Money

Portugal’s new finance minister and ex-mayor of Lisbon, Fernando Medina, delivered the government’s State Budget for 2022 at the end of last week. The two new main takeaways are that because of [...]

Tax benefits under Portugal’s NHR scheme for foreigners moving to and living and working in Portugal have skyrocketed by 44% to their highest level since the regime was created in 2009. The [...]

A financial black hole left by Banco Espírito Santo which collapsed in 2014 got €550 million larger in 2020 and now the total stands at nearly €7Bn. It means that scores of investors may never [...]

Portuguese companies pay 69% more for loan servicing than other countries in the rest of the European Union. According to Público and based on ECB statistics from 2016 to 2019, it can be deduced [...]

Buying goods such as books, music and other items is about to get more expensive for British, US and other non-EU citizens living and working in Portugal. New rules governing online commerce and [...]

Private individual debt hit a five year maximum in January 2021, increasing €2.15Bn on the same month last year. According to data from the Bank of Portugal, family debt increased to €141.4Bn at [...]

The Bank of Portugal has issued a warning over Bitcoin and other cryptocurrencies as Bitcoin, the most famous of these currencies in the world, reached new historic highs and then plummeted 15%. [...]

Have you ever thought about operating a business in a place that enjoys over 3000 hours of sunshine each year? What about making a deal on the green of any one of the 40 award-winning golf [...]

Portugal’s Recovery and Resilience Plan includes a €1.25Bn public home building deal to be invested over the next seven years. The announcement was made by Pedro Nuno Santos, the minister for [...]

Financial entities based in the United Kingdom have been investing considerably in Portuguese syndicated pubic debt since the UK referendum in June 2016. Syndicated debt is issued by the [...]