INE flash estimate: 3rd quarter growth in Portugal “exceeds expectations”
A flash estimate published today by INE (national statistics institute) suggests growth in the 3rd quarter of this year “exceeded expectations” of economists, coming in at 4.9% on growth registered
Fitch raises rating to “BBB+”, stable outlook
Financial ratings agency Fitch has raised Portugal’s rating from “BBB” to “BBB+”, with a stable outlook. This is the third upgrade of Portugal’s rating, after DBRS and Standard & Poor’s
Inflation in Portugal exceeds double digits
Inflation in Portugal has now exceeded double digits. According to the latest figures released today by INE (national statistics institute), inflation in October reached 10.2%. This is almost a full
Government wants to have “most competitive start up laws in world”
Today is proving to be a day of ‘announcements’. They are coming thick and fast. Portugal’s minister of economy and the sea has been telling a joint press conference with
Portuguese Draft State Budget 2022 – what’s the plan?
The newly formed government, sworn into office by President Marcelo Rebelo de Sousa and headed by Prime Minister António Costa, has released the draft state budget (DSB/2022). As the government
Is it time to consider downsizing your home?
Portugal offers fantastic property opportunities in outstanding surroundings, so it is unsurprising that many Britons choose to retire to their own place in the Algarve. Whether you buy residence or
Why time in the markets matters
When you have worked hard to build up your savings, it is not always easy to decide how best to look after them, especially for your retirement years. You probably
Teleworking regime: alterations introduced
Law 83/2021 of December 6 proceeded to make the 17th amendment to the Portuguese Labour Code, establishing the new legal regime for teleworking, which came into force on January 1,
UK Chancellor’s Spring Budget 2022
UK Chancellor of the Exchequer, Rishi Sunak, delivered the Spring Budget on March 23. Although the statement does not present any significant changes that should affect your financial planning arrangements,
Estate planning in Portugal – five things you should know
If you live in Portugal or have Portuguese assets, you need to review and adjust your succession arrangements to suit the local regime. Ensure your estate will be distributed according