LONDON, April 3, 2013 /PRNewswire-iReach/ -- The current financial crisis in Portugal is creating many attractive investment opportunities, especially in real estate and in unlisted companies. Besides, the Portuguese government has created several investment incentives and is currently revising the corporation tax regime, having announced that its intention is to turn Portugal into the most competitive member state of the European Union on this front.
Among measures aimed at attracting individual investors, the Government has created a special regime called "non habitual resident" status, which essentially grants a virtually tax-free status for at least 10 years to previously non-resident investors, entrepreneurs, professionals and pensioners, without there being a minimum stay requirement. Furthermore, the so-called "Golden Visa" allows a non-EU individual (together with his family) who invests at least EUR 0.5m in the country to obtain free circulation within the Schengen Space's 25 European countries.
Further to requests from various interested parties, Belion Partners has published a new guide to investing in Portugal, which provides a comprehensive overview of the conditions facing prospective investors in this country. It is an objective snapshot of conditions as at January 2013, which avoids the "rosy picture" perspective that is prevalent among such guides. Over 50 pages provide essential and concise information on the country's competitive advantages and disadvantages, the most promising sectors, the legal and institutional framework, the taxation of business and individuals, the government's incentives to investors, the labour market, the quality of life and cost of living, and more.
The guide can be freely obtained through the Belion Partners website on www.belionpartners.com.
Belion Partners is a leading investment management boutique specialising in Portugal. Besides advising clients on how to best structure investments in Portuguese property or businesses, the firm partners with them for the management of their investments and accepts direct responsibility for the success of their investment projects, being rewarded on a contingency basis. The firm provides fiduciary company services, spanning the planning, implementation and maintenance of the most adequate corporate structure for the intended investment, including registration, domiciliation, accounting, regulatory compliance and local directors, as needed by the client. Its investment management services include deal sourcing, valuation, due diligence and negotiation; the management of real property and the monitoring of the performance of investee management teams; and, when appropriate, the management of the exit process, as needed by the client.
It is a partnership of high-calibre executives and professionals who, unlike most consultants, have a vast, hands-on, experience as business leaders. As C-level managers of major corporations, business owners or top legal, financial and other professionals, besides the expertise that comes only with experience, the partners have excellent connections at the highest levels of government and business, which are often invaluable to clients.
Besides the guide to investing in Portugal, Belion Partners regularly publishes articles on themes that may be of interest to investors in Portugal, the most recent of which are: How to structure a rental real estate investment in Portugal, The "Golden Visa": how to obtain EU-resident status for an investment of as little as €0.5 m in Portugal and possibly live (almost) tax-free and "Non habitual resident" status: move to sunny Portugal and you may pay little or no tax!
Diogo Viana, Belion Partners LLP, +44 203 004 8972, email@example.com
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SOURCE Belion Partners LLP