PM vows to cut excessive red tape “holding Portugal back”
Excessive bureaucracy limiting our capacity to grow – Luís Montenegro Portugal’s Prime minister Luís Montenegro has declared war on the country’s excessive bureaucracy, which he insists is holding Portugal back.
Returning to UK: the importance of timing and strategic planning
We usually encourage relocating to Portugal, as we know first-hand the benefits of living here, but understand there are many reasons why you may be considering returning to the UK.
Revolut to launch ATMs and open office in Portugal this summer
ATMs will reach Portugal, particularly Lisbon and Porto, in 2026 Online digital bank Revolut is to open an office in Portugal this summer with an ambition to become the “main
China wants incentives to invest in car manufacturing in Portugal
“We hope the Portuguese government can treat Chinese companies fairly” – Zhao Bentang, Chinese ambassador to Portugal China’s ambassador to Portugal has announced “ideas” that Chinese car manufacturers could set
Mortgages growing at their fastest rate since August 2008
The appetite for mortgage credit remains at high levels The number of people in Portugal taking out mortgages rose to its highest level in April since August 2008, according to
IMF starts top-down evaluation of Portugal’s financial system
IMF will pay special attention to the exposure of the banking sector to real estate The International Monetary Fund (IMF) has begun an exhaustive analysis of Portugal’s banking and financial
Consumer confidence and business climate improve in May
After months of gloomier forecasts, Portugal is showing signs of renewed optimism Consumer confidence bounced back in May, following two months of decline, while the economic climate indicator rose for
Capital gains tax Portugal – an introduction
Like many countries, Portugal imposes a capital gains tax on the sale of assets. It applies to gains made on real estate and investments; personal items are not taxable. Your
Tariffs threaten employment in the Algarve and North of Portugal
The study was conducted by Bruegel, a public European think tank based in Brussels A study from Bruegel has compared the effects of US tariffs on employment at a regional
Portugal’s largest banks post combined net profits of €1.25 billion in 1Q
An increase in lending prevented a fall in profits overall Portugal’s main banks – CGD, BCP, Novobanco, Santander, BPI and Banco Montepio – posted combined net profits of €1.25 billion