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The Spanish pensioners are joining the French, Germans, Swedish and Finns in retiring in Portugal and taking advantage of Portugal’s Non-Habitual Resident tax regime.
The Spanish pensioners are joining the French, Germans, Swedish and Finns in retiring in Portugal and taking advantage of Portugal’s Non-Habitual Resident tax regime.

Apr 3, 2019 Economy

Spanish pensioners move to Portugal for tax benefits. The spanish newspaper says the “people are hospitable,” the “cities are attractive,” it highlights Lisbon, Porto and Braga and mentions the “vast rural landscape,” “healthy diet” and “wild unspoilt coastlines”. ABC states that interest from British citizens has also picked up over Brexit uncertainties with the Lisbon and Porto regions attracting most applications for the NHR regime as well as the Algarve and Madeira. Retired Spanish over 65 group are opting to move to Portugal to avoid paying higher taxes in their own country. ABC states the moving to Portugal means saving thousands of euros in tax payments.

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Popular festival of São Pedro at Praia do Carvoeiro
Popular festival of São Pedro at Praia do Carvoeiro

Jun 27, 2024 What's On

Organized by United Carvoeiro Futebol Clube, the Union of Parishes of Lagoa and Carvoeiro promotes the Arraial Popular de São Pedro, on June 29, from 6pm to 00:00 in the area surrounding the Polidesportivo da Praia do Carvoeiro. An option for the whole family and friends to have fun to the sound of music, with drinks, pork on a skewer, sardines and many snacks, whose initiative is organized by the United Carvoeiro Futebol Clube (UCFC), with the support of the Union of Parishes of Lagoa and Carvoeiro, Municipality of Lagoa and Dos Santos Craft Beer.

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Portugal voted Europe's best tourist destination for the fourth consecutive year in  2020 World Travel Awards
Portugal voted Europe's best tourist destination for the fourth consecutive year in 2020 World Travel Awards

Nov 3, 2020 General

Portugal was elected, for the fourth consecutive year, the Best Destination in Europe in the 2020 edition of the ‘World Travel Awards’, the ‘Oscars of Tourism’, a distinction awarded by professionals in the sector whose ceremony, this year, took place in virtual format. The city of Porto won the award for Best Destination ‘City Break’ (short trips) in Europe. Lisbon took the award for Best European Cruise Destination and the Algarve was again the Best Beach Destination in Europe and Madeira archipelago the best island destination in Europe. In total, Portugal received 21 awards in the tourism sector, in the various categories.

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New driving licence launched
New driving licence launched

Jan 19, 2021 General

A new style of driving licence has been launched in Portugal, featuring an innovative design and an improvement to security validation. This design has resulted in combining offset and screen printing techniques, creating a more harmonious visual aspect of the background with anti-copy motifs - guilloches, microtexts and lines of variable thickness - which cannot be reproduced by conventional means.

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Property tax breaks for over 35s in Portugal
Property tax breaks for over 35s in Portugal

Jun 25, 2024 Economy

The tax benefit on the purchase of the first home in terms of IMT and Stamp Tax (IS) also benefits those over 35 years of age, as long as they purchase a property together with an eligible young person (under the age of 35)

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