Insights from CLS moving to Portugal webinar

25 September 2020

September 23, CLS carried out a “Moving to Portugal” webinar co-created together with Ombria, Danske Bank and Servulo & Associados. Speakers from each entity shared different practical aspects on what is required when planning on moving to this lovely country. During the webinar, we covered loans, taxes and different types of properties depending on the specific need the potential Swedish relocators may have. We were also very happy to see so many participating in the webinar - a record for CLS in signed up attendees!

New for our webinars is the Q&A which we also noticed was used quite frequently by the participants. We are always happy to interact and engage more with our community and hope to digitally meet you all again soon

We are happy to share the key takeaways from this dynamic webinar:

Portugal as a destination has become increasingly popular during the last years, nominated as both a world-class destination and one of the most safe countries in the world – both Sweden and other nationalities have considered and made Portugal as their new home, or their preferred destination.

OMBRIA – a new generation low-density sustainable development close to Loulé

Including both golf, hiking and many other nature experiences
Use renewable energies such as geothermal and solar panels for both hotel and property owners
153 hectares of sustainable living close to nature with all commodities you could wish for
Offer both 5 star hotel and residences

DANSKE BANK – breathing life into dreams

Specialized in International Private Banking since 1976
Offer one point of contact for their customers in a highly developed platform for e-banking as well as always 7 dedicated people to each customer
Tailormade service and recommend the advantages of being a larger customer in a smaller bank, such as themselves.
The goal for Danske Bank is that their customers can enjoy life at the moment and that they feel secure having someone treating their wealth for future generations

SERVULO – full service lawfirm since 20 years with a specialized Scandinavian desk

Shared insights on why people move to Portugal and we see that Portugal has handled the pandemic and been considered adminiration by many leading magazines
PT health care rank 12th in the world (where Sweden is ranked 23rd)
Knowing there are a lot of benefits, there are also some challenging aspects within the bureaucracy
Highlight the differences on buying a property in Portugal comparing to Sweden
Special legal framework and conditions when buying property with tourist agreements
And remember
- The public entities are not integrated, so you need to register with each public entity and not only with the “tax authority” – like we do with Skatteverket in Sweden

Besides from private living, Portugal has many benefits for starting a business here!

If you have you have any additional questions to our speakers – feel free to get in touch with them!