On January 29, 2020, the European Parliament approved the agreement on the exit of the United Kingdom from the European Union and the European Atomic Energy Community (EURATOM). On January 31, 2020, the agreement entered into force and the United Kingdom left the European Union. However, a transition period was established, lasting until December 31, 2020. In this document, we analyze some of the most relevant aspects of the agreement relating to residence and social security, trade, financial services, intellectual property, jurisdiction, applicable law, insolvency, and taxation.

We asked one of our Chamber members, lawyer Cristina Silva Dias from Silva Dias Legal in Lisbon, to answer a  few of the most common questions the Chamber has been receiving since Brexit became a reality on 31st January 2020.

Brexit is approaching.

Bernardo da Mata of EcoNews in an interview with Chamber member and Vice President of Gemcorp, Maria Monteiro,

Lisbon is a market in transition. Gone are the days where you can double your investment within two years, regardless of location. But does that mean it’s impossible to find value? No. Buyers just have to be clearer on their objectives from the outset and developers are recognising this shift.

Europe is still struggling to find a label for the new brand of socialism that has lifted Portugal’s fortunes over the past three and a half years. In the Portuguese media, the term geringonça, meaning “an odd contraption”, has stuck. Peter Mandelson, the British Labour peer, has suggested “the fourth way”. António Costa, the prime minister who gained office by forging a surprising partnership between the moderate and hard left, simply calls it “turning the page on austerity”. 

This article shows you how important it is to reflect on the communication and languages used with clients.

Official information that British people moving to and living in Portugal need to know, including EU Exit guidance, residency, healthcare and driving.