It is now possible to pay your Portuguese taxes from abroad, even if you do not have a Portuguese internet banking system.

Technical Specification of construction of property (Ficha Técnica da Habitação ou B.I. da Propriedade) its a document issued by the Engineer, indicating all materials used on the construction of properties with Utility licence dated after March 25th of 2004 as per the law no. 68/2004. This document is also request to all properties which have undertaken any alteration/extension and a new utility licence dated after March 25th 2004 has been issued replacing the old utility licence ..This document will become mandatory not only for properties, as now happens, but also for non-residential buildings, such as; shops or offices, among others.

Portugal has been recognised as the best place in the world to retire to in 2023 according to the Annual Global Retirement Index from International Living.

Portugal was the country of choice for US, French and Italian nationals looking to buy a retirement or second home in Europe in 2018. According to a study produced by ListGlobally, the largest online property platform in the world for house seekers, Portugal was the number one property investment destination for the French (34%), Americans (5.68%) and Italians (6.04%). In 2018 the intention to buy from overseas citizens was centred mainly around Faro (22%), Lisbon (11%) and Setúbal (8%). Théo Plantier, who focuses on the Portuguese market for ListGlobally states that “Portugal is a very attractive country because despite an across-the-board rise in house prices per square metre, it is still one of the cheapest countries in Europe to buy a house, representing 20% of all of house sales.

Exemption will remain for those who already have it but new applicants will have a minimum tax. The government is now looking to make slight changes to these benefits. The idea is to keep the benefits for those that already have it and there will be reductions on new applications.