Portugal Property Guides portugal@propertyguides.com If this is not you, and you’re planning to retire to Portugal in the future, then you may have to apply for a visa. Undoubtedly, retiring to Malta before Brexit would be a lot easier, but even after Brexit, there will still be many benefits to living on the Mediterranean island. Get your free copy of the Portugal Buying Guide, 7 things you need to know when house hunting in Portugal, The 5 healthiest places to live in Portugal, Algarve: where to buy for coast AND countryside, Investing in Portugal: your questions answered, Why international buyers love the Western Algarve, Portugal’s Golden Visa: invest your way to residency, GHIC: Your post-Brexit healthcare in Portugal. If you can prove you have been legally living in Portugal prior to 31 December 2020, you will be protected by the Withdrawal Agreement and will not need to apply for a visa. The Portuguese government allows those who buy a property worth €500,000 or more to obtain a five year residence permit. For example, if you have a rental property in the UK – or are employed outside of Portugal – you can avoid tax completely on this income. You should apply for the D7 visa in the UK, and the residency once in Portugal. Even now Briton has left the EU, you can still travel to Portugal for up to 90 days in any six-month period. Retiring to Europe guidebook 020 7898 0549 All Rights Reserved.Property Guides names, logos, and brands are wholly owned by The Overseas Guides Company Limited. If you’re an EU citizen retiring in Portugal, you can access the SNS. In order to qualify for the Golden Visa you must make an investment in Portugal. This category only includes cookies that ensures basic functionalities and security features of the website. Registered in England No. They must do so before 30 th June 2021 to qualify and must be … This website uses cookies to improve your experience while you navigate through the website. For example, if you have a rental property in the UK – or are employed outside of Portugal – you can avoid tax completely on this income. Post Brexit retirement in Spain You will still be able to retire to Spain after Brexit, regardless of what the final situation looks like. France issued a Brexit decree guaranteeing a one-year transition period beginning on the day after Brexit, but only a 6-month window to apply for permanent residence under a constitutive scheme. Assuming, a worst case scenario, retiring to Spain post Brexit would mean having to apply to reside there without permission to work. I’m not sure if it’s clear yet if there are any special arrangements for UK citizens who want to move to Portugal as it’s still quite early. Latest travel advice for Portugal, including how to stay safe during the coronavirus (COVID-19) pandemic and information on returning to the UK. Find out more about the different types of visa below, and you can also take a look at the Portuguese Consulate in London website. In shops you’ll see prices listed with the symbol €. Once you arrive in Portugal, just give the S1 form to your local SNS office. One of the most common ways of doing this is buying a Portuguese property – generally around €500k or more. To become a resident in Portugal you will need to obtain a visa. There are several options available to you depending on your reasons for moving to Portugal and your financial situation. It’s available to anyone who is setting up a small or medium sized business in Portugal (or who already owns a business in Portugal but is not yet a resident). Depending on which new publications you read, you would be forgiven to thinking that The Portugal Buying Guide is designed to support you through each stage of buying property in Portugal, providing relevant, up-to-date information and tips from Portugal property experts and expats who have been through the process themselves. 05586029. With the D7 visa, you will have 120 days to sort everything out in Portugal, such as finding a place to live. If you are looking to retire in Portugal, you can benefit from just 10% tax on your pension. To acquire Portugal residency as a UK citizen after Brexit, you’ll need to look at Portugal’s immigration programs. Portugal offers a Golden Visa program, which enables non-EU citizens to acquire legal residency in the country in exchange for an investment. Retiring to Portugal post-Brexit If you’ve been living in Portugal prior to 31st December 2020 and you can prove it, then — happy days — you will not need to apply for a visa as you’re protected under the withdrawal agreement. Portugal is an increasingly popular retirement destination in large part because of its After five years, you can apply for permanent residency. These cookies do not store any personal information. After 31 December, the UK will no longer be treated as part of the EU, so becomes subject to these rules, which apply to those of us wishing to go to Europe and go cruising after Brexit has happened. If you’re planning to move to Portugal after Brexit you’ll need to know about the new requirements for becoming a Portuguese resident. Britons must apply for special residency permits stating they are protected by the terms of … So, it’s finally happened. Find out more about applying for this visa and watch a short video here. Any cookies that may not be particularly necessary for the website to function and is used specifically to collect user personal data via analytics, ads, other embedded contents are termed as non-necessary cookies. UK citizens looking to travel to Portugal after Brexit British tourists coming to Portugal will still be very much welcomed and apparently prioritised. The Non-Habitual Residency (NHR) is an appealing way to move, or retire, to Portugal after Brexit. Moving to Portugal Post-Brexit | Healthcare, Find out more about healthcare and how to register for it here, https://imigrante.sef.pt/en/solicitar/residir/, https://www.gov.uk/guidance/living-in-portugal, https://vistos.mne.gov.pt/pt/vistos-nacionais/documentacao-instrutoria/residencia, https://imigrante.sef.pt/en/solicitar/trabalhar/, https://manchester.consuladoportugal.mne.gov.pt/en/, https://londres.embaixadaportugal.mne.gov.pt/en/consular-services/general-information, https://www.gov.uk/foreign-travel-advice/portugal, Advice from the UK government on living in Portugal. As your purchase is coming up soon, you are eligible for a free consultation with our property experts. Here are This is highly desirable as the usual Portuguese income tax is rather high, ranging from 14.5% to 48%. Be aware that you have to spend at least 183 days in Portugal. Brexit Portugal. UK citizens who were lawfully settled in Portugal before the end of the transition period can continue with their residence in Portugal or register for residence if they have not already done so. Of course, after Brexit it will still be possible to acquire residency, visas and permits to remain in Portugal. This article discusses the D7 in a little more depth: It’s worth noting that this time limitation applies to all EU member states – which means that if you were to visit another country for 30 days you would only be able to spend 60 days in Portugal within that same 180 day period. However, you should exchange your EU resident document for a new biometric card. What’s more, you only have to spend seven days a year in Portugal to be eligible for this form of residency – making it an ideal and flexible solution for those wanting to spend their time in multiple countries! Residency and registration for UK citizens. So a lot of us would still like to migrate to the sun. This has left many of us with questions. However, we can expect this to be much less straightforward than today, so … Living in Europe after Brexit. © Copyright 2021 Property Guides. Find the latest foriegn travel advice here. Anyone who is a registered Portuguese resident can access healthcare using the Portuguese national health service. Portugal is part of the eurozone, so when you’re there you’ll use the euro. Necessary cookies are absolutely essential for the website to function properly. The NHR scheme allows for most foreign income to be exempt from Portuguese taxation for ten years. Be sure that when this happens, Spain will shortly follow as the commercial and financial damage to both countries coastal economys is colosal. Will my expat rights stay the same? UK citizens no longer have an automatic right to live in Portugal, but the good news is that Portugal has some of the most attainable residency requirements of any EU country. To do that, you’ll need an S1 form from the healthcare provider in your home country. But opting out of some of these cookies may affect your browsing experience. The visa application(s) must be made before you leave for Spain, from the Spanish Consulates in the UK (London, Manchester & Edinburgh) and the application takes 30-90 days to be approved and is … Since Great Britain voted to leave the EU there have been concerns about the Brexit effect on Portugal, particularly buying a property in Portugal after Brexit. You may be eligible to obtain residency via the D6 Family Reunification scheme. The eligibility to Portuguese citizenship (and dual nationality) after a mere 5 years of being a resident, provided a language test of "basic Portuguese" is passed Moving to Portugal during the Transition Period After 31 January 2020 there will be a transition period until the end of 2020, while the UK and EU negotiate additional arrangements. You can qualify for this scheme if you have not been a resident in the country within the last five years. You can also include dependents on this visa. Find out more about healthcare and how to register for it here. Once you've lived in Portugal for five years, you'll be entitled to permanent residence status, and after six years, you can apply for Portuguese citizenship (as long as you've learned Portuguese). The D7 is a popular option for those that have their own income, especially a regular and ideally passive income such as income for rental properties, pension, etc. Many Britons still see a future in Spain – whether it’s to retire, or use a property as an investment and holiday home. This visa is also known as the ‘retirement’ and ‘passive income’ visa. All other areas of Portugal will still be covered. Since Portugal allows dual citizenship, you can retain your British passport while becoming an EU citizen again. Then, you are able to apply for the D7 Residence Permit, which is valid for one or two year blocks. 1 Lyric Square, Hammersmith, London, W6 0NB. Details surrounding the needs for visas are still unclear and I am sure will be affected by the “Deal” or “No Deal” situation. It’s also important to bear in mind that not all healthcare is free of charge (even to the Spanish) and that post-Brexit, over-65s will not retain right to access the NHS if they return to the UK. The deal has been done and the UK has officially left the European Union. Out of these, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. Luckily, Portugal has said it will have a reasonably relaxed process for Brits to gain residency, due to the long-standing relationship between the two countries. If you are looking to retire in Portugal after Brexit, you may be eligible for a very attractive tax regime. Article, Buying, News. If you’re planning to move to Portugal after Brexit you’ll need to know about the new requirements for becoming a Portuguese resident. Portugalis set to see "floods" of Britons looking to relocate to the nation this year after Brexit. Take-off time for property trips to Portugal? Brexit is raising all sorts of questions for the ten per cent of British people considering retiring abroad. The D7 is arguably the most accessible visa – it’s available to anyone with a regular, preferably passive, income that is equal to or more than the Portuguese minimum wage (which is €700 per month). One expert says that successful retirement will be possible whatever happens in the Brexit negotiations, you just need to prepare properly. The Portuguese Ministry of Foreign affairs website: Guidance on applying for residency in Portugal as a worker. For Britons wanting to move in the future, here’s what you need to know about living in Portugal after Brexit. In the currency exchange market it’s written as EUR. Check our infographic for a download and keep version! Read his ten step plan. Our European Emigration Advisory Service has produced a series of guides to provide an overview of the post-Brexit visa and residency permits for non-working or retired UK citizens moving to Spain, France or Portugal (Cyprus and Malta guides coming soon). It is therefore key to sort out residency to confirm you were already resident in the EU country you live in before 31 December 2020. Browse and download our residency guides. The Non-Habitual Residency (NHR) is an appealing way to move, or retire, to Portugal after Brexit. A degree of certainty once Brexit has occurred. So, if you are planning on buying a property in these areas this year, now is definitely the time to do so to make use of the Golden Visa Scheme! Portugal is a popular destination for UK tourists, but many UK travellers are uncertain about how travelling there might change after Brexit. UK citizens no longer have an automatic right to live in Portugal, but the good news is that Portugal has some of the … The scheme will not cover properties bought in Lisbon, Porto, the Algarve and some coastal locations. It is mandatory to procure user consent prior to running these cookies on your website. Let us know a good time to contact you. These cookies will be stored in your browser only with your consent. There are no restrictions on the type of business, but you will need to provide proof of your business’ viability and evidence of start-up capital of €5,000. Of course, it will perhaps come with a few less benefits. It is therefore advisable to start the residency process as soon as possible. Under Portugal’s retirement residency law, non-EU citizens who want to retire to Portugal must apply for a residence permit at a Portuguese consular office in their home country before relocating to Portugal. 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