Reinvestment in Portugal under residency program
portugalcrown@gmail.com
Immigration in Portugal under article 89 paragraph 2.
Without residency or “D”visa
➢ The immigration law as article 89 and paragraph 2 was introduce 4th July 2007 “and Amendment 2012 and 2017. Residence permit for self employment purposes shall only be granted to third-country nationals who have a legal identity or freelancer professional’s employment relation in Portugal and are registered in the Social Security System in Portugal.
There are few steps in order to obtained temporary residence under the same law.
Step 1. Legal entry declares:
➢ Foreign citizens entering the Country from another Member State by way of a border not subject to control shall be required to report this fact to SEF (Portugal Immigration department). the declaration of entry is mandatory for foreign citizens third country nationals*within three working days after the date of entry in Portugal. According to articles 14 &16 of act 23/2007 of July 4 and subsequent amendments.
https://www.sef.pt/en/Documents/DeclarofEntry_EN.pdf (Government website)
➢ No further requirements of declaration:
Foreign citizen’s third country nationals who entered Portugal by way of a border Subject to control. Foreign citizens who are residents or visa holders authorized to stay in the Country for more than six months. Foreign citizens who immediately after entering the Country, stay in hotels or in other kind of accommodation units which submit accommodation forms to SEF; Foreign citizens who are covered by the EU legal framework or equivalent arrangements.
Step 2. NIF Number (tax Identity):
➢ NIF number a unique ID in Portugal which is issued by Finance & taxation Department for correspondent not only tax payers also related to contracts, Opening bank accounts ,sale and purchase, to obtained any registration & resident status among others. To obtained NIF number you have to be in Finance department via physical or power of attorney representative with valid ID document (Citizen’s Card or Passport), declaration of the Fiscal Representative. NIF is issued in the moment you request it, through a standard document stating the period during which you will receive your final tax Payer’s Card.
Step 3. Accommodation confirmation letter:
➢ The Junta de freguesia is executive body of each municipality in Portugal deliver Function for legislation of address confirmation after the requested with valid local proof of accommodation or reference behalf of two citizen. The correspondent address is obligatory (documentary proof) for receive later form public and Privet Institutions in Portugal.
Step 4. Registration of Company in Portugal:
➢ To open/formation Company in Portugal takes care of applicant should be in Portugal or hire legal representative holds power of attorney. Compliance of documents as such Passport, prepare article of association, legal office space for registration or virtual office space. To open bank account and declare to tax and financial institute within 15 days after the formation of company in Portugal.
Type of company depends on nature of business and conmen companies in Portugal unipal and LDA. to establishment with 1 euro or 5000 euro as paid of capital of the identity . All the shareholders must bring a contribution to the capital and their liability is limited to that contribution. The management is assured by a director appointed by the general meeting of the shareholders, the supreme authority in the Portuguese LDA.
Step 4 A. Social Security Number:
➢ One of the mandatory steps to have Social Security number for any expatriate/employee/who wants to work in Portugal. The social security number issued by Segurança Social Institute. To apply for and obtain the Portuguese NISS social security number, you must present a copy of the employment contract certified by the hiring company. If the intention is already to hire a foreign citizen, the contracting firm can issue a promise contract. Freelancers and self employers can request social security number without a job offers. Competent authority will issue number within 90days after requested of application for worker admission with social department in Portugal.
Step 5. Employment contract and taxes:
➢ The employment contract in Portugal is legislated under Portuguese labor law (articles 273–275). The minimum working age is 16 years from the age of 18, a person can obtain an employment contract without completing school. There are several types of employment contracts. In 2018 the government increased the Portuguese monthly minimum wage from €557 to €580. by the end of the parliament in 2019, the government has pledged to raise Portugal’s minimum wage beyond €600 for the first time).the tax obligation consists to employer and 2employee includes income tax and social security deductions form the salary or paid by employer.
➢ Employer (Company) pays 23.75%
➢ Employee (worker) Pay 11.00%
➢ Both calculated 34.75% in gross salary The standard VAT rate in Portugal is 23%.its obligatory on sales of goods or services. Rules are based on regulations drawn up by European Union.
Step 6. SEF ENTRY (request for residency permit):
➢ Application submitted through the electronic platform (SAPA Portal) and the application is submitted personally on a standard form signed by the applicant or his/her legal representative along with supporting documents as under: Passport or any other valid travel document. Evidence of regular entry in Portuguese territory as such legal entry. Evidence of sufficient means of subsistence,(income or funds). Extract from the criminal record from the country of origin. Extract from the criminal record from the country of residence for more than one year. Evidence that the applicant has adequate accommodation. (Junta) Evidence of having registered with the Social Security, except in the case of a promised employment contractor registration Certificate Of Portuguese Company. Evidence of registration in the tax authority, tax and salary confirmation. Contract of employment or document issued under article 89, paragraph 2, subparagraph a) of Law n. º 23/2007 of 4 July; or promised employment.
Step 7. Visiting to SEF for fingerprints:
➢ After submission of application the assessment undergone by SEF further provides the user the possibility to make the appointment for the SEF Bureau in SAPA Portal. The user is allowed to select place, date, and time of his/her convenience.
Step 8. Collation of printed the temporary residence card:
More details visit Crown Portugal or others worldwide office near to you.
THANKS & REGARDS
Crown Segment - Consultancy Services Unipessoal LDA
Rua Sargento Armando Monteiro Ferrira, No.136,1800~329, Lisbon, Portugal
Email- portugalcrown@gamil.com
website. www.cicsgroups.com
landline- +351- 215 891 672
Mobile +351 91 91 33 00 1 ,+351 91 91 33 00 2
Immigration in Portugal under article 89 paragraph 2.
Without residency or “D”visa
➢ The immigration law as article 89 and paragraph 2 was introduce 4th July 2007 “and Amendment 2012 and 2017. Residence permit for self employment purposes shall only be granted to third-country nationals who have a legal identity or freelancer professional’s employment relation in Portugal and are registered in the Social Security System in Portugal.
There are few steps in order to obtained temporary residence under the same law.
Step 1. Legal entry declares:
➢ Foreign citizens entering the Country from another Member State by way of a border not subject to control shall be required to report this fact to SEF (Portugal Immigration department). the declaration of entry is mandatory for foreign citizens third country nationals*within three working days after the date of entry in Portugal. According to articles 14 &16 of act 23/2007 of July 4 and subsequent amendments.
https://www.sef.pt/en/Documents/DeclarofEntry_EN.pdf (Government website)
➢ No further requirements of declaration:
Foreign citizen’s third country nationals who entered Portugal by way of a border Subject to control. Foreign citizens who are residents or visa holders authorized to stay in the Country for more than six months. Foreign citizens who immediately after entering the Country, stay in hotels or in other kind of accommodation units which submit accommodation forms to SEF; Foreign citizens who are covered by the EU legal framework or equivalent arrangements.
Step 2. NIF Number (tax Identity):
➢ NIF number a unique ID in Portugal which is issued by Finance & taxation Department for correspondent not only tax payers also related to contracts, Opening bank accounts ,sale and purchase, to obtained any registration & resident status among others. To obtained NIF number you have to be in Finance department via physical or power of attorney representative with valid ID document (Citizen’s Card or Passport), declaration of the Fiscal Representative. NIF is issued in the moment you request it, through a standard document stating the period during which you will receive your final tax Payer’s Card.
Step 3. Accommodation confirmation letter:
➢ The Junta de freguesia is executive body of each municipality in Portugal deliver Function for legislation of address confirmation after the requested with valid local proof of accommodation or reference behalf of two citizen. The correspondent address is obligatory (documentary proof) for receive later form public and Privet Institutions in Portugal.
Step 4. Registration of Company in Portugal:
➢ To open/formation Company in Portugal takes care of applicant should be in Portugal or hire legal representative holds power of attorney. Compliance of documents as such Passport, prepare article of association, legal office space for registration or virtual office space. To open bank account and declare to tax and financial institute within 15 days after the formation of company in Portugal.
Type of company depends on nature of business and conmen companies in Portugal unipal and LDA. to establishment with 1 euro or 5000 euro as paid of capital of the identity . All the shareholders must bring a contribution to the capital and their liability is limited to that contribution. The management is assured by a director appointed by the general meeting of the shareholders, the supreme authority in the Portuguese LDA.
Step 4 A. Social Security Number:
➢ One of the mandatory steps to have Social Security number for any expatriate/employee/who wants to work in Portugal. The social security number issued by Segurança Social Institute. To apply for and obtain the Portuguese NISS social security number, you must present a copy of the employment contract certified by the hiring company. If the intention is already to hire a foreign citizen, the contracting firm can issue a promise contract. Freelancers and self employers can request social security number without a job offers. Competent authority will issue number within 90days after requested of application for worker admission with social department in Portugal.
Step 5. Employment contract and taxes:
➢ The employment contract in Portugal is legislated under Portuguese labor law (articles 273–275). The minimum working age is 16 years from the age of 18, a person can obtain an employment contract without completing school. There are several types of employment contracts. In 2018 the government increased the Portuguese monthly minimum wage from €557 to €580. by the end of the parliament in 2019, the government has pledged to raise Portugal’s minimum wage beyond €600 for the first time).the tax obligation consists to employer and 2employee includes income tax and social security deductions form the salary or paid by employer.
➢ Employer (Company) pays 23.75%
➢ Employee (worker) Pay 11.00%
➢ Both calculated 34.75% in gross salary The standard VAT rate in Portugal is 23%.its obligatory on sales of goods or services. Rules are based on regulations drawn up by European Union.
Step 6. SEF ENTRY (request for residency permit):
➢ Application submitted through the electronic platform (SAPA Portal) and the application is submitted personally on a standard form signed by the applicant or his/her legal representative along with supporting documents as under: Passport or any other valid travel document. Evidence of regular entry in Portuguese territory as such legal entry. Evidence of sufficient means of subsistence,(income or funds). Extract from the criminal record from the country of origin. Extract from the criminal record from the country of residence for more than one year. Evidence that the applicant has adequate accommodation. (Junta) Evidence of having registered with the Social Security, except in the case of a promised employment contractor registration Certificate Of Portuguese Company. Evidence of registration in the tax authority, tax and salary confirmation. Contract of employment or document issued under article 89, paragraph 2, subparagraph a) of Law n. º 23/2007 of 4 July; or promised employment.
Step 7. Visiting to SEF for fingerprints:
➢ After submission of application the assessment undergone by SEF further provides the user the possibility to make the appointment for the SEF Bureau in SAPA Portal. The user is allowed to select place, date, and time of his/her convenience.
Step 8. Collation of printed the temporary residence card:
More details visit Crown Portugal or others worldwide office near to you.
THANKS & REGARDS
Crown Segment - Consultancy Services Unipessoal LDA
Rua Sargento Armando Monteiro Ferrira, No.136,1800~329, Lisbon, Portugal
Email- portugalcrown@gamil.com
website. www.cicsgroups.com
landline- +351- 215 891 672
Mobile +351 91 91 33 00 1 ,+351 91 91 33 00 2
Comments
Post a Comment