Anne Taylor 
By Fernando CaetanoPosted 12 Janeiro, 2024 In EDP, Energy, Green energy, News The former president of EDP – Energias de Portugal, António Mexia, said this week that given the current energy crisis caused by the war in Ukraine, Portugal would have done well to postpone the decision to close down is coal-fired power station in Sines. It is an … Read more
By Fernando Caetano Posted 12 Janeiro, 2024 In Emigration, Labour, News According to the news source Expresso, Portugal has the highest emigration rate in Europe with 2.3 million Portuguese of working age living overseas. Citing data from the Emigration Observatory (Observatório da Emigração), some 850,000 young people aged between 15 and 39 are living overseas, corresponding to 30% … Read more
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
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
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