Page 1

GOLDEN VISA PORTUGAL A GOLDEN INVESTMENT & LIFESTYLE OPPORTUNITY


THE GOLDEN VISA PROGRAMME PROVIDES YOU WITH INCREDIBLE ADVANTAGES

2

For further information please call: +44 1792 469869 or visit www.goldenvisa.company or www.tangible.company


THE GOLDEN VISA PORTUGAL AN INVESTMENT OR A LIFESTYLE. LIVE OR WORK FREELY IN BEAUTIFUL PORTUGAL WITH A GOLDEN VISA

AN INDEPENDENT GOVERNMENT REGULATED REAL ESTATE FUND

WITH GOLDEN VISA LIVE ANYWHERE IN THE EU PERMANENTLY

QUALIFY FOR TAX EXEMPTION FOR 10 YEARS

A safe investment, low to

Available in 12 weeks from your

A major incentive for

zero taxes with excellent returns of

application. The Golden Visa

Europeans and non-Europeans

circa 20% per annum from

Company take care of the entire

to buy a property in Portugal from

property developments by

process for you and your family

The Tangible Group at a typical

The Tangible Group

20% below current market values.

3


PORTUGAL IS AN EXCELLENT CHOICE, WHEN LOOKING TO INVEST OR PROVIDE A QUALITY LIFE FOR YOUR FAMILY.

4

For further information please call: +44 1792 469869 or visit www.goldenvisa.company or www.tangible.company


A BEAUTIFUL COUNTRY GRAND BUILDINGS SALVAGED AND TRANSFORMED

You can go back to Roman times and

being the Golden Visa Program offering

read of great dwellings in European cities

permanent residency that has seen over

and today there are centrally located

3,000 residencies granted. An update of

and ornate buildings in cities that were

the Golden Visa laws in September 2015,

exploding in scale dating back in the 18th

reducing entry to just ¤280,000 in return

and 19th centuries. Now many business

for developing property, allows you to

districts have moved on to new clusters

gain residency and make a profit on your

of bigger, smoother, shinier buildings and

investment.

leaving the grand, older ones dark and

There are tax free structures in the form of

empty. For years, the city centre area of

Independent Government Regulated Real

Lisbon became neglected, at best serving

Estate Funds for property development too.

as a canvass for graffiti enthusiasts. Now

There is also a law that permits foreigners

those beautiful buildings are being brought

to pay zero tax for 10-years under the non-

back to life as luxury apartments offering

habitual tax scheme.

excellent returns for investors and wonderful places to live. The Portuguese government introduced

Combining all or part of these laws to maximize your returns on investments, is what we do for you, making beautiful

a number of laws in 2012 to encourage

Portugal an excellent choice, when looking to

foreigners to invest, the most popular

invest or provide a quality life for your family.

5


PORTUGAL’S GOVERNMENT INTRODUCED A NUMBER OF LAWS IN 2012 TO ENCOURAGE FOREIGNERS TO INVEST, THE MOST POPULAR BEING THE GOLDEN VISA PROGRAM

6

For further information please call: +44 1792 469869 or visit www.goldenvisa.company or www.tangible.company


THE TANGIBLE GROUP RISK AVERSE, PROFIT DRIVEN AND EXIT FOCUSED PROPERTY DEVELOPERS

We extensively study the property market

There is limited residential

A First Class legal team in

trends to ensure that we buy in the next

offer available in the historic and CBD

construction, engineering and architects

hot market where there is value, backed

sectors of the city consolidating future

ensures top quality delivery of

by qualified independent reports.

price projections.

residential buildings.

Allowing you to acquire a residential

Our typical property offer is

Visit our website for details on our

unit in one of the most sought after areas

approximately 20% below market price

approach to property development

of Lisbon at a price well below current

averages in the same location.

www.tangible.company.

market values.

7


A SAFE MODEL INDEPENDENT GOVERNMENT REGULATED REAL ESTATE FUNDS IGRREF

the Bank of Portugal, the Portuguese

A FULLY MANAGED, TROUBLE FREE PROCESS THROUGHOUT THE INVESTMENT PERIOD

Governments Department of Finance, provides you with a safe and transparent model. Investments in the fund can only be for the purpose of developing properties, with all income and expenditure visible to the investor at all times during and post the

Legislation changes has seen the introduction of IGRREF that are tax free

Our tax and legal team will structure your

for foreigners as long as your investment

investment in the acquisition of a property

remains, with current legislation at exit of

for development, to bring you significant tax

only 10% withholding tax.

relief. When the property is complete, any

Independently managed by a regulated fund manager under the supervision of

8

build works.

rental income and the capital appreciation of the asset purchased are paid to you.

For further information please call: +44 1792 469869 or visit www.goldenvisa.company or www.tangible.company


THE GOLDEN VISA COMPANY PROVIDING YOU AND YOUR FAMILY A REWARDING AND SUCCESSFUL INVESTMENT OR RELOCATION TO EUROPE

WHAT WE DO: 1. VISA APPLICATIONS AND RENEWALS 2. OBTAINING PORTUGUESE CITIZENSHIP 3. PROPERTY MANAGEMENT 4. TAX REPRESENTATION.

RESIDENCY

PROPERTY

ADDED VALUE

WE TAKE CARE OF IT

MANAGED FOR YOU

WHAT ELSE DO YOU NEED?

FOR YOU AND YOUR FAMILY

AT ALL TIMES

JUST ASK US.

Your Account Manager and the support

Whether you choose to live in or rent your

We can help you with finding schools for

management team including lawyers,

property when it has been built, it will still

your children, or buying a car and more. Your

accountants, tax experts and real estate

be safely and securely managed. From the

Account Manager has access to an expansive

manage the entire process for you.

furnishings to placing tenants in

validated associate service providers, a

You can choose to deal with just one person

your property. We will take care of the

holiday, travel or perhaps you want to set up

or meet the team who will look after you

entire process right down to selling your

or buy a business, we will help you achieve

from the day you decide to apply

property when you are ready.

your goals.

for a golden visa to when your ready to sell your property and/or apply for citizenship and passport. Importantly, We do the work for you.

9


QUALIFYING INVESTMENTS FOR THE GOLDEN VISA PORTUGAL

The Golden Visa programme launched

majority of European countries

requirements. With extremely reduced

by the Portuguese Authorities is a fast

(Schengen area). Aimed at attracting

minimum stay requirements, the

track for investors to obtain a fully

foreign investment to Portugal, the Golden

Golden Visa is clearly one of the most

valid residency permit in Portugal and

Visa is a very straight forward and flexible

attractive residency programs for

consequently free access to the vast

programme, with simple and clear legal

investors in the world.

CAPITAL Capital transfer of ¤1 million Capitalisation on SME’s ¤500,000 Funding of research activities ¤350,000

PROPERTY Any Property Purchase

10

Creation of 10 or more local jobs

¤500,000 Any business area Urban Renewal Property Purchase ¤350,000 Rural Renewal Property Purchase

Funding of arts and culture ¤250,000

EMPLOYMENT

All types of business No minimum investment amount

¤280,000

For further information please call: +44 1792 469869 or visit www.goldenvisa.company or www.tangible.company


ADVANTAGES & BENEFITS OF THE GOLDEN VISA PORTUGAL

1. Straightforward and flexible investment requirements 2. Extremely low minimum stay requirement - 7 days first year and 14 days following periods of 2 years 3. Fully extensible to family members (with no further investment requirements) 4. Freedom to travel to all European countries member states of the Schengen area 5. Permanent Residency provided you keep ownership of your property investment for five years 6. Option to apply for a Portuguese Passport in year six 7. No limitations on ownerships of the selected investment 8. No limitation on subsequent investments or employment opportunities The Schengen area includes: Austria, Belgium, Czech Republic, Denmark, Estonia, Finland, France, Germany, Greece, Hungary, Iceland, Italy, Latvia, Lithuania, Luxembourg, Malta, Norway, Netherlands, Poland, Portugal, Slovakia, Slovenia, Sweden and Switzerland.

11


YEAR

DAY

THE PROCESS BEGINS

1

7 DAYS MINIMUM STAY

1

YEAR

14 DAYS MINIMUM STAY *

INVESTMENT IS MADE

RESIDENCE CARD

RESIDENCE CARD

1-2 WEEKS PAPERWORK

.. .

12 WEEKS BEFORE EXPIRY

.. .

12 WEEKS BEFORE EXPIRY

GOLDEN VISA APPLICATION

GOLDEN VISA RENEWAL

GOLDEN VISA RENEWAL

10 - 12 WEEK PROCESS

.. .

8 WEEK PROCESS

.. .

8 WEEK PROCESS

APPLICATION APPROVED

CONFIRMATION

CONFIRMATION

2 WEEKS

.. .

2 WEEKS

.. .

2 WEEKS

PERMANENT RESIDENCY CARD

PERMANENT RESIDENCY CARD

PERMANENT RESIDENCY CARD

ISSUED 1 YEAR

RENEWED 2 YEARS

RENEWED 2 YEARS

.. .

3

.. . .. . .. .

LIVE ANYWHERE IN THE EU SCHENGEN AREA

12

For further information please call: +44 1792 469869 or visit www.goldenvisa.company or www.tangible.company


TIMELINE SHOWING YOUR ROUTE TO PERMANENT RESIDENCY IN EUROPE

YEAR

14 DAYS MINIMUM STAY *

5

YEAR

14 DAYS MINIMUM STAY *

RESIDENCE CARD

RESIDENCE CARD

12 WEEKS BEFORE EXPIRY

.. .

END OF YEAR

GOLDEN VISA RENEWAL

CITIZENSHIP APPLICATION

8 WEEK PROCESS

.. .

3 - 6 MONTHS

CONFIRMATION

CONFIRMATION

2 WEEKS

.. .

2 WEEKS

PERMANENT RESIDENCY CARD

CITIZENSHIP PORTUGUESE PASSPORT

RENEWED 5 YEARS

6

.. . .. . .. . .. .

TRAVEL TO OVER 174 COUNTRIES VISA FREE LIVE ANYWHERE IN THE EU. * Also Years 2 & 4

13


PORTUGAL’S GOVERNMENT INTRODUCED A NUMBER OF LAWS IN 2012 TO ENCOURAGE FOREIGNERS TO INVEST, THE MOST POPULAR BEING THE GOLDEN VISA PROGRAM

14

For further information please call: +44 1792 469869 or visit www.goldenvisa.company or www.tangible.company


THE TAX ADVANTAGES IN 2012 PORTUGAL TOOK MEASURES TO STREAMLINE THE SO CALLED NON-HABITUAL TAX RESIDENT REGIME, TO ATTRACT NON-RESIDENT CITIZENS.

This regime is now fully operational and

AMONG THE TAX BENEFITS ARE:

offers significant tax benefits to those

• Exemption from taxation in Portugal,

wishing to set up residence in Portugal,

of foreign income, originated from dependent

including citizens of other EU countries.

labour or pension income.

The Non-Habitual Tax Resident Regime

• Taxation at 20% flat rate of proceeds from

is applicable to individuals who have not

Portuguese origin, that result from added

been residents in Portugal in the last five

value activities*.

years and that remain in Portugal for more

• The benefits under the Non-Habitual

than 183 days during the related year,

Tax Resident Regime are granted for a

either consecutive or interpolated or have,

period of 10 years.

by December 31st of that year, housing

• Having tax residence in Portugal, also

that they intend to use as their habitual

offers the advantage of no inheritance tax

residence.

for direct relatives.

*Architects and engineers, artists, actors and musicians, auditors and tax consultants, doctors and dentists, academic professors, investors, administrators and managers, senior executives, as specified in the Implementing Order No. 12/2010, from January 7th.

15


• 3 INTERNATIONAL AIRPORTS • OUTSTANDING LEISURE FACILITIES • ONE OF THE SAFEST PLACES IN THE WORLD

16

For further information please call: +44 1792 469869 or visit www.goldenvisa.company or www.tangible.company


BEAUTIFUL PORTUGAL DID YOU KNOW THAT ACCORDING TO PRICE WATERHOUSE COOPERS PORTUGAL IS IN THE TOP THREE EUROPEAN COUNTRIES LIKELY TO MAKE THE MOST MONEY OVER THE NEXT 10 YEARS

• The Atlantique influences the weather and

challenging surfing conditions in Europe;

tempers the summer heat on the coast to an

numerous tranquil lagoons or river beaches;

average of 27 to 28°C

secluded mountain walks as well as a rich

• Portugal is one of the safest places in the

selection of culture and night life.

world with Lisbon recently voted the safest

• The Portuguese more than justify their

city in the EU

reputation as being one of the most friendly

• Three international airports serve mainland

and helpful people in Europe

Portugal, Lisbon, Faro and Porto with flight

• Portugal is a high income mixed economy.

times from London approximately 2.5 hours

The global financial crisis of 2008 resulted

• Portugal is renowned for its leisure facilities

in a property crash that is only now in 2014

particularly, but certainly not exclusively,

started increasing. Now is the time to gain

for golfers. Outstanding riding facilities set

real discounts in property.

in lavish countryside; some of the most

17


LISBON PROPERTY: A GUIDE BY AREA PRIME VALUES 2016 AND OUR SITE LOCATIONS

VALUES ¤/SQM 2016 Almada

Zone 6 Two sites Q 1,2,3

Zone 3 Two sites Q 1,2,3

Zone 5 Two sites Q 1,2,3

Zone 7 Two sites Q 1,2,3 Zone 2 Two sites Q 1,2,3

18

€¤7,000-¤12,000

1

Chiado / Santo Catarino

¤6,000-¤9,500

2

Prinicipe Real / Såo Bento

¤5,500-¤6,500

3

Lapa/Estrela

¤3,500-¤6,000

4

Campo de Ourique / Amoreiras

¤6,000-¤10,500

5

Avienda da Liberdade

¤3,500-¤7,000

6

Avenidas Novas

3,500-¤7,000

7

Colina de Santana

¤4,500-¤7,000

8

Zona historica

¤4,500-¤6,000

9

Zona Ribeirnha

¤4,000-¤6,500

10

Restelo / Belem

¤4,000-¤5,500

11

Parque das Naoces

¤4,000-¤9,000

12

Costa Caparica

Caparica Costa da Caprica Zone 12 Resort Coast South Beach, Caparica Q 2,3

Amora

QUALIFYING INVESTMENTS AND RESIDENCIES 1. GOLDEN VISA INVESTOR DEVELOPMENT: ¤350,000 2. GOLDEN VISA RESIDENCY: ¤500,000 3. NON HABITUAL TAX

For further information please call: +44 1792 469869 or visit www.goldenvisa.company or www.tangible.company


LISBON RESIDENTIAL MARKET TARGETED AREAS

3

LAPA/ESTRELA

• It is considered one of the best residential areas in Lisbon associated with an image of prestige and ‘social status.’ • It is a neighbourhood sought mainly for the Lisbon upper classes as well as some foreigners working in Portugal. • Characterised by the presence of many Embassies, mansions and luxury projects many of them with a view to the river and the city.

5

AVENIDA DA LIBERDADE

• It is the Lisbon Central Business District, where financial institutions and multinationals are located. It is also the privileged area of luxury shopping and where the major 5 star hotels are located. • It is one of the zones with the highest demand for foreign investors, namely Brazilians, French and Chinese, due to its centrality, prestige, and the proximity to the luxury retail offer.

• We have targeted this area and have sourced outstanding property development sites.

TARGET: International investors and families/senior-upper class private use/leasing.

TARGET: National-families/senior upper-class-private use/leasing.

PRIME VALUE: ¤6,000 - ¤10,500

6

AVENIDAS NOVAS

• It is one of the biggest and consolidated residential zones in Lisbon, well served for commerce and services. • It is divided into several neighbourhoods ✓ Bairro Azul, close to El Corte Ingles and Gulbenkian. ✓ Saldanha/Avenida de Republica, which is characterized by a combination of residential areas and offices. ✓ Alvalade/Avenida de Roma, residential areas with a typical neighbourhood life. TARGET: National families/senior- medium /medium-high class - private use/leasing. PRIME VALUE: ¤3,500 - ¤7,000

PRIME VALUE: ¤5500 - ¤6500

19


LISBON RESIDENTIAL MARKET TARGETED AREAS

WE EXTENSIVELY STUDY THE PROPERTY MARKET TRENDS TO ENSURE THAT WE BUY IN THE NEXT HOT MARKETS WHERE THERE IS VALUE

20

For further information please call: +44 1792 469869 or visit www.goldenvisa.company or www.tangible.company


LISBON RESIDENTIAL MARKET TARGETED AREAS

OTHER AREAS

1 CHIADO / SANTO CATARINO • Historic old town with museums and restaurants. Several refurbished buildings with prices reaching ¤12,000 per metre.

2 PRINICIPE REAL / SÅO BENTO • Characterized by many mansions and palaces. With the growing demand. Many buildings have been refurbished .

4 CAMPO DE OURIQUE/AMOREIRAS

• Buildings are old and never more than four stories high in this centrally located area.

7

COLINA DE SANTANA

12

8 HISTORICAL COSTA CAPARICA

• Located in the heart of Lisbon, it has a considerable potential for the residential market and it should be one of the next zones to be refurbished.

• The resort town of Costa da Caparica is popular as the beach offers a continuous 30km stretch of golden sands with waves that are ideal for surfing.

• It includes one of the most multicultural neighbourhoods in Lisbon - Mourana, with its narrow streets across the slopes of the Castle, that have been the target of several urban rehabilitation projects.

• We have secured an option to develop a a beach front resort with unrestricted, incredible views of the glorious coastline only minutes for the city centre.

TARGET: National-families/senior medium-class private use/leasing/short term.

TARGET: International and national families, upper/middle class. Combines private use and holiday homes.

PRIME VALUE: ¤3,500 - ¤7,000

PRIME VALUE: ¤4,000 - ¤9,000

• Daily visited by tourists from around the world, it stretches from downtown to Alfama and the castle. Popular with short-term rentals.

9 RIBEIRNHA • Very centrally located and popular with the young, attracting short term rentals supported by an excellent public transport system.

10 RESTELO / BELEMO • Close to the embassies and home to a number of colleges, It is the home of many large mansions. Popular with tourists visiting the magnificent gardens.

11 PARQUE DAS NAOCES • The home of modern architecture, built in the late 1990’s offering a new town feel in office and living areas.

21


FAQ’S YOUR QUESTIONS ANSWERED ABOUT YOUR GOLDEN VISA APPLICATION

WHAT ARE THE COSTS INVOLVED IN

ARE THERE ANY GENERAL

WHAT DOCUMENTS DO I NEED

THE GOLDEN PASSPORT APPLICATION?

REQUIREMENTS I NEED TO COMPLY WITH?

TO APPLY FOR MY GOLDEN PASSPORT?

Administrative, legal and taxation fees for

As well as the specific requirements for

• Proof of Investment

the applicant are payable to the company

each type of qualifying investment, all

• Passport & Valid Schengen Visa

at ¤50,000 per applicant plus ¤5,000 per

investors have to comply with the following

• Portuguese Fiscal number

additional family member on the same

general requirements:

• Criminal Record from country of residency

application.

• Portuguese Criminal Record Keep the investment for a minimum period

• Declaration from the Tax Department

Rental Management fee of 10% and 5%

of 5 years. Funds for investment should

proving the absence of debts to the

annual contract fee, plus legal fees. Sales

come from abroad. Entry in Portugal with a

Tax Authorities

commission 7.5%, plus legal fees. Other

valid Schengen visa. Absence of references

• Declaration from Social Security proving

services, furniture, specialist tax advice or

in the Portuguese Immigration and the

the absence of debts to Social Security

other POA.

Schengen services

Authorities • Declaration from the investor confirming

22

For full detailed costing of fees, please visit

Minimum stay in Portugal: 7 (seven) days

compliance with the investment requirements

our website or request an information pack.

during the first year and 14 (fourteen) days

• Health Insurance valid in Portugal

during each subsequent period of two years.

• 2 passport-type pictures

For further information please call: +44 1792 469869 or visit www.goldenvisa.company or www.tangible.company


INVESTMENT EXAMPLE INCOME GROWTH OVER 5 YEARS

EXAMPLE: TWO BEDROOM 80 SQM APARTMENT IN LISBON

cost: ¤350,000 YEAR

1&2

ACQUISITION & REFURBISHMENT

NOTES: • ¤350,000 equal to Golden Visa

¤440,000

minimum investment for urban regeneration acquisition

YEAR

1&2 YEAR

3

YEAR

4

YEAR

5

PROPERTY DEVELOPMENT COMPLETE PROPERTY VALUE & RENTAL INCOME PROPERTY VALUE & RENTAL INCOME PROPERTY VALUE & RENTAL INCOME

¤484,000

• Golden Visa applicants must keep the property for five years to

Value = ¤560,000. Rental income = ¤24,640

total: ¤584,640

maintain residency • All investors must keep the property for two years during the

Value = ¤600,000 Rental income = ¤26,400

total: ¤626,400

build & development period • Rental yields of 5.5% are for 2015

Value = ¤640,000 Rental income = ¤28,160

total: ¤668,160

from the Government Department of Statistics published March 2016

23


GOLDEN VISA PORTUGAL A GOLDEN INVESTMENT & LIFESTYLE OPPORTUNITY

For further information please call: +44 1792 469869 visit: www.goldenvisa.company visit: www.tangible.company

Golden Visa Portugal Brochure 2016  

Investment brochure for the Portuguese residential market. Design & Art Direction.

Golden Visa Portugal Brochure 2016  

Investment brochure for the Portuguese residential market. Design & Art Direction.

Advertisement