Reasons Why Foreign Investors Are Attracted To Golden Triangle Properties In Portugal
Over the last few decades, a host of foreign property investors have been flocking the Golden triangle area of Portugal. This is largely due to the host of benefits offered to them by the Portuguese government, as well as the lavish property options in the region. One can easily find a luxurious contemporary house with a price point much lower than many of the other posh parts of Europe. There are several incredible deals made available to foreign investors and overseas residents, when it comes to living in and paying tax in Portugal. The non-habitual resident (NHR) scheme of the country provides specialized tax benefits to new arrivals for up to a decade. This scheme was introduced in the year of 2009 with the aim of magnetizing more people to Portugal by providing them with exceptional financial incentives for becoming a resident. A person coming from overseas easily gets to live here with a low-income tax rate. Moreover, if they receive investment or pension income in the co...