Anne Taylor 
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
By Essential Business Posted 21 Agosto, 2023 In Housing, More Housing Package, News After not raising any constitutional concerns over the Portuguese government’s controversial More Housing programme a week ago, Portugal’s President Marcelo Rebelo de Sousa has now vetoed the policy on political grounds. The reason? He said it was “not easy to see where the promised housing … Read more
By Essential Business Posted 18 Agosto, 2023 In More Housing Package, News Portugal’s President Marcelo Rebelo de Sousa has ruled out sending a controversial set of public housing policies that include coercive rental measures to the constitutional court to decide if the government has trampled on citizens’ individual property rights. The deadline to either forward the bill … Read more
By Essential Business Posted 10 Julho, 2023 In Infrastructure, New Airport, News The Technical Commission employed by the government to evaluate nine location choices for the new Lisbon international airport has defined five criteria that will decide the best option. Factors such as aeronautical security, public investment and the financing model will be at the centre of the … Read more
By Essential Business Posted 7 Julho, 2023 In Bankruptcy and liquidation, News The number of companies that declared insolvency increased 14% in the first half of the year with a total of 384 bankrupt companies, 85 more than in the same period in 2022. For the period, mandatory applications for bankruptcy increased 14% on H1 2022 while … Read more
By Essential Business Posted 10 Julho, 2023 In Local Accommodation, More Housing Package, News The suspension of new Local Accommodation licenses in all areas of Portugal except the interior regions and islands has been passed by the Portuguese parliament. The original proposal presented by the Government and the proposal from the ruling PS party to change some of the … Read more
By Essential Business Posted 23 Junho, 2023 In Development, Investment, News, Real Estate The Portuguese Government’s ‘More Housing’ package, which seeks to help alleviate the chronic affordable housing shortage suffered in Portugal’s main two cities of Lisbon and Porto, did more harm than good and “paralysed the real estate development and investment sector in Portugal” according to a sector association … Read more
