Pakistanis Buying Properties in Portugal
Pakistanis Buying Properties in Portugal – Legal Guide 2025
By Advocate Syed Mustafa Hussain Gardezi
In recent years, many Pakistanis have shown growing interest in buying property in Portugal. Whether for investment, permanent residency, or migration, Portugal offers attractive legal and financial incentives—especially through the Golden Visa program. In this post, we explain the process, legal framework, and benefits of property ownership in Portugal for Pakistani nationals.
Why Portugal?
- One of the safest countries in Europe
- Affordable real estate compared to other EU nations
- Golden Visa allows residency through property investment
- Free movement across the Schengen zone
- Pathway to permanent residency and citizenship
Golden Visa Program Explained
The Golden Visa is a Portuguese immigration program launched in 2012, allowing non-EU citizens (like Pakistanis) to gain residency by investing in property or businesses.
Minimum real estate investment requirements (as of 2025):
- €280,000 – in low-density rehabilitation zones
- €500,000 – in general urban real estate
Legal Requirements for Pakistanis
- Have a valid Pakistani passport
- Open a Portuguese bank account
- Get a Portuguese NIF (Tax ID Number)
- Hire a local lawyer for due diligence
- Transfer funds legally from Pakistan through proper banking channels
Important: SBP Declaration
According to the State Bank of Pakistan (SBP), you must declare any foreign investments and obtain prior approval if funds are being sent outside via formal channels.
Risks & Considerations
- Real estate fraud or inflated prices for foreigners
- Changes in Golden Visa policies by Portuguese government
- Exchange rate fluctuations (Euro to PKR)
- Tax implications in both countries
Popular Areas in Portugal for Pakistanis
- Lisbon – Capital city, high-end properties
- Porto – Historic and cultural city
- Algarve – Coastal, retirement-friendly
- Braga – Affordable, family-friendly
How to Start the Process from Pakistan
Many legal firms in Pakistan are now partnered with real estate consultants in Portugal. Here’s what you can do:
- Consult a lawyer familiar with international real estate law
- Attend property expos or embassy-led briefings
- Use verified real estate portals for Portugal
FAQs – Buying Property in Portugal
Q: Can I buy property in Portugal while staying in Pakistan?
Yes, via a lawyer acting as your Power of Attorney (POA).
Q: Do I need to live in Portugal after investment?
Only 7 days/year minimum stay is required to maintain your Golden Visa.
Q: Will I get a Portuguese passport?
After 5 years of residency, you can apply for permanent residency or citizenship (with language and integration tests).
Conclusion
Portugal offers an excellent opportunity for Pakistanis seeking legal migration, investment security, and access to Europe. However, you must work with experienced legal professionals to avoid fraud and ensure compliance with both Pakistani and Portuguese laws.
Stay informed, consult lawyers, and explore opportunities legally and wisely.
Comments
Post a Comment