DUMONT DOS SANTOS is an advisory firm focused on investments of High Net Worth Individuals, such as real estate acquisitions and investment funds in Portugal.
We will talk about the portuguese market and different investment opportunities.
The new program allows visitors to live and work for up to a year in Portugal and it will be launched Oct 30, 2022.
The popularity of Portugal among remote workers is due to several reasons, including the low cost of living, mild weather, an abundance of co-working spaces, connections to major European cities, and the country's fluency in English.
By launching the new digital nomad visa, Portugal will join the list of countries that already offer such opportunities to all internationals who plan to work remotely.
Portugal is one of the few European countries to currently offer a long-stay visa to remote workers and digital nomads. With this visa, you can live in Portugal for up to one year and work remotely from one of the hottest digital nomad hotspots in the world.
Do you dream of living in Portugal, riding the tramcar, and drinking wine watching the sunset over the beach? Now you can with the Portugal digital nomad visa!
Requirements:
Remote workers who make at least four times the Portuguese minimum wage can apply - that amounts to about €2831 ($2.750)/month.
Remote workers can apply for either a temporary stay visa of up to one year or a residency permit that can be renewed for up to five years.
Workers need proof of employment from a company located outside the country, as well as proof that shows that the applicant is a non-EU resident.
Advantages:
Travel visa-free throughout the Schengen Area, a region containing 26 European Union member countries where travelers can move freely without dealing with border control.
Process:
You can apply at a Portuguese Consulate in your home country or at Portugal's immigration agency SEF (Serviço de Estrangeiros e Fronteiras). On top of showing proof of income for the last three months, applicants must submit tax residency documents and a contract of employment (or proof of self-employment).
https://www.portugaldigitalnomadvisa.com/
17 Mar 2021
Should I apply for the Portuguese Golden Visa?
Some pros and cons to consider on the Portuguese Golden Visa.
For more information:
www.dumontdossantos.pt
Info@dumontdossantos.pt
+351 96 505 10 25
17 Mar 2021
Golden Visa Portugal - Real Estate or Investment Fund?
With real estate you will pay more taxes (acquisition tax around 6% and 0,8% stamp duty tax) and also tax on income generated by your property in the future at a tax rate of 28% (need to do a tax return in Portugal).
With investment fund you will have no tax and distribution of dividends are not taxed unless you live in a country which is considered to be a tax heaven in the eyes of the portuguese law.
Note: If you are "US Person" you might check with our financial advisors if the fund can be qualified diferently and be more tax friendly in the eyes of the US law.
Feel free to contact us:
https://www.dumontdossantos.pt/goldenvisaportugal (https://www.youtube.com/redirect?event=video_description&redir_token=QUFFLUhqbk1DaVUzdGhmUDBPV0lYY1VuZlFQQjBZcVNmUXxBQ3Jtc0trbjRHSkFNb1M0MTJvN0xYRjlPQ3B2SEFwM2hvRXBJazJuMUhtSDVYandrYzNicUozTGw1OHBpRnN4MmdYRVdKQktZOFhDWkpBNTh1WmVVOHU2SV9PUUlfVHVLZXlpTGFBSFM4cUg5aXBkQ21oSkM3OA&q=https%3A%2F%2Fwww.dumontdossantos.pt%2Fgoldenvisaportugal)
info@dumontdossantos.pt
+351 96 505 10 25
17 Mar 2021
Golden Visa Portugal Changes 2022
As per the recent news regarding the amendments carried out in the Portuguese Investment Program (Golden Visa Portugal), we would like to inform you that last Friday the final regulation was approved by the Portuguese Government (Decree Law no. 14/2021 the 12th of February (https://dre.pt/web/guest/home/-/dre/157236756/details/maximized)).
The main changes of the Portuguese Golden Visa (https://www.sef.pt/en/pages/conteudo-detalhe.aspx?nID=21) program are:
1M euros capital transfer option will increase of the amount of the threshold to 1,5M euros capital transfer.
350.000,00 euros or more capital transfer for acquisition of units of investment funds or venture capital funds option will increase of the amount of the threshold to 500.000,00 euros capital transfer.
Acquisition of Real Estate for housing of 500.000,00 euros or more and acquisition and restoration work of Real Estate for housing of the amount of 350.000,00 euros or more options. Properties for residential purpose to be eligible need to be purchased in regions with low population density or at the Islands of Madeira and Azores. To check the low population density areas please click here (https://dre.pt/application/conteudo/107684448) (page 2–4).
The amendments approved on last Friday are due to enter into force on the 1st of January 2022.
For more information please contact us:
https://www.dumontdossantos.pt/goldenvisaportugal (https://www.youtube.com/redirect?event=video_description&redir_token=QUFFLUhqbEdVX1JjZ3ZXVWdiYlBhSUdLUjJoeEQ4WEE4d3xBQ3Jtc0tuMnNNdkdGSDVzcTdJSWhKRGtwd3lCUTZBMEFIUDFSb3ljOFNZTFEzTmZ5bzJ5dGxxT3hJQ1EtNlNTTTZVVmxRaWJPSGhXVDZWT0pMOUZ6cFAzMms5Q0ZmMzZ1bVQ4YThSVVNYSnZ3a1JjalNiU0RyQQ&q=https%3A%2F%2Fwww.dumontdossantos.pt%2Fgoldenvisaportugal)
Email: info@dumontdossantos.pt
Telephone: +351 96 505 10 25
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