THE ADDRESS Magazine No.20 | Page 51

Sleek design complements the showcase of sparkling vistas to ensure unending appeal A s one of the most affordable countries in Europe, Portugal real estate is attracting an increasing amount of attention from overseas investors. Add to that affordability the country's pleasant year-round climate, stunning beaches, world-class golf courses and low crime rate, and it is clear Portugal offers the whole package for a great lifestyle. The Portuguese government has put a number of incentives in place to encourage foreign investment in the country. The Non-Habitual Resident Tax Regime, for example, offers up to ten years of tax incentives for those settling in Portugal, making the country a favourable tax regime for High Net Worth Individuals (HNWIs) and their families. As one of the most competitive and attractive investor residency programmes in the world, Portugal's Golden Visa programme grants residency permit and free access to the vast majority of European countries (Schengen-area) to non-EU citizens who purchase property costing €500,000 or more. www.theaddressmagazine.com 57