Portugal’s banking system has one of the most advanced interbank networks in the world, called Multibanco. There are over 150 banks in Portugal, from private national retail banks to public and cooperative banks, international banks, and modern mobile banks. The majority of banks in Portugal belong to the Portuguese Banking Association. The central bank in … Read more

Fueled by foreign demand and the possibility of obtaining residency in exchange for investing money, the Portuguese property market is on the up. Since analysts are predicting this upward trend to continue, prices keep rising. Portugal’s property market was pretty resilient during the global financial crisis compared to some of the neighbouring countries.As well as … Read more

Ah, bureaucracy. It’s not a favourite word for anyone, and that includes expats. The last thing we enjoy doing when moving to a new country is tackling all the paperwork and applications that are necessary to ensure we’re fully covered in every aspect of our new lives. In this guide, we’ll be looking at Segurança … Read more

In a bid to help Portuguese migrants who are looking to return and invest in their home country, the minister of Foreign affairs, Augusto Santos Silva, announced in a recent cabinet meeting that emigrants will be granted an approved credit line on their return home.The credit line, often referred to as part of the country’s … Read more

Navigating the world of banking can be difficult at the best of times, but when you’re moving to a whole different country it can be almost impossible to work out what to do with your money. Keep the bank you’re currently with and hope they have enough branches to make it worthwhile? Move to a … Read more