Properties

NHR Transitory Period

NHR – Portuguese Government introduces a welcome transitory period

Dec 03,2023 I In a surprise announcement in early October 2023, the Portuguese government announced the termination of NHR (Non Habitual Resident) which promoted advantageous tax benefits to an individual for a period of ten years. The announcement was received with surprise as it was made without consultation and there were no warning signs that the regime would be subject to change. The NHR programme...

D7 the Nomad Visa

Could the Portuguese D7 Visa be relabelled the Digital Nomad Visa?

Sep 23,2022 | Portugal is attracting an increasing number of digital nomads from across the globe. Following a trend to work remotely was enforced during the Covid-19 pandemic, a new way of working has evolved. Covid-19 changed many aspects of how we live and the acceptability to work remotely has resulted in a greater freedom. This freedom has born a new generation of digital nomads who are able to...

property prices

Housing Market Slowing – but Prices Remain High

Oct 12, 2022 | A scarcity of supply and high interest from foreigners looking to invest in Portugal continue to put pressure on property prices.  By TPN, in News, Portugal, Property 11/10/22 The latest data from the National Statistics Institute demonstrates the loss of momentum in the residential market. According to a report by Dinheiro Vivo, in June of this year, there...

Exorbitant Real Estate Commission Rates in Portugal – Are you getting value for your money? By Ann Laws

Jan 6, 2023 | A contentious subject, not just with property vendors but within the industry itself. Is there justification to charge 5% plus IVA at 23%? Some agencies will even demand rates up to 10% and, surprisingly, there are people who pay this. If money is of no consequence, then, I can understand them being lured by a glitzy office, the aspiration of listing...

Buying Property in Portugal with a Cryptocurrency

Sep 28, 2022 | What is Cryptocurrency? Cryptocurrency is a digital currency, which is an alternative form of payment created using encryption algorithms. Cryptocurrencies have become increasingly popular over the past several years – as of 2018, there were more than 1,600 of them! Portugal has become a hub for crypto traders, primarily for one major reason: Gains made from the acquisition or...

What North Americans Should Know About Portugal Real Estate & Golden Visas

Sep 19, 2022 | The Portugal News recently reported that North Americans are leading the ranking of investment through Golden Visa, with a total of €25.1 million in the first three months of 2022. The majority of these investors are from California, which has a similar climate, landscape, and surf. The demographic of these investors varies from younger professionals who can work remotely to...

The Property Boom in Portugal – Building a New Tomorrow by Ann Laws

Nov 15, 2021 |  “Positive thoughts lead to positive results.” Maria V. Snyder In concurrence with this pertinent statement, the residential property market in the Algarve has bounced back following the Covid-19 crisis and flourishes in tandem with tourism proving that the region remains a popular destination. Such is the confidence and positivity of builders and developers that they...

Brexit drives British millionaires to Portugal for tax and EU perks — but it’s about to get complicated

 Nov 15, 2021 | European visa-free travel and citizenship are behind a 34% rise in Britons moving to Portugal, but are you ready for the countryside? More Britons than ever before have decided to make Portugal their permanent home, with 2020 seeing a 34% rise in those living there, according to the latest data from the country’s borders and immigration service (SEF). Now, the 46,238 official...

Why Choose Portugal? “It’s a no brainer!”

 Nov 15, 2021 | Choosing a destination for relocation, be it for retirement, investment, or a lifestyle change and, irrespective of the pandemic, the Algarve remains a prime choice as verified by many surveys. It is widely recognised, throughout the world, that Portugal handled the advent of Covid-19 with skill and good judgement. At the outset, the Portuguese nation followed government...

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