About Portugal

Portugal is an associate member of European Union and NATO. It lies along the coast of Iberian Peninsula in south Western Europe. It shares border with Spain in the east and north with the Atlantic dominates the coastline in the west and south. The islands of Azores and Madeira are also part of Portuguese history.

Portugal enjoys a temperate maritime climate with hot summers and wet winters, affected by the Atlantic, Continental and Mediterranean influences. Portugal is divided by the Tagus River, which separates the rugged north from the rolling plains in the South. In the north, the landscape covers mountains of Iberian Peninsula forests with deep valleys. The South of Tagus River is characterized by wide plains with planted mostly Mediterranean species including olive trees and vineyards. The central coastline region flourishes with holiday resorts.

Despite of the outstanding natural environment, the enriched Portuguese culture voyages of Flemish, French and Italian escalate the attractiveness of Portugal. English and Portuguese are both common language.

Qualifications

  • Purchase property value not less than €500,000 in Portugal
  • Principal Applicant must be above the age of 18
  • No record of criminal issues
  • Bear effective Visa

Family Sponsorship

  • Your spouse
  • Your unmarried child below age of 18
  • Or dependent child and parents of Principal Applicant

Residence Requirement

1st Year 7 days
2nd – 3rd Year 14 days
4th – 5th Year 14 days

Processing Time

  • Up to 3 moths obtain residential status after completion of property purchase

Procedures

  • Initial Assessment:
    • Provide free consultation, assess and collect require documents. Sing service contract and Letter of attorney Pay deposit
  • Pass Initial Inspection:
    • Apply for Schengen Visa to conduct a 5 days field trip to Portugal
  • Proceed migrant and estate purchase procedures:
    • Execute procedures at Portal SEF. Open a bank account
    • Inspect government approved properties and complete details
    • Portugal Consulate would inspect the transaction and issues proof documents
  • Hand in Application:
    • Hand in application and relevant proof to Portal SEF. (3 months inspection)
  • Visa granted and proceed investment:
    • Applicant reveived visa with eligible period of 12 months. (need to live in Portugal for a minimum of 7 days)
    • Eligible to apply for permanent residency after 5 years (require simple interview)
    • Eligible to apply for Portugal passort after 6 years

For applying Visa

  • 2 copies of photos ( 35mm x 45 mm, white background with color painted )
  • Passport
  • Working Certificate
  • Company Leave Letter
  • Bank Bill of previous 6 months
  • Household Booklet
  • Invitation Letter
  • Departure and return air ticket
  • Hotel Booking Confirmation
  • Travel Insurance

For applying Golden Resident Permit

  • Passport or Travel Documents
  • Visa
  • Birth Certificate
  • Martial Certificate
  • Notarial Certificate of non-criminal Punishment
  • Medical Insurance Certificate
  • Property Investment Contract and Business Registration
  • Fiscal Number

Advantages

  • Global Citizen Identity
    • With Portugal permanent residency, one can travel EU member countries freely, eg. France, Germany, Italy and Sweden…etc.
      Holder of Portugal Passport enjoy visa – free around 158 countries worldwide which is the second most convenient after Denmark.
  • Low Resident Requirement
    • Do not necessary live in Portugal. Only require applicant to stay in Europe for 7 days (must arrive through Portugal)
  • Well-developed Education System
    • Portugal promotes both public and private education system. It provides 12 years free public education. A diverse culture of American and French style private education is offered in a lower cost compared to England and U.S. Some Private International school would offer A-Level or IB courses in only about 50% fee for similar course in China. Some of them also cooperate with colleague in England, France and Swiss in organizing bachelor degree work.
      Portugal has lots of reputational schools, such as University of Coimbra, Universidae de Lisbona and U.Porto. University of Coimbra has a significant historical background upon 1290, the year it was founded. It has been token symbol of Portugal as one of the oldest school over Europe.
  • High Medical Standard
    • Well-developed overall medical system with high standard. Free medication and service provided by public hospital with a shorter queue time. Private hospital charged reasonable fee. According to World Health Organization (WHO) report in 2011, Portugal ranked 12 in the World Best Medical System. The average lifespan of Portuguese reaches 79.1 years old.
  • Transparent and simple tax system
    • Unlike other European Countries, Portugal does not demand Global Tax. Tax system divided into National tax and local tax. Personal income tax accounts 13.2%.
  • Favorable Public Order with low crime rate
    • Portugal is named as one of the safest countries in the world.
  • Business Profit Tax: 12.5% & 25% (if firm profit exceeds€12,500)
  • Personal Profit Tax: 13.2%
  • Value Added Tax: 23% in general
Applicant can execute an English or Portuguese version at origin residence authorities or onsulado-Geral De Portugal.
  • Not needed. The €500,000 requirement is only enforceable at the time the investment is made.
  • If applicant would like to invest in properties has a price above €500,000, the minimum initial payment equals to €500,000. Applicants can apply for mortgage or loan for the remaining portion of payment.
After the completion of property purchase, residence state could be granted as fast as 3 months.

Applicant is eligible to apply for permanent residency identity if he holds a temporary residence state for continuously 5 years.

  • After going through simple tests or fulfil other requirements, applicants could grant a permanent residency identity.
  • Portugal governmental education authorities’ qualification or certificate.
  • Any qualifications or certificates issued by Portuguese Countries authorized educational constitution (should involve attending Portuguese course).
  • Certificates from IEFP and other recognizing Portuguese Courses.
  • Basic Portuguese language examination certificate issued by recognizable exam center of education department.
Yes, it accounts for 28% of rental income.
  • Non-resident not required.
  • Resident who live in Portugal for 183 days are required to pay it.
  • Even if it is collected, the overall tax rate in Portugal is quite low.
Any property value over €500,000 can be used for mortgage.
  • Schengen Area is formed under the confederation of Schengen Agreement. It consists of 26 European Countries including Austria, Belgium, Denmark, Finland, France, Germany, Iceland, Italy, Israel, Luxemburg, Netherland, Norway, Portugal, Spain, Sweden, Hungary, Czech Republic, Slovakia, Slovenia, Poland, Estonia, Latvia, Lithuania, Republic of Malta, Switzerland and Liechtenstein.
  • Schengen Area not equals to European Union (EU).
  • For China passport holder, applicant needs to execute a visa.
  • For HKSAR passport holder, it is visa- free.
  • Yes, as long as the total investment reach €500,000.
  • For a property valued €1M. It can be used for two application of immigration investment.
It should be notarized and authenticated if one has lived in the respective country for more than one year.

Contact Us

  • Address Unit 502, 5/F, Beverley Commercial Centre, 87-105 Chatham Road South, Tsim Sha Tsui, Kowloon, Hong Kong
  • Tel (852) 2375 3733
  • Fax (852) 2375 2292
  • E-mail info@inchk.com
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