All of the people all of the time
THE EURO started the New Year full of expectations. In December, the European Central Bank hiked the base Eurozone interest rate for the first time in over two years, and
Portuguese economy will only start growing in 2009
THE GOVERNOR of the Bank of Portugal, Vítor Constâncio, said last week that the current government investment schemes would only bear fruit in the long term. The financial wizard stressed
The Edwards – Report the beginning of the end for tax evasio
THE OFFSHORE Island Review, chaired by a retired Treasury civil servant Andrew Edwards, was published in November 1998. Despite a diplomatic gesture in referring to the UK offshore islands as
Why British expatriates need to be prepared for pensions
Why British expatriates need to be prepared for pensions A-Day AS PART of the UK Pensions Simplification proposals, important changes have taken place that British expatriates should be aware of.
TGV to create 100,000 jobs
PORTUGAL’s HIGH-speed rail project, linking Lisbon to Porto and Madrid, should create 100,000 jobs over two years. The numbers were revealed by the Ministry of Public Works, Transport and Communications
The EUSTD – the devil in the detail
THE EUROPEAN Union Savings Tax Directive (STD) came into force on July 1, 2005. There were 14 years of negotiations between Member States prior to its signing, along with plenty
Government measures as useful as aspirins for seriously …
Government measures as useful as aspirins for seriously sick patients MARQUES MENDES, leader of the Social Democratic Party (PSD), said recently in parliament that the current economic measures being taken
Spanish property companies bet on Portugal
PROMOTING PROPERTIES in Portugal was one area responsible for the success of the Spanish Property Market in 2005. According to statistics published in a report by property consultants DBK, 89
Delivering the letter to Garcia
THERE ARE several wars in this world of ours. For example, between men and women who are destined to misunderstand each other, since they want different things. Another war is
Understanding income tax for expatriates
ONCE YOU have retired to Portugal and/or live there for 183 days during any Portuguese tax year (the calendar year), you become a Portuguese tax resident and liable to pay