According to the newspaper ‘Expresso‘, Lisbon was where the largest number of cases were filed, but Porto (484), Loulé (339), and Leiria (215) follow: there are 240 cases in higher courts and one has even reached the Supreme Court. Most of the cases against AIMA, explained the newspaper, are “subpoenas to defend rights, freedoms and…
Portugal Introduces Cultural “Golden Visa” to Boost Art Acquisition Portugal has recently passed a new law aimed at fostering private investment in the cultural sector. The law, announced by the Minister of Culture, Pedro Adão e Silva, includes the establishment of a Fund for the Acquisition of Works of Art for National Museums and Palaces,…
It Was Today Published In Diário Da Republica (Portaria N.º 307/2023, De 13 De Outubro) The Fees That Will Be Charged By The New Entity That Will Replace Sef. The Updated Values Will Enter Into Force On October 29Th, 2023, And Are The Following: Analysis Fee – 773,74€ (Previously Was 581,76€ €) Residency Card For…
The small Iberian nation is set to reverse a long-standing tax law Investors will now have to pay taxes on crypto gains The move to start taxing crypto was seconded by Secretary of State for Tax Affairs – António Mendonça Mendes To the shame of numerous Golden Visa searchers, Portuguese Finance Minister Fernando Medina has…
Renting a T1 apartment in Lisbon cost €1,240 per month in the final stretch of 2021. But in Paris it cost more: €1,964. Rent prices continue to rise in several European cities – in some more than 10 percent. In Lisbon, renting a furnished T1 apartment cost, on average, €1,240 per month between October and…
Presentation by Mr. Nicolas Salerno, Board Member, Investaureum, Portugal at IREX Residency & Citizenship Conclave 2021, Dubai Topic: Portugal Residency by Investment through Rehabilitation of Patrimonial Real Estate. https://www.youtube.com/watch?v=A4WIkhgb-QE
On December 11th, four promotional and investment-raising seminars will be held at the Portugal Pavilion under the motto Global Residency and the Portuguese Golden Visa, organized by the company Invest Aureum, with the aim of promoting Portugal as a destination for investment and to attract foreign capital through the Golden Visa program. The seminars are aimed at…
BorgWarner broke ground on a new plant in Viana do Castelo, Portugal, where it plans to produce electrification products such as electric motors, inverters and battery management systems for a wide range of global automakers in Europe. Investment in the new facility where production is slated to partially begin in Q3 2022 and at full…
Com um investimento de 60 milhões de euros, o projecto vai reabilitar uma zona industrial em Peso da Régua. Vai ter um hotel, restaurante, marina e 38 residências. Uma zona industrial degradada, localizada junto ao rio Douro, em Peso da Régua, vai ser reabilitada e transformada num empreendimento turístico privado, num investimento de 60 milhões de…
Portugal’s golden visa program raised EUR 52.3 million from 100 investors and 135 family members in February, a month-on-month uptick of 58% in euro terms and of 82% in number of approvals. The disparity between the two figures is explained by a greater share of applicants opting for the alternative (typically cheaper) investment categories in…