NEW HOUSING LAW IN PORTUGAL 2020
September means back to work, and October means legislation. A new wave of legislation is about to be introduced that will have a real impact on citizens and businesses alike.
September means back to work, and October means legislation. A new wave of legislation is about to be introduced that will have a real impact on citizens and businesses alike.
Portugal is home to tens of thousands of real estate agencies. Over the past 3 years or so, many French people have decided to try their hand at entrepreneurship in Portugal, and strangely enough, they all have one thing in common: opening a real estate agency.
Portugal was still in 31st place in the international Pisa ranking (2012). This organization evaluates every three years the achievements of 15 year old students in reading and science.
There are two schools in Portugal that are dependent on the French Ministry of Education. The first one in Lisbon and the second one in Porto. These two schools are very popular with French and Portuguese descendants for about 3 years.
On August 12, a strike of fuel transporters in Portugal began. The government of António Costa decided to put the country in energy crisis and these until August 21.
People wishing to settle in Portugal include retirees, students and working people. For working people, one of the most important factors in their decision to move to Portugal is whether or not they can work there.
Over the past 5 years, Portugal has become the favorite destination of the French. The country now attracts as much for its dynamism as for its cost of living or the charms of its tax system. The first consequence of this craze is rising property prices.
The list of "high added value" professions that give access to the RNH status in Portugal has changed. Professions such as psychologists, architects, designers or archaeologists are no longer included in the list of activities that qualify for NHR status.
Whatever the reason for expatriation, whether it's to gain professional experience, fulfill a dream or change one's life. However, at the moment of change, it's difficult to give up a national system as protective as that of France.
Alojamento local in Portugal has more than quadrupled in the last three years, from about 13,000 registered establishments in 2014 to more than 55,000 accommodations currently reported throughout the country.
To ensure the permanence of the matrimonial property regime, it is advisable for expatriate spouses to draw up a contract prior to the marriage, in order to precisely determine the applicable law and matrimonial property regime.
For several months now, we have been receiving numerous questions related to non-habitual resident status and particularly concerning double taxation.
We decided to create a FAQ with the 21 most relevant questions
You live abroad? Do you have some assets? Or perhaps you have children? Refresh your knowledge of inheritance.
Portugal continues its desire to make immigrants return to the country. The government has just announced its intention to offer 6,500 euros to emigrants who decide to come and work in Portugal.
Historically, Portugal has always been a country where its population left to immigrate to other countries. Since the 2007 crisis, this demographic decline has accelerated.
Portugal introduced non-habitual resident status in 2009. This offers the possibility of exempting your retirement pension for a period of 10 years. Provided you have established your tax residence in Portugal.
The Conseil d'Etat has just confirmed once again the exemption of non-residents from social security contributions, thus putting an end to a tax and social security dispute.
Borrowing terms for Portuguese people vary from simple to double, depending on the region in which they invest.
BUYING IN PORTUGAL IN 2019 MISTAKES TO AVOID You're planning your first real estate purchase in Portugal. Whether it's for a primary residence as part of an expatriation project, or... Read More "BUY IN PORTUGAL MISTAKES TO AVOID
Mistakes to avoid as an auto-entrepreneur in Portugal
Spending your retirement in Portugal has been very popular in recent years. Some 1.3 million French people are said to be involved. The main idea is generally to return to one's country of origin.
Since the broadcasting in several countries of television reports on the advantages of the RNH. Foreign real estate investment in Portugal is increasing. But investing in Portugal also implies questions about donation and succession.
REGISTERING YOUR CAR IN PORTUGAL More and more of you are choosing to make Portugal your tax residence, in order to take advantage of the many benefits the country has to offer. As you know... Read More "REGISTER YOUR CAR IN PORTUGAL A LEGAL OBLIGATION
The IFI now focuses on real estate assets alone, replacing the traditional ISF. This change has implications for expatriates, as well as recently returned impatriates.
Portugal is banking on ecological innovations, such as solar power and floating wind turbines, to reduce its dependence on imported fossil fuels.
SIGI BOOSTS PORTUGUESE REAL ESTATE Portugal pursues its strategy of attracting foreign investors. The government has just launched a new system of real estate investment companies. SIGIs are of particular interest to... Read More "SIGI BOOSTS REAL ESTATE IN PORTUGAL
How is capital gains tax calculated in Portugal? This article explains how capital gains tax is calculated for tax residents and non-residents.
The number of new local housing license applications in the municipality of Porto fell by 40% in the first quarter of 2019. Tourism in the city remains in very good health
Retired expat health coverage rules change July 1, 2019
Prime Minister Antonio Costa is threatening to resign if Parliament passes a law to raise teachers' salaries.
Porto has just been ranked second among Europe's most economically attractive cities by the renowned French agency Barne.
EXPATRIATION TO PORTUGAL, THE SALE OF YOUR MAIN RESIDENCE IN FRANCE IS EXEMPT FROM VALUE ADJUSTMENT At the time of your departure to Portugal, it is likely that you have not yet sold your property. Read More "EXPATRIATION TO PORTUGAL THE SALE OF YOUR MAIN RESIDENCE
You are about to sign a permanent contract in Portugal and you have questions about your pension contributions in Portugal.
The Portuguese real estate market is still going strong. In just a few years, it has become the new European Eldorado for French investors.
Portugal has been the preferred destination for entrepreneurs and retirees for the past 7 years.
It is now mandatory to file your French income tax return online.
Moving to Portugal, the TOP 10 best cities
Tourists, retirees, investors, self-employed entrepreneurs, surfers and hikers. They're heading for Portugal.
Retirees living abroad and receiving a French pension must complete an annual certificate of existence.
renting is becoming less profitable than buying in Lisbon. Against this backdrop, the French remain the leading purchasers of property in Portugal.
The government announces a historic result with seven months to go before the legislative elections, a public deficit at its lowest level since 1974.
Am I taxable in France if I live in Portugal More and more of you are asking the following question. Is my pension taxable in France, if my tax residence is in... Read More "AM I TAXABLE IN FRANCE WHILE LIVING IN PORTUGAL
PORTUGAL RETURNS TO SAFE HARBOR! The Troika-led austerity program resulted in a 78 billion euro loan, which did nothing to help. Young people were leaving the country, the... Read More "PORTUGAL RETURNS TO SAFE HARBOR
The 2019 list of the best countries in which to retire, compiled by Retirement Without Borders.
More and more French people are investing in Portugal.
The European elections are approaching and Brussels fears a populist tsunami across the continent.
In 2017, Portugal broke records in terms of tourist numbers and revenue. It welcomed more than 23M tourists and 50M passengers at its airports. While... Read More "TOURISM BOOMS IN NORTHERN PORTUGAL
THE PORTUGUESE JOB MARKET Portugal is a popular destination for French expatriates. Proximity, quality of life, economic development, tax advantages, etc. What's more, Portugal's economic situation makes it... Read More "THE JOB MARKET IN PORTUGAL
Since emerging from the crisis in 2014, the strength of the Portuguese economy has not wavered. Even if the country, which has not escaped the general slowdown, suffered a slowdown at the end of the year. Growth... Read More "PORTUGAL IN GOOD ECONOMIC SHAPE
We thought it would be a good idea to do a little comparison between Portugal and Italy.
VAP Consulting