Financial advice in Portugal

Latest articles about Financial advice in Portugal

Taxes for residents and non-residents when buying property in Portugal

Ashley Batz/Unsplash
The difference between buying a house in Portugal being a resident or not depends on the purpose of the house. If you buy a house to live in Portugal, you are buying a permanent home and are a resident, but if you do not live in Portugal and you buy property there it will count as a second home.

Everything you need to know about the AIMI tax in Portugal

Maxine Ficheux/Unsplash
The Addition to the Municipal Property Tax (Adicional ao Imposto Municipal de Imóveis or AIMI) is, as the name implies, a tax levied on real estate assets. It was created relatively recently, in 2017, and many property owners in Portugal don’t know they have to pay the AIMI.

IMI taxes: vacant houses gave 31.5 million to state coffers

José Pestana on BY-NC-SACopy
The Portuguese Tax Authority (Autoridade Tributária or AT) closed 2018 with a cash inflow of 31.5 million euro from revenue from the Municipal Property Tax (Imposto Municipal sobre Imóveis or IMI) paid on dilapidated, vacant or ruined property.

Tips to improve your "financial health" in 2019

Here's how you can save money this year / Gtres
The new year brings with it new goals and desires, be it eating healthier, going to the gym or running more. Still, it’s important not to forget about personal and family finances, and to still be ready for any future eventuality.

How to collect your pension in Portugal

Retirees in Portugal
Retirement age is finally here, and you have big plans – moving to Portugal. And we salute you for your wise decision. With 3000 hours of sunshine per year, some of Europe’s most stunning beaches, beautiful cities and friendly people, Portugal sounds like the right choice.

How to send or transfer money in Portugal

How do you move money in Portugal or between countries? / Gtres
Sending money in Portugal isn’t expensive or difficult. However, you do need to compare different services and their rates to find the best deal for you. This article will help you to do your research and make your transfer successfully.
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