Imagine turning your cryptocurrency into a dream property in Portugal. At Vicox Legal, we make it easy to transform your digital assets into secure and profitable real estate investments. With a clear, transparent process tailored to Portuguese regulations, we guide you every step of the way to buy real estate in Portugal using cryptocurrency—without the hassle.
Why Invest in Real Estate in Portugal with Crypto?
Portugal has become one of the most attractive destinations for international investors, thanks to its climate, quality of life, and tax benefits. Additionally, using cryptocurrency to buy real estate offers advantages such as:
- Fast and secure transactions.
- Lower intermediary costs.
- Access to a global market of digital assets.
At Vicox Legal, we help you seize these opportunities with a comprehensive service tailored to your needs.
How to Buy Real Estate in Portugal with Crypto: Step-by-Step Guide
1. Onboarding: Registration and Initial Assessment
Your journey begins with a simple registration process. Complete a short form with your personal or company details, including your NIF (Portuguese Tax Identification Number), legal residence, and wallet addresses. We ensure compliance with data protection laws and international anti-money laundering (AML) regulations. Within 48 hours, we’ll confirm your eligibility and establish a direct channel with one of our legal advisors.
2. Private Contract: Formalizing the Service
Once your eligibility is confirmed, we formalize our relationship by signing a private contract outlining the services we’ll provide throughout the property acquisition process.
3. Property Reservation: Selection and Security
After selecting your desired property, we reserve it and take it off the market by signing a deposit contract with the owners. If you don’t have a property in mind, we can recommend trusted real estate agencies in Portugal.
4. Due Diligence: Verification and Transparency
We conduct a thorough due diligence process to ensure a secure and transparent transaction. This includes verifying ownership titles, tax compliance, municipal licenses, and any outstanding debts. We also assist in drafting reservation contracts, promissory agreements, and accompanying you through relevant legal procedures.
5. Cryptocurrency Exchange: Secure Conversion
We facilitate a smooth cryptocurrency exchange process, handling the conversion of digital assets into EUR (or vice versa) upon request. This eliminates the need for you to register or operate directly on cryptocurrency exchanges. We support multiple cryptocurrencies, including Bitcoin, USDC, ETH, and USDT, ensuring compliance with Portugal’s legal framework.
6. Deed and Property Transfer
We coordinate the notarial signing, assist with obtaining necessary approvals, ensure tax payments, and oversee the transfer of ownership at the Portuguese Land Registry. You can also opt for our AML compliance report service, available for €1,500 + VAT.
7. Post-Deed Services: Ongoing Support
Once the property is officially in your name, we continue to assist with administrative matters, such as property registration, annual tax payments for non-residents, and ensuring compliance with legal obligations.
Why Choose Vicox Legal for Your Investment in Portugal?
- Legal Expertise: Our team specializes in real estate transactions using cryptocurrency in Portugal.
- Security and Transparency: We comply with all local and international regulations.
- End-to-End Service: We guide you from start to finish, ensuring a seamless experience.
Frequently Asked Questions
1. Is it legal to buy real estate in Portugal with cryptocurrency?
Yes, as long as all tax and AML regulations are followed.
2. Which cryptocurrencies do you accept?
We accept Bitcoin, USDC, ETH, USDT, and other major cryptocurrencies.
3. How long does the process take?
The timeline varies, but we aim to make the process as efficient as possible, typically taking a few weeks to a couple of months.
4. Do I need a Portuguese bank account?
No, we handle the cryptocurrency conversion and ensure compliance with local regulations.
Ready to turn your crypto into real estate in Portugal?
Book a consultation with Vicox Legal today and take the first step toward your dream property.
