Blog

Although the 6 per cent VAT on housing is not immediate, experts believe that the wait will be worth it. But they point to challenges. Applause echoed through the construction and property sectors as soon as Montenegro's government announced that it was going to cut VAT on new construction from 23% to 6%. This is the measure in the Construir Portugal package that will have "the greatest impact" on resolving the housing crisis in Portugal

In the contrary of many other countries, it is quite easy to open a bank account in Portugal as a NON-EU resident. Furthermore, if you are already thinking of having a permanent residency in Portugal through Portugal’s D7 Visa Program, opening a Portuguese bank account will come in handy in your investment and your application process. What you need to do first ...

Portugal is part of the European Union and the Schengen area to start with. With a stable political and social environment for many decades, a very safe society, a highly skilled and English fluent labor force and an excellent quality of life, it is not a surprise that Portugal is becoming a top choice for highly qualified workers, entrepreneurs and ultra and high net worth individuals who wish to take up residence in the European Union. The special tax regime for Non-Habitual Residents aims to attract Ultra and High Net Worth Individuals

Which Visa can I apply for? Is this a question that has gone through your mind lately? Are you overwhelmed by all the different stories and advises? Please let WESTMARK guide you through the process of the D7 visa, which is the most likely visa for you. The D7 Visa was implemented by Portugal in 2007 but people choose for the Golden Visa....

Are you looking to buy a place in Europe with lots of sunshine, low coast of living and right by the Atlantic sea? Then buying property in Portugal can is the right choice for you. In our amazing Algarve region with beautiful towns as Albufeira, Vilamoura, Loulé and Faro, The Algarve is the place to be! But, before you start ...

Anyone who is buying a property in Portugal can apply for a mortgage, even when you are living abroad an buying a holiday home in Portugal. But It’s very smart to sort out your mortgage possibilities early in the buying process so you can know how much you can afford and work out the monthly payments. There are many things to consider when it comes to mortgages, our Mortgage expert Professional Ana can help you.