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Finance and Insurance in Portugal

Finance and Insurance Sending your money abroad When sending your money to and from Portugal, using a foreign exchange provider as an alternative to your bank could potentially save you up to 3% on the rate of exchange offered. When buying property this could reduce the property price substantially. Axia Fx were one of the first non-bank provider to offer private commercial foreign exchange and as such have been in the...

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Living in Portugal

Portugal is one of the most popular overseas locations with Britons considering moving abroad for a better lifestyle whether before or after retirement. For an honest reality check, we give you the...

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Finding Work in Portugal

The Job Market in Portugal It may be relatively easy to find casual and temporary jobs in Portugal in the tourist industry, finding employment for skilled workers presents more of a challenge. Typical...

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Meeting New People in Portugal

Meeting new people There are about ten million people living in Portugal. Almost two-thirds of them live in the coastal fourth of the country, with the capital city, Lisbon, and its surrounding...

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Shopping in Portugal

Shopping Malls in Portugal Portugal is more known for its charming easy-going attitudes, scenic lanes, old city architecture, port wines and bossa nova.  If opting to shop in Portugal it  is more contemporary than you might...

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Inheritance and Gift Taxation in Portugal

Inheritance and Gift Taxation (Imposto sobre as sucessoes e doacoes) Taxation is levied upon Inheritance of a Portuguese property or if you give the Portuguese property away. The relevant rates vary depending...

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Paying Income Tax in Portugal

Income Tax Non-residents are obliged to make an annual return for income tax if they receive income from letting property. For non-residents, income on rental profits are taxable in Portugal at a...

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Property Tax in Portugal

Taxation of Portuguese property The taxation system resembles that in the rest of the EC. Purchase of real estate by non-residents does not require prior authorization by the Portuguese foreign Trade Institute,...

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transfer funds to Portugal

How do I transfer funds to Portugal for the purchase of a property? Foreign funds can be paid into any nominated bank account in Portugal. Usually this account will be the estate...

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Letting a Property in Portugal

If you are considering letting your property in Portugal then check your calculations first, Although there is an increase in demand for tourist accommodation you need to consider if your rental...

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Buying a Property in Portugal

Portugal property market overview Since the early 1960s, Portugal, in particular the Algarve, has been one of the most popular holiday destinations from the UK and the rest of Europe and its...

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