Buying Property in Portugal With Crypto

Updated: 21 April 2022

Foreign investors have increased their appetite for purchasing real estate with cryptocurrencies in Portugal. This is due to the country’s reputation as a “tax haven” for crypto-businesses. 

Buying houses with crypto is not a new topic. However, according to a current report by Idealista, rules are being revised in favor of the investors. The Order of Notaries (ON) is working on a regulation that will provide notaries with clear instructions on how to create deeds for the purchase and sale of houses in cryptocurrencies. They will also be on the lookout for any signs of money laundering.

Once the new regulation is finalized by ON, it will be possible to conduct real estate transactions using cryptocurrencies, treating this as a barter business, in which goods are exchanged for cryptocurrencies.

Portugal has always been popular among crypto investors thanks to its crypto tax reliefs. This feature is supposed to attract more crypto investors who want to secure their gains through tangible assets.

Portugal and Crypto 

Portugal is among the crypto tax-friendly countries that are grasping the attention of crypto investors. This is due to the fact that crypto earnings are tax-free in the country, and cryptocurrency businesses face fewer legal and regulatory obstacles than in other countries.

Gains from the purchase and sale of cryptocurrencies are not taxed, depending on the nature of your activity. Companies that provide cryptocurrency-related services, on the other hand, are taxed on capital gains at a rate ranging from 28 to 35 percent.

Get Golden Visa: Who We Are and How We Can Help You

Get Golden Visa is a bespoke investment advisory firm. With our team of specialists in Lisbon and Porto offices, we offer our clients a tailor-made and transparent journey in their search for the ideal home in Portugal.

If you’re interested in buying a property with crypto in Portugal, contact us and talk to one of our experienced team members to help you with your questions.

Get in Contact

    Notify of

    Inline Feedbacks
    View all comments
    Get Started

    Contact Us

      Why Get Golden Visa

      Fill out the form to meet our team of legal professionals, licensed real estate experts, and fund advisors.

      Your Trusted Partner in Golden Visa Process

      From investment decisions to the Golden Visa approval, we strive to optimize the process and provide a transparent journey.

      Real Estate Advisory

      We’ve been serving our clients since 2014 with our expertise in independent investment advisory. Simplify your property search with our certified real estate professionals.

      Fund Investment

      We’re in liaison with over 40 fund managers in different countries. Choose the right fund based on your needs with an unbiased, straightforward approach.

      Subscribe to our newsletter