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We welcome the initiative of the Regional Government to consult, within the scope of its economic diplomacy agency (Invest Madeira), those responsible for the overwhelming majority of foreign investment in the Autonomous Region of Madeira, the management companies...
The Assembly of the Republic has approved on July 23, some amendments to Portugal's Nationality Law. The approved amendments aim to ease the access to Portuguese nationality for grandchildren, spouses or non-married partners of Portuguese citizens. Those who are...
The MIBC The Madeira International Business Center (MIBC) is a set of taxation incentives, granted since the 80s with the objective of attracting inward investment into Madeira, recognized as the most efficient mechanism to modernize, diversify and internationalize...
Portuguese Central Bank's position on cryptocurrencies Since there is no central entity that guarantees the irremovability and finality of payment orders, the virtual currency cannot be considered a safe currency, as there is no certainty of its acceptance as a means...
The Government of the Autonomous Region of Madeira (RAM) has defined, in relation to the Standardization Plan for Air Accessibility, to be in force as of July 1, with regard to travelers to the airports of Madeira and Porto Santo: Filling out and submitting the...
In international taxation one can seldomly have the best of both worlds. However, Portugal is proving otherwise, thanks not only to the Madeira International Business Centre, but also to the Non-Habitual Resident (NHR) tax regime. Created in September 23rd, 2009, the...
In recent years Portugal has been considered a safe haven for several expats and foreign investors, who in turn have contributed on a large scale to the improvement of the Portuguese economy, by investing in the real estate sector, sometimes simultaneously associated...
Starting July 1, Madeira and Porto Santo, Portugal, will be open to international travelers. To ensure security for both visitors and residents, all people traveling to the Atlantic islands will have to either present a negative test done within 72 hours prior to...
Portugal Portugal was awarded the "Safe Travels" seal by the World Travel & Tourism Council (WTTC), which aims to certify destinations that comply with hygiene and safety rules and aims to give confidence to those who travel after restrictions to avoid the spread...
The Netherlands to change tax law by introducing a withholding tax on dividends. The change is expected to come into effect in 2024, and to be only applicable to dividends sent to countries that have a corporate tax rate of under 9 percent and are included in the EU’s...