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Decree Law No. 14/2021


Publication: Republic Diary No. 30/2021, Series I of 2021-02-12
  • Issuer: Presidency of the Council of Ministers
  • Diploma Type: Decree Law
  • Number: 14/2021
  • Pages: 21 - 24

Summary in plain english

What is it?

This decree-law changes the legal scheme for the entry, stay, exit and deportation of foreign citizens from the national territory.

What is going to change?

With this decree-law, there is an increase of the amounts involving "Investment activity".

“Investment activity" is considered to be any activity carried out personally or through a company which leads to the realisation of the transfer of capital and for a minimum period of five years.

Therefore, the following values will now be considered:

    • Capital transfer in the amount equal to or greater than 1.5 million euros;
    • Capital transfer in the amount equal to or higher than 500,000€, which is applied in research activities developed by public or private scientific research institutions, integrated in the national scientific and technological system;
    • Capital transfers equal to or greater than 500,000€, for the acquisition of investment units in investment funds;
    • Capital transfers in the amount equal to or higher than 500,000€, for the incorporation of a commercial company with registered office in national territory.

The acquisition of property with a value equal to or over 500,000€ is only allowed when the dwellings are located in the Autonomous Regions of the Azores and Madeira or in inland territories.

What advantages does it bring?

This decree-law aims to bridge regional differences, namely in the country's inland territory, promoting quality of life and sustainable development.

When does it enter into force?

This decree-law enters into force on 1 January 2022.

Original Version

LEGAL TRANSLATOR

  • Legal translator is the translation of texts within the field of law

CONSOLIDATED LEGISLATION

Legislative consolidation integrates the various amendments and rectifications made into an original legal diploma in order to make its consultation more accessible to the citizen.