Madeira housing prices are on the rise in the first quarter of 2020, confirming the Island's position as an investment destination where expats can not only benefit from Portuguese Golden Visa program and the Non-Habitual Resident tax status but also independent...
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The Real Estate Market in Madeira
Madeira Island’s real estate market has been booming in the last couple of years, offering a wide variety of real estate investment opportunities to those looking for a truly international real estate market and without the inflated prices that have been afflicting...
A Small Guide to Living in Madeira
“Of all islands, the most beautiful and free,” is the Madeira’s motto. Backing up this assertion, H.N. Coleridge once said: “I should think the situation of Madeira the most enviable on the whole earth. It ensures every European comfort with almost every tropical...
MIBC: ready for business
Portugal has one of the most important tax policy tools in Europe, the Madeira Free Trade Zone, internationally known as the International Business Center of Madeira (MIBC) and it is ready for business. Intended for the internationalization of Portuguese and foreign...
Portuguese Registry of Beneficial Owners
The Portuguese Registry of UBOs (Beneficial Owners) is the transposition of the Chapter III of Directive (EU) 2015/849 of the European Parliament and of the Council. Portuguese companies must identify the UBOs, ie those individuals “ who, in any event, has their...
Armed Security on Board Made Legal
The Presidency of the Council of Ministers of the Portuguese Republic has approved armed private security onboard Portuguese registered ships, including those registered in the International Shipping Registry of Madeira (MAR), through Decree-Law 159/2019 of October...
MAR introduces Electronic Certificates
The International Shipping Register of Madeira (MAR) is now issuing ships’ electronic certificates and documents. In line with national policies concerning digitalization within public services and administration, the Portuguese maritime administration has also taken...
NHR Regime – Update of Procedures
Following the publishing of the new list of “high value added activities” applicable to non-habitual residents (NHR) that register from 2020 onward, the Portuguese Tax Authority (AT) has decided to change the way which it controls how the high value added activities...
Madeira’s Ship Registry is World’s TOP 15
Portugal and its national merchant navy have recently been the subject of very positive analyzes by both the Organization for Economic Cooperation and Development (OECD) and the United Nations (UN). The reason: the International Ship Registry of Madeira (MAR) In the...
Starting Up in Madeira
The Autonomous Region of Madeira has since the 80s, a low tax system is known as the Madeira’s International Business Center, or MIBC. Since Portugal’s accession to the EU, the MIBC has been subject to several revisions and approvals from the European Commission....