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What will change? The Portuguese Government has published its decree-law introducing substantial changes to the Portuguese Golden Visa programme and thus the following new rules apply to obtain said visa: Capital transfer in the amount of 1.5 million euros or more;...
The two parties that support the majority in Madeira's Legislative Assembly consider it reasonable and realistic to set the regional minimum wage at 682 euros (still the lowest in Western Europe). The proposal, approved by Madeira's Legislative Assembly, of the...
What is a ‘cross-border succession’? A succession is the transfer upon death of the estate — rights and obligations — of the deceased. Rights can be, for example, the ownership of a house, a vehicle or a bank account; obligations can include debts, for example.A...
Digital Nomads in Madeira Islands are on the rise thanks to a joint initiative lead by the Regional Government of Madeira, Portugal's Tourism Board and StartUp Madeira. The current digital nomad village pilot project is being run from Ponta do Sol municipality and is ...
Madeira Island, has asserted itself as a digital nomad paradise not only due to its tax friendly policy towards corporations and individuals, but also due to its internet connection and infrastructure. Madeira benefits from a Submarine Cable Station, hosted in the...
It's that time of of the year again: Henley & Partners have published their Global Passport Index and with it you will find another reason to apply for Golden Visa in Madeira. This year Portugal is ranking #6 in the Top 10 of the world's most coveted passports...
Those relocating to Portugal will soon discover that having a Portuguese Taxpayer Number (locally known as NIF - Número de Identificação Fiscal) is required for conducting business and engaging with governmental authorities for the purposes of almost anything....
Golden Visa in Madeira is on the rise. Here's why. According to Investment Immigration Insider, "Portugal’s golden visa performed admirably; though program investment recorded a 13% reduction, the number of applications approved during the year (1,182) was only 5%...
Do I need to file taxes in Madeira? This is the main question that expats relocating to Madeira ask to us as tax consultants. This is the most simple answer we can give: if you are resident, for tax purposes, yes (this includes non-habitual tax residents status...
Americans are relocating to Madeira Island, Portugal, in search of not only good weather but a safe island cosmopolitan life in Europe. Find out why, American pensioners and digital workers/nomads are choosing Madeira. “Of all islands, the most beautiful and free,” is...