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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]
Immigration to Portugal decreased significantly after the dire consequences of the 2008 financial crisis. At the same time, emigration of both Portuguese and foreign nationals increased. Dealing with the Ukrainian community, for instance, declining investment in public projects and improved immigration control prompted many Ukrainians to leave ...
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 ...
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:
In the European Union (EU), a family member's residence card is issued under EU rules by any EU country (except, in common, the country the EU family member is a national of). [1] This exception is not applicable to Spain or Italy, where non-EEA family members of Spanish or Italian citizens will hold a valid Residence card for a family member ...
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.
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]