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...
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Golden Visa in Portugal? Why Madeira?
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...
Golden Visas Limited to Madeira
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;...
Minimum Wage Increase In Madeira Island For 2021
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...
Digital Nomad Paradise
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...
Another reason for Golden Visa in Madeira
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...
Tax Representative and Taxpayer Number
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
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?
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 in Madeira: Everything you Need to Know
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...