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The number of foreigners residing in Portugal under the Non-Habitual Residency (NHR) scheme has almost doubled over the past 18 months. More than 23,000 foreign nationals currently benefit from Non-Habitual Residency, which is up 83 percent on January last year.
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Chairpersons from the major banks in Portugal have united in stating that Portugal is not experiencing a bubble in the real estate market, creating further confidence in the industry.
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More than half the electricity consumed in Portugal in 2016 came from renewable sources (54.1%), the third highest amount in the European Union (EU), Eurostat reported.
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The Algarve has come out as a leading golf destination once again in the latest rankings as released by Golf World.
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The Vila do Bispo municipality is becoming an archaeological hot spot after further evidence of the Roman occupation of the Algarve has been unearthed.
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