As political landscapes evolve, many consider moving abroad for stability and new opportunities. Portugal, with all its allure, has become a favoured destination for North Americans, as well as other countries scattered around the globe. However, this significant relocation requires careful preparation amidst political changes

Rafael and I have decided to approach 2024 (the auspicious year of the Dragon) head on with a renewed strategy and a clear vision. We shared what we wanted to change in our new year’s resolution and now we are laying out what we want to achieve.

With the investment by real estate rule changes to Golden Visa, NHR regime getting retired and topping that off with the Prime Minister of Portugal resigning, we felt like we were barely able to catch our breath.

With the non-habitual resident (NHR) tax regime ending, is Portugal still a good place to relocate to? Many are upset and feel this may be a sign Portugal is no longer a good place to move to but we think this is a chance for a better and balanced program to emerge.

The Portuguese NIF number, in Portuguese, número de identificação fiscal (NIF), ou número de contribuinte, plays a fundamental role in fulfilling tax obligations within the country. With this number, you can accurately file tax returns, report income, and fulfill tax liabilities. Furthermore, you’ll need it for everything.

We are usually able to determine which coast in Portugal are more suitable and which are not when looking for property. With extensive coastline throughout the country, not all coasts are the same and the surrounding area all have location specific microclimates. Portugal is a country of diverse microclimates that offers all sorts of weather conditions and natural beauty. Let's explore some of the fascinating microclimates across the country.

Q and A: Can I buy property in Portugal remotely? Absolutely! Remote purchases are becoming more common. With proper preparation and guidance, you can buy property without physically visiting Portugal. This is our specialty! Let MOL Portugal help you!

Whether you're looking to renovate a traditional Portuguese property, build a new home from scratch, or update an existing space, our team can provide you with a comprehensive range of services, including project management, design, sourcing materials, and construction.

Before you start your apartment search, you need to determine your budget and preferred location. Lisbon has many different neighbourhoods, each with its own charm and vibe, but they are all very different, so it's important to research and visit if you can.

So, what should you consider when buying a property in Portugal as a retiree? Although Portugal is known for its beautiful climate, with warm and sunny weather throughout the year, what are some things to consider if you are looking to buy a place to retire there?

Top 5 Cities in Portugal for Retirees

Check out our picks for the top 5 cities in Portugal for retirees. These are based on factors like cost of living, amenities, and overall quality of life.

Are you ready to take the leap and purchase a residential property to apply for Portugal’s Golden Visa? Have you considered where and what to buy? This post is going to cover everything you need to know about the Golden Visa thresholds to help you make some decisions.

Portugal’s GV is one of the most sought-after golden visas in Europe. It offers residency in return for an investment starting at 280,000 EUR and only requires you to spend an average of seven days per year in the country.

To pursue the Portuguese Golden Visa via the residential property investment route, the biggest change since January 2022 is the non-eligible areas that are highlighted in our map, above in grey.

Seniors living in Portugal

How do you picture your Golden Years?

If there’s friendly people, sunshine and amazing wine in your mind, consider Portugal.

Rafael and I have taken note of some common differences over the years when our clients are buying in Portugal vs. other places. For this post, we are going to focus on North American differences in terms of property buying as we have quite a few American and Canadian clients.

There are lots of sites that can explain this topic way better than I can surrounding the mundane details of transfer taxes, transfer stamps, sales taxes, property taxes, and capital gains taxes, so with this post, I only wanted to point out a few things from our experience with our foreign buyers.

Fixer Upper vs. Turnkey: As we continue to highlight our renovation projects in our social media channels, we realize it's important to balance off the debate with some reasons why turnkey properties should be considered, as well as fixer uppers, by sharing what our clients have taught us.

Plan a scouting trip in Portugal!

Going on a scouting trip may help solidify what are your “nice to have” and “must haves”.

We want to share our experiences with you in our newly launched blog. This is where you will find deep dives on important information, shared from a more personal perspective. Check it out!