EU nations agree to eurozone banking union
By Paul Beckwith European finance ministers have agreed a deal to give the European Central Bank new powers to police eurozone banks, embarking on the first step in a new
Renting your property is a win-win situation
By: Tony Van Aken During 2012, Portugal has been a major destination for holiday homes rentals. Even during the economic crisis, the results in this country have been very good,
Tax Regime for Non-Habitual Residents
By Dr. Eduardo Serra Jorge Decree-Law 249/2009, dated September 23, approved the Investment Tax Code, outlining several measures with the purpose of attracting foreign investment to Portugal. One of the
All eyes on the US fiscal cliff
By Bill Blevins No sooner was the US Presidential election done and dusted than attention turned to the looming “fiscal cliff”. Over in the US it is big news, with
Taxman Obtains List Of Jersey Bank Accounts
By Bill Blevins Information on over 8,000 HSBC Jersey clients has been leaked to the tax authorities. Half of the names on the list are UK residents, while the rest
HMRC ignores plea to reinstate Guernsey QROPS
by Paul Beckwith HM Revenue & Customs has blocked moves by Guernsey QROPS providers to reinstate pensions for retirement savers who do not live on the island. QROPS is short
More than 735,000 empty houses
There are currently more than 735,000 empty domestic properties all over Portugal. Overbuilding and the economic crisis intensified the situation, and several housing development projects, while totally finished and habitable,
Retirement and Savings – The Facts on Inflation
by Raoul Ruiz Martinez With all of the usual contradictory measures and quotes coming out of the financial press, one in particular reminds us of the peculiar circumstances that face
Location, Location – It’s all about location!
A key feature of the conversations we have with prospective buyers at the moment is about ‘getting a good deal’. There’s been a lot of hype in the overseas media
UK Taxman Looking At Overseas Property
by Bill Blevins The UK tax authority HM Revenue & Customs has issued another warning against hiding assets offshore, and this includes overseas property. Many British residents own property in