Tuesday, 22 August 2017
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Is Portugal’s Tax Secret the Envy of Europe?Whilst the press focuses on the big stories, a few media outlets picked up upon the startling revelation that the Swedish population were actually (and voluntarily) overpaying their taxes!
In an economy with negative interest rates, the Swedish Government agreed to pay a nominal ‘income’ on overpaid tax returned to individuals and businesses, resulting in a remarkable rush to overpay against tax demands: we live in interesting times!

olhaoparkThe Algarve city of Olhão de Restauração is about to have a riverside face-lift that will change the two parks at either end of the famous markets into tourist areas ‘par excellence,’ according to mayor António Pina.

The council’s plans were presented on Thursday evening to an open session that attracted around 100 locals.

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Visit them online or at their offices in Vilamoura and Lagoa to fond out more.

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Tranio.com experts explain how Lisbon has become "the new Barcelona" and how to make a good buy in the local real estate market.Lisbon is the administrative, business and tourism centre of Portugal. The national economy has long been on the mend, and the number of global investors interested in obtaining real estate in the Portuguese capital is growing.

Some observers call Lisbon "the new Barcelona": in 2016, the city took seventh place in the PwC Investment and Development Prospects ranking.

Processionary caterpillarsProcessionary caterpillars have been seen very early this year so be careful!

I have searched the books and net to come up with more comprehensive information on them. I must thank the various holiday companies for helping with some of the technical information.

I know of dogs who have lost their tongues to these beasts and it is not a pretty sight and so distressing. There seems to be little local information about them, there are companies in the Algarve which will spray the pine trees where they live.

ikea2The new 24,000 m2 IKEA store is to open earlier than expected this March at a cost to the Swedish company of around €200 million.

IKEA Loulé's newly appointed manager, Abdelhak Ayadi, today confirmed the date today and commented, "With the opening of IKEA Loulé, we will be even closer to our customers in the south of the country and will help contribute to the dynamism of the region."

qdlCaixa Geral de Depósitos has rejected a rescue deal for the Keys, based at the Quinta do Lago estate.

The taxpayer-owned bank is owed €278 million but has concluded that it was not worth agreeing to a Special Revitalisation Plan for its client, Birchview Imobiliária.