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Brits increasingly spurn French homes

chateauBritish buyers remain the largest group of foreigners who buy property in France, but overall figures show that sales to all foreigners have plummeted over the course of the last decade.

Of all properties sold last year, non-resident foreigners bought just one per cent.

Portugal's courts have 'under a million' debt cases pending

courthousePortugal's Justice Directorate has released figures that show the number of court cases for debt collection have declined since a 2013 scheme came into force that allowed many cases to be archived by the State if the accused has no registered assets.

Debt collection cases have declined since 2013 to a current total of 963,439 proceedings as at June 30, 2015, although how this is good news remains unclear.

Expat detained for murder in Spain

MallorcaPalmaA British expat has been arrested in Spain after confessing to having strangled his wife with a telephone cable.

Police and council chiefs have said Warren Lyttle, 50, admitted to killing wife Lisa Jane, 49, in a phone call to the emergency services from the sixth-floor flat where they had been staying for a month near Magaluf.

Textile mogul appears in court

6232Serafim Martins, arrested last May on suspicion of fraud and laundering the proceeds of sales at his textile shop chain, has been in custody ever since but at last has a chance to argue his case in court.

The investigation into millions of euros of profits that Martins failed to declare involved a extraordinarily complex network of fictitious businesses and overseas bank accounts which enable him to channel millions into offshore tax havens.

Major earthquake hits the Mediterranean

earthquakemedA major earthquake measuring 6.1 hit the Mediterranean between Spain and Morocco early on Monday morning and just one day after a 3.9 quake hit the Algarve.

It struck at 4.22 am, 161 km south-east of Malaga, 164 km east-southeast of Gibraltar and 62km north of the city of Al Hoceima, Morocco, according to the US Geological Survey (USGS).

New President sweeps in

rebelodesousaIn contrast to the political mishmash created by the recent general election, Sunday’s presidential poll shooed in a clear winner who promises to be a force for stability.

The 20th President of the Portuguese Republic, Marcelo Rebelo de Sousa, is expected to play a crucial role in calming the country’s current volatile situation. He could be pivotal in Portugal’s political future.

Three seriously injured in EN125 accident near Zoomarine

crashThree people have been badly injured in a head-on collision involving two cars on Saturday morning near Zoomarine, Guia, on the EN125.
 
Two Swedish tourists in a rental car were in a collision with a BMW driven by a British expat said to be in his 80s.

Portugal's super-rich paying low taxes, 44 already caught out

bentleyThe new Director General of the Treasury, Helena Borges, has been thrown in at the deep end with demands for a clear explanation from MPs as to why Portugal’s rich people seem to be paying proportionally less tax than its hard-working families.

Finanças has selected 240 taxpayers with high incomes and millions in assets, who pay a lower personal income tax rate than expected. This is just a sample from a greater total and all can expect to be reviewed.