Resurgence in Portugal’s Real Estate investment following proposed reinstatement of Golden Visas

by Portugal Property Advisors | Aug 29, 2024 | Economy

The previous Portuguese administration under António Costa discontinued the golden visa program, which initially seemed to slow foreign direct investment (FDI) in real estate, as evidenced by declining transaction numbers and values. However, the trend...

Portugal’s Booming Construction Industry: Growth Spurt or Passing Trend?

by Portugal Property Advisors | Jun 10, 2024 | Economy

Portugal’s construction sector is witnessing a boom, exceeding a production value of €20.1 billion in 2023. This marks a significant 7.5% increase compared to 2022. While this sounds impressive, it’s important to delve deeper. Some...

Know the new immigration measures for Portugal

by Portugal Property Advisors | Jun 5, 2024 | Residency

The Portuguese government, led by the prime minister Luís Montenegro, announced a comprehensive set of 41 measures to improve immigration and asylum processes. Here’s a breakdown of the key areas addressed: Strengthening AIMA (Agency...

Portuguese Government approves maximum IRS of 15% for young people up to 35 years old

by Portugal Property Advisors | May 24, 2024 | Economy, Tax

The Portuguese government, led by Prime Minister Luís Montenegro, has approved a measure to reduce the maximum IRS (personal income tax) rate for young people under the age of 35 to 15%. This measure will …

Your Guide to the European Health Insurance Card (EHIC)

by Portugal Property Advisors | May 20, 2024 | Travel

Planning a trip to Europe? The European Health Insurance Card (EHIC) can be your lifesaver in case of unexpected medical needs during your stay. This article provides all the essential information about the EHIC, ensuring...