Residency: Buy Property In Portugal And Get

After 5 years of residency, you can apply for a passport.

Requires a minimum investment (typically €280k to €500k). Allows residency with only 7 days/year stay. Buy a home to live in. Show recurring income (pension, dividends, rental). Must live in Portugal for 6+ months per year. Digital Nomad Visa (D8): Buy property as a home base. Prove remote employment/freelance income. 📝 The Buying Process Get a NIF: Your Portuguese tax identification number. Open a Bank Account: Essential for transferring funds. Find a Property: Use portals like Idealista or Kyero . buy property in portugal and get residency

Finalize the sale at a notary office. 💰 Costs to Remember IMT Tax: Property transfer tax (up to 8%). Stamp Duty: Fixed at 0.8%. Notary Fees: Usually around €1,000–€2,000. Legal Fees: Expect 1% to 2% of the price. 💡 Expert Tips Hire a Lawyer: Never use the seller’s lawyer. After 5 years of residency, you can apply for a passport

Lisbon and Porto are high-demand but expensive. Buy a home to live in

Still valid for or tourism-licensed units.

Ensure the property is legal for habitation.

Secure the deal with a deposit (usually 10%).