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Tips, Retire
Marc Martin - Portugal
Do You Need a Fiscal Representative in ...

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.

Do You Need a Fiscal Representative in Portugal? A Complete Guide for Non-EU Residents
Culture & Tradition, Visits
Marc Martin - Portugal
Top 9 of Lisbon's best districts to live in

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.

Top 9 of Lisbon's best districts to live in
Culture & Tradition, Tips
Marc Martin - Portugal
9 hidden costs of living in Portugal

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.

9 hidden costs of living in Portugal
Culture & Tradition, Tips
Marc Martin - Portugal
9 secrets locals don’t tell you about Portugal

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.

9 secrets locals don’t tell you about Portugal
Culture & Tradition, Tips
Marc Martin - Portugal
9 mistakes expats make when moving to Portugal

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. 

9 mistakes expats make when moving to Portugal

bank Portugal

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Novo Banco loses 1.4 billion euros again and all taxpayers in Portugal will have to pay : 140 € per person

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Novo Banco loses 1.4 billion euros again and all taxpayers in Portugal will have to pay : 140 € per person

Novo Banco is the "new bank", named after the bankruptcy of the BES, Banco Espirito Santo a few years ago and continues to plague the accounts of Portugal and Portuguese. Indeed BES no longer exists since 2014 but its "new bank" comes losses of 1.4 billion euros and calls for resolution fund under the equity mechanism. More than half of this amount results from losses recorded in problematic assets inherited from the BES, and more than 350 million euros are due to regulatory requirements. But when Novo Banco loses money, all Portuguese taxpayers have to pay. Indeed the Resolution Fund is a fund powered by public money. In total, each Portuguese taxpayer will contribute € 140 to save the Novo Banco again. How will Portugal's finances be impacted? Lisbob, the expatriate assistant in Portugal, tells you all about this new loss of Novo Banco.

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Instant 24/7 bank transfers arrive in Portugal

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Instant 24/7 bank transfers arrive in Portugal

If you already live in Portugal, then the banking system and its peculiarities may have surprised you. Having to wait for a long time for the distributor to pay his bills or hurry up before 3 pm to hope that his transfer starts on time, is a common thing in Portugal. But things will change. Indeed, it is now possible to make immediate bank transfers, that is to say in a few seconds. The Bank of Portugal announced on Wednesday 19 September that its payment system already allows immediate transfers, even between different banks. Immediate shipments can be made 24 hours a day, 7 days a week, 365 days a year. Funds are available in ten seconds. The bank supervisor pointed out that adherence to this system is optional on the part of financial institutions. How does this immediate transfer system work? What are the conditions? Bob, the expatriate's assistant in Portugal, tells you everything about immediate transfers.