A special conference took place in Dublin to showcase ‘Living and Working’ opportunities in Portugal, revealing some of Europe’s most attractive tax breaks. The ‘Portugal Conference’ was staged at the Clayton Hotel, Ballsbridge, Dublin, in February 04, 2020. [in The Portugal News]
The American interested in establishing residency or citizenship in Europe has more options today than ever in history, depending on how much time and money you’re looking to spend to achieve the objective. If you have the budget, for example, you could make a 250,000-euro donation to the arts in Portugal and receive residency and, eventually, citizenship in that country in return. [in Forbes]
The largest price falls are expected in Buenos Aires, Mumbai, Hong Kong, Singapore and Vancouver, according to Knight Frank. The coronavirus pandemic is wreaking economic havoc around the world—and the luxury real estate market is no exception. Lisbon, Monaco, Vienna and Shanghai are the only four major prime residential markets projected to see price growth throughout the remainder of 2020, though at a low level defined as between 0.1% to 5%, according to a report Tuesday from Knight Frank. [in Mansion Global]
Eventually, COVID 19 will be contained, and global markets and economies will recover. But the experience of having lived through this challenging period will leave us with a reinforced and maybe a reinvented understanding of what matters most in life.
Considered from a post-crisis perspective, where in the world will offer the best options for repositioning yourself overseas? [in Forbes]
Pessoa & Partners held a special event about living and investing in Portugal. The event took place April 9-13 in the city of Beirut - Lebanon. We’ve presented current investment opportunities, went over the Portuguese Golden Visa program and highlighted the advantages of investing and living in Portugal. We met new potential clients and had the pleasure to spend some time with former clients and friends. We will be back soon!
According to the Portuguese Institute of Registration and Notary Affairs, a total of 2160 descendants of Portuguese Sephardic Jews - who were initially expelled from Portugal due to religious persecution in the 16th century – acquired, since 2016, Portuguese citizenship. The majority of the successful applications came from descendants of Sephardic Jews that are either Israeli or Turkish nationals. This legislative initiative aimed at strengthening the ties between Portugal and the Jewish Community and also recognizing its historical and cultural heritage. [in Público]
Innovation and training were at the center of the official visit of Zurab Pololikashvili, the recently elected Secretary-General of the World Tourism Organization (UNWTO). According to the Secretary-General Portugal is an example of what to do in terms of tourism and he praised Portugal for focusing its tourism strategy on people, and stressed that its good tourism results are a consequence of strong policies and a solid cooperation between the public and private sectors. [in Expresso]
International Living is out with its Annual Global Retirement Index and has chosen the Top 10 places to retire abroad for 2018. Portugal was named "Europe's Best Retirement Haven" and competitor Live and Invest Overseas is a fan too, just dubbing Lisbon, Portugal its No. 1 place to live in the world. For International Living, Portugal ranks high for its safety, affordable lifestyle and friendly residents. A couple can pay $1,000 a month for a four-bedroom, two-bath home near Lisbon (whose airport has direct flights to most major cities). English is widely spoken. [in Forbes]