Fiscal & Legal


Wealth Management and Fiscal Information

The importance of taking trustworthy professional advice when buying a home, especially overseas, is crucial. Be well prepared, time spent on research to gather information will pay dividends in the end.

Each client has a different purpose for making a property purchase and some will be more au fait with the Portuguese system than others. Beware! There is a lot of conflicting advice given on various websites and some information may be out of date. For that reason, I would advise my clients to consult the experts.

At Laws Property Portugal, our expertise is in the property market, and we will listen carefully to a client’s requirement to find the appropriate home. When it comes to matters fiscal and legal, we will be pleased to put you in touch with the relevant professionals, be it for mortgage advice, visa and residency requirements, support to open bank accounts through to legal support to assist with all your conveyancing needs.

Building the right support team will pave the way to a smooth transition, particularly when making the move to a foreign country. The Portuguese government are currently offering various incentives to encourage foreign investment. These options are outlined in brief below.

Portuguese Non-Habitual Residence Regime (NHR)

As from the 1st of January 2024, the Non-Habitual Residence (NHR) program will no longer be available.

Portugal Passive Income Residency Visa – D7

Due to Portugal’s stable political and social environment, clear and transparent tax rules, good infrastructure and an excellent quality of life, individuals and families are seeking residence in the country. Obtaining the D7 visa provides residency status to non-EU citizens who intend to locate to Portugal and who have a reasonable regular passive income.

D7 Visa Requirements

A successful application will depend on proof of regular income which may be derived from a pension, rental, dividends or some categories of investment income. The minimum income may vary depending on the number of dependants that the main applicant wishes to include. These are the current minimum requirements:

  • Main applicant – 100% of the minimum wage – €9,120 per annum (2023)
  • Spouse of parents – 50% of the current minimum wage each – €4,560 per annum (2023)
  • Dependent children – 30% of the minimum wage – €2,736 per annum (2023)

If the application is successful, benefits include:

  • The right to live, work and/or study in Portugal
  • Visa-free travel throughout the Schengen Zone
  • The option to take employment or start a business
  • Qualification for permanent residency including education and healthcare

Golden Visa Residence Permit Program

As of July 2023, the Portuguese government approved legislation to exclude the previous real estate (direct and indirect) and capital transfer investment options from the Golden Visa scheme. Golden Visa can no longer be acquired trough the purchase of property.

For further information Contact:

Shelley Wren – Head of Business Development in Portugal

Mortgages in Portugal

Borrowing money to partly fund a purchase can be advantageous. Contact us for more information as we have recommended companies who will provide a quick, reliable and efficient service.

Legal Representation

It is important to contract the services of a legal representative with whom the client can build a good relationship. Again, we can provide the names and contact details of those solicitors/lawyers who have built a trusted reputation for efficiency, good communication and the ability to respond quickly to questions. I have always advised clients to do their homework first and a meeting with a legal representative in Portugal is the best way to start a property search. They will be able to give information on the process and detail expected expenditure.

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