Money
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Overseas buyers increase
Information from the Office of National Statistics (INE) shows that almost 1 in 12 properties sold in Portugal last year were purchased by non-residents – this accounted for 12% of the total spend on property.
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Get in on the Porto property boom!
With the increase in low cost flights and the development and urban regeneration of the bay of Porto, tourists and investors alike are seeing this historic destination’s potential as a great
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British investment in Portugal soars
Last year, British investment in Portugal grew five-fold from €140 million in 2016 to €750 million in 2017. The UK is the 4th largest investor in Portugal.
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PM Costa “the biggest economic growth this century”
Portugal’s Prime Minister, António Costa has announced that official data from the National Statistics Institute (INE)
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Portugal property price increases “almost double European average”
Yet another report shows house prices in Portugal are increasing at “almost double the European average”.
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Portugal back to fiscal health, says EU
Portugal is the latest bailed-out Eurozone country to receive a clean bill of health from the European Commission after its budget deficit fell to 2% of GDP last year.
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Foreign Investment Interest in Algarve Booms
There seems to be a great deal of enthusiasm directed at investing in Portugal...
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Golden Visas Overcome Lull to Generate €1.6b, with Stable Growth Projected
Now in 2016, less than two years later, that total has skyrocketed to over 1.6bn Euros...
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Chinese Businesses See Portugal as One of the Top Investment Destinations in Europe
A recent study has ranked Portugal as the fourth most popular European investment destination for Chinese investors...
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Lisbon’s Investment Real Estate Exceeds Expectations
Lisbon more desirable than London or Milan...
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French Investors are Increasingly Becoming Interested in Portugal
The popularity of Portugal as an international business and investment destination is growing...
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Portugal prices 'close to stabilising'
Buyer demand and transactions are increasing in Portugal. Prices are rising in the Algarve and staying stable in Lisbon.
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Portugal Passes Economy Review Earlier than Expected
A review of the Portuguese economy by international lenders received approval six months earlier than planned...
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Light at the End of the Dark Economic Tunnel for Portugal
There is good news coming from Portugal nowadays!
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Signs of Economic Recovery in Portugal
Figures published recently show that the Portuguese economy recorded an annual growth rate of 1.1%...
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Portuguese Banks Get EC Approval for Restructuring Plans
Recently, the European commission decided to allow restructuring plans for 3 different Portuguese banks including CGD, BPI, and BCP. The commission concluded that the banks all work out just fine with EU state aid rules...
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Hope, life and new found love as unemployment figures fall again in Portugal
Prime Minister Pedro Passos Coelho is fighting a battle as he cuts government spending and raises taxes to try and counter the ever increasing unemployment...
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ANJE Applauds Initiative to Simplify Corporate Tax
The Associação Nacional de Jovens Empresários (ANJE), the Portuguese national association of young entrepreneurs, applauded the proposal of a simplified corporate tax system...
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IMF Assessing Portugal’s Results of the Quarterly Bailout Review
The board of the International Monetary Fund (IMF) will be discussing the results of assessments conducted by its own officials in coordination with the officials from the European Commission and the European Central Bank...
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Government Ecstatic Over Jump in Exports
Portugal is experiencing a surge in exports for 2013 so much so that, for the first time since World War II...