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Mother's Day in Portugal is happening in 13 hours
Need a CPA for U.S. expats.
Would anyone happen to know a CPA who files personal income taxes for U.S. expats? Doesn't really matter where they are, I live in the Algarve, I'll be glad to drive or take a train to where they live. Thanks
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Tall buildings
Two 107 m high residential buildings (Haya Towers) will be constructed in Vila Nova de Gaia, becoming the the highest ones in Portugal. Construction will start in 2027. The apartments should cost between €200 000 (T0) and €1 000 000 (T4 and T5). https://zap.aeiou.pt/arranha-ceus-gaia-738719
How foreign investment can help, not harm, Portugal's housing crisis
'Solidarity Visa' whitepaper - Bobby O'Reilly - March 26 - DOWNLOAD HERE, PDF attached 👇 Notes form the interview with Bobby (for the Portugal Resident podcast). Our guest today is Bobby O'Reilly, the straight-talking Irish investor-developer behind projects in Lisbon and the 'Margem Sul', who saw Ireland's Celtic Tiger boom and bust first-hand and is now sounding the alarm — and offering a practical solution — for Portugal's growing housing crisis. Bobby brings his hard-earned, Irish experience to Portugal, where he says the successful Golden Visa programme helped rebirth Lisbon and supercharge tourism, but also left a dangerous divide: those already on the property ladder versus a younger generation and working families priced out forever by rising costs, stagnant wages, high taxation, and chronic undersupply of affordable homes. Now deeply invested in Portugal's future, Bobby warns that the country risks widening inequality, accelerating the brain drain of its well-educated youth, and creating greater state dependency if nothing changes. He argues that Portugal must act “a little bit selfishly” and fast — before other European nations steal the market — because Europe has become the world’s most desirable safe haven amid global uncertainty. Foreign direct investment should not just enrich the top end, he asserts. It must be channelled to fix the very problems earlier policies helped create. In the conversation with Carl, Bobby lays out a detailed, 'fiscally responsible', “win-win” plan built around affordable housing schemes. It includes slashing construction taxes, offering income tax credits to first-time local buyers, and reducing social security contributions on both sides to put more money in workers’ pockets and encourage employers to raise wages. The idea is that developers also keep their normal margins, while dramatically increasing supply, which should help stabilise or correct overheated prices.
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Portuguese Place of Interest: Setúbal #PPOI
We are off to Setúbal this week, where signs of communism can strike fear into the hearts of some visitors! Câmara Municipal de Setúbal Visit Portugal listing Wikipedia
First autonomous para-pharmacy in Europe
The first autonomous para-pharmacy in Europe openned in Lisbon. It's called Pharma&Go, it's located in Parque das Nações (Lisboa) and is open 24/7. The concept is simple: go in, pick what you need, and leave. https://sapo.pt/artigo/a-primeira-parafarmacia-autonoma-da-europa-abriu-em-lisboa-e-funciona-24-horas-693bfa64511a3ab092bfe4f7
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