What was the personal situation or challenge?
Anton and Jennifer, two serial entrepreneurs with successful backgrounds in the UK deep tech industry, loved the idea of relocating to another capital city, in a warm, welcoming and culturally rich country such as Portugal. They were also intrigued by Portugal's diverse investment opportunities and were drawn to the country's vibrant property market, burgeoning tech sector, tourism, renewable energy, and agriculture.
However, being newcomers to both the country, they faced difficulties in navigating the landscape due to their lack of knowledge of the tech sector in Portugal and wanted to bridge the language barrier. They needed guidance not only in relocation but also in discovering the right financial structure for their investments and also wanted to understand how they could bring some of their tech companies and talent to Portugal.
How did Portugal Pathways help?
We guided Anton and Jennifer through the D7 Visa program, assisting them with the intricate process and ensuring that it aligned perfectly with their relocation needs. Our expert guidance helped them navigate the Non-Habitual Residency (NHR) tax regime, unlocking substantial tax benefits such as 0% tax on non-Portugal based income for a up to 10 years. We, even went a step further and set up a trust and bond structure which would ensure that beyond the ten year period they could pay as little as 3.8% tax on all non-Portugal derived income.
Recognising the potential in Portugal's commercial real estate market, our real estate team guided Anton and Jennifer in identifying lucrative opportunities that fit with their tech investment profile. We introduced them to other professionals in their field and events to network further. Following this, our team also helped ensure that Anton and Jennifer found a suitable location in Lisbon's Liberdade district to secure their ideal home.
Furthermore, with insight into Portugal's thriving tech scene, we facilitated connections within the tech industry focusing on renewable energy, nano science innovation, which aligned with their interest in high-growth tech companies. We continued to offer support and uncover new opportunities, providing ongoing guidance to ensure that Anton and Jennifer thrive in Portugal.
Through our tailored guidance in legal, tax, and diverse investment opportunities, Anton and Jennifer have successfully integrated into Portuguese society and embarked on a new fulfilling journey in Portugal's capital city.
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