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.

Moving to Switzerland – Everything You Need to Know

For years, Switzerland has topped the polls for the ‘best place in the world for expats to live’. It comes as a result of many financial; technology and pharmacology sectors choosing to send their highly skilled employees here for relocation. The country’s stable economy; low crime rates and high standards of living are just some of the reasons why Switzerland is so popular with expats.

 

When it comes to your own overseas move to Switzerland; it is vital to understand the important cultural values and customs that you will be introduced to. Otherwise, you and your family may struggle to adapt to the brand-new culture and surroundings.

As an international moving company, Galleon provides a range of corporate relocation services to ensure both the employer and the employee are prepared for moving overseas. For the employee moving abroad, we have an array of international relocation experts who can provide useful cultural information and who can act as a point of contact in their new home.

Take a look at the local knowledge our overseas agents and partners in Switzerland provided us:

 

1. Housing

It may not be known to expats at the time of moving, but Switzerland is a landlord’s market. For example, in the main cities such as Zurich and Geneva, the demand for housing often outweighs the supply. There could be at least 60 applications per flat when you are searching for residential properties.

2. Visas and Work Permits

If you are currently a citizen of an EU country, moving to Switzerland is not like moving within the union. Following the latest immigration changes in 2016, there have been further restrictions put on migration from the EU. For example, the Swiss electorate took part in a referendum vote to re-introduce quotas for foreigners and privilege over Swiss nationals over foreigners in the labour market.

For those outside of the EU, it is important to start the process months in advance since it can take a while for your application to be approved by the Ministry of Labour.

3. Language

When moving to Switzerland from Europe or North America, you may not expect as much as a culture shock. However, there are more differences in Swiss culture that expats will not realise until they are there. For example, for the French-speakers the language will be the same but the culture is different. Unlike in France, people in Switzerland favour punctuality; they go to work early and head home early.

The extent to which you are affected by the culture shock depends on how much you choose to stay in your ‘expat bubble’.

Do you still have some questions about moving to Switzerland? Why not get in touch with the team at Galleon International – international removal company. Get in touch with us on 01708 868 068.

Relocating Employees: 3 Ways You Can Make Corporate Relocation Easier on Your Employees

In the moment you ask your employees to move overseas, they may be feeling a mixture of emotions. Excitement, dread and panic could be just some of the feelings going through your employees head; until the immediate flurry of logistical considerations set in.

As you prepare for the international relocation, you must make sure your employees are just as prepared for the ‘moving overseas’ transition. Moving house is stressful; regardless of the overseas move element! So it is important that your company takes the initiative to make the corporate relocation process easier on them. Not only will this result in happier employees, but you can ensure a seamless workflow transition. This means that your employee will be back to their typical workload in no time.

At Galleon International; an international moving company renowned for their personal and bespoke corporate relocation services, we have three tips for ensuring your staff have a stress-free overseas move.

 

1. Prepare Employees for Moving Abroad

As your relocating employees get ready to move into their new homes, make it as simple as possible for them to access local information. For example, you can provide them with information about the best neighbourhoods for families; what the climate is like and information on living costs. An even better way to get your employees settled into their overseas home is sending them there on a trip.

If you are unable to provide either of these services yourself, Galleon International has access to hundreds of overseas agents and partners who can provide important, local information to your employees.

 

2. Explain The Process and Your Expectations


The stress and unknown factors of moving abroad will have your employees asking lots of questions. Will you help the employee find new housing? How will the international removal of all their belongings work? Do you plan to compensate your employees for the relocation?

The key to a strong work environment is building trust through open communication. So, if you know the relocation is going to be short-term; be clear with your employee and explain your expectations for the employee’s future. The more worries you can help alleviate during the initial moving process; the more confident and comfortable your employee will feel.

 

3. Hire a Reputable International Moving Company

No matter how much time and effort your team put into the logistics of moving overseas, a professional and reputable international moving company can help put everyone at ease. When it comes to the corporate relocation side of things, your employees will feel their valuables are in safe hands with a trusted moving company. This means your employees can focus on the important bits such as finding local schools, saving for their housing costs and of course, working.

To find out more information about our corporate relocation services, get in touch with our team on 01708 868 068.

International School Fees Rise by 20% in 2018

Following the publication of a recent survey by ExpatFinder.com, the international relocation guide has reported a huge increase in school fees since 2017.

The survey looked at 688 international schools across 27 countries; revealing a staggering 19 per cent rise in school fees this year. Some countries reported a more substantial hike in fees than others; Singapore saw an increase of 20% and Luxembourg reached a staggering 31% respectively.

As a result of changes in international moving and costs of living, it’s not uncommon for tuition fees to rise. However, current expatriates will be feeling the pinch of providing for their children abroad, particularly as the demand for international school places by affluent locals rises.

Some of the most expensive countries for international education are:

  1. China: While the total cost of a child’s education varied greatly between the 688 countries, China topped the table for ‘most expensive schools in the world’. For expatriates living in China, their child’s education could cost them US$33,591 per annum.Moreover, the study found that the aspirations of Chinese families to have an “English-medium” and “internationally oriented education” fueled the demand for international schools in the country.
  2. Switzerland: Switzerland is home to some of the most exclusive and expensive schools in the world, which is why a year of education will cost US$32,453. In 2016, a report by The Telegraph listed five of the top boarding schools in the world; all of which were based in Switzerland.

Global mobility experts explain the trend for exclusive; international schools in Switzerland as a result of the multinational companies based in Geneva. These expatriates have created a huge demand for high-quality schools in the area where the children can earn an International General Certificate of Secondary Education (GCSE). 

  1. Singapore: According to this year’s International School Fee Survey, it costs a total of US$25,758 to attend school in Singapore. As one of the most expensive countries in the world; it’s not hard to understand why Singapore’s international schools are some of the most expensive in the world.After all, international schools in Singapore offer the acclaimed International Baccalaureate qualification, demanding more teachers to a classroom. This allows schools to require higher tuition fees from attendees.

Want to find out more information about international schools in your transfer destination?

Galleon International has a team of global mobility experts. Our experts can provide you with all the information you need regarding your overseas move. As part of our corporate relocation services; our transatlantic partners can provide you with all local knowledge and contact details you will require when settling into your new home.

Finally, for more information on how Galleon International can be there to help you with moving overseas; get in touch today on 01708 868 068.

London Financial Firms Prepared for EU Relocations Post-Brexit

According to the latest EY survey, around a third of financial services firms in London have confirmed contingency plans to establish European hubs after Brexit.

Although the agreement on a post-Brexit transition period had “not stemmed the steady stream” of companies confirming their contingency plans; the EY has reported that a total of 75 out of the 222 firms had developed plans ahead of Britain leaving the EU.

The survey came just as the London mayor; Sadiq Khan, warned MPs that jobs and investments were at risk in the capital and other UK cities. This is because “the government was not doing enough to safeguard services in Brexit talks.”

Released on the 25th June, EY’s Financial Services Brexit Tracker found that there has been a two per cent increase (34%) since March, in the number of companies confirming their plans to move some of their operations or staff from the UK.

About a quarter of the firms have plans to relocate staff to one or more of the EU locations; with Dublin and Frankfurt being the most popular locations for relocation. Currently, 32 companies have confirmed plans to move staff from the UK. This is up from 28 in the first quarter.

While most firms are yet to iron out the finer details of their relocation plans; the survey shows that there is evidence to suggest that they are making decisions about the future of their employees in the UK.

Speaking to the House of Commons Public Administration and Constitutional Affairs Committee, Mr Khan pointed out that trade in services accounted for about 40 per cent of UK exports to the EU. However, the sector accounted for more than 90 per cent of the economies of London; Manchester and Edinburgh. As well as more than 80 per cent in Leeds and Birmingham.

Are you looking to put together a contingency plan ahead of Brexit, just in case things don’t go ahead as planned?

Galleon International has a team of global mobility experts who will put together specialised and unique programmes for your corporate relocation. For more information on how Galleon International can be here to help your business and its employees’ overseas move; get in touch today on 01708 868 068.