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Blog
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Useful facts about the Algarve
The Algarve has been a very popular region for buying a (second) home for years and is still growing in popularity. The friendly climate i sone of the most important things for this. Also for investors who are looking to buy an investment in real estate this is quite useful. Due to the warm climate all year round, the yield you can get on your investment is quite interesting. -
What is the status of the Golden Visa?
For many years the Golden Visa scheme was most popular amongst expats as a vehicle to enter Europa through a Portuguese citizenship by using a real estate investment. This scheme has been questioned by the European Union for several years and eventually they pressured Portugal to make changes to the Golden Visa regulations. This resulted in new laws since -
Do I pay capital gains tax in Portugal?
In Portugal, you’ll pay capital gains tax (Mais Válias) once you have sold your property with profit. Basically, you need to pay capital gains tax on the difference between the purchase price and the selling price, with some deductible costs and expenses. The Portugues tax laws make a difference between EU citizens and non-EU citizens, which you need to be aware off. -
Can I apply for a Digital Nomad visa in Portugal?
It has never been more attractive to explore the world and making a living abroad as it´s now. Portugal offers very attractive possibilities for digital nomads to enter the country and make a living. If you want to work remotely from Portugal, it is possible to obtain a temporary stay visa and a residence permit to carry out your professional activity, for an entity based outside the national territory. To obtain a visa you must follow the legal procedures: -
What is the most popular place to invest in Portugal?
Portugal is not a small country, but many people only know Lisbon and Porto and maybe The Algarve as a region. But what is the most popular investment area in Portugal? At WESTMARK estate agency we obviously know where most properties are being sold, we are in Algarve for a reason. In 2023 in Portugal 136,499 homes were sold for a total of -
First steps in immigration to Portugal
WESTMARK estate agency offers special services for people who are looking to move and live in Portugal. As foreigners by origin who made the move to Portugal, we know the struggle. There are so many things you need to do, and the bureaucracy is very strong in Portugal. When you are not taking the steps in the right order, you´ll get lost and become frustrated.