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As I mentioned in the first article, this second article will focus on a brief analysis of the property market in Portugal, with a special focus on Madeira Island. Why Madeira Island, and why investors should really start looking into Madeira Island as a new focal...
Although the advent of vaccines showed a light at the end of the tunnel to solve the pandemic crisis, we are still far from solving the serious economic crisis that will follow. There are doubts as to whether the government measures in the various countries to...
Golden Visa in Portugal, a residency and citizenship by investment program, is having some of its rules changed when it comes to the investments requirements that allow someone to take up residency (and eventually citizenship) in Portugal. One of the changes the...
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....