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How to obtain a Portuguese passport and save money: 7 tips on financial education, Estadão E-Investidor.

How to obtain a Portuguese passport and save money: 7 tips on financial education, Estadão E-Investidor.

How to obtain a Portuguese passport and save money: 7 tips on financial education, Estadão E-Investidor.

Amendment to Article 15 of the Portuguese Citizenship Law, which could become an opportunity for Brazilians.

In April, a modification to Article 15 of the Portuguese Citizenship Law came into effect, which could present an opportunity for Brazilians.

It has become easier to become a citizen of Portugal. There are also many ways to save money for those who want to rent or buy property in this European country.

The text approved by President Marcelo Rebelo de Sousa at the end of February changes the way the required residency time for obtaining citizenship is calculated.

Therefore, Brazilians who have lived in the country for at least five years and have not yet reached the required period for obtaining a permit will benefit.

However, this is just one way to obtain Portuguese citizenship.

In addition to residency, one can obtain citizenship through descent, which is only available to those who have direct roots in Portuguese ancestry.

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Furthermore, it can be acquired through marriage, available to those who are married to or in a civil partnership with a Portuguese citizen for at least three years. If there are children involved, the time requirement is halved.

Amid such a variety of opportunities, living in Portugal has become a dream for many Brazilians.

And despite the fact that the euro exchange rate is currently 5.46 reals, it is not necessary to spend a fortune on purchasing real estate in the country.

  • 7 tips for saving on real estate in Portugal
  • Avoid large cities
  • Make a deposit for the rent.
  • Be prepared for additional expenses.
  • Evaluate the financing options.
  • Consider the local infrastructure.
  • Be cautious with suspicious offers.
  • Financially plan for the purchase

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