Retirement Visa

If you are a non-EU/ EEA/ Swiss citizen RETIREE and intend to move to Portugal, you may benefit from a specific residence permit and a special tax status ("NHR" status) that allows a 10-year of zero income tax.

This residence permit is a less expensive option than Portugal other residency schemes and does not prevent the holder from having a professional activity in Portugal.

Once the main applicant obtain his residency card, his/her immediate family members can be reunified.

BENEFITS

 
  • Visa free movement in Europe Schengen countries.
  • Freedom to live, have a professional activity and study in Portugal.
  • Option to become a non-habitual resident of Portugal for tax purposes (little or no tax for 10 years)

REQUIREMENTS
 
  1. Bank account in Portugal.
  2. Long-term accommodation in Portugal (by either buying or renting a property). We recommend a property purchase at any price
  3. Private health insurance recognized in Portugal
 
RESIDENCY RENEWALS:
 
Residency must be renewed at the end of year 1 then every two years. To apply for the Permanent Residency at the end of year 5, the residency holder should pass a basic Portuguese language test.

At the end of year 6, residency holder can apply for the Portuguese passport.

MINIMUM STAY REQUIREMENTS

Residency holder is expected not to be away from Portugal for more than 6 consecutive months or 8 non-consecutive months during the validity of each permit. For the holder of a permanent residence permit, this is increased to either 24 consecutive months or else 30 non-consecutive months in any given period of 3 years.
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We will assist in every step of the residency process and later on in the citizenship application starting with the residency application at the designated embassy, assisting with the relocation, advising on the right property and the tax matters in Portugal.
 
Portugal has other routes that will lead to the Portuguese residency and citizenship, check Portugal Entrepreneurship Visa and Golden Visa
  
Why Portugal:
 
Portugal is a country of charm, beauty and culture
 
Portugal has the oldest borders in Europe, with an exceptional range of different landscapes just a short distance away.  Lots of leisure activities and a unique cultural heritage, where tradition and modernity blend together in perfect harmony. Its superb cuisine, fine wines and hospitable people make this a tourist paradise of the highest quality. 

Situated in the extreme south-west of Europe, just a few hours from any of the other European capitals, Portugal attracts visitors from all over the world. 


For more information contact us on:

Tel: +962 780 900 222 / +962 779 214 752

Email: info@magnet-immigration.com

or Book Your Free Consultation on this link  http://magnet-immigration.com/ContactUs
 
 

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