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31 March 2025
WHY THE ALGARVE IS A TOP DESTINATION FOR EXPATS AND RETIREES?
The Algarve, located in the southernmost part of Portugal, has become a favoured choice for expats and retirees looking for a serene lifestyle. Here we explore why the Algarve is one of the best places to live for expats and retirees and what makes it a top choice for those looking to relocate:
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01 March 2025
GOLDEN VISA
The Golden Visa is a residence permit in Portugal for third-country nationals (not belonging to the European Union) who make investments in the country. Golden Visa holders have the right to live and work in Portugal and travel without a visa through the Schengen Area, among other benefits.
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24 February 2025
RECLASSIFICATION OF RUSTIC LAND AS URBAN LAND FOR HOUSING PURPOSES
The publication of Decree-Law no. 117/2024 of 30 December, which made the seventh amendment to the Legal Framework for Territorial Management Instruments (RJIGT).
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03 January 2025
REVOCATION OF THE MEASURES FROM THE HOUSE PROGRAMME IN TERMS OF AL REGISTRATION
Decree-Law No. 76/2024, of October 23, was published, by which the Government introduces significant changes to the legal regime for Local Housing (contained in Decree-Law No. 128/2014, of 29 August), reversing some limitations introduced in 2023 by the Mais Habitação program.
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30 October 2024
Changes to Local Accommodation legislation (AL)
Decree-Law no. 76/2024 of 23 October was published in the Official Gazette, amending the legal framework for the operation of local accommodation establishments. The new rules come into force on 1 November.
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10 October 2024
Our New Property Guide
Hot off the press! Come and collect our new bilingual property guide and have a coffee with us @ Cerro Novo Properties.
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24 September 2024
Renovate your home for a cosy season
As autumn approaches, the days begin to shorten and the cooler air brings a promise of indoor cosiness. It's the perfect time to renovate your living space and prepare it for the cooler nights ahead
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01 August 2024
IMT Exemption: How Does the Benefits Work for Young People Up to 35?
Since 1 August, young people up to age 35 can enjoy exemption from IMT and Stamp Duty on purchasing their first permanent home. Here's what you need to know about who can benefit and how to calculate the exemption.
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08 July 2024
Primary Residence (HPP) - Secondary Residence
In Portugal, tax legislation distinguishes between a primary residence and a secondary residence, especially regarding the treatment of capital gains from property sales. Below are the main differences and considerations for each type of residence.
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11 January 2024
Elimination of the need to obtain urban planning licences - SIMPLEX
Decree-Law no. 10/2024, published on 8th January, aims to simplify administrative procedures by eliminating licenses, authorizations, and administrative acts. This decree-law approves measures to allegedly promote housing and reduce burdens in urban planning and land-use planning for companies. Here are the key changes:
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17 November 2023
NHR -Non Habitual Tax Residency extended and still available
Portugal Government extends transitional regime for non-habitual residents so there is still time to apply. If you're interested in the NHR Tax regime then contact us now.
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