Portugal

Portugal Deadly Floods Force Evacuations, Collapse Main Highway

Life Insurance /
Portugal Deadly Floods Force Evacuations, Collapse Main Highway

Thousands of people fled their homes in central Portugal after rising waters burst through the banks of the Mondego River, flooding roads, collapsing critical infrastructure and leaving vast areas of farmland under water. At least 3,000 people were evacuated in the Coimbra area alone after heavy rainfall caused a levee to rupture, triggering significant flooding […]

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Retirees Living in Portugal: You Need a Post-NHR Tax Strategy

Investment Tips /
Retirees Living in Portugal: You Need a Post-NHR Tax Strategy

(Image credit: Getty Images) For many Americans who moved to Portugal in the past decade, the Non-Habitual Resident (NHR) program has made living there remarkably tax-efficient. It offered a flat 10% rate on pension income and exemptions on certain foreign-source income for 10 years — long enough for many to settle in and stop thinking

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