Category: Portugal

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Portugal’s Non-Habitual Resident Taxation Regime

Portugal has become increasingly popular recently for people wanting to obtain residency in the country, because of its fiscal advantages and the opportunity to be able to live and travel throughout the European Union. Done correctly, the amount of tax payable on incomes earned outside of Portugal, can lead to one paying 0% in tax.

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Getting to know Portugal, Part III

Our original plan was to spend a week exploring the south of Portugal, especially the Algarve region, but after so many days on the road, and pressing matters in Lisbon, we decided to just go south halfway for a couple of days, to a hotel we already had booked and would lose otherwise.

We went along the coastline from Setubal, following the coast as much as we could. The coast, for the most part, is very much made up of sand dunes, brush, beaches and rock cliffs, and it is all quite remote. We passed through Porto Covo which looked nice and seems that it would be pretty popular for surfing in the summer. But it was all pretty dead in mid’ October.

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Getting to know Portugal, Part II

Our second journey took place when we returned in the fall to take care of our residency papers and close on the sale of our apartment. We headed north to visit Lousa, the Douro region, Porto and Nazaré. Along the way we also met up with some friends from Canada, Dru and Ted and Kimi from Puerto Vallarta, Mexico.

Lousa was chosen as a break for our drive up to the Douro River, and because we liked the pictures of the Lousa Palace Hotel in this small town just east of Coimbra. Not really a lot to see or do in town, but the hotel is quite something. There are large, elaborate sitting areas, the main dining room is amazing, and the rooms are spacious and wall appointed. And the price is right as well. But again, not a lot to do in Lousa!

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Getting to know Portugal, Part I

Since Portugal is going to be our place of residency for the next few years, we returned there this fall to travel the country and get to know it a little better. Portugal is not a big country, just 1% the size of the country I grew up in – Canada. So getting to know it shouldn’t take a lot of time. Our first journey out took us west and north, to Cascais, Sintra and Ericeira.

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Portuguese Residency

We have been working on becoming Portuguese residents for some time now, as we have started a process to leave Mexico. Becoming Portuguese offers me full-time residency in Europe, so I can come and go as I please. Portugal also comes with some nice fiscal benefits. One part of the residency process involves having a home in the country so we bought an apartment in Lisbon. It was completely gutted when we saw it, which allowed us to design the layout ourselves and put in everything new. It was a fun experience and the contractors were great. They came in on budget and finished ahead of schedule.

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