Key takeaways from CLS webinar: Moving to Portugal 2022

5 May 2022

On April 28, CLS carried out our popular “Moving to Portugal” webinar, this time in collaboration with Ombria, SEB and Sérvulo & Associados. Our invited speakers shared practical aspects on what is required when planning on moving to this lovely country. During the webinar, we discussed loans, taxes and different types of properties depending on the specific need the potential Swedish relocators may have.

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.

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

Shared insights on why people move to Portugal
Knowing there are a lot of benefits, there are also some challenging aspects, example with bureaucracy
Highlight on 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 interconnected, so you need to register with each public entity and not only with the tax authority (Financas) – like we do with Skatteverket in Sweden

OMBRIA – a new generation low-density sustainable development close to Loulé on the sunny Algarve coast

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

SEB – believe that entrepreneurial minds and innovative companies are key in creating a better world

A leading Nordic financial services group, founded in 1856
Focus on the Nordic individual and is located in the Lisbon area and the Algarve in Portugal
Strive to simplify what is complex and offer a one-stop-shop for banking when moving
Offer banking that correlates with Portuguese rules and taxation laws
Offer everything from International daily banking to private banking
Handle and offer multi currency accounts, wealth planning, offer wealth portfolio and mortgages in Portugal
Advice to plan ahead in terms of handling of the disappearance of the double taxation treaty

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!

CLS
Jennifer Ekström, Chairwoman of the Board of Directors,

Sérvulo & Associados
Teresa Pala Schwalbach, Partner,

Ombria
João Richard Costa, Director of Sales & Marketing,

SEB
Daniel Wikehult, Private Wealth Management & Family Office,