live In Portugal

5 mistakes to avoid when registering your car in Portugal

5 mistakes to avoid when registering your car in Portugal

For most people who choose to move to Portugal, registering their vehicle is often part of the process. As often during an expatriation, things are not so simple! Indeed, if you have the right to move to Portugal with your favorite vehicle, you also have rules to respect when you register your car if you want to not pay huge ISV tax. Indeed, some people think that legalising a car in Portugal is an easy task, but they discover quickly that it is by far one of the most difficult and complicated thing to do when you go to live in Portugal. A dirty engine, a bit too optimistic on the time needed by portuguese authorities to check documents, there are lot of mistakes and trap that you need to avoid if you want to import you car and ask for ISV tax exemption. In order to import your vehicle to Portugal it is necessary to avoid mistakes that can be fatal. What are the 5 mistakes to avoid when legalising your car in Portugal ? What are the pitfalls to avoid when importing a vehicle ? Lisbob, the expatriate's assistant in Portugal, tells you the 5 mistakes you should not make when registering your vehicle in Portugal.

Real estate and consumer loans in Portugal: discover the new rules

Real estate and consumer loans in Portugal: discover the new rules

New rules on mortgages and consumer loans in Portugal were introduced as of Sunday, 2 July. As an expatriate, it is sometimes difficult to know the different rules in norm of credits house or consumer especially when one does not speak the language. If you want to buy a house in Portugal read this: The Bank of Portugal has published new rules that apply to borrowers as well as banks and they change the way you can borrow. What is the maximum debt ratio accepted? What is the maximum percentage loaned by banks to buy a house in Portugal? What is the term limit of a home loan or consumer loan? Lisbob, the expatriate assistant in Portugal, tells you all about the new rules introduced by the Bank of Portugal on consumer loans and mortgages, so that buying a house in Portugal becomes a pleasure.