Frequently Asked Questions – Buying Property in Portugal for UAE Citizens
Are you a UAE resident looking to invest in Portugal’s real estate market? Whether for investment, a holiday home, or relocation, Portugal offers great opportunities for buyers from the United Arab Emirates. Below, we answer the most important questions for UAE nationals interested in purchasing property in Portugal.
1. Can UAE citizens buy property in Portugal?
Yes! Portugal has no restrictions on foreign buyers, including UAE nationals. Whether you’re looking for a luxury villa, an apartment in Lisbon, or a countryside retreat, you can purchase property in Portugal just like a local.
2. Do I need a Portuguese Tax Number (NIF) to buy property?
Yes, a Número de Identificação Fiscal (NIF) is mandatory for purchasing property in Portugal. This is a tax identification number required for all legal and financial transactions.
- How to get a NIF?
- You can obtain it remotely through a Portuguese lawyer or tax representative.
- Or apply in person at a Portuguese tax office (Finanças).
3. Is it necessary to open a Portuguese bank account?
Recommended, but not mandatory.
While UAE buyers can purchase property using an international bank, having a Portuguese bank account makes transactions faster and easier, including:
- ✔ Transferring funds for the purchase
- ✔ Paying taxes and utility bills
- ✔ Receiving rental income (if applicable)
Important for UAE buyers: Some UAE banks limit international transfers, so having a local Portuguese account can simplify payments.
4. How does the buying process work?
Buying property in Portugal involves five key steps:
- Find the Right Property – Work with Quintas & Casas to find exclusive listings.
- Sign a Promissory Contract (CPCV) – This legal agreement secures your purchase, typically with a 10% deposit.
- Due Diligence & Financing – Legal checks and mortgage approval (if needed).
- Sign the Final Deed (Escritura) – The property is officially transferred to your name before a notary.
- Register the Property – The property is registered at the Land Registry Office (Conservatória do Registo Predial).
Key Difference for UAE Buyers: UAE citizens don’t need a Portuguese visa to buy property, but if you plan to relocate, visa options are available.
5. Can UAE residents get a mortgage in Portugal?
Yes! Portuguese banks offer mortgages to UAE residents, but the process may involve additional requirements compared to European buyers.
Typical mortgage conditions for UAE residents:
- 30-40% down payment required
- Proof of income (UAE salary, business profits, or investment income)
- A good credit history
- Some banks may require higher interest rates for non-EU buyers
Key Difference for UAE Buyers: UAE residents may need additional financial documentation due to different banking regulations in the UAE. Working with a mortgage broker can simplify this process.
6. What are the tax obligations for UAE buyers?
When purchasing property in Portugal, UAE buyers must consider the following taxes:
- IMT (Property Transfer Tax) – Based on property value and type
- Stamp Duty (Imposto de Selo) – Typically 0.8% of the purchase price
- Notary & Registration Fees – Varies based on location and property value
- Annual Property Tax (IMI) – Depends on the taxable value of the property
7. Can UAE buyers apply for Portugal’s Golden Visa?
Not through real estate anymore. Portugal removed property purchases as a Golden Visa route in 2023.
However, UAE citizens can still apply for residency through:
- D7 Visa – For those with passive income (rental income, savings, or investments)
- D2 Visa – For entrepreneurs and business investors
- Golden Visa (Alternative Options) – Investing in Portuguese investment funds
8. What makes the Algarve a great choice to live in Portugal for UAE buyers?
The Algarve is known to be one of the best places to live in Portugal due to its warm yet fresh climate, low cost of living, rustic nature, and beauty like cliff-backed beaches and picturesque villages. It provides a great environment to enjoy life or work.
9. Can I buy property remotely from the UAE?
Yes! Many UAE investors purchase properties in Portugal without traveling.
With Quintas & Casas, you can:
- View properties via virtual tours
- Sign contracts digitally
- Appoint a legal representative to handle paperwork
10. How can I start the process?
It’s easy! Quintas & Casas offers:
- Exclusive listings tailored for UAE buyers
- Personalized assistance with the legal process
- Financing and tax guidance
Contact us today to start your journey toward owning property in Portugal!