Economy & Finance

On January 19, 2017, a new measure (Portaria nº 34/2017) came into force giving the employer financial support for the creation of jobs for the unemployed registered with the Instituto

Are offshore trusts back on the agenda? A recent move by the Portuguese government surprised the expat community by declaring the immediate removal of 15 tax jurisdictions from their offshore

When the European Central Bank president attended the European Parliament’s economic affairs committee Mario Draghi’s observations were in line with what could have been expected. The ECB is not, as

Now that British Prime Minister Theresa May has outlined her negotiating plans for Brexit, what do we know about how it might affect expatriates in Portugal? While there is still

This last week was not the highlight of sterling’s long and chequered career. The pound lost one and a quarter euro cents and even contrived to give away a third

2017 is here. Your New Year’s resolutions are in full swing and yearly travel plans and holidays are being researched. Now as always it is time to predict, assign, keep

If you live in Portugal or have Portuguese assets, make sure your estate planning is in order. While the local equivalent of inheritance tax is relatively straightforward, succession law here

Neither the British nor the Euroland statisticians had much to say for themselves. The monthly round of provisional purchasing managers’ indices, in which the UK does not participate, indicated that

Many British expatriates close their UK bank accounts and open new ones in offshore centres once they leave the country. They may not have a choice if their bank does

Income is reported in different categories: A) Salaries, B) Sole Traders, E) Capital, F) Property, G) Capital Gains and H) Pensions and is taxable in Portugal regardless of its origin.