Have you ever thought about buying property in Portugal?? There are so many reasons to consider Portugal as a real estate property investment. Portugal is known for diverseness of environments, sandy beaches, and mountains.
Let’s take a look at some important points on why you should think about buying a property in Portugal.
Climate and the Friendly Portuguese
Portugal’s offers mild winter and hot summer seasons. The Portuguese are very affable and nice. They welcome visitors with open arms. Visitors from all over the world come here to explore rich culture and cuisine. A large part of the population speaks foreign languages, specifically English.
With prime geographical location, Portugal has always been central to the most important international routes as it is situated between three continents Europe, Africa, and America.
The Country Side
Portugal is a member of the European Union and uses the European single currency. According to World Economic Forum, Portugal is 6th most competitive economy, out of a total of 138 countries. It is the 3rd most peaceful country in the world among 163.
Simple Tax Rules
Another reason to invest or buy a property in Portugal is because it has clear, simple and transparent tax rules. It offers facilities for getting residence permits, as part of new legal provisions that are more attractive to foreign investors.
It also has a special regime for non-habitual residents, aimed at attracting foreign investors through very favorable income tax rates.
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