Per request of the Embassy of Portugal to the United States of America, we herein share information about a relevant legislative action taken by the Portuguese Government in support of Investment by the Portuguese Diaspora. The Chamber will send additional information as it becomes available.
The National Program of Support to the Investment of the Portuguese Diaspora (PNAID), approved by the Resolution of the Council of Ministers of July the 23rd, is intended to support Portuguese emigrants and people of Portuguese descent wishing to invest or expand their economic activity in Portugal, as well as national businesspersons wishing to internationalize their businesses in the Portuguese Diaspora.
Its four main strategic aims are: to support the return of Portuguese emigrants and people of Portuguese descent; to support the investment of the Portuguese Diaspora; to promote the territorial cohesion through the investment in the interior of the country; to foster the Diaspora as a platform for internationalization.
The PNAID will be implemented in four different areas: Supports and Incentives; Facilitation; Information and its Dissemination; Promotion, Allocation and Networks.
The Program also creates the status of the Investor in the Portuguese Diaspora and a Guidebook to the Investor in the Portuguese Diaspora.