enpt

The Expat Tips Library

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.

Buying a car, is always a costly exercise, and entails certain risks.  Buying a used vehicle also comes with several pitfalls which are less pronounced with new cars.

One-way you will know that you may have a water leak is when you receive a very high water account. Often this account can run into the hundreds of Euros. Meaning that you may facing an unexpected cost that can trow your monthly budget into chaos.

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.

This is one of the things that really surprised me when I arrived in Portugal and became a resident: - the enforced disclosure of your social security / identity number / fiscal number requested everywhere and by everyone.

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:

You have been on holiday, fallen in love with the country and bought yourself a home in the Algarve or you have decided to relocate, and you need a local bank account.

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.

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.