Financial advice in Portugal

The tourism sector in Portugal seems to be responding well to the high rate of inflation that has been felt in recent times in Portugal and in Europe, although it is now slowing down.

Among the most favourable cities for the development of startups in 2023, Lisbon occupies the 62nd position worldwide. And it is not the only Portuguese city in this global ranking.

Disclaimer: the above image belongs to Global Residence Index. In the last three years, thousands of US citizens have moved to Portugal, attracted by cheap real estate, tax advantages, public health and education systems, security and the relaxed lifestyle, at a time when the possibility of remote

Portugal is the most vulnerable country in the so-called group of the world's most developed nations to rising interest rates and the discontinuation of cheap money programmes by the European Central Bank (ECB).

In December 2022, nine out of ten Portuguese households had their mortgages indexed to the variable Euribor rate, which is rising month by month as the European Central Bank (ECB) raises the key interest rate (currently at 3.75%).

What is the inflation rate in Portugal 2023? And what is the long term inflation forecast for Portugal?

Parents who choose to work part-time will be able to receive state support until the baby is 12 months old. Portugal's new employment law, which came into force on 1st May 2023, allows parents to take an additional 180 days of parental leave combined with part-time work.

Portugal provides numerous advantages to its residents, including a pleasant Mediterranean climate, low crime rates and beautiful landscapes. But is it expensive to live in Portugal? How much money do you need to live comfortably in Portugal?

Portuguese banks will soon be more limited in charging fees for various banking operations. A bill approved by Parliament on Friday 14th April puts an end to the charging of abusive fees to all customers who have mortgage loans or loans for other purposes.

Yet another voice has joined the chorus of criticism against the end of the golden visa programme in Portugal, which is included in the "Mais Habitação" (More Housing) package announced by the Government.