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Support services for expats and property owners
Providing support services for property owners and expats in the Algarve, Algarve Assistants help not only with the bureaucratic details, they can help negotiate the best mortgage or financing solutions for your projects. As a licensed Credit Intermediary (Intermediação de Crédito) and registered with the Bank of Portugal, they work with banks and financial institutions to present the best solutions for each client’s particular case.
The Non-Habitual Resident scheme allows for tempting tax incentives and breaks for those spending part of the year in Portugal. Algarve Assistants can help you apply for NHR status and guide you to the savings that may be available to you. Find out more about this and tax in Portugal.
In addition they offer a Fiscal Representative service, dealing with the tax office on your behalf. They can also take care of your usual bills and provide a postal address for official correspondence in Portugal. If you are bringing a car to Portugal from another country they can help with the car matriculation process, and if you are simply in need of some translation services, Algarve Assistants can do that too.
For property owners, Algarve Assistants can help in the process of acquiring a Rental License for the property (Licença de Alojamento Local). The license is obligatory if you wish to earn income from renting out your property. In addition, they take care of the billing for the rentals, do the tax returns and make sure that all the correct documents are send to SEF - Serviços de Estrangeiros e Fronteiras (Foreigners and Border Service) each time your property is rented, as is required by law. They can also help control the costs of running your property by ensuring you are on the correct tarrif for electricity and water as well as negotiating favourable rates for insurance.
Operating across the Algarve, with an office in Faro, all of the services provided by Algarve Assistants can be used on a once-off basis or as part of an ongoing agreement - whichever best suits your needs.
Algarve Assistants Services
- Non Habitual Residency Tax Status
- Fiscal Representative
- Credit Intermediary - mortgages and financing
- Property Rental Licence
- Accountancy services and advice
- Tax returns
- Driving licence exchange or registration
- Office services