by Jannik | Oct 13, 2023 | General
(Blog post filled with sources and references to provide accurate knowledge!) Do you know better? Comment with links! The year 2023 brought forth a tide of substantial changes to Portugal’s coveted Non-Habitual Resident (NHR) regime, stirring both concern and...
by Jannik | Oct 10, 2023 | General
Just weeks after the earlier discussions surrounding the potential discontinuation of Portugal’s Non-Habitual Resident (NHR) scheme, we have a substantial update to share. The State Budget Proposal for the upcoming year has been officially presented, and it...
by Jannik | Oct 10, 2023 | General
In an unforeseen announcement on Monday, October 2, Portugal’s Prime Minister revealed plans to phase out the unique tax regime for new non-habitual residents (NHR) by 2024. This revelation sent ripples through the real estate sector, as both investors and...
by Jannik | Oct 10, 2023 | General
In recent years, Madeira has been witnessing a significant shift in its demographic landscape. The number of foreigners making the archipelago their home has reached record highs, reminiscent of figures last seen in 2008. As of December 2022, 11,793 out of...
by Jannik | Oct 9, 2023 | General
The real estate landscape in Portugal, particularly in the regions of Algarve, Lisbon, and Madeira, has recently faced a significant downturn, with house sales plummeting by over 25%. The latest data from the National Statistics Institute (INE) paints a sobering...
by Jannik | Oct 3, 2023 | General
Portugal is currently grappling with a significant housing crisis. The convergence of an influx of foreign buyers and the challenging European financial landscape is escalating living costs, making it increasingly challenging for the average Portuguese citizen. This...
by Jannik | Jun 15, 2023 | General
Renting out properties can be a rewarding venture, but it’s important to understand the regulations and considerations specific to the Portuguese rental market. Whether you’re a local resident or a foreign investor, this blog post aims to provide valuable...
by Jannik | May 14, 2023 | General
Living as a British expat in Portugal offers numerous advantages, including the tax-friendly environment provided by Portugal’s Non-Habitual Residence (NHR) regime. However, when it comes to the taxation of dividends from UK companies, there are certain...
by Jannik | May 5, 2023 | General
In an effort to address the growing lack of affordable property in Portugal, the government has announced that it will be ending the golden visa program. Introduced in 2012, the program allows foreigners to obtain residency by investing in Portugal, typically by...
by Jannik | May 4, 2023 | General
If you are planning to obtain Non-Habitual Resident (NHR) status in Portugal, it is important to understand the deadline for applying. According to the authorities, a tax resident must apply for NHR status by March 31st of the year following the year they became a tax...
