5. Understand Portuguese Taxes and Social Security: Relocating your business to Portugal necessitates Social Security contributions. As an independent professional, these contributions are required, with amounts scalable to your income. Prior Social Security contributions in other countries might be recognized through existing agreements with Portugal, potentially preventing double payments (e.g., EU...
Return to the Blog Our valued currency partner, Global Reach, is a Moneyfacts Consumer Awards finalist! Your vote could win you £1,000. We're delighted to share that Global Reach, our trusted partner for currency exchange, has been nominated for International Money Transfer Provider of the Year in the prestigious Moneyfacts Consumer Awards 2022. Global Reach is known for its dedicated,...
Updated: February 4, 2025 Portugal’s nightlife scene promises excitement for everyone, from intimate Fado experiences to chic beachfront cocktail bars. Whether you envision a starlit evening on a Lisbon rooftop or a breezy night at an Algarve beachside lounge, this guide highlights the finest venues for a night to remember. Each region of...
The luxury real estate world is about to change significantly in 2025, and Portugal is part of this exciting shift. A recent report by Portugal Sotheby's International Realty reveals that women and Millennials are increasingly influential buyers in this exclusive market. The 'Luxury Outlook 2025' indicates that investors from around the world and within Portugal are fueling expansion, with a 20% rise in...
Portugal is gearing up to significantly lower taxes for individuals aged 35 and below. The initiative aims to retain young Portuguese talent and attract young professionals globally.. Under the proposal by Luis Montenegro's government, younger workers will see a decrease in income tax. The measure will be debated during the 2025 budget vote on October 31st. Presently, individuals earning Portugal's...
Lisbon captivates with its rich heritage, blending various architectural styles like Gothic and Moorish, earning it a UNESCO recognition. Imagine strolling along cobblestone streets framed by tile-covered buildings, and breathtaking views from its "miradouros," painting a vibrant day-to-day scene. The city's soul resonates with Portuguese language, music, and cuisine. Fado, Lisbon's soulful music, echoes...
The old BelaOlhão animal feed plant in Olhão's industrial district, across from the Algarve fishing docks, has been purchased for €9.5 million. The municipality revealed that Carvoeiro Branco, the new owners, envision a vibrant, multifaceted development spanning 20,000 square meters; a €300 million venture. The site is slated to become a blend of living spaces and tourism offerings, boasting...
The Douro Valley, nestled in northern Portugal, is a mesmerizing tapestry of breathtaking scenery, a deep-rooted history, and world-class wines. Imagine terraced vineyards cascading down verdant hills, the iconic Douro River snaking its way through the heart of it all – this UNESCO World Heritage site is a harmonious blend of nature's artistry and a vibrant cultural legacy. Whether you're a seasoned...
Winter's gentle embrace makes February an opportune time for budget-friendly travel to Portugal. Explore captivating cities and stunning natural landscapes without the summer's sweltering heat or overwhelming tourist throngs. Celebrate romance in February, and discover why Portugal is the ultimate Valentine's Day escape. Let's uncover the best holiday destinations in Portugal this February. Portugal's...
While the Algarve's celebrated shores teem with life, a hidden gem offers serene solitude. Its balmy waters are perfect for leisurely dips, creating an idyllic escape for those seeking a peaceful coastal retreat. Uncover the Algarve's best-kept secret for warm water. Seeking the warmest waters in the Algarve? Praia da Barreta, nestled on Deserta Island near Faro, holds the...
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