Portuguese household savings dropped sharply since 1970
Portuguese household savings are three times lower than they were 30 or 40 years ago, official data showed on Saturday, although savings did rise during the pandemic. Household savings in
How will freedom of movement in Portugal change from 2021?
In just a few weeks, when the Brexit transition period officially ends at midnight (CET) on December 31, UK nationals will lose the automatic right to come and go in
Does deflation or inflation pose the biggest threat to Portugal?
If there is one thing guaranteed to strike fear into economic policy makers, it is mention of the dreaded D word. Deflation occurs when prices in general fall for a
Financial Emigration for South Africans
What is financial emigration Financial emigration is a decision that needs to be made when one has decided to permanently move residency, and no longer reside in South Africa. This
US elections and the stock market
With elections looming in the United States, this year was always going to be an interesting stock market year. The global corona crisis was an added bonus for those who
What you need to think about to help future-proof your finances
Not much is certain as we head into the final stretch of 2020. Unfortunately, with no end in sight for the global coronavirus pandemic and still no final word on
Economy in Portugal “recovers” in 3rd trimester
Portugal’s economy has definitely ‘recovered’ in the last three-month period, though the jury is out on exactly by how much. Says Expresso today, economists ‘on average’ saw an expansion of
FAQ’s: Freelancers and the Simplified Regime
Sole Trader Start-up || Part nº 2 When do I have to charge IVA to my clients? IVA (Valued Added Tax) requirements are the same under both methods. Once income
Investing in Biotech
An increase of almost 2900 percent? It happened this year with the shares of Novacyt, a British-French biotech company. On January 30, the share was still trading at around €0.20,
Should you transfer UK pensions overseas? The pros and cons of QROPS
One of the many pension options for British nationals living in Portugal is transferring to a Qualifying Recognised Overseas Pension Scheme (QROPS), but this is by no means a one-size-fits-all