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It is a move that has long been ‘predicted’ by the industry that sustains foreign investment in Portugal: indeed pressure for the axing of NHR has been building since 2016 when Finland pulled its own citizens out of the regime, describing it as a ‘tax holiday’ for pensioners living in Portugal who, Finland believed, should…

Moving to Portugal: Things to Know TL;DR The cost of living has increased in Portugal, particularly in major cities like Lisbon and Porto. Housing prices have risen significantly, making it difficult for locals to afford homes. There is a sentiment among some locals that expats are driving up housing prices and gentrifying the country. The pace of life in Portugal is often…

Portugal enters the LLM space. The Prime Minister of Portugal, Luís Montenegro, has announced a goal to launch a major Portuguese language model (LLM) in the first quarter of 2025. The LLM is a type of artificial intelligence (AI) program that can recognize and generate text, among other tasks. The Prime Minister believes this will…

Portugal, with its stunning coastline, rich history, and vibrant culture, has become a popular destination for expats looking to relocate. Whether you are considering moving to Portugal for work, retirement, or simply a change of scenery, this guide will provide you with everything you need to know. Visas and Residency Before making the big move,…