By Michael Bruxo – 16th November 2023 Government launches ‘transitory NHR tax regime’ in 2024; proof that move to Portugal was being planned in 2023 must be presented The Portuguese government has announced the launch of a ‘transitory NHR tax regime’ for non-habitual residents in 2024. This temporary scheme will allow foreigners to still benefit from the … Read more
By Essential Business Posted 10 Novembro, 2023 In Bank of Portugal, Bankers, Banks, Economy, News Text and Photo: Chris Graeme The governor of the Bank of Portugal, Mário Centeno, has called for prudence when managing a “unique phase” in Portugal’s banking sector. Portugal’s banks enjoyed a bumper year in the first half of the year raking in a record €4.2Bn in … Read more
By Essential Business Posted 7 Novembro, 2023 In Corruption, Green hydrogen, Lithium ore mining, News Portugal’s Prime Minister António Costa has handed in his resignation to Portugal’s Head of State, President Marcelo Rebelo de Sousa, as the PS socialist government he has led since 2015 has been engulfed in a major corruption scandal – the second this year – that … Read more
