Many are not aware of all the benefits of a Portuguese passport. Here’s a short list:
- Most of the benefits result from the fact that Portugal is a member of the European Union. Today, there are 28 countries that are members of the EU: Austria, Belgium, Bulgaria, Croatia, Cyprus, Czech Republic, Denmark, Estonia, Finland, France, Germany, Greece, Hungary, Ireland, Italy, Latvia, Lithuania, Luxembourg, Malta, Netherlands, Poland, Portugal, Romania, Slovakia, Slovenia, Spain, Sweden, United Kingdom (on the way out). EU countries allow residents of other EU countries to work and live there without restrictions. Usually, there is an easier access to universities in EU countries. Sometimes the tuition fee is reduced or free.
- A shorter waiting line at passports checks entering the EU. This is especially relevant for those who travel a lot to Europe.
- Easier entry than US citizens to several countries, such as: Bolivia, Brazil, Iran, Paraguay, Venezuela etc. To compare the entry requirements to different countries between US, UK and Portuguese passports: http://tinyurl.com/yc7zffxk
Does Portuguese citizenship come with a duty to pay income tax in Portugal?
The main issue that bothers applicants for Portuguese citizenship is the issue of income tax. If you are not a resident of Portugal, there is nothing to worry about. Income tax in Portugal is applied to residents of the country. A Portuguese citizen who is not a resident of the country does not have to pay income tax in Portugal.
On the principles of income tax in Portugal see here: tinyurl.com/yblwa57y