September 2019

Belzuz Abogados - International Lawyers (Spain & Portugal)

Dear Sir / Madam,


We are pleased to send you our newsletter, with articles of Spanish and Portuguese jurisdiction and laws that we hope you will find interesting.

Cordially,
BELZUZ ABOGADOS S.L.P
Madrid | Lisbon | Oporto

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LABOR LAW DEPARTMENT - PORTUGAL

 

The TECH-VISA PROGRAMME - new measure to attract highly qualified foreign workers to Portugal

 
The new Tech-Visa programme is in force since January 1st, 2019 and consists in incentives given to companies in the scope of welcoming foreign students who intend to perform highly qualified activities in Portugal, therefore contributing for the latter’s economic growth.

This programme intends to complement the “Startup Visa” and “Golden Visa” programmes and is intended to all companies seeking to hire highly qualified employees outside the European Union.
 
The TECH-VISA PROGRAMME - new measure to attract highly qualified foreign workers to Portugal

REAL ESTATE - PORTUGAL

 

Real estate activities - new obligations under the prevention and fight against money laundering

 
The new regulation from the IMPIC (the Portuguese Institute for Public Markets, Real Estate and Construction) that defines the procedures and mechanisms applicable to all entities that carry out real estate activities became effective in June 2019 to ensure compliance with all obligations under the prevention and fight against money laundering and terrorism financing (ML/TF) set forth by Law 83/2017 of August 18.
 
Real estate activities - new obligations under the prevention and fight against money laundering

TAX LAW DEPARTMENT - PORTUGAL

 

Capital Gains - Discrimination between Residents and Non-residents

 
Taxation of capital gains arising from the alienation of real rights on real estate property made by non-residents in Portugal is handled distinctively when compared to taxation applicable to residents.
 
Capital Gains - Discrimination between Residents and Non-residents
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