Assistance and Support

Assistance and support

Allpartners offers a tailored support thanks to its diverse assistance services. The amount of support varies depending on the customer. Whole or partial, the support is devoted to them.

Administrative procedures

Legal and tax assistance

Property management

Administrative procedures
Allpartners takes care of all the administrative procedures including:
Registering you with Portuguese tax authorities and obtaining your tax number
Setting up a company
Registering you with the Portuguese social security system
Helping you select a bank and open an account
Obtaining your certificate of residence from the town hall
Coordinating all the formalities to secure Non-Habitual Resident status
Dealing with the formalities pertaining to your vehicle in Portugal

Legal and tax assistance
Allpartners can manage all your requirements in this area. The team works closely alongside a worldwide network of advisers, including lawyers, accountants, tax specialists, independent wealth management consultants, and property experts.

Property management
Allpartners offers property management services which are tailored to the owners needs, complying with their interests.
Search and management of a tenant
Maintenance and supervision of work at the property
The bookkeeping (invoicing and collection of rent) will be done by an accountant office
The short-term residential concierge services (for instance Airbnb) such as welcoming customers, on-site inventory, cleaning and the overall maintenance of the property will be done by seasonal management specialists
All of our partners are hand-picked and are acknowledged in their profession. In any case, Allpartners’s teams place themselves as key contacts, with the aim of freeing the owner from all challenges linked with investments.

Why Portugal?

One of the most appealing aspects to spending time in Portugal is its affordability. Whether it is buying a coffee, a beer or travelling by public transport, you will find that day to day living is cheaper than most western countries. Portugal’s climate is warm year-round. During the summer months, Portugal enjoys refreshing sea breezes from the Atlantic and Mediterranean with an average daytime temperature of 25 degrees

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Citizenship by investment – Golden Visa in Portugaladminallpartners2021-09-29T17:20:00+00:00

Citizenship by investment – Golden Visa in Portugal

This is a residence permit for non-EU nationals and family members who want to live and work in Portugal, even if you reside in another country. However, from January 2022, investment in coastal locations including Lisbon and Porto will no longer qualify.

This presents a narrow window of opportunity to Golden Visa investors who wish to invest in the country’s prime locations before the new changes come into effect. It is expected the availability of €280-350k projects in these areas to start to decline, demand will rise, and supply will fall.

Non-Habitual-Residency status (NHR)adminallpartners2021-09-29T17:20:14+00:00

Non-Habitual-Residency status (NHR)

The NHR status offers a reduced tax rate and exemptions on certain income during the first ten years of residency in the country. If you are employed in Portugal, non-habitual residents can benefit from a flat tax rate of 20% on their income. In addition, most of your revenues from abroad are exempt from Portuguese tax, such as dividends, royalties…

Until recently, holder of the NHR status were exempt of tax on their foreign pension income. Since January 2021, the Portuguese government is applying a flat tax rate of 10% on this type of foreign income.

Buying Propertyadminallpartners2021-09-29T17:20:10+00:00

Buying Property

The shortage of properties coming onto the market continues to underpin prices, with house prices increasing by around by 5% (on average) per annum.

Healthcareadminallpartners2021-09-29T17:20:21+00:00

Healthcare

In Portugal there is a National Health Service-Serviço Nacional de Saúde (SNS) – that is generally excellent, and English is widely used as the language of communication. The World Health Organisation ranks it number 12 (the UK is number 18).

Retirees can also be reassured that the superb Integrated Medical Emergency System offers rapid-response times – in fact the average response time of seven seconds is much faster than the UK’s.

Inheritance Taxadminallpartners2021-09-29T17:20:06+00:00

Inheritance Tax

Inheritance tax in Portugal is very favorable. Not only does it only apply to Portuguese assets, it’s also only 10 per cent – and your estate will be exempt from the tax if you are leaving it to a spouse or your children.