If you have financial interests in Portugal but live outside the European Union (EU) or European Economic Area (EEA), you may be required to appoint a fiscal representative. This guide will explain why a fiscal representative is essential, who needs one, and how it can help you navigate the complexities of Portuguese tax laws. From ensuring compliance with tax regulations to assisting with the application process for a NIF (tax identification number), a fiscal representative can be a crucial partner for non-residents doing business or owning property in Portugal. Read on to find out if you need one and how it can benefit you.
Lisbon is a cosmopolitan and dynamic city, with many different neighbourhoods, each with its own atmosphere and lifestyle. If you're looking for a place to settle down, it's important to compare Lisbon's different neighbourhoods before deciding where to put down your boxes. I'm Lisbob, the expat assistant, and I've come up with my list of the best areas in Lisbon to move to, in no particular order.
Moving to Portugal is an exciting adventure, but it comes with some hidden costs that can catch expats by surprise. From property maintenance to social security contributions, these expenses can add up quickly if you're not prepared. Today, we're uncovering the top 9 hidden costs of living in Portugal to help you plan better and avoid any unpleasant financial surprises. Ready to get the inside scoop? I’m Lisbob, your trusty expat assistant, here to guide you through it all.
Moving to Portugal is an exciting journey, but there are a few secrets locals don’t usually share. These hidden gems and insights can make a huge difference in your expat experience. Today, we’re uncovering the top 9 secrets locals don’t tell you about Portugal. Ready to get the inside scoop? I’m Lisbob, your trusty expat assistant, and I’m here to guide you through it all.
Moving to Portugal is an exciting journey, but it’s easy to fall into some common traps. From underestimating the bureaucracy to mismanaging finances, there are plenty of pitfalls that can make your transition harder than it needs to be. Today, we’re diving into the top 9 mistakes expats make when moving to Portugal and how you can avoid them. By being aware of these, you can ensure a smoother, more enjoyable move. Ready to get started? I’m Lisbob, your trusty expat assistant, and I’m here to guide you through it all.
The rules governing NHR tax status had been extensively modified by former Prime Minister Antonio Costa, and had become virtually impossible to obtain. The new Portuguese government has announced that it wants to reintroduce this famous non-habitual resident status, but not without a few changes. I'm Lisbob, the expat assistant, and I'll tell you all about the return of the NHR status programme.
In a spectacular reversal of migration policy worthy of an April Fool's joke, Portugal has announced that it has found a successor to the famous 'Golden Visa' programme, which was deemed too banal and insufficient. Instead, the new Portuguese government is unveiling with fanfare and fireworks (ecological, of course) its brand new programme: the Supreme Platinum Visa. I'm Lisbob, the expat assistant, and I'll tell you all about this new Portuguese programme.
In a sleight of hand worthy of a tax magician, Portugal's Socialist Party (PS) has launched what could be seen as a lifeline for future tax residents - but there's a catch! The regime for non-habitual residents (NHR), initially condemned to disappear in the State's draft budget for 2024, has been resurrected... but with conditions so strict that they deserve a standing ovation for their creativity. I'm Lisbob, the expat assistant, and I'll tell you all about the 'extension' of non-habitual resident status in Portugal.
Your took the decision to become an expat in Portugal, now is the time to think about what you will do your vehicle. Portugal is fiercely protecting its domestic market and heavily taxing vehicles coming from abroad, European countries being no exception. Although some may qualify for an exemption from the ISV tax, the rules are often unclear and changing so despite a certain attachment and sometimes a significant investment, many expatriates decide to sell their car in former country to buy another in Portugal. Here again the rules are sometimes vague, and we must be careful that the act of buying or selling a vehicle is done in the rules to be protected, whether a new car or a second-hand one. How to buy a car in Portugal ? What are the steps to sell your vehicle ? What to check for when buying a used car in Portugal ? Lisbob, the expatriate assistant in Portugal gives you all the details to buy and sell your car serenely.
Portugal is attracting more and more foreign pensioners who decide to live happy days away from their country of origin. Also, many Portuguese or Luso-descendants who return to their country to retire there. Although each decision has its own reasons, Portugal benefits from several assets that make the country a landmark destination for retirement. Cost of living, security, weather, each retiree will have his own reasons for having decided to retire in Portugal. In order to help you in your decision and remaining as objective as possible, we have listed for you the best reasons to live your retirement in Portugal. Lisbob, the expatriate assistant in Portugal, tells you all about the 10 good reasons to retire in Portugal.
If you want to work as a self-employed entrepreneur in Portugal, then the choice between the simplified accounting regime and the organized accounting regime will come up at a certain moment. This is one of the most important criteria to consider when deciding as a self-employed worker : the deduction of expenses and charges related to your self-employment activity like internet, computer, meals or even Uber ride. Indeed, the choice of accounting when you work as a freelancer in Portugal influences the tax base, in other words the amount of tax to be paid. What are the deductible expenses as a self-employed worker ? What are the charges to be deducted when working as freelancer in Portugal ? Lisbob, the expatriate assistant tells you all about the deductible expenses for self-entrepreneurs in Portugal.
If you decide to live in Portugal and drive there you may be faced with a road accident. Whether you are a victim or a spectator, there are rules and procedures to follow in the event of a traffic accident in order to not aggravate the situation and especially to be in good position with your insurer. What to do in case of road accident in Portugal? What is the correct procedure for insurance? Bob, the Expats Personal Assistant in Lisbon and Portugal tells you everything.
Real estate prices in Portugal continue to rise and Lisbon continues to grow, as does Porto. In the third quarter of last year, the average value of homes sold in Portugal increased by 7% compared to the same period of the previous year, reaching an average of 1,054 euros per square meter. Since the crisis that hit Portugal hard, real estate prices continue to break records and some even speak of speculative bubbles about to explode. According to figures published by the INE (Instituto Nacional de Estatística), some districts have seen an increase of almost 40%, but some areas have seen their prices drop, especially in Lisbon! What is the price of real estate in Portugal? What are the cheapest areas to buy a house? Lisbob, the expatriate assistant in Portugal, gives you this map of property prices in Lisbon and Porto.
You have made the decision to live in Portugal and to embark on entrepreneurship, so this article is for you. Did you know that it is possible to open a business in one hour in Portugal? In recent years, portuguese administration has modernized and simplified the process of setting up a company in Portugal. He has also set up a "Empresa na hora" department (your company within an hour) so that entrepreneurs can save time. What are the stages of creating a company ? How to start your business in one hour in Portugal ? Lisbob, the Expatriate and Entrepreneur Assistant in Lisbon and Portugal tells you everything.
If you make the decision to live and work in Portugal as a freelancer, then you will have to fill out and issue Recibo Verde. This is the invoice that formalizes your service and the transfer of money between buyer and seller of goods or services. This allows Finanças to be aware of all activities and for you to know exactly what you sold. As a self-employed worker in Portugal it is possible to do it online but it is however very important to inform all the information in order to avoid huge fines. How to fill and a recibo verde ? What are the steps in order to issue an invoice in Portugal ? Lisbob, the Expats Assistant in Lisbon and Portugal, tells you everything about how to fill and issue a Recibo Verde in Portugal, step by step.
"Contribuente on the bill?" This question comes back eternally when one lives in Portugal and for those who do not know this subtlety of the Portuguese system are surprised and do not necessarily understand everything on this subject. Is it obligatory to communicate it? What is the risk if we do not give it? What can be earned by giving it? Lisbob answers you right away.
Sharks sometimes come to have fun near the Portuguese coast, and that's what obviously happened this Sunday, August 2nd. three Algarve beaches have hoisted the red flag after a shark was spotted near Tavira. The beaches on which the red flag was raised were Terra Estreita, Barril and Ilha de Tavira. Lisbob, the expatriate assistant in Portugal, tells you all about the return of sharks to the Algarve.
The Union of Trade Unions of Lisbon, the USL, unveiled last Friday the latest figures concerning the remuneration of workers in the Portuguese capital. The average salary in the district of Lisbon is currently 1,171.9 euros monthly, but 17.7% of workers receive less than 600 euros and 29.2% earn between 600 and 900 euros. These figures, to which everyone can say what he wants, show in any case large wage inequalities in a capital whose cost of living has continued to explode in recent years, to become ultimately more expensive than other European capitals. Also, corporate bankruptcies have halved since the peak of 2015, but remain at a high level. What are the wage figures of the Lisbon workers? What is the wage trend in the Portuguese capital? Lisbob, the expatriate assistant in Portugal, tells you all about these figures released by the USL.
If you are working in Portugal, then at some point you may need to be on sick leave. Not that the weather in Portugal is wetter than you thought (though), but that it's okay to get sick and sometimes essential to let your body or mind rest and heal. Whether you are an employee or a self-employed person, it is possible to take leave for medical reasons. It is important to know your rights as well as your duties with the Portuguese social security, especially when you do not master the language or the laws of your country of expatriation. In order to avoid unpleasant surprises, we have gathered the essentials of what you need to know in terms of sick leave and sick leave in Portugal. Who has the right to take sick leave? How much do you receive health benefits in Portugal? How to go on medical leave? Lisbob, the expatriate assistant in Portugal, tells you all about the sick leave and sick leave in 2020.
Portugal is a country for whom abortion was illegal until 1984. After some minor changes in the law, it was not until 2007, and after a national referendum, that the law was passed. included the possibility of interruption of pregnancy at the request of the Woman. What are the rights of women regarding abortion in Portugal? Where to go and how to practice? Bob, the Personal Assistant of those who live in Lisbon and Portugal tells you all about voluntary interruption of pregnancy in Portugal.
You know Lisbob and his outspokenness: it is summer, and to relax the atmosphere Lisbob wanted to take stock of these famous infrastructure or renovation projects which have still not seen the day in Portugal, despite recurring announcements and sometimes even several inaugurations. Of course, this problem exists in other countries and Portugal is not the worst. Still, 30 years to decide to build an airport is a long time, and it is risky to decide on end dates when a project is "launched". In question, a mixture of disorganization, improvisation, corruption but also of crises of all kinds. Lisbob, the expats assistant, has prepared for you the top 5 projects that take a little time to come to fruition in Portugal. If we forgot one, please let us know in the comments.
If you have symptoms related to covid-19, you may be diagnosed. The Regional Health Authority of Lisbon and Vale do Tejo (ARSLVT), in compliance with the principles of equity, quality and proximity of healthcare provided to the population, has reorganized human and material healthcare resources primary health and created 35 zones dedicated to the diagnosis of coronavirus in the region. This Thursday, the map with the network of these areas was unveiled. Lisbob, the expatriate assistant in Portugal, offers you the complete list of coronavirus screening locations in the Greater Lisbon region.
You made the decision to come live and work as a freelancer in Portugal? As a self-entrepreneur there are certain obligations that you must respect in terms of insurance. The subject may seem nebulous when one does not know Portuguese language and legislation but it is important to know your obligations as a freelancer in Portugal. What are the compulsory insurance as a self-employed person in Portugal? Do I have to take a professional multi-risk for my auto-entrepreneur activity? Lisbob, the expats assistant in Portugal tells you everything.
