Portugal's Prime Minister, António Costa, has announced his resignation after being implicated in an investigation into corruption and illegal interest-taking. The announcement comes hours after his chief of staff and one of his ministers were charged and taken into custody, and a search was carried out at his... Read More "Antonio Costa, resigns
The "non-resident tax regime", which gives pensioners and foreign workers a cap on their income tax, will end in 2024, said Mr. Costa, for whom "it no longer makes sense.
More and more of you are interested in the taxation of cryptocurrency in Portugal. Portugal, which has been experiencing a boom in tourism for years, but also of foreign people coming to settle there fiscally to benefit from the status of non-habitual resident (RNH).
Contents1. THE IMPACT OF THE EO ON NON-HABITUARY RESIDENTS AND THE "INGRESSAR" SCHEME3. THE IMPACT OF OE2024 ON FAMILIES4. THE IMPACT OF OE ON BUSINESS AND INVESTMENT As every year, the... Read More "OE2024 tax proposals
In 2022, changes were made to labor legislation as part of the "Agenda du Travail", which came into force on May 1, 2022, bringing new features for teleworking.
This Swedish real estate crisis is causing concern among analysts, who recall the 90s crisis in that country, which led to problems for the financial system. What about the Portuguese real estate market?
The 2023 State Finance Act (OE 2023) has modified the assumptions for granting the ITM exemption on the acquisition of goods for resale.
The Chega party is now considered the country's third political force, with 13.2 % of voting intentions in the latest polls.
The criteria for determining tax residency are of crucial importance in the field of international taxation.
The Portuguese government has published a proposal for measures to modify the legal regimes for local housing and property rental
The Portuguese government has proposed a new extraordinary contribution on tourist rental properties (AL) as part of its housing program.
The Order of Notaries in Portugal has announced that it will publish an internal regulation aimed at overseeing real estate acquisitions made using crypto-currencies, in cases where their conversion into legal tender does not take place.
Bill no. PL 64/XXIII/2023, of March 3, 2023, also known as the "More Housing" bill, established a set of measures impacting, among other things, current rental lease and local housing regimes.
The monthly payments of the real estate loans in Portugal will jump again not to say exploded on the contracts which will be revised next month, with increases ranging between 65 euros and 300 euros.
This measure, which puts an end to the granting of new "Golden Visas", is part of the pillar of the fight against money laundering.
With the state budget for 2023, the government intends to move forward with a framework for taxing income from cryptoassets,
On January 24, 2023, the Bank of Portugal published a notice regulating virtual assets in the context of money laundering and terrorist financing.
Through this account, we cover all categories, be it cryptocurrency, household income, social security, corporate, IVA, real estate, etc.
Amendments included in the State Budget Bill 2023 aim to close the legal loophole in the scope of taxation of cryptocurrencies in Portugal, promoting a new tax framework, including... Read More "New cryptocurrency taxation in the 2023 state budget
For more than 10 years, Portugal has been adopting a series of tax measures to strengthen its competitiveness and encourage foreign investment. To this end, in recent years, Portugal has adopted a reform of the tax system... Read More "Why Portugal
The first year of the pandemic affected all European countries, but it had a more negative impact on Portugal and the Portuguese. On October 17, the world celebrates the International Day of AIDS... Read More "50% of Portuguese live below the poverty line
the Portuguese government, through the intermediary of the Prime Minister, Antonio Costa, presented the main measures to deal with rising prices
As you know, Portugal does not currently have a specific tax regime for income from investments in digital tokens (cryptocurrencies, NFTs, etc.).
The European Commission's decision on the aid scheme granted to companies in Madeira's free zone - scheme III, which considers that the aid was granted illegally
The recent Decree-Law no. 46/2022 has modified and simplified the right to drive motor vehicles for holders of driving licenses issued by the Member States of the European Community.
Last week the Portuguese Minister of Finance, Mr. Medina, announced during the debate linked to the draft state budget for 2022 (OE2022), that he promised to make changes to the taxation of cryptocurrency
Interest rates have been negative in recent years, enabling consumers in Portugal to access credit at lower cost. However, the recent rise in inflation in the European zone has rekindled fears of a... Read More "Will mortgage interest rates rise in Portugal?
After differing rulings in two decisions by the Lisbon and Porto Courts of Appeal, the Supreme Court of Justice has decided to unify its jurisprudence on the impossibility of local accommodation coexisting in... Read More "Supreme Court rules on local accommodation in Portugal
The Autovoucher, a 20-euro subsidy paid by the government to families to offset rising fuel prices, ends at the end of the month and will be replaced by a more aggressive tax reduction measure.
According to article 111 of the Portuguese Labor Code, the trial period corresponds to the initial period of performance of the employment contract, during which the parties assess whether it is worth continuing.
The French tax authorities have announced the launch of a new application for self-employed people who have opted for simplified accounting. It is called "ATGO".
Since Monday, the monthly subsidy of five euros issued by the Autovoucher entity has risen to 20 euros to compensate for the sharp rise in fuel prices.
In the forecast update, the European Commission has revised up Portugal's growth to 5.5 % in 2022, up from the previously estimated 5.3 %. Eurozone GDP has been revised downward.
In this article, you'll find out how much the social insertion income is, what the rules are for paying sickness, maternity and paternity benefits, and above all how these benefits are calculated.
The law is less demanding when the employment contract is terminated by the employee in Portugal, but obliges him/her to respect certain points.
For years, the "dead" were to blame. Now, they say, it seems to be the emigrants' fault. The phenomenon of ghost voters, who number over a million this year, distorts abstention figures and can even "skew" the number of MPs per constituency.
In the third quarter of 2021, Portugal recorded a public debt ratio of 130.5 % of gross domestic product (GDP). As a result, Portugal ranks as the third country with the highest debt in the European Union.
r, was decreed due to the worsening epidemiological situation in Portugal.
The government of António Costa has just announced the early implementation of some measures originally planned for the first week of January and other measures have been announced
In accordance with the December 1 directive, the new rules go into effect on January 1, 2022, just one day before the mandatory containment week, during which telecommuting is mandatory.
The Portuguese government today approved an increase in the country's minimum wage to 705 euros, with effect from January 1, 2022. The government also approved support for companies to carry out these increases, the executive told... Read More "Portuguese minimum wage to rise to 705 euros in January
Portugal's regime for foreign pensioners, which allows a personal income tax (PIT) rate of 10 %, is one of the most damaging to tax competition in the European Union (EU), reveals a... Read More "Portugal is one of the most dangerous EU countries for foreign retirees
A week and a day after the rejection of the 2022 budget, the President of the Portuguese Republic decided to dissolve the Assembly of the Republic and call elections for January 30, 2022.
issolution of Parliament and the date of early parliamentary elections, after hearing the parties and the Council of State.
It is a real blow that the government is going through at the moment. Indeed yesterday the state budget 2022 was rejected by the opposition and therefore not voted. The consequences of its heavy and forces the President of the Republic to dissolve the government.
As a general rule, requests to transfer school records to Portugal can only be made after September 12. Initially, the request must be made electronically, on the portal... Read More "Transfer of school records in Portugal, how it works
The State Budget proposal for 2022 introduces several reforms to the IRS for Young People (IRS Jovem), providing that it will be granted automatically, that it will cover income from self-employment and that it will be applied for five years instead of the three years initially planned when the measure was launched.
The Portuguese economy should return to pre-pandemic wealth in 2022, with an expansion of 5.5 % helping to reduce the budget deficit to 3.2 % of GDP and the public debt ratio to 122.8 %.
School insurance in Portugal is free for all students attending the compulsory school system. In the event of a school accident, it offers protection and support in addition to that provided by the national system... Read More "School insurance in Portugal
The covid-19 period saw a flagrant decrease in the price of student housing, allowing Portuguese students, but also foreign students to find easy and cheap housing. Unfortunately for students in Portugal, the price of accommodation has returned to its pre-pandemic level.
If this information is confirmed, the nominal increase in the Portuguese minimum wage would be the biggest since 1993 and the highest in 10 years.
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