Moving To Portugal- Everything You Need To Know

Portugal is now moving forward from the easy week-long getaway and idyllic retirement setting and is gradually becoming the global relocation hub for young professionals. Aside from the beautiful architecture and consistent subtropical climate, the city of Lisbon provides affordable living costs and a vibrant nightlife.

If you’re considering moving abroad to Portugal, it’s important to undergo extensive research. This will help you see if the way of life will suit both yourself and relocating employees. This week, our global relocation experts have shared some vital information you need to know.

Tax opportunities

One of the major appeals of moving abroad to Portugal is the generous tax break that could be offered to you. The NHR (non-habitual resident) scheme provides new residents attractive tax benefits for the first 10 years of residency. You could be offered these benefits if:

  • You have not been a tax resident in Portugal within the last 5 years
  • Be classed as a Portuguese resident. This means to spend more than 182 days a year in the country.
  • Register as a non-habitual resident with the tax authorities.

It’s also important to note that if you’re intending to stay in Portugal for longer than 183 days, you can then become tax eligible.

Visas and documentation

when coming from outside of the EU, i.e. the USA, Australia or Canada, you can stay for up to 90 days without a visa. If you’re only planning to live there for a year, then it is recommended to apply for a temporary residence permit.

If you’re moving abroad to Portugal from an EU country, then you do not need a visa. However, if you’re planning on becoming a resident, you are required to apply for a residency document.

Living Costs

Another major attraction of Portugal is the living costs. You can expect to pay pretty much half of what you would pay living in the UK, US or Australia. For example, monthly transportation passes cost around €35 and a pint of beer roughly costs €1.50.

Do you still have some questions about moving to Portugal? Why not get in touch with the friendly team at Galleon International, global relocation experts? Give us a call on 01708 868 068 today.

How The Digital Revolution Will Affect The Future Workforce

A study by global relocation experts has shown that the ‘employees’ use of social media and smart technology is shaping their expectations of how workplace communication should be operated. At the same time, technology is also changing the way that organisations identify with mobile talent. As well as the way that they engage with employees from recruitment to redeployment.

They have identified a growing willingness to feedback and share information about overseas assignments amongst the younger employees. In return, these employees expect the organisations to be open. They also expect them to respond in a two-way conversation.

Following the study, the same question has been asked by experts in global mobility; are digital technologies beneficial for relocating employees?

Danny Taggart is a director in the Deloitte’s Global Workforce team. He argues that ‘digital technologies offer a massive opportunity for the global mobility function and mobile employees alike.’

“The diversity of the talent in the workforce is changing, along with employee perspectives,” he says. “Think of the ‘traditional expat’ posted overseas 20 years ago, and compare this with the expectations and the needs of millennials today. Technology is the enabler to meet the rapidly shifting demands of the modern workforce.”

Moreover, it has been argued that employee openness is a result of generational influence. For example, millennials are very conversant with mobile and digital tools. They are also comfortable with providing feedback in real-time and they expect responses in a similar time frame. Their use of technology in their personal lives has driven an expectation for the corporate services.

However, this feedback and the monitoring will only be successful if the employee feels that they are being listened to. As well as the fact that decisions are made with the feedback in mind. This is similar when it comes to relocating employees overseas.

A lot of successful overseas placements are about setting the right expectations. After all, moving abroad can be stressful and can be challenging for the employee. Therefore, it is important to ensure that the experience is positive for them.

As global relocation experts, Galleon International are constantly keeping up to date with the latest trends. They are also kept up to date with the changes that are related to moving overseas and working abroad. Our team can pass this information onto the relevant corporate moving clients. We do this to reduce the stress and the uncertainty that comes with relocating abroad.

If you would like to speak to Galleon International’s team of experts about our international moving options then contact us. Get in touch today on 01708 868 068.

Benefits of Outsourcing Your Relocation Programme with Galleon International

For companies who want to stay ahead of their competitors and attract highly-qualified employees, it is important that employers offer a well-designed corporate relocation programme.

Typically, employees look for a relocation programme that provides them with a wide range of benefits and services. This is to ensure that they have an easy and smooth move. Therefore, companies who can offer a relocation programme managed entirely in-house will face several challenges when they try to meet the demands and expectations of moving abroad for work.

There are many benefits when outsourcing relocation programmes to global relocation experts. So, here are five key challenges you may face and how using a global mobility company can help you and your employees:

1. Poor Cost Tracking

When managing your employee’s relocation in-house, you may run-away with the logistics of the relocation process. As a result, your programme costs are often forgotten about and ignored. Without an effective way of tracking your expenses; the costs of relocation will be hidden and cannot be effectively controlled or minimized.

By outsourcing this, your provider will be able to track and review your relocation budget on your behalf.

2. Multiple Managers in Various Locations

Unfortunately, local HR teams may have different interpretations of programmes and policies. This means that these variations can impact the benefits that transferees receive.

However, when you outsource to a relocation company; the experts will benefit from a central programme management with local and global support. Available at all times, you will receive a consistent and coherent programme that is supported in all locations, with no differences in interpretation.

3. Assignment Failure

All companies plan for a successful relocation experience for their transferees. To limit and, in many cases, eradicate potential failure, we actively encourage interaction at an early stage. Greater familiarity and local knowledge shared by destination industry partners can identify potential challenges and thus make the assignment all the more appealing; crucially lessening the burden of work facing in-house HR teams.

Companies can benefit from a specialised and unique programme if you were to outsource your relocation programme. As experts in relocation, they are able to provide you with information regarding tax issues, visa applications and compliance reporting.

 

Finally, for more information on how Galleon International can help your business with corporate relocation, get in touch today on 01708 868 068.