The foreign currency market is the largest and most traded financial market in the world, with more than $6 trillion traded each day, and over 80% of the foreign currency trading is for speculation purposes. The main drivers that influence exchange rate movements are economic and geo-political events, and technical trading by investment banks. These...

A new survey conducted by overseas property consultants at YourOverseasHome.com reveals that prospective expats are looking to embed themselves in the culture of their new home country, as most want to live amongst the locals abroad and learn the language of the country they’re buying in.  The survey gained over 4,000 responses from people who...

Portuguese estate agents must be licensed and qualified, so ask to see their INCI certificate and AMI licence. With typical agent fees of more than 5%, private sales are common – look out for boards saying vende-se or para venda. By Christopher Nye Among Portugal’s largest online property portals are casa.sapo.pt and imovirtual.com, or a...

New data has shown a 31% increase in young British people (aged 18-24) looking for overseas property in Europe in the last three months of 2022 vs the same period in 2021, as the cost of living crisis in the UK, combined with growing unaffordability of UK housing appears to be prompting more young people...

50% of people buying abroad are now considering working from their European holiday homes, new research reveals.   In a survey of nearly 600 home hunters conducted by overseas property experts Your Overseas Home, half of respondents said they may work from their holiday home once they’ve found their ideal property – proof that a home...

New data released today from overseas property portal Kyero.com shows increased interest in European property from overseas buyers in the first three months of 2022, which it partly attributes to the rise of digital nomads looking to work overseas post-Covid, and new visas being introduced encouraging them to do so. ...

Portuguese mortgages follow different rules to those you may be used to in the UK or in the US. Here Mortgage Direct, a leading mortgage broker in Portugal, provide answers to the frequently asked questions from expats looking to take out a Portuguese mortgage. Written for Expat Network by Mortgage Direct ...

New data, released by overseas property portal Kyero.com, reports record increase in traffic with interest in Portuguese and Spanish property at an all time high during 2021.  Kyero has seen rises in the volume of traffic for both countries against volumes in 2020 and against 2019. Kyero, which has over 870,000 European properties listed on...

Portugal has long been regarded as the perfect country for expats. Low living costs, 300-days of sun, favorable tax-benefits and stunning landscapes. Buying a house here as an expat has a very long list of advantages for foreigners. However, recent uncertainties birthed from the COVID-19 pandemic, in addition to Brexit, have created concerns about moving...

Portugal’s Golden Visa provides an option for foreign investors from non-EU countries to obtain residence in Portugal. This allows the investor to enter and/or live in Portugal and to travel freely within the Schengen Zone. What are the requirements and benefits? What are the main benefits of Portugal’s Golden Visa? Portugal’s Golden...

In their annual report on house purchase and rental prices in Portugal Imovirtual have seen increases in the price of buying property in many areas but a reduction in rental prices. Here they set out the results for each area. Written exclusively for Expat Network by Imovirtual House Prices in Portugal House prices in...

How does your perfect day in retirement look? What about a morning spent exploring the local market, a lazy afternoon in the sun at the beach – just a short walk from home – and then sitting out in the balmy evening temperatures with good food and wine? For Brits who retire to Portugal, every...