By Essential Business Posted 25 Outubro, 2023 In Companies, News Google Portugal Director, Bernardo Correia says that Portugal has a “very healthy environment” from a regulatory point of view, and adds that the government’s initiative to create corridors for the installation of pre-licensed undersea cables is “positive”. Negócios reports that one month after the announcement of the installation … Read more
By Essential Business Posted 19 Outubro, 2023 In New Airport, News, NHR Regime, Tax The Government’s decision to end the Non-Habitual Residents tax regime next year may pave the way for a new tax incentive aimed at scientific researchers and innovators. The new tax incentive will “allow a series of professions to continue to benefit from reduced tax income” according to … Read more
By Essential Business Posted 19 Outubro, 2023 In Agriculture, Economy, Exports, News As if the Ukraine conflict wasn’t bad enough, some 933 Portuguese exporters have now been caught in the Middle East crossfire according to an exclusive report by the online news source Eco. Israeli clients are said to have postponed business trips and have cut orders in food … Read more
By Essential Business Posted 23 Outubro, 2023 In Investment, Investment Visas, News, NHR Regime The CEO of developers Casais, António Rodrigues, has blasted the government’s decision this month to terminate the Non-Habitual Residents scheme that provides tax breaks for wealthy EU-based relocating investors. He said that the ‘More Housing’ programme, which also axed the Portugal Golden Visa scheme, has not left a single … Read more
Document to be ‘presented in parliament tomorrow’ The 2024 budget proposal will be submitted to parliament on tomorrow, ahead of ‘discussion in parliament’ on October 30-31. Specialised discussions – where the articles of the proposal and all the proposed amendments and additions submitted by parties will be debated and voted on – will take place … Read more
A unique 2030 World Cup is set to be played in Europe and Africa with the surprising addition of South America in a deal to allow the men’s soccer tournament to start with a 100th birthday party in Uruguay. FIFA reached an agreement Wednesday between soccer’s continental leaders to accept only one candidate for hosting the … Read more
As the “City of Seven Hills,” Lisbon is blessed with a prodigious number of miradouros, or scenic views. They soar above the streets to reveal a sweeping panorama of history: medieval alleys and neoclassical boulevards, Moorish tiles and mighty football stadiums 一 and, perhaps, a clear view to the future. Beneath the Miradouro de Santa Luzia, … Read more
Portugal have climbed three places to a new high of 13th in the World Rugby Men’s Rankings powered by Capgemini following their stunning 24-23 win over Fiji in the final match of the pool phase of Rugby World Cup 2023. The crowd at Stadium de Toulouse were treated to a wonderful, helter-skelter match that went one way … Read more
By Essential Business Posted 9 Outubro, 2023 In Golden Visa, News This is possibly the last post Essential Business will write about Portugal’s ARI scheme (Residency through Investment), generally called the Golden Visa. The programme was officially terminated on Saturday, October 7, when no new applications for the scheme will be accepted by the borders and immigration agency … Read more
By Essential Business Posted 9 Outubro, 2023 In News, Salaries In what Portugal’s Prime Minister António Costa called the highest increase in Portugal’s budgetary history, the government will raise the minimum wage to €820 from January. The move adds an extra €60 into the pay packets of Portuguese employees who have seen the real worth of their wages eroded … Read more