BREXIT – Rights and Relevant Dates

With BREXIT just around the corner, there are still some doubts about the hole process. However the Portuguese Government presented, on 11th January 2019, a Contingency Plan for United Kingdom’s withdrawal from the European Union on “Citizens’ Rights”. About the Residence Rights in Portugal for United Kingdom Nationals after the United Kingdom’s Withdrawal from the […]

“Moving to Portugal” Seminars 31st October 2018

On October 31st 2018 the Portuguese Chamber of Commerce in UK organised the 6th edition of the popular Moving to Portugal Seminars at the Pestana Chelsea Bridge Hotel, in London. Post Brexit, the Portuguese Chamber of Commerce in the UK has noticed a growing demand from the British public for more information about Portugal’s Non […]

Acquisition of Portuguese Nationality – Sephardic Jews

For the descendants of Portuguese Sephardic Jews (being Sephardic Jews the descendants of the ancient Jews of Portugal and Spain), the acquisition of Portuguese nationality depends on the following requirements: a) Those who are of majority age or emancipated in the light of Portuguese legislation; b) Those who have not been convicted, with a sentence […]

New regimes for visas and residence permits from October 1st

The Regulatory Decree 9/2018, of 11 September establishes new rules on the granting of visas and residence permits. The new provisions aim to respond to some of the difficulties that have been felt, adapting the current law to the new economic and social dynamics, streamlining established procedures. Thus, among other measures, the Decree establishes: 1) […]

New allocation rules of the “Golden Visa” – Portugal

The ARI program has changed (Law No. 63/2015, 30 June), aiming to increase the range of eligible investment activities and situations covered by the right to family reunification. Therefore, the following investment activities became eligible for the attribution of “Golden Visa”: The transfer of capital in an amount equal or greater than € 1.000.000,00; The creation […]

New Regime – Madeira Free Trade Zone

The Law 64/2015, of July 1 (in portuguese), approving the IV Regime for the tax benefits of the International Business Centre of Madeira (IBC), was published. Thus it becomes possible the licensing and installation of new entities within the institutional framework of the IBC under the new regime. According to the terms of the IV […]

Social Protection for Crew members – New Law

On the 17th of March was published the *new Law which establishes mandatory social regime for crew members of the vessels registered in MAR. Source: Diário da República * Article avaible in Portuguese only. Contact us for more information.

European Commission approves Regime IV of the International Business Centre of Madeira

SDM is pleased to announce that the European Commission has formally authorized Regime IV of the International Business Centre of Madeira (IBCM). Under the terms approved by the EC, companies licensed to operate within the framework of the IBCM will enjoy until the end of the year 2027 a reduced corporate tax rate of 5%, […]

Retired foreigners are eligible for income tax exemption.

Retired foreigners are eligible for income tax exemption The Parliament approved an amendment to the Tax Code – Income and Gains of Individuals, in order to allow retired foreigners who spend part of the year in Portugal, to receive their pensions free of income taxes. The “Jornal de Negócios” informs today that “foreigners who spend part of the year in Portugal […]