Edition 1500
10 November 2018
Edition: 1500

Read this week's issue online exactly as it appears in print.

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PORTUGUESE NATIONALITY – Do I really wish to apply for it?

by Advertiser, in Algarve · 01-11-2018 10:33:00 · 0 Comments

Over these past recent months, we have been hearing more and more about applying for Portuguese Nationality, how difficult it can be, how long it can take, what documents are necessary to provide, costs, etc, especially now with Brexit approaching. However, no one seems to balance the benefits against the disadvantages. Let’s go through them …

Advantages -
1) No need for visas or to renew visas;
2) To have dual nationality, as
Portuguese law allows to keep your other nationality;
3) To be able to compete in any national competitions, as a Portuguese athlete;
4) To be an European citizen and freely move and live in any other European country;
5) To vote in Portugal and in the
European elections;
6) According to The Henley & Partners Visa Restrictions Index of 2016, and again in 2017, the Portuguese Passport ranks 6th worldwide (together with the countries of Canada, Ireland, Luxembourg, Norway, Switzerland and South Korea) and offers visa-free or visa-on-arrival travel to 172 countries.
Disadvantages-
1) To apply for passport and ID citizen´s card (two different ID documents), which have to be renewed in a period of 5 years each;
2) You will need to know enough
Portuguese to pass a language test;
3) To not dispose freely of assets, upon death. Becoming a Portuguese national and living in Portugal, your estate will be subject to national inheritance law, which is very strict on the way you can distribute your estate. Under 'forced heirship', legitimate heirs including the spouse, biological and adopted descendants, and ascendants of the deceased are entitled to a minimum percentage of the whole estate. So
leaving the entire estate to the surviving spouse, which is permitted by other
jurisdictions, will no longer be allowed, under Portuguese law.
For further information, please feel free to contact us.  See the full article on our website - publications. 

www.veronicapisco-lawoffice.com

 

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Edition 1500
10 November 2018
Edition: 1500

Read this week's issue online exactly as it appears in print.

Twitter

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