In an attempt to promote foreign investment the Portuguese Government has decided to clarify and enact provisions in order to attract high net worth professionals, entrepreneurs and pensioners, namely by executing an attractive tax regime for foreign individuals who wish to establish permanent or temporary residence in Portugal. The great

I. Scope of Application In order to attract foreign investment into Portugal and to help in the economical recovery, the Portuguese Government has created a regime for the granting of so-called “golden visas” to citizens of third countries, that wish to invest in Portugal. Such regime, known “ARI – Autorização de