For the first time, the Algarve has picked up the award for the Best Beach Destination in the World from the 2020 World Travel Awards. Following being given the distinction at a European level, the Algarve has beaten off competition from around the world to be crowned the best beach destination, coming ahead of 18 other nominees which included destinations in the Maldives, Thailand, Jamaica, Mexico and the USA.

The state budget has changed the formula for calculating vehicle tax applied to second hand cars imported from the European Union and has begun to take the environmental component into account to reduce tax depending on the age of the vehicle.

The American economy site Business Insider has put together a list of 100 beaches from around the world that all citizens should visit "at least once in life"and two of them are in Portugal (Algarve), Praia de Benagil, and Caneiros Beach (in the municipality of Lagoa) , are considered by the site "must-see".

Forbes magazine has chosen Portugal as one of the 10 "cheapest" places to live, particularly for US citizens. Affordable living costs and the ease of obtaining residence visas has put Portugal in the sights of North American citizens.

Approved in Parliament on the 17th July 2018, the new law of Local (AL) may start to create problems for economic operators of real estate in the coming months. The measure only enters into force after 60 days of its publication in Gazette, but this should happen over the next few weeks. Learn more.