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Corona Virus Update (as of Friday, 23rd September 2020)
Due to the latest government restrictions on live events announced this week, we have now postponed the event due to take place on Tuesday 20th October 2020, which was the 11th edition of our popular “Moving to Portugal” live Show and Seminars in London at the Pestana Chelsea Bridge Hotel, London SW11
Our next Moving to Portugal Show & Seminars in the UK will be held on:
- London Tuesday, 20th April 2021 at the Pestana Chelsea Bridge Hotel, London SW11 (to be confirmed) Click here to register your free ticket in advance
For more information go to www.movingtoportugal.org.uk
With year round sunshine, golden beaches, breath-taking views, almost 1000 kilometres of beautiful mainland coastline, and golf courses, properties and restaurants that cater for every taste, Portugal offers a lifestyle for business people, second home owners or retirees that is second to none.
Moreover, UK nationals moving to Portugal can now benefit from Portugal’s very favourable ‘non-habitual residence’ (NHR) tax rules during their first ten years in Portugal.
As Brexit progresses, those keen to move to Portugal are getting ahead of the December 2020 deadline and planning their move this year, after the indecision brought on by the 2016 referendum.
Christina Hippisley, General Manager of the PCC in the UK says “Since early January we have received dozens of calls seeking information about property buying in Portugal and how things will resolve as Brexit continues. We expect a large turnout at the Show and our seminars will give as much up to date information as possible”.
The Show will feature seminars throughout the day on all aspects of moving your home or business to Portugal, and show visitors how to maximise the financial and lifestyle benefits of such a move.
Seminar topics will include recent changes to Portugal’s Non-Habitual Tax Regime (NHR), which offers very favourable tax benefits to those moving to Portugal to live and work, plus lots of detail about healthcare, mortgages, tax and wealth planning.
Seminars will also cover where and how to buy the perfect property, across all regions of Portugal.
Each seminar lasts approx. two hours, with a coffee break in the middle, and will feature several short presentations from specialists on different aspects of buying a home and moving to Portugal, whether you plan to retire there, invest there or move there for tax reasons.
Presentations from specialists cover the following subjects:
- Where to buy
- Where are the property investment hot spots
- The legal aspects of buying a property in Portugal
- How to plan your tax and financial affairs in advance of the move
- How banking and mortgage finance works in Portugal
- How Portugal’s Non Habitual Residence (NHR) tax programme works
- How to plan your currency needs
- Daily life and medical care/insurance
- The doors open at 11am and we close at 9pm.
- The first seminar starts at 11.30am, and will be repeated again at 3pm and 6.30pm to allow
- visitors to come during the day and after work.
- We will be serving tea and coffee all day, and Portuguese wine from 5pm.
- We have a limited number of 180 seats per seminar so please book your seminar place online at www.movingtoportugal.org.uk
With the support of our institutional partners Visit Portugal, the Chamber launched the Moving to Portugal Shows and Seminars in late 2017 in the UK to publicise Portugal’s very tax-efficient Non Habitual Tax Regime (NHR).
Since then, over 3,900 visitors have come along to hear our seminars on the tax, legal, and wealth implications of moving to Portugal, which we have held in London and around the country.
Alongside the seminars, which run throughout the day, visitors can meet the seminar presenters on their stands where they can ask questions and talk in private.
Christina Hippisley, the Chamber’s General Manager, and property agents and resort developers from all over Portugal will also discuss living costs, mortgage costs, health and insurance issues, and the prices and types of properties you can buy in the Algarve, Lisbon and the rest of Portugal.
Alongside the seminars some carefully chosen members of the Chamber also have exhibition stands, offering a wide range of lifestyle and property opportunities from all over Portugal.
Exhibitors include the leading Portuguese Algarve resorts of Boavista Golf and Spa Resort, Vilamoura World, Martinhal Family Resorts and Hotels, Ombria Resort, Troia Sonae, Kronos Homes at Palmares, Quinta do Lago, Pine Cliffs, and Algarve resales agents Fine and Country Algarve and Cerro Novo Algarve.
Lifestyle and legal issues will be covered by Kleya and Caiado Guerreiro, and your mortgage, currency, tax and wealth management questions will be answered by UCI Bank, Currencies for You, and leading financial advisors Blevins Franks, Blacktower Financial Management and Abacus Financial Services.
Official data collected by the Office of Studies of the Association of Portuguese Real Estate Professionals and Agencies (APEMIP) shows that, in 2018, 242,091 properties were sold through Portuguese property agents.
Of these, 19,912 homes were sold to non-residents, up 14.5% on 2017.
Of these homes, approx. 3,000 homes were bought by British buyers (14.9% of the total). (These figures cover only homes sold through property agents, and exclude homes bought direct from property developers or privately.)
APEMIP boss Luís Lima says he does not believe the effects of the UK’s withdrawal from the European Union will be felt in the property sector.
“So far, we felt a small decrease in terms of investment during and after the 2016 referendum as people were afraid of what the future would hold. However, this is no longer the case as British investment has been growing.”
The pipeline of British buyers looking to buy property in Portugal is fuelled by the fact that the UK continues to be Portugal’s most important source of incoming tourists, sending over 2 million visitors in 2019, or 19.2% of overnight stays in Portugal, up 5.9% on 2018. (source www.ine.pt Dec2019).
Thus the Portuguese tax and tourism authorities are keen to do all they can to offset any negative effects of Brexit in Portugal.
The Portuguese government is looking to introduce several new measures from January 2021 in order to minimise any disruption for Portugal’s British visitors.
Measures under consideration include dedicated passport lanes for British visitors, and special arrangements for British driving licences and entry for British pets.
Says Rita Marques, Portugal’s tourism minister, “If there are issues important to the British traveller, then we have to (sort these out). We are trying to minimise the disruption to British tourism”.
These huge numbers of annual British visitors to Portugal mean that there are now dozens of direct flights (from TAP, Jet 2, British Airways, Easyjet and Ryanair among others) operating between British airports and Portugal.
The Moving to Portugal Shows and Seminars are designed to answer all the questions UK residents may have about how to organise their move to Portugal, – whether they intend to run their business from there, retire there or simply spend several months a year there to escape the English climate.
Access the links below for more information about the Seminars:
Christina Hippisley – General Manager of the Portuguese Chamber of Commerce in the UK
Gavin Scott – Senior Partner at Blevins Franks
Geoffrey Graham – Senior Partner at Edge International Law Firm
Prem Raja – Head of the Private Client Division at Currencies 4 You
Sara Sousa Rebolo – Coordinator Lawyer at Caiado Guerreiro
Alex Mansour – Managing Partner at Optylon Group
Judith Price – Consultant at Portugal Consultants
Afonso Barroso – Partner at Abreu & Marques
Andrew Lane – General Manager | Banco Santander Totta
Suraj Gokani – Founder of Currencies 4 You
Matthew Krystman – Partner at Blevins Franks
Tomas Assis Teixeira – Senior Associate at GPA Lawyers
João Nunes dos Santos – Associate at GPA Lawyers
Luis Borges Rodrigues – Partner at GPA Lawyers
Pedro Rodrigues – Associate at GPA Lawyers
Gonçalo Figueira – Senior Associate at Edge International Lawyers
Joao Bacalhau – Marketing Director at HPA private hospitals
Richard Lamberth – Partner of Fine & Country Algarve
Charles Roberts – Managing Partner of Fine & Country Portugal
Nuno Durão – Managing Partner of Fine & Country Portugal
Andre Jordan Group and Lisbon Green Valley
Abacus Financial Services
Bespoke Villas – Just Madeira
Casas do Barlavento
Currencies 4 You
Discovery Portugal Fund
Fine & Country Algarve
Fine & Country Lisbon, Cascais, Comporta & Porto
Global Citizen Solutions
GPA Advogados Law Firm
HPA Private Hospitals
Pestana Golf Resorts
Portugal Sotheby’s International Realty
Remax Maxidomus – Cascais, Algarve, Silver Coast
Vale do Lobo, Resort Turístico de Luxo
West Cliffs – Silver Coast