With the rise of luxury real estate investment in Portugal<\/strong> , North Americans are increasingly involved. According to the coordinator of DS PRIVATE, Adriano Nogueira Pinto, this interest is on a growing trend.<\/p>\n\n\n\n Residents of the United States see luxury real estate investing<\/a> in some European countries as a very lucrative opportunity<\/strong> . Portugal, being in 4th place on the list of the most peaceful countries in the world, managed to attract the attention of foreigners.<\/p>\n\n\n\n These investors see our country as an excellent opportunity to buy a house to live in as a family<\/strong> or a holiday home<\/strong> . There are many reasons that captivate North Americans to consider investing in real estate in Portugal. <\/p>\n\n\n\n \u201cPortugal has become a popular option for parents looking to buy luxury properties to leave to their children, as taxes on wealth, inheritance or assets are much lower than those paid in the USA\u201d, explains the national coordinator of DS PRIVATE .<\/p>\n\n\n\n In fact, in the United States, inheritance tax<\/strong> can reach 40%. In Portugal, there is exemption from inheritance tax for spouses, children, grandchildren, parents, grandparents and civil partners.<\/p>\n\n\n\n This tax advantage is a strong motivation that attracts the attention of foreigners to invest in Portugal<\/a> and its luxury real estate.<\/p>\n\n\n\n Suggested reading: Luxury real estate: What makes this sector so attractive?<\/a><\/p>\n\n\n\n GDP per capita in Portugal stood at 23,290 euros in 2022, while in the United States it reached 72,600 euros. This means that, on average, a person in the United States has an economic production more than three times that of a person in Portugal.<\/p>\n\n\n\n Based on this substantial difference in GDP per capita between the two countries, we can conclude that North Americans have higher purchasing power<\/strong> than the Portuguese.<\/p>\n\n\n\n According to Adriano Nogueira Pinto, \u201cour country is quite attractive from a financial point of view, taking into account the commercial value of properties, even in the luxury segment, and the tax benefits that foreign investors can enjoy are appealing\u201d.<\/p>\n\n\n\n4 Factors that Attract North American Real Estate Investors <\/strong><\/strong><\/h2>\n\n\n\n
Real estate investment in Portugal is an advantageous bet<\/strong><\/h3>\n\n\n\n
Big difference in purchasing power<\/strong><\/h3>\n\n\n\n