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Investment by Brazilian nationals under the same scheme was up by almost 42 percent in 2019. [9] Spain and Greece have programs comparable to Portugal's Gold Visa program. [10] The terms and criteria for the Golden visa program has changed over time and the country has tightened the rules to obtain the visa by simply buying a property in the ...
Residential investment can give a permit lasting 5 years and the company route, 3 years. these visas are renewable. 3 years of continuous residence allows a permanent residence permit to be applied for. Seven years residency and passing a language exam will open the opportunity to acquire citizenship and a Hungarian passport. [21]
Under the Investment Tax Code rules, the regime is available to anyone who fulfilling the following conditions: [1] [15] [2] Be deemed resident on Portuguese territory for tax purposes, according to any of the following criteria in the year to be taxed as a non-habitual resident:
LISBON (Reuters) -Portugal announced on Monday a new plan that will toughen some immigration rules, following in the footsteps of other EU countries and days before Europeans head to the polls in ...
The share of children born in Portugal to foreign resident mothers stood at 10.3% in 2011, 9.7% in 2017 and 21.9% in 2023. [31] [32] [33] Dealing with children born from foreign-born mothers, their share reached 25% in 2022. [34] Due to population ageing, immigration is the only factor that has made the Portuguese population grow in recent ...
The European Union must transform its pandemic recovery fund into a permanent instrument for structural investments to face competitiveness challenges that can only be overcome on an EU scale ...
Under the Investment Tax Code, approved on September 23 2009, [3] a new type of residency, for tax purposes was created under the Personal Income Tax Code, called non-habitual residency (NHR). This new tax residency type was created in order to attract to Portugal high-skilled professionals and pensioners obtaining foreign income. [4]
Permanent residency is a person's legal resident status in a country or territory of which such person is not a citizen but where they have the right to reside on a permanent basis. This is usually for a permanent period; a person with such legal status is known as a permanent resident.