There are many reasons why choosing Portugal to start your business is a good decision. Here's 10 easy steps to take you over the process of starting your business in Portugal in a quick and easy to understand manner.
If you are coming to Portugal, then it makes sense to learn some Portuguese, and if you intend living here, then, it’s an imperative. An interesting fact than not many people are aware of, is that Portuguese is the fifth most spoken language in the world. Portuguese is spoken by more than 200 million people worldwide.
You probably have heard that the cheapest place to retire is in some place that you have never heard off, or visited yet. Somewhere like Nicaragua, Malaysia or even Colombia. But in fact Portugal is probably the cheapest country to retire to.
If for any reason, you require a Portuguese Tax payer Identification Number (“Número de Contribuinte” or “NIF Nº”) as a foreign national, you can request your “NIF Nº” at any tax office (“Repartição de Finanças”) or Citizen’s Shop (“Loja do Cidadão) in Portugal, as follows:
There is no doubt that buying a property overseas is a big investment and one no one takes lightly, but many people get so caught up in the hunt for their place in the sun here in the Algarve that they forget to insure it after purchasing.
If you are an EU national living in another EU country, you have the right to vote and to stand as a candidate in municipal and European Parliament elections held in that country. The conditions are the same for you as for Portuguese nationals.
Everyone dreams of starting their own business, and many believe its a very simple process to get started, but before you start any business in Portugal, it’s a good idea to familiarize yourself with all of the laws that your business must adhere to.
There are no special visa requirements for non-European Union retirees in Portugal. The process is the same whether you are 21 years old or 60 years old. It can, however, take some time and the process must be started in your home country.
The Pine Processionary Caterpillar (Thaumetopoea pityocampa) is a common pest found in pine trees all over Portugal, especially in the spring months of the year.
One of the principal reasons non-European citizens are looking harder at Portugal as a retirement destination is the recent introduction of legislation that eliminates local taxes on foreign pensions and other retirement income.
Acquiring permission to remain in Portugal for an extended period, in the form of a Portugal visa and subsequent residence permit, is a rather straightforward process, but requires significantly more bureaucratic hoops depending on whether you are a citizen of the European Union or not.
Make sure that everything is taken care of before leaving for a new life in Portugal. Regulations and laws vary widely among different countries, so it is important to research these before moving abroad.
Just like driving in most countries, Portugal driving rules are very similar to others in Western Europe. In the past few years Portuguese traffic cops are not as lenient as they once were. So be wise and follow the rules of the road as you would not like to face fines, or even worse be involved in an accident.