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Real estate industry in Portugal usually divides housing units in two classes: apartments (apartamento or andar) and separate houses (vivenda or moradia).The apartments are classified in types T0, T1, T2, etc., that define the number of separate bedrooms.
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Non-Habitual Resident. The tax regime for non-habitual residents (commonly known as NHR s or NHR Tax Regime), formally known as non-regular residents, was created with the approval of the Investment Tax Code, approved by Decree-Law n. 249/2009, of 23 September. It changed the rules of the Portuguese Personal Income Tax, by granting a set of tax ...
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The eligibility criteria to obtain a Portugal Golden Visa included: A Capital Transfer with a value equal to or above €1,5 million; The creation of at least 10 jobs; The purchase of real estate property of at least €500,000 or above
Over the course of its history, the tower changed hands several times before being sold to a group of real estate investors in 2011. The current owners subsequently converted it into a mixed-use development , including a hotel, apartments, condominiums, offices and a restaurant, which opened in 2017.
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