A word of warning. It is almost 3 years since my wife and I purchased property on the Algarve on probably the most exclusive resort. BANK ACCOUNT, MORTGAGE, CREDIT CARD,ALL SORTED THROUGH PORTUGUESE BANK. Conveyancing through highly recommended lawyer. However recently we noticed a 1750 euro debit to our account which when we enquired was taken direct from our account by the courts( allowable by law) for non payment of an email/mobile account in 2009, at an address we have no knowledge of in Lagos, many miles from our property.The phone company apparently accepted a photocopy passport and photocopy fiscal registration cert. as id,( where they aquired these is particularly worrying, as this information was only held by official or legal bodies at our time of purchase). The a/c ran for a number of months before the phone company issued thru the court with extra costs an order for payment. We have no knowledge of any such deal and indeed were not in the algarve on the signature date! We are now going thru a lengthy and costly procedure to have this reversed. The banks cannot refuse payment to the court if an order is made and they are not allowed to inform the account holder till it has been processed. So please take care and if anyone has experieced similar let us know.
Hi can anyone tell me the law regarding what happens to the house after death in the family I.e.I was talking to a neighbour and understood that she has put her house in her name because they have both been married before and if it was in joint names if he died his half would go to his kids from previous marriage is this true . If so we are in a similar situation but our kids are in England and not got Portuguese residency would this still apply or would the house go to the other partner
We have some land near Barão de São João and we know that we cannot build so we have been looking for a caravan, however, we keep seeing adverts with 'Caravan for sale no papers' is it a legal requirement in Portugal to have papers of ownership, or is it just to say they cannot prove the caravan has not been stolen? Help to clarify would be appreciated.
Has anyone been requested by Financas to provide evidence that the tax credit available on dividends paid by UK companies has actually been paid in the UK? I have been requested to supply such proof but cannot find anybody (including staff at Financas and local accountants) who can tell me what is acceptable. I did get a letter from HMRC stating that the dividends paid by the company concerned were deemed to have suffered a notional tax credit of 10% but Financas will not accept this. Any advice would be greatly appreciated!
Hi I have just bought a property in Albuferia and need a Fiscal representative can any one offer a recommendation as to a company who can do this at a reasonable cost, I understand the legal requirements but some of the figures i have come across are just taking advantage of a situation, Any recomendations would be helpful and if you can offer contact info as well that would be brilliant.thankyou.