Financial advice in Portugal

Latest articles about Financial advice in Portugal
Income tax news for retired expats in Portugal / Suad Kamardeen on Unsplash

2020 NHR changes in Portugal

Besides plans to end golden visas in Lisbon and Porto, the ruling Socialist Party in Portugal has introduced an amendment to this year's state budget which will levy a 10% income tax (known in Portuguese as IRS) on the foreign revenue of foreign pensioners who move to Portugal.
Household expenses in Portugal in 2020 / Photo by Eugene Chystiakov on Unsplash

Household expenses in Portugal in 2020

Everything indicates, except in the case of unexpected surprises, that the Portuguese will benefit in 2020 from an increase in purchasing power, thanks to improved economic conditions and falling unemployment, together with an expected rise in wages, on average, above inflation.
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