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Portuguese government changes citizenship requirements for descendants of Sephardic Jews
From 1 April 2024, Portugal will introduce new conditions for Sephardic Jews participating in the citizenship programme, including a requirement to reside in the country for 3 years before applying for citizenship. The programme will end on 31 December 2024.
Research: The impact of loneliness on quality of life, real estate investment, and the global economy
The pandemic and resulting social isolation have brought attention to the issue of loneliness. These events have demonstrated that loneliness is not only oppressive and devastating but also poses a threat to human health. The World Health Organization (WHO) has addressed the issue, and the European Commission has conducted a separate research on the risks and consequences of loneliness.
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Transnational real estate investment: 2021 year-end results of Tranio’s survey
Cross-border property investors ramped up to or surpassed the pre-COVID-19 level of activity in most countries by the end of 2021.
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Portugal Golden Visa
Portugal Golden Visa is a state residence by investment program. This immigration program started in Portugal in 2012 and is considered one of the best in the world according to various ratings. It is an opportunity for foreign investors to travel without a visa across the Schengen Area and a short path to EU citizenship in just 5 years.
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Where Russians want to live, work and retire: popular countries in 2021
For Russians, Canada and the US are the top destinations to immigrate to in 2021. At the same time, Russian citizens would prefer to own real estate in Turkey or Spain and to retire in Germany
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Buying and registering property in Portugal
Buying property in Portugal is relatively simple as the country has an open attitude to foreign buyers in the form of a preferential tax regime, Golden Visa programme and no restrictions what the type of property a non-resident can buy.
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Mortgages in Portugal
Foreign nationals are able to obtain mortgage loans to buy real estate in Portugal on favourable terms. The lowest interest rates are less than 3%, and local banks issue loans for both newly-built and existing property.
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Taxes in Portugal
Portugal has an attractive tax system. Taxes are generally lower than in other European countries and there is an exceptional tax regime for certain tax residents that considerably reduces expenses associated with business and other activities.
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Property maintenance costs in Portugal
Property maintenance in Portugal is cheaper than in countries like the UK and USA. For example, it costs about €2,000 per year to maintain an apartment in Lisbon and about €4,000 for a three-bedroom villa in Faro.
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How Brokers From the Backwoods of Russia Sold Apartments in Miami during the Pandemic
Closed borders and lockdowns have made it nearly impossible to buy and sell international real estate as before the coronavirus pandemic. Nevertheless, the sales team of real estate brokerage Tranio found a way to fulfil their plan and carry out cross-border real estate transactions remotely.
Work visa for Portugal
A work visa for Portugal unlocks the route to obtaining a residence permit. A prerequisite for it is a valid contract with a Portuguese company.
StartUP visa for Portugal
A foreign entrepreneur that starts up an innovative business with a projected value of assets or annual turnover of at least €325,000 to be reached in five years gets a residence permit in Portugal.
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Citizenship in Portugal
A foreigner residing for five years in Portugal may make an application to obtain a Portuguese passport. Portugal offers one of the fastest tracks to naturalisation in the EU.
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Residence permit in Portugal for financially independent individuals
Moving to Portugal is an easy task for wealthy foreigners that just need to buy or rent housing and prove sufficient subsistence funds in the bank. The immigration programme for the financially independent is simple and accessible for many.
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How to move to Portugal
Portugal is one of the most affordable countries to move to in Europe. Portugal imposes minimum requirements for obtaining a residence permit, and the local authorities are favourably disposed to attracting expatriates.
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