Many foreigners have chosen to live or to buy holiday homes in this wonderful country. But how many have reviewed their estate planning to protect these Portuguese assets? The future has never been so uncertain during the current Covid-19 pandemic, so there has never been a more appropriate time to ensure all your paperwork is in order!
Staying on top of the latest currency news can help you time your transfers more effectively, so find out what you should be looking out for over the next couple of weeks…
Most people prefer not to think about their own mortality but the current coronavirus crisis has made that impossible. It is estimated that over 50% of people do not have a will and have made no plans regarding their estate. This leaves their loved ones vulnerable and unprotected. Surely now is a good time to sort that out?
Staying on top of the latest currency news can help you time your transfers more effectively, so find out what you should be looking out for over the next couple of weeks…
Coronavirus developments and March’s economic reports have continued dictating market sentiment in recent weeks, resulting in significant currency volatility.
The GBP/EUR exchange rate rose from lows of €1.06 to €1.14 while EUR/GBP dipped to €0.87.
Meanwhile, GBP/USD recovered from 1.14 to 1.24, while EUR/USD fell from highs of 1.11 to around 1.07.
Staying on top of the latest currency news can help you time your transfers more effectively, so find out what you should be looking out for over the next couple of weeks…
Despite upcoming reform, Britons moving to Portugal can still enjoy ten years of tax benefits under the special NHR scheme.
Many people move to the Algarve for a lifestyle change or to enjoy some sunshine in their retirement years. But Portugal also offers much wider appeal, as new residents can receive a decade of generous tax breaks through the non-habitual residence (NHR) regime.
Money is one of the hardest, but most important things to master. It is barely taught about in schools and what they do teach will not set you up for the big wide world of finance. If you are like me, you are thinking about your future, primarily how you are going to afford your future. If you have a large number of outgoings this can be a long and grueling task. It was for me, and because of that, I have come up with some insights to make your journey that much easier.
