Author: mercan-author

The pandemic and teleworking have helped to whet the appetite of foreigners looking to settle in Portugal and the demand for high quality houses is helping to boost the already buoyant sector. The increasingly accentuated imbalance between the new supply and demand for housing in central Lisbon, together with the growing trend towards the acquisition […]

Report from the European Travel Commission (ETC)notes that “fragmented policies across Europe regarding the validity period of the EU COVID Digital certificate for national use also undermined its role as a tool to facilitate travel ”. Furthermore, a growing number of Europeans believe that strict health protocols at destinations “have a direct negative effect on […]

The investment captured through golden visas in Madeira was 60 million euros between 2017 and 2021, mainly in the real estate sector, and corresponds to 50 residence permits, the Regional Government indicated on 4 February. The secretary of state, who was speaking at the opening of a seminar on gold visas in Funchal, believes that […]

The Council of Ministers announced on 3 February, in a statement, that ends the requirement, for those entering Portugal, “to present proof of a negative test result for those who present Covid-19 digital certificate of the EU in any of its forms or other proof of vaccination that has been recognised. The end of the […]

Houses were 12.2% more expensive in the third quarter of last year, with a square metre now €1,311 nationwide, according to data from the National Statistics Institute (INE). Lisbon remains at the top of the list of the most expensive cities to buy a house in Portugal, with a square metre costing €3,427, almost three […]

Portugal has ranked once again as one of the best countries in the world, this time for wine lovers. Portugal has two wine-producing regions protected by UNESCO as World Heritage: the Douro Valley Wine Region (Douro Vinhateiro) and Pico Island Wine Region (Ilha do Pico Vinhateira). The research by Bounce takes into account factors such […]

According to the latest data from Eurostat, almost every European Union (EU) country has seen home prices escalate during this period, while rents have also increased, but to a lesser extent. Eurostat’s analysis shows that the price of houses in the EU increased by 39 percent between 2010 and the third quarter of 2021. And […]

Momondo’s “Work While Traveling Index” ranked 111 countries based on remote working conditions and opportunities for travel experiences. 22 factors were evaluated, divided into six categories that may interest travelers when choosing a destination: local prices (such as rental prices, transport, restaurants), health and safety (political stability, LGBTI+ rights, pollution), remote work (speed internet, coworking […]

The PSD party has called for a review of the immigration law to a point system, more focused on qualifications than on the origin of the immigrant. The party has stated that they are committed to “a more cohesive society”, “a more sustainable environment” and also claims to aspire to “a more child-friendly country with […]

As you have your tax number, your property will start to be identified by a unique number, which will be used to gather all the data and information about your property. According to Público newspaper, from the second half of the year, the Property Identification Number (NIP) will be launched. This number will be like […]

House prices continue to rise in Lisbon (6.7%) and Porto (2.2%). Throughout 2021, house prices have risen in all regions. The Region of Madeira leads the list with an increase of around 13.6%, being the largest increase at the national level. It is followed by the Metropolitan Area of Lisbon (10.9%), the Algarve (9.9%), the […]

2021 saw some golden visas regain ground lost to the pandemic last year, while others continued to decline. Chinese demand has turned patchy, while American interest is unequivocally on the rise. Portugal Golden Visa has raised more than EUR 6 billion while Greece Golden Visa will reach EUR 3 billion this year Americans back on […]

António Costa’s government believes it cannot tax cryptocurrencies without Parliament amending the IRS Code. Last September, the website Decrypt published a list of 11 countries that don’t tax bitcoin gains: “Portugal has one of the most crypto-friendly tax regimes in the world,” the publication wrote. Spain already does it. France too. But Portugal is still […]

GDP in the euro zone and the European Union advanced in the third quarter, both year-on-year and quarter-on-quarter, with Portugal recording an increase of 2.9%, the third largest quarterly increase. Compared to the second quarter, between July and September, GDP increased in 26 Member States, with Austria registering the highest growth (3.8%), followed by France […]

Prime minister, António Costa, has appealed to the Portuguese to contain “as much as possible, Christmas celebrations to their family nucleus”, warning that this Christmas will not be “normal”. “I appeal to the families to try to prevent the Christmas celebration from involving lots of people and in a large extended family groups. This is […]