@Pauln71 10 ай бұрын
Portugal needs immigrants that will actually contribute and live in the country. They do not need real estate speculators
@d-tech5338 10 ай бұрын
You would think so, yes. But they make it very unattractive with some of the highest income taxes in the entire EU.
@Pauln71 10 ай бұрын
@@keepcreationprocess You are welcome
@belimitlessss 10 ай бұрын
Have fun staying poor
@Pauln71 10 ай бұрын
@@belimitlessss Actually I'm not poor I own property in three counties in the United States. However, I am respectful of others including foreign countries and their people . Maybe you should try it sometime.
@belimitlessss 10 ай бұрын
@@keepcreationprocess strangers bringing money to the country makes people poor? Sure, totally makes sense 🤡
@majortom8047 10 ай бұрын
We researched Portugal (and others) but didn't move there. Something seemed off. We selected Mexico. It works for us, and we love living here.
@johnkla7866 10 ай бұрын
Different levels of crime. To each his own.
@donh5794 10 ай бұрын
What did you see in Mexico that was better?
@lovethemountains 10 ай бұрын
@@johnkla7866 Merida is just as safe as Portugal.
@johnkla7866 10 ай бұрын
@@lovethemountains As someone who's lived in Mexico for 2 years, there's no need to have barbs in front of windows in Portugal. Just saying...
@Jacob-tp3sw 3 күн бұрын
same here, almost everything was a scam
@editecosta8998 8 ай бұрын
Portugal is very small; you can travel from north to south in about 4 hours. Investments can be made anywhere in the country, with more benefits in the interior due to the saturated capital. As one of the most beautiful countries with unique growth potential.
@OzziesRobots 10 ай бұрын
Just returned from Lisbon , they don’t allow purchase in Lisbon to qualify , they try & push you to the interior of the country now where no one wants to go
@microfarming8583 10 ай бұрын
Exactly. Not Porto or Algarve either
@paws4thought449 10 ай бұрын
I’m in Lisbon now, it’s way too congested for me. I’m looking at the nearby golf resorts instead. Algarve is too hot for me in summer I only go there in winter
@OzziesRobots 10 ай бұрын
@@microfarming8583 what sucks is that the locals weren’t investing in these cities & once the foreigners came in & created interest the locals started crying the prices got too high That’s what killed the golden visa
@DHARMIK_M 10 ай бұрын
it doesnt matter for someone who just need visa
@luisbarbosa8136 10 ай бұрын
@@OzziesRobots ya, but that´s not completly true, the problems with real estate in Portugal, has become long before the Golden visa.. but only now starts to hurt!! Portugal by kiking of the golden visa for real estate is not going to much thing for the portuguese people.. the true problem is a lot of demand and little supply.. to much taxes (28% for a rent) and even more taxes to keep the house.. to much regulations, Portugal is the Country in UE that has more regulations in Real Estate (is a fact).. I know because I am a portuguese real estate investor, in Portugal!! although, I would like more Americans, entrepreneurs and investors here in Portugal.. this country real needs this kind of people
@addysaw 10 ай бұрын
Never thought I'd see a time where US Americans wanna emigrate so badly
@richmondnazman 9 ай бұрын
Make AMERICA great again...😄
@SandStormXII 8 ай бұрын
The ship is sinking
@pcpolice2314 6 ай бұрын
its just the losers
@ericsmith3996 3 ай бұрын
Only magtards will be left
@laydownlays 10 ай бұрын
I've just applied for my Irish citizenship and , therefore, passport. Being a Brit, having an EU passport is useful
@nomadcapitalist 10 ай бұрын
Great decision!
@yosefzentino2268 Ай бұрын
Good for you 👍
@gavnonadoroge3092 10 ай бұрын
thats the problem with any country, laws can change on any given day
@nomadcapitalist 10 ай бұрын
All the more reason to get in early so the changes don't effect you.
@jamalgreen3056 10 ай бұрын
The point of Portugal changing there golden visa is so foreigners will have to contribute in some kind of way to there economy
@Xenthoid 10 ай бұрын
They were.. via real estate..
@jamalgreen3056 10 ай бұрын
@@Xenthoid no they want u to contribute in other ways in a more direct way u can contribute through real estate but that in an indirect way because citizens maybe able to benefit off of it they may not
@RyanLackey 10 ай бұрын
Upside of real estate as a US citizen is it's not reportable, unlike funds.
@Kate-fn8rj 10 ай бұрын
Can you please expand?
@incognitomontoya1131 10 ай бұрын
Whats up, my dude! Thanks to you and your team for all the videos.
@nomadcapitalist 10 ай бұрын
Thanks for watching!
@LoveLearningInDorset 10 ай бұрын
Hello, could you give your take on " Expression of Interest" as option to apply for NHR for those who intend to move over imminently but do not wish to miss the NHR boat, many thanks 😊
@TheCherelynnShow 10 ай бұрын
Interesting concept, the golden visa. Thanks for opening my eyes to the possibility.
@nomadcapitalist 10 ай бұрын
Glad it was helpful!
@paulsondj 10 ай бұрын
Without the nhr, Portugal is out for me.
@paws4thought449 10 ай бұрын
You don’t need to become tax resident with a golden visa
@CharlesDarwish-ms3tt 10 ай бұрын
Another business opportunity uncovered... Wish I was into it long ago.
@LoganFyock 10 ай бұрын
Please, unveil sir
@josefernandes8426 10 ай бұрын
Looking for properties in the south region Alentejo. Specialy in the interior like Évora and surroundings. Demand is higher than the offer so the real estate value keeps going up. The country is quite small and the distance to the coast is a short drive. The are plenty of funds to aplly and to Invest in tourism business.
@Snakebloke 10 ай бұрын
The Golden Visa is 'back' but the taxes are much higher, no?
@pures1n 10 ай бұрын
The golden visa has nothing to do w/ the NHR tax scheme. They are different. NHR had worth from the PM that they plan to "END" it. Who knows what that means. They said the same about Golden Visa. Typical politician talk.
@pedrosoaresmendes 10 ай бұрын
Portugal its not comunist. Its unfair foreign having best taxes that us that make the country grow and have the peacefull country we have and supposedly you like. The true its that the foreign really had impact on our habitation problem. The right wing also dont like foreign to come if that breaks our poor economy. You can just make a search on youtube do see how much houses were bought by them and they are not to permanent residence. The problem is that you only came to Portugal because of that low fees and low prices and now we, the portuguese, are paying the costs of that stupid and unfair rule. We born here, we allways were here on the bad times and help make the turn and now you want to benefit with that efort at low taxes.
@isportugal4k 10 ай бұрын
Portugal is a Communist/socialist country with the highest taxes in Europe. The housing problem is aggravated by all the restrictions made by the Gov, and it will get worse in 2024! There are studies that show that only a small % of houses were bought by foreigners.
@joaoportugal8618 10 ай бұрын
Socialism is the path to communism (Robert Kiyosaki)
@pedrosoaresmendes 10 ай бұрын
🤣🤣🤣🤣🤣@@joaoportugal8618
@MasterRicas 4 күн бұрын
"Its unfair foreign having best taxes that us that make the country grow and have the peacefull country we have and supposedly you like" Who made this? Socialist, why, because they know that the locals have no option. Price housing are growing for people buying properties over 500,000? House problemas are rising because the huge immigration of poor people, that live 4 in one bedroom. In Arroios, prices are going up.... and almost no white foreigns are there.... all from indostão....
@Tee55118 10 ай бұрын
Yeah, so apparently Portgual has a vibrant democracy which continually tinkers with and tweaks its residency and tax structures. So, factor in that risk of a vibrant democracy when you assess whether Portugal is a safe harbor for you or your assets.
@RicardoSilva-hk2er 10 ай бұрын
just...lol
@twig3288 10 ай бұрын
Hop on a boat from Calais then rendezvous with the RNLI lifeboat mid English Channel. They will transport you to a pick-up point in southern England where you will be provided with free hotel transfer to a free hotel where you will be entitled to free healthcare, free Wi-Fi, spending cash and full board while your asylum application is being approved.
@harryharry9602 10 ай бұрын
That picture in the back, though! 😉
@orlandosanchez3605 10 ай бұрын
Can you please, inquire into the new law that the Argentinian senate is trying to get approved about eliminating the income tax for its formal workers? I wonder if this applies to residents as well?
@Karl__Pierre 10 ай бұрын
10 jobs for what duration?
@shafiqytube 6 ай бұрын
Would love to consider....
@harryfey950 10 ай бұрын
Love your show you area great entrepreneur 👍
@nomadcapitalist 10 ай бұрын
Thanks! Glad you think so.
@aurorajones8481 10 ай бұрын
Do you think Portugal would enjoy having a property renovation company who would come in and bring up to spec low condition properties? 🤔
@TrentGustus 10 ай бұрын
@PatRisbergthe real estate industry doesn't set prices.. prices are set by the demand for housing. Government policy, numbers of building permits, building regulations set prices.
@robbinhinson3271 10 ай бұрын
They need such companies desperately, although moving forward there might not be as high a demand as before ( because of scraping the NHR )...I just bought a ruin there and am currently building, ...if the government was smart they would offer some kind of program for renovation of properties falling apart / rural areas...to kind of help refurbish the landscape but offer the properties first to Portugese in all fairness then others can buy ( like France does I believe ) .
@krocodilo6511 10 ай бұрын
Yes!!!! there are too many low condition empty homes
@TrentGustus 10 ай бұрын
@PatRisberg whaaaat? It's real simple, the seller always wants the highest price they can get, the agent wants a commission, the agent would prefer to list low to encourage either multiple offers or a faster sale closer to asking price, it all comes down to the previous sale prices as a comparison. But always, the buyers dictate the price..doesn't matter what the seller asks, if there is few buyers, then the price drops... if there's more buyers the price goes up... have you ever been a seller?
@gugy68 10 ай бұрын
Maybe because I’m Brazilian, living in Portugal doesn’t apeasse me. It’s nice but boring, too slow. Good food, safe and nice weather but still. I don’t know. Desculpe Portuguesada. Grande abraço.
@Denver_____ 10 ай бұрын
Lol, it’s true, went there for a week to Lisbon to try it out, to see if I wanted to move there since it’s cheap. I was bored by the 2nd day. I would assume if you’re in your late 50s, or a boomer, I guess it’s ok. Would not move there, visit once and done
@jo-shi8759 10 ай бұрын
I did a Eurotip last month Switzerland, France, Spain, Portugal with Portugal being my least favorite and Switzerland being my favorite. Maybe because I only spent a weekend in Porto, but is Lisbon worth it? I also met many Portuguese complaining about Portugal wanting to leave
@ssuwandi3240 10 ай бұрын
What happened in Porto stayed in Porto. Don't be a salty foreigner.. tons can be said on your favelas.
@sallygoldfinger 10 ай бұрын
@@Denver_____ What was boring in your opinion? What did you feel Portugal was lacking that you missed?
@suzanaolivier1108 10 ай бұрын
Sooo conservative, cant live within Portugals little box
@neoarmour 10 ай бұрын
Just applied for Portuguese citizenship through decent. Might just use it to live somewhere more tax friendly.
@RowanEl 10 ай бұрын
how is portugal's and spain's construction trades companies? anyone have insight on small construction companies doing well?
@Coatsey007 10 ай бұрын
My initial thoughts, the Golden Visa is closed, regardless of the name of the visa. People with this amount of money will choose other options. Let's see how many apply v's previously. It sounds like it works for Portugal but not for the person looking for this type of visa. Just my humble opinion.
@custompetnft 8 ай бұрын
It still shows investment in property
@jpfitzgerald4840 10 ай бұрын
Great channel thank you.
@nomadcapitalist 10 ай бұрын
Thank you!
@serenaskaf9166 10 ай бұрын
I just saw online that you can still invest in real estate for 500,000?
@editecosta8998 8 ай бұрын
Capital Transfer: Choose from the following options: - Invest EUR 500,000 in investment or venture capital funds dedicated to capitalizing Portuguese companies, with a maturity of at least five years, where 60% of the portfolio is in national companies. - Allocate EUR 500,000 for research in entities within the national scientific and technological system. - Invest EUR 400,000 in a low population density area. - Contribute EUR 250,000 to support artistic production or the preservation of national cultural heritage. - Invest EUR 200,000 in a low population density area. Business: Select one of the following: - Create a minimum of ten new jobs. - Generate eight new jobs in a low population density area. - Invest EUR 500,000 to establish a commercial company in Portugal, creating at least five permanent jobs for three years, or increase the share capital of an existing Portuguese company, generating a minimum of five permanent jobs or maintaining at least ten jobs for three years. *A low population density area has fewer than 100 inhabitants per km² or a GDP per capita below 75% of the national average.
@paws4thought449 10 ай бұрын
They have just killed the NHR special tax regime so you really do not want to be tax resident there. Luckily with golden visa it seems you don’t have to be
@mauricecoelho3846 3 ай бұрын
I have great grand parents on both my mother and fathers side from Portugal my great grandfather also served in the Portuguese military …. When I went to the Portuguese embassy in my country to see if I can claim citizenship, they told me it only applies up to second generation I.E. up to my grand father …. Is this correct? Also both my parents are now deceased …please advise
@nomadcapitalist 3 ай бұрын
To determine your eligibility for citizenship by descent, you can use the CBD Eligibility Checker on our website. If you have any specific questions or need personalized assistance, feel free to reach out to our team directly. We're here to help! nomadcapitalist.com/products/citizenship-by-descent/
@mattanderson6672 10 ай бұрын
Brilliant , thanks Andrew !!
@nomadcapitalist 10 ай бұрын
Thanks for watching!
@appletreel6487 10 ай бұрын
Portugal was beautiful, but learning new language is a different story…
@user-ql4ud9zr7m 10 ай бұрын
Why? Painful? To get a2?
@densisforconsulting 10 ай бұрын
In Portugal all kids begin to learn english from 5 grade to 12 grade (8 years). This happens since 1976. You can speach or in Portuguese or in English. Everyone understands you.
@user-sp9om6ff3g 10 ай бұрын
@@densisforconsulting not true
@MrBsozen 10 ай бұрын
Why don’t you make a video for crypto business or crypto people?
@Mr_T_a4m 10 ай бұрын
This is needed.
@paulineverriere8054 10 ай бұрын
Thank you…
@CarolinaZ501 10 ай бұрын
True.
@scottbecker3485 9 ай бұрын
I‘m not looking for such a Golden Visa, but found your video extremely astute, concise and pleasantly relaxed for such a topic. Great! Now for another idea: Married? Wife pregnant? Wanna give birth in Portugal? Hmmmm….. Maybe one automatically gets the right to live there if one‘s child is born there? Just thinkin‘….
@SandStormXII 8 ай бұрын
👌🏾
@The_Tool_Scoop 10 ай бұрын
Is there anywhere that I could get a citizenship with a UK passport and next to no funds? Also I am an employee and not a business owner. I always dreamed of moving to France, Italy or Portugal but Brexit chamged a lot.
@colinl5985 9 ай бұрын
Teach English is your best bet if you don't have any skills that are in demand.
@LordKaiser003 10 ай бұрын
Spaniards are now migrating to it since Andorra had filled up. ..
@mr.normalguy69 10 ай бұрын
If only I was financially capable of owning one.
@globalismoblackman 10 ай бұрын
I am citizen of the EU so I can retire from lreland to Portugal 😊
@peterchirico2153 10 ай бұрын
Andrew how much does it cost to work with you.
@ericbpreston 10 ай бұрын
Any idea when the nhr will end?
@TanyaBobr 10 ай бұрын
End of 2023
@santosss333 10 ай бұрын
por causas destes gajos é que é impossível para um português alugar uma casa em Lisboa ou arredores, é uma concorrência desleal. Precisamos de casas para morar e não para especular.
@tatianacarraca13 10 ай бұрын
It was never gone!!!!!!
@saifalarabi4491 10 ай бұрын
That's good news
@thegmcourier6079 10 ай бұрын
Lisboa❤
@BennyPoppie 10 ай бұрын
Doing my due diligence, spent Dec to March '23, mostly in Southwest/Algarve. It's a socialist nightmare, like canada. Not worth the effort. Morocco & Tunis this Winter.
@martinguimond1796 10 ай бұрын
Socialist nightmare like Canada… you don’t know what you’re talking about… educate yourself lol
@benallmark9671 10 ай бұрын
Keep us posted on how that goes please.
@kujudas4246 10 ай бұрын
it has been governed by Socialist governments for decades now, very similar to Canada but salaries are much lower
@stayfocused1041 10 ай бұрын
I get the socialist nightmare. Like all EU countries. French citizen living in the USA, wanting to return to Europe, but not within the EU. I am studying my options.
@addysaw 10 ай бұрын
@@stayfocused1041let me know what options you come up with! I'm exactly the same, an EU citizen paying a ton of taxes but wanting to relocate
@comaca 10 ай бұрын
I hope you shall say that wealth is silent
@RealSamWolf 10 ай бұрын
I think I just need to get my buddy to get Irish citizenship through descent and then marry him (': Gotta do what it takes in this day and age haha.
@chriso5842 10 ай бұрын
I just got my Irish citizenship by descent. How you do’in?
@timwitherden3866 10 ай бұрын
Still got to live there for 3 years
@Jackson-e4k 10 ай бұрын
Totally get it bro. I’d do the same. F it
@biffbifford402 10 ай бұрын
Take away -- bring a half million dollars, and bring your company and jobs.
@devincampbell3431 10 ай бұрын
Socialist ≠ Communist
@expat2023 10 ай бұрын
My kind of town, Moscow is. . .
@bradcm2185 10 ай бұрын
he kinda sounds like a politician
@shaned7545 9 ай бұрын
I've heard the backlog is worse. All golden visa applications will be done by 2030 as of the moment.
@007thematrix007 10 ай бұрын
🎉 🎊🎉 ..... hooray!
@JurassicB99 10 ай бұрын
lol what part of the country is communist?
@davidalmeida2991 10 ай бұрын
Yes, there still is a communist party in Portugal, which is a sign of a healthy Democracy. Only an American to think that’s surprising… the red scare didn’t affect all the world 😂 anyway, Lisbon and Porto aren’t the only nice cities to live, I would argue that Lisbon is actually worse than many…
@editecosta8998 8 ай бұрын
Portugal beckons with a wealth of opportunities for savvy investors. Picture a country where multilingualism thrives, culinary excellence knows no bounds, and a warm and friendly populace welcomes you. Explore a vast coastline offering endless possibilities in maritime ventures. Within a mere hour from bustling urban hubs, discover an interior ripe for investment, promising untapped potential. Benefit from a skilled and cost-effective workforce, positioning Portugal as a strategic investment destination in Europe. Seize the chance to be part of Portugal's promising future - where culture, business, and natural beauty converge. Invest in Portugal, where opportunities await your vision.
@DS-vx3wf 10 ай бұрын
not sure if I want a Western Europe/ US/ Canada/ Australia passport or residency. Europe is pretty much a crumbling empire and nothing but a continent for tourists.
@neoarmour 10 ай бұрын
and illegal migrants funded by Soros
@ash1kh 10 ай бұрын
Well, why youtube is suggesting me moving to europe. I had been there for 6 years (4 years study + 2 years job) and didn't like it at all. And By now more or less people realizes the power shift to GLOBAL SOUTH. so fewer and fewer citizens are interested to go West or Europe. People want to live in peace and un disturbed. Not in r@cism double standards. This video should be directed to western people.
@sam78882 6 ай бұрын
Can you answer one very important question for me! Where can I go get a Golden Visa and get a medical insurance through that government? Where ? I missed Turkey when it was $250k I know it’s not in the European Union but still it gives you in three months the passport plus medical but it went up to $400K please can you help I am 75 years old want to retire anywhere but not here in the USA
@nomadcapitalist 6 ай бұрын
Please feel free to reach out to us directly, and our team will provide you with personalized guidance tailored to your specific needs and circumstances: nomadcapitalist.com/apply/
@heavenismydomicile3280 9 ай бұрын
Now that the prime minister of portugal has resigned,will that have a significant effect on the future of the golden visa program @andrew henderson @ nomad capitalist
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