Europe’s latest tech hub and entrepreneur paradise is Portugal! You’ll never guess why…
Portugal is Europe’s newest tech hub. But you wouldn’t know it if you didn’t know where to look.
Archive for 'Finance'
Euro QE will boost Algarve property market
ECB announces €1 tn. in quantitative easing
Euro zone policy makers dance to German tune
Cheaper euro will also help Algarve property sales to Brits
All indicators now solidly behind a market recovery
Portuguese economy in positive territory but deflation is a problem
Portugal makes clean exit from bailout
Demand for Portugal’s bonds drives down yield
Positive trends in economic climate and GDP continue
Deflation is an obstacle to growth… but will the ECB act?
10 reasons why NOW is the best time in a generation to buy Algarve real estate
Portuguese property values have been static or falling for the past 6 years, but there is plenty of evidence to suggest that the cyclical downturn is coming to an end. Here are 10 reasons why the market is poised for recovery, and why now is the best time in 25 years to buy Algarve real estate:
Portugal: Europe’s newest tax haven for retirees
Attracted by a new tax regime, Europeans from high tax jurisdictions are now flocking to Portugal
Benefits include tax exemption of pensions and other foreign passive income
Domestic income from high value-added occupations is taxed at relatively low flat rate
2013 the “best year ever” for Portuguese tourism
Statistics for 2013 show healthy growth from external markets
Tourism contributes to a positive trade balance and job creation
Further growth limited by lacklustre domestic demand
Ponte da Piedade, Lagos
Enforcement of Alojamento Local legislation likely to be stepped up
The law (Decreto Lei no. 39/2008) requiring all holiday rental properties to be licensed for alojamento local (“AL”) has now been in force for nearly six years.
Portuguese Golden Visa scheme delivering decisive market stimulus
The Portuguese government offer, launched in August 2012, to grant residency to non-EU nationals purchasing property to the value of €500,000 has already delivered a “decisive stimulus” to the property market, to quote a government spokesperson.
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How your home insurance works even while you’re away on holiday
Securing one’s home is the primary concern of all homeowners, especially since it can be considered as one of the most valuable assets that a person can have. This is why, as much as possible, we take advantage of home insurance policies.
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A22 tolls fiasco symptomatic of wider Portuguese roads policy failure
EU declares illegal the charging of tolls on formerly free Portuguese motorways
A new A22 toll charging system to be introduced in 2014 to replace the one implemented less than 2 years ago
Portugal has four times more kilometres of motorway per inhabitant than the UK
FT asks why Portugal spent so much money on motorways only to choke off use with unaffordable tolls
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