Portugal PM Resigns: What’s next?
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- Опубликовано: 1 июн 2024
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Dave, keep up the good work. You present timely updates not only of interest to expats living in /planning to immigrate to to live in such a great country, but to a Portuguese audience as well. I can tell by the positive comments from Portuguese listeners that they appreciate an 'outsiders' viewpoints when it's not hostile or negative.
It’s not over till it’s over. Praying for the best to Portugal and its people. Thank you Dave. Loved the music performance 😊
Your eyes lit with happiness in the heritage video with mum.
Dave, you're doing a fine job. Keep up the good work. You're making people's lives easier. So glad we got in at just the right time. We got here in mid August and got through SEF mid October and our NHR is pending. We also got hooked up with private insurance. I went to the doc to have my meds re-perscribed. When I picked them up they were almost free. We're so stoked on the move. We've enjoyed you vlog all the way. Its been almost too exciting for a 72 year old.
Thank you for the update!
Thanks for the quick overview. Very helpful. 👍🏼
Been working on my residency and your posts are always so informative! Thank you, Dave! Way to rock!
Hey Dave, Good news and glad to hear it. Happy for the people considering a move to Portugal. BTW...impressive guitar skills!! Randy/GA (USA)
Love the vids, you helped me a lot while moving here. Thanks Dave
Thanks for the information and thanks for the great Christmas tune at the end.
Doing a great job. Thank you
Bem o Orçamento de Estado foi aprovado. Logo é necessário ler.
Sobre a situação do Costa, ainda a missa não vai a meio
Dave, your Mum is beautiful! Thanks for sharing this update. As one of those effected by the NHR news, I appreciate it.
Dave, thank you so much for this video and keeping up with these important topics; educating the rest of us who don’t have the time or knowledge…
Love the guitar 🎸 play at the end.
🎉Happy NY ‘24🎉
We will survive. That was just another friday.
Hey Dave! I just went to Lisbon for Thanksgiving week and pretty sure I saw you in the airport! 😂 I had been watching your helpful videos to plan for my trip and then saw a guy in the airport that looked super familiar and I figured out it was you! Hope you had safe travels over the holiday!
Amazing guitar 🎸 music 👍👍👍👍
thank you.
Love the music video!!!💕💕
The political system in Portugal is semi-presidential where the parlement have the legislative and executive power and the president have the power of veto, with some limitations, and the control of military. One of the president's powers is to dissolve parliament just because, which already happened with Jorge Sampaio, Costa dont resign just because of this in the last months yhere have been several poorly explained cases involving ministers and secretary of state and Costa know if he dont resign Marcelo will dissolve parliament and force him out, so it's a classic case of don't fire me, I resign.
The dissolution of parliament has already been announced but it is not yet official, meaning the government continues with full powers, the dissolution will only happen after approval of the state budget so the end of tax break for non-habitual residents may still be approved.
You are right when you say that the big housing problem in Portugal starts with the big real estate funds that buy entire neighborhoods and the government does nothing to combat this, but the tax break and Visas for digital nomads also contribute to this, especially in the center of large cities.
Yes, and since they have a tax redution for the same wage they are in advantage for median wage in can be a 500 € difference per month this in 14 months a year is about 7k € difference is it fair?
And i'm not sure if they health taxes are included in those 20% if they then it is even worst
@@antoniocosta1034 The 11% for social security is only mandatory for some types of income and it is easy to get around the situation and not have to pay.
If a Portuguese get +16k a year have to pay 26% IRS more that any non-resident, but most of the system's beneficiaries have much higher salaries +50k a year they shold pay 46% but only pay 25% is 10k difference.
Thanks for this Dave. Somehow this appeared just for me. I'm a follower now:). I've been stressing because I'm moving here, I have a lease, etc. but my D7 appointment with the consulate in the US isn't until next month. Cancelling the NHR put me in a tough spot. It appears now that I may be able to get my residency and claim my NHR status after all. I've got my fingers crossed. Thanks for posting htis!
Thanks!
Thank you so much 🙏🏻
@@DaveinPortugal Another happy future expat. Been to Portugal few times researching the move but your articles are always informative and so reasonable. Such. Hard thing to find in our modern times. Thanks
I’m a faithful follower Dave! I will be headed to Portugal for the month of April 2024 and your videos are very much helping me to prepare. I thank you for this! Any advice on where I could find families I could stay with. The hotel/airb&b /vrbo experience is not all that appealing for me. I would much rather immerse myself in a family or small
Community. Thanks again and I will keep watching!
Great ending 🎸
Thanks for the content Dave. I'm currently caught up in the transfer from SEF to MAIA for simply trying to change my address! It is impossible to get an appointment by internet , phone or Email. I'm told that I can go to my local SEF/MAIA office in Porto to make an appointment to, you guessed it......make an appointment! Nothing surprises me anymore. But....I will never leave. The current government will resolve some day, so we'll just wait and see. BTW, I did an Ancestry DNA test years ago, I am 52% Portuguese and about 46% combined Northern and Southern Italian. DNA testing is pretty much unheard of in Portugal, everybody knows that thy are Portuguese! Haha.
It is not MAIA, it is AIMA 😉
what a man !!!
Dave Rules ...
Omg the country where I'm living is in shambles and all that matters is my tax break.
Nah he’s educating camones what the heck is actually going on here
For him, it is. He does not care about the rest, he does have more than enough money to pay expensive rent and private healthcare. And if I were him, I would do the same.
@@davidlguerr there are two types of people in this world….
Those that complain about not having enough money….
And those who go out and make it happen.
No matter what.
@@DiogohenriquescaralhoYou can add a third option. Those who can't get enough money, even with hard work 😉
The "Ministério Público" made an error changing the names of two different men: António Costa and António Costa Silva. So, as it seems, António Costa wasn't involved in any scheme. Here for us, he had already said, two years ago, that he was very tired physically and psychologically.
Desculpas, há escutas que provam que ele está envolvido, e agora despediu-se que é para quando for apanhado já não está aqui como o Sócrates
Interesting. 😊
Thanks Some Guy Named Dave. Have you heard anything recently about the Portuguese government changing commercial buildings for sale to allow residents to purchase as homes? Saw another RUclipsr that claimed this was just beginning but no other info anywhere else. She stated that it would be a potential windfall because of the price differential being much cheaper for commercial properties.
Thank you Dave, we are Chilean Family living in Portugal since september, I found out your info before we came and like to understand more the culture, corruption is the commom in politics, the rare is the good people, anyway things have to change people is sick of corruption. Also institutions a ONU and organizations are capured also and gets money from the goverments and never do what they was created for. And after been part of the goverments ends in those organization captured by them. One examples is since I was a little girl Africa needs help and they asked for Money make concerts and so on and until now Africa looks the same! So I dont beleive in politics and ong! Peolple needs freedom and you should find out videos from Axel Kaiser in English explaining that and you can understand something about what I am talking about! Cheers and love your videos!
The tax changes will happen. The government was dissolved but only after the budget been approved, so all the changes announced will happen, that way the government will be in management role until March, giving the opportunity to have a more realistic budget than manage with 1/12 per month of the previous budget. When the new government will take function, than can rectify the budget, but so far is the one that was announced by Antonio Costa
Por favor Dave. A demissão do PM deveu-se à dignidade do cargo merece e nao pelo facto de o senhor Primeiro Ministro se considerar culpado. Acresce ainda que existe um Ministro com o mesmo nome do Primeiro Ministro o que provocou um erro por parte de quem fez a investigação.
Julgo que nao fizeste menção a isso e acabaste por transmitir uma imagem muito negativa do nosso país.
Não não passou imagem negativa, os nossos politicos são corruptos exploram-nos descaradamente e depois ainda votamos nos mesmos partidos. O Costa é culpado há escutas que provam que ele é culpado e não porque estava cansado
Eu até tinha vergonha de lhe dizer isso porque só esse facto torna algo ridículo em ainda mais ridículo. Que república das bananas!
Where ever there is money to be finagled there will be corruption in Portugal, in my lifetime I have never known it to be any other way.
I just completed a telephone call with my attorney's office in Lisbon 29 de Novembro 2023 18h30
I received news that I will be able to complete what I have started.
The Português legislature voted today.
Part of the bill included provisions for those of us who had started the process for a residency visa and a AIMA Residency permit.
The NHR will be provisionally extended into 2024 because I have submitted my application for a D-7 visa with VFS Global in Washington DC before 31 Decembro 2023.
I have the receipt.
Speculation. Let’s wait until the 29th of November when all that is decided.
It's going to be a mess. Buckle up, it's going to be a wild ride.
I think the time to apply for Visas is now.
The prime minister had the best attitude. In France, the ministry of justice was judged guilty, but he still is in the government 😂
Well, we are keeping our NIF alive for another year and have our consulate interview still alive on Feb. Just hoping NHR demise will get postponed just long enough to get our tax-reasonable foot in the door before it will actually pass the legislators.
I appreciate the effort, but as of the date of the release of this video, your information is completely out of date. We won't know till the 29th (maybe), but honestly, this video is misinformation.
You're mom sure seems to be quite fun. 👍
Yo, who know Moms was such the content creator!! I see where ya get it from 😂
Loved the My Heritage spot with your mom! We are planning our Recon Portugal trip in March or April! To see where we'd like to retire!
Thank you Dave! We are still looking at Portugal and the tax decision will have a big impact on our move. We live in the US, I still have my German citizenship and my husband will have his dual citizenship soon.
Please don't come. Look elsewhere
@@lysdexsick wow.
Cool.
The NHR has been at the root not only of corruption but also of spiking housing prices which pushed the Portuguese citizens to the outskirts of Lisbon, far away from their workplaces, and the old people who lived all their lives in the age-old downtown Buroughs, now pricy vintage locations, being kicked out of their rented homes. This not being enough, not only the Golden Visa benefits to foreigners as well as other tax reliefs or exemptions as well as access to free healthcare are most unfair and undemocratic. Foreigners are very welcome to live in Portugal and enjoy the country so long as they pay taxes in an equal footing to those paid by the Portuguese citizens. As I usually argue, if foreigners have the money to buy expensive properties in Portugal, this is reason enough for them to pay not less taxes but, preferably, more. It is not fair that wealthy people enjoy all the national infrastructures paid for by the poorer Portuguese citizens.
My 4 year old says the solo guitar was great. I agree 🎉 as per politics. I'd say observe and wait to see how this turns out.
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Tis a mess. I feel sorry for everyone. Every government is corrupt. And the corruption has gone wild in recent years. Ultimately the taxes in Portugal are way too high for the people born here and those hoping to relocate. People save and plan for years to retire here. NHR was an important incentive. Retirees speed millions in Portuguese businesses and are not a burden on the state. Let's hope it all gets resolved fairly.
Real estate speculation by foreigners is making impossible for locals to buy or rent a house
I am a huge fan, BUT as of the date of your posting, your information seems extremely inaccurate. According to all of my sources, including the law firm that is representing me on my Golden Visa and 2 other Portuguese immigration lawyers who are acquaintances, there is a budget vote scheduled on November 29th. If passed as proposed, the NHR would be revised in a way that it would no longer benefit most expats. If you are (or could be) NHR eligible, you need to be paying attention and preparing to act quickly. Don't be encouraged by this video to delay. Watch for any news on the November 29th vote.
The Socialist have the majority, the state budget will be approved. The new government can alter this budget, but, at the moment none of the 2 major parties will have majority. So there will be a need for coalition. At this moment the Socialist candidate that has the more approval favors coalition with the left BE. The Social Democratic, says there will be no coalition with the right Chega, so have little hope to have a stable government. The NHS is under financial pressure. There are strikes for better payment etc. Having free medical for all, and cheap medication will have to end. If you have made no contribution to the system you should not be eligible to the same benefits. All should pay taxes. As a Portuguese tax payer I will be paying close attention to the candidate that shows plans to end this free ride, will get my vote. Even if it means voting left.
It's sad to see the state of my country, one of the lowest income countries in europe while being one the the countries that have more taxes in europe, it's impossible for 99% of people under 30yo to move out alone, you always need a partner and even then it's hard, you can never live off one salary, I'm on the top 30% in term of salaries, basically above average in portugal, I can't afford any kind of rent alone.... what we need is not some "safe hands" or an insignificant increase to minimum wage, what we need is change, we also dropped from second place on the most secure countries in the word to 7th place because of "illegal" immigration, and illegal in quotes because it's not illegal, my country just lets anyone in, " oh are you a registered offender on your country, committed multiple crimes and are running away? no problem we welcome you, also here's a house for you and your family, you also don't have to pay taxes for 2 years, and we will give anyone that hires you some compensation". like... what the heck
The parliament hasn’t been dissolved yet.
The president accepted the prime minister resignation but it didn’t dissolved the parliament so that the national budget for next year can be approved.
Hey Dave I am buying an income producing property in PT and due to all this uncertainty I’m thinking I’ll wait to apply for residency until I definitely know.
Do you think that is wise or should I get the NHR while the getting is good?
Also it costs €500,000 to get the NHR golden visa right?
For golden visa you have to buy at least a €500k property.
Golden visa are over if i'm not mistaken
This can actually be a messed up thing ***IF**** the guy mentioned in the investigation was Antonio Costa e Silva , one of the ministers, and not Antonio Costa, the prime minister like it has come in the news. That said , the current government ,PS is a center left party and probably if there is a change , PSD - a center right party - gets to government. If we take out the times of Passos Coelho, that went berserk on austery , PS and PSD are not that different in all honesty in most aspects- the socialists tend to be more generous in social policies and the Center right now rigorous in terms of budget .
In this particular situation whoever comes is kind of advised to keep the country in the same course, as the new goverment will end up being compared with Costa's government results, that as you mentioned, manged to get a considerable economic growth that consistently exceed the EU average.
In regards to the NHS, whoever will be the new government will be subject to the same pressure Costa was both from the population but also from the EU,so I do not expect great changes.
I'm delayed moving to Portugal until the spring of next year. Was a total punch in the gut to hear about the NHR ending last month, but now I can hold out hope!
Truly a punch I'm the gut to come and live with the same conditions as the locals and still hear 4 times the local average salary.
And what speks about coming here and pay tax as I do as a local? What is Portugals benefit when you come and only paying 20% and me over 30%?
@@Clusterworldde You can always come to America illegally, and have everything you need paid for. :)
Not an answer to my question@@triggeredsnowflake2507
Wĥat portugal needs to know about the world, we are in the mist of the 5th industrial revolution, low salaries and high taxation, that's how we got behind during the last 4 industrial revolutions😢
Low wages are caused by low productivity. Unless corporate productivity increases, wages are not going to increase anytime soon. 90% of portugueses businesses are very small companies with low productivity. A change is needed for more productive types of businesses.
The "o" sound in "Costa" is not stressed and you are mispronouncing the "o" like "cone, dome or Rome" which is the wrong "o".
This "o" is more open like "dog, cost, love"
It's not Coast-ah LOLOLOL it's Cost-ah
Thanks for the Heads Up, Dave We Need Not Yet Another ill Intended Coward Leader by Any Means. Dave, You Look Just Like Your Mom lol! 🗽
Your praise of the economic growth around minute 4-5 is just plain false. Antonio Costa has not made the economy better in any sense of the word. Salaries have raised very little, taxes have raised quite a lot, debt has raised even more, investment is very low and decreasing even worse, construction is full of corruption and slow. Economy is deteriorating every year this government has been there. Your sources are either manipulating the numbers, very skillfully, as the government does, or more likely, are being paid off like the media in Portugal. Just some numbers for you: 10 years ago, 1k eur was a good salary, a house in city would cost 500. Now 1300eur salary, the average salary, and houses in city for less than 1k is impossible to find. We raised the salaries 10% maybe 20% and the price of everything by 50%-100%. You do the math.
Corruption in Portugal? Oh no! Say it isn't so. Dave, that's just the tip of the iceberg. Chega is just waiting to take over. Many Portuguese never liked Costa to begin with.
Wow! You have skills!
Ate logo!
There's a lot of people who dislike him... that's why it was so convenient for some people the incompetence of the "Ministério Público" (Idk how to say that in English!) to mix up António Costa for António Costa e Silva! Chega is a nazi-ish party, so I hope they'll never take over! We had dictatorship from 1932 until 1974, that was enough!
Most didn't like him, really, how did he get majority then?
@@antoniocosta1034 Eu não disse que a maioria das pessoas não gostava dele; eu disse que muita gente não gosta dele!
I know PM Costa was popular. It's unfortunate. I don't know why immigrants feel they should not pay their fair share. They are mostly retirees, I'm sure they take advantage of the medical care there among other things
They should be taxed just like everyone else in the country. It's not fair. And this is coming from someone who wants to live there someday.
it's because of those tax benefits that the portuguese middle class is sinking; teachers, nurses, police officers etc cannot work in larger cities -like lisbon or porto- because they cannot afford housing... so yeah, as a portuguese i hope they end that bullshit plus the golden visas. Moreover, the PM is not a suspect of corruption, -he was not indicted and none of the evidence points to his involvement in any corruption scheme. His staff did and that made the political environment too toxic for him and his party. So do get your facts straight.
Omg
The level of arrogancy of Dave is just unbelievable
It's a pity Joe Biden doesn't do the same thing