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In an effort to promote investment in the country and attracting digital nomads, freelancers, startups and digital entrepreneurs, the Portuguese Government approved Resolution of the Council of Ministers no. 30 / 2020, which sets ou the Action Plan for the Digital...
The mandatory quarantine for passengers disembarked in Madeira will end from July 1, and it will be substituted by the obligation to present or perform a test to COVID-19 on arrival. "For the month of July, it is assumed as a necessary condition to enter the...
Participation exemption is, under Portuguese law, a tax exemption applicable to dividends received from a subsidiary and any possible capital gains ensuing from the sale of that participation. Under the participation exemption regime companies can do business and...
According to the Regional Government, Madeira is the first tourism region to have a destination certification process underway by an internationally recognized multinational. “Madeira was the first region in Portugal to have a manual of good referencing practices for...
One of the fastest routes to obtain Portgual’s Golden Visa, residency by investment program, is through a capital transfer into an investment fund. Under the current Golden Visa rules, one can apply for a residency permit in Portugal (with full free travel access to...
Following the approval of the Portuguese State Budget for the FY2020 the following changes have been introduced regarding the Golden Visa and the Non-Habitual Resident (NHR) scheme: Golden Visa Before the Approval of the State Budget: real estate investment, for the...
There might be a bucket full of reasons as to why you wish to relocate to Madeira, but all experts and consultants on the matter will tell two things: access/re-arrange your income before relocating and always engage Madeiran and your home jurisdiction’s tax experts...
With the prospective opening of borders and travel one destination remains eternal, the "Pearl of the Atlantic", Madeira. This Portuguese autonomous region is not only a beautiful place to live, but also an even more beautiful place to live, find out why. 15 Reasons...
Opening a bank account in Portugal (including in the Autonomous Region of Madeira and the Autonomous Region of the Azores), for companies, has become a somewhat bureaucratic and lengthy process due to European Union laws and regulations, especially for those wishing...
Rising after Covid-19, a "new era" with some economic uncertainty, requires a wise decision to invest in certain frameworks that could alleviate the tax burden, and therefore your personal and/or corporate operational costs. Madeira has the right tools to help you and...