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 country from abroad, the amount will essentially be tax-free. This factor has especially made Golden triangle properties popular among people retiring.

People coming to Portugal and becoming a resident there will additionally be able to pass their wealth without needing to pay any gift or inheritance taxes. This is among the core factors that have made Golden Triangle a highly desirable place for people wanting to retire abroad, as well as the ones looking for holiday homes and investment opportunities. There are several villas with private pool here that shall be perfect for holiday homes.

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