UK tax reforms: What expatriates in Portugal need to know
Itâs a new era in the UK, with the last budget introducing a raft of tax reforms. Some are already in effect; others start with the new tax year on
Ovar auto plant to lay off 364 workers
Japanese Yazaki Saltano plant cites âcurrent critical situation in European car industryâ The Yazaki Saltano auto plant, in Ovar (Aveiro district) has announced it will be laying off 364 workers.
S&P ups Portugalâs rating to âAâ with positive outlook
Ratings agency remains confident in Portugalâs policy The US ratings agency Standard & Poorâs (S&P) raised Portugalâs rating on Friday from A- to A with a positive outlook and could
Turismo do Algarve heads to Valladolid for Wine Tourim Fair
The regionâs tourism board is making its debut at the Fine #WineTourism Marketplace in Spain on March 5 and 6. For the first time, Turismo do Algarve will participate in
How UK investments are taxed in Portugal
Many British expatriates living in Portugal continue to hold the same savings and investments they had in the UK, even if they are living here long-term. While this is understandable,
Portugal is OECD country where it is most difficult to buy a house
This is the worst performance the country has ever recorded Portugal is the country in the OECD where it is hardest to purchase a home, the organization says. In fact,
Portugal Rally had a âŹ183 million impact on the economy in 2024
Tax revenue totalled âŹ22.6 million (âŹ13.6 million from VAT and âŹ9 million from IPS fuel tax) The Rally de Portugal 2024 edition generated an economic impact of âŹ183.3 million, an
Portugal has third highest increase in construction output in EU
Year-on-year, the country registered the fourth largest increase (5.1%) In December 2024, Portugalâs construction sector enjoyed the third highest output in terms of projects in the European Union with a
Portugalâs housing crisis: prices continue risingÂ
House values rise 14.5% in January YoY to âŹ1,774 m2 The median bank appraisal value for housing was âŹ1,774 per square metre (m2) in January, up 14.4% year-on-year and âŹ27
Finance minister âconfidentâ in 2.5% GDP growth in 2025
Growth assured âif economy doesnât suffer any external economic shocksâ In what has to be taken in the context of current extraordinary times, finance minister Joaquim Miranda Sarmento has said