SIGI BOOSTS REAL ESTATE IN PORTUGAL

&amp;NewLine;<h2 class&equals;"wp-block-heading">SIGI BOOSTS REAL ESTATE IN PORTUGAL <&sol;h2>&amp;NewLine;&amp;NewLine;&amp;NewLine;&amp;NewLine;<p>Portugal continues its strategy of seduction among <a href&equals;"https&colon;&sol;&sol;vivreauportugalconsulting&period;com&sol;produit&sol;guide-immobilier-au-portugal&sol;"><span style&equals;"text-decoration&colon; underline&semi;">foreign investors<&sol;span><&sol;a>The government has just launched a new system of real estate investment companies&amp;period; Les <strong>SIGI<&sol;strong> are of particular interest to foreign investors&amp;comma; as they benefit from lower taxes&amp;period;<&sol;p>&amp;NewLine;&amp;NewLine;&amp;NewLine;&amp;NewLine;<p>Portugal is certainly not short of ideas for attracting foreign investors&amp;period; While almost 20 percent of real estate transactions were carried out by foreign investors, the country's real estate market is still growing. <strong>foreign buyers in 2018<&sol;strong>The Portuguese government has created a new real estate investment instrument&amp;period; <&sol;p>&amp;NewLine;&amp;NewLine;&amp;NewLine;&amp;NewLine;<p>At the end of January, it passed a decree-law laying the foundations for a new &amp;colonial investment company regime; <strong>real estate investment and management companies<&sol;strong> &amp;lpar;SIGI&amp;rpar;&amp;comma; a Portuguese version of the <strong>listed real estate investment companies<&sol;strong> The aim of SIGI is to further increase foreign subscriptions by offering a favorable legal and tax structure, which has not yet existed in Portugal. At the same time, the new scheme aims to boost the Portuguese rental market, which is still saturated due to demand far outstripping supply;<&sol;p>&amp;NewLine;&amp;NewLine;&amp;NewLine;&amp;NewLine;<p>Half of the member countries of the European Union&amp;comma; already have similar investment company schemes&amp;period; SIGIs follow the structure of the Spanish Socimi&amp;comma; launched in 2009&amp;comma; with more benefits&amp;comma; notably tax&amp;period; Concretely&amp;comma; SIGIs aim to invest&amp;comma; directly or indirectly&amp;comma; in real estate assets&amp;period; They also aim to acquire shares and ownership rights in other companies&amp;comma; organizations and real estate investment funds&amp;comma; in Portugal and Europe&amp;comma; or to develop construction or rehabilitation projects&amp;comma; for mainly rental purposes&amp;period;<&sol;p>&amp;NewLine;&amp;NewLine;&amp;NewLine;&amp;NewLine;<h2 class&equals;"wp-block-heading">Predictable revenues and boosted profitability<&sol;h2>&amp;NewLine;&amp;NewLine;&amp;NewLine;&amp;NewLine;<p>Shareholders are guaranteed a certain degree of income predictability, since the company is obliged to distribute its profits within 9 months of the end of the fiscal year, according to a specific distribution schedule; <&sol;p>&amp;NewLine;&amp;NewLine;&amp;NewLine;&amp;NewLine;<p>90&amp;percnt; of profits from its own dividends or shares in the profits of companies in which it holds shares&amp;period; In the same way, it pays out 75&amp;percnt; of the remainder of its profits&amp;period; Rental income or real estate capital gains&amp;period; Finally&amp;comma; a debt-limitation mechanism provides a degree of security for investors&amp;period; SIGI may not have a debt ratio in excess of 60&amp;percnt;&amp;comma; which obliges them to have their own funds and remain independent of bank financing&amp;period;<&sol;p>&amp;NewLine;&amp;NewLine;&amp;NewLine;&amp;NewLine;<p>Article realized in collaboration with<a href&equals;"https&colon;&sol;&sol;agencelusofrancaiseimmobilier&period;com"><span style&equals;"text-decoration&colon; underline&semi;"> l&amp;rsquo&amp;semi;agence Luso-Française d&amp;rsquo&amp;semi;immobilier à Port<&sol;span><&sol;a>o&amp;period; <&sol;p>&amp;NewLine;