Study paints “alarming” picture of students’ financial literacy in Portugal
78% of students queried had no idea what Euribor or spread means, while nearly half didn’t understand concept of inflation A new study from the Polytechnic Institute of Viseu has
Government presents 30 measures to reduce Portugal’s fiscal bureaucracy
Objective: to simplify procedures for businesses/ families Today’s Council of Ministers, has seen the government approve a set of 30 tax simplification measures, the vast majority of which focus on
Incentives for young people – access to housing
Since August 1, measures are in force to promote access to housing for young people, with a view to strengthening personal and family stability, leading to wealth creation and the
Invest wisely for a brighter financial future
Hi, my name is Matthias Spott. My family and I relocated to the Algarve two years ago. You could say we have a bit of history here; we actually tied
New report reveals NHR tax holders risk future tax burdens without early planning
A newly released report, “Wealthy Expats in Portugal Survey Report 2024,” reveals that the majority of affluent expats holding NHR tax status have not taken early measures or sought professional
Portugal welcomes €4.1 billion of foreign direct investment during first half of 2024
Total foreign investment in Portugal represents 67% of GDP Foreign direct investment in Portugal totalled €4.1 billion in the first half of the year – €1.6 billion of which was
The multi-manager investment approach – specialists vs generalists
Multi-manager investment enables your portfolio to be managed by several different fund managers, each selected for their expertise in specific market sectors. This ‘open architecture’ approach reduces your reliance on
156 Portuguese among 3 million hoodwinked in crypto pyramid scheme
Over 150 Portuguese citizens are among the three million or so worldwide who lost out – in some cases losing their entire life savings – in a crypto-currency scam dubbed
NHR Tax Holders Faced Massive Tax Bills due to Lack of Planning
Many wealthy expats in Portugal are enjoying the tax benefits of the Non-Habitual Resident (NHR) tax regime. However, for some, a rude awakening awaits them at the end of the
Mortage payments rise 40% on same time last year
Average mortgage repayments rose again last month to €370 – €9 more than people were paying the month before, reports statistics institute INE. Compared with the situation this time last