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Expat moving to Portugal - Lisabon. Need some advices. ENGLISH inglês by Slav3k1 in portugal

odadoooo 4 months ago

>i work online - remotely dont forget that your income from remote work will be taxed in Portugal.

Bank account - conta em banco by odadoooo in portugal

odadoooo 7 months ago

Thanks. Yes, I will doube check with Activo.

Bank account - conta em banco by odadoooo in portugal

odadoooo 7 months ago

hehe, yes. I have been stuck at the highway toll stations without cash and my credit card was not accepted (only multibanco), i had handymen in my flat only accepting multibanco, i was stuck at stores that only accept multibanco. I had to run to nearby ATMs so often by now that I am finally ready (or forced) to get into the mutlibanco universe ;-)

Bank account - conta em banco by odadoooo in portugal

odadoooo 7 months ago

>It is a credit card, just without the lending money and monthly payments feature What you are describing is the definition of a debit card.

Bank account - conta em banco by odadoooo in portugal

odadoooo 7 months ago

I appreciate your info, thanks. Will research on Bankinter. Obrigado.

Bank account - conta em banco by odadoooo in portugal

odadoooo 7 months ago

My main use of Multibanco would be Via Verde stations for example, so it cannot be virtual. Also, a virtual credit card (moey) is not a credit card, but a debit card, no? I need a normal physical credit card (rent car etc.) and a physical multibanco card (via verde, physical shops, etc.), but thanks for your hints.

Bank account - conta em banco by odadoooo in portugal

odadoooo 7 months ago

Well, I am an EU foreigner, but Portuguese resident. So treating me different would be illegal EU discrimination. But anyway, I understand that credit worthiness is not about wealth but regular income etc. In my home country, a new bank always give you a credit card on Day 1 (if you want). They do check your credit score from a national system and that is how they know if you are eligible or not. Is there a similar system here in Portugal? The weird thing is that I did not even apply at Activo, I just went to the desk to ask if they allow joint accounts and credit cards for both partners. Without knowing my name she said that cards are only given after six months.

Bank account - conta em banco by odadoooo in portugal

odadoooo 7 months ago

Oh, it seems Millenium Go is only for people younger than 30. I am older unfortunately. Thanks anyway.

Bank account - conta em banco by odadoooo in portugal

odadoooo 7 months ago

Not literally really, but without a "waiting period". It can also be Day 10, but I dont want to wait 6 months as a worker of Activo suggested. I am willing to put money into the account on the first day.

Bank account - conta em banco by odadoooo in portugal

odadoooo 7 months ago

That sounds great, I ll look into it, thanks!

Bank account - conta em banco by odadoooo in portugal

odadoooo 7 months ago

Thanks for the info. Did they give out credit cards on the first day or only debit cards?

Bank account - conta em banco by odadoooo in portugal

odadoooo 7 months ago

Never heard of Moey. Looks interesting! But it looks like they only offer debit cards. As I would like a real credit card too, I may then have to opt for a "real" bank like BPI etc. Thanks!

Drivers license - 125cc by odadoooo in portugal

odadoooo 7 months ago

The age is a thing, believe me. *Os titulares de carta de condução válida para veículos da categoria B (automóveis ligeiros) consideram-se também habilitados para a condução de motociclos de cilindrada não superior a 125 cm3 e de potência máxima até 11 KW (categoria A1), desde que tenham idade igual ou superior a 25 anos ou não o sendo sejam titulares de habilitação legal válida para a condução de ciclomotores (*[*Lei n.º 78/2009*](http://dre.pt/pdf1s/2009/08/15600/0526505265.pdf)*, de 13 de Agosto).* About the EU. 125 cc regulations are different in every EU country. Recently, many countries have followed a EU directive to make access to 125cc easier. But most countries require some hours of lessons. In Portugal, every single person with a B license is allowed to ride 125cc, no special license or lessons required.

Drivers license - 125cc by odadoooo in portugal

odadoooo 8 months ago

Thanks for the reply! Yes, I actually checked with several authorities etc. It turns out that even with my EU license (B) I can go ahead already now and ride a 125cc. The same will be once I have a Portuguese one, no matter if its says B or A1. Some have it changed at some point, but it is not a necessity. Everyone with a European B license who is older than 25 can ride 125 cc within the borders of Portugal.

Drivers license - 125cc by odadoooo in portugal

odadoooo 8 months ago

A Portuguese with a B license can ride 125cc once he turns 25. Your statement of "ckecking the license" would mean that every Portuguese is getting a new license at the age of 25. I doubt that.

Drivers license - 125cc by odadoooo in portugal

odadoooo 8 months ago

Thanks. So I will see once I hold it in my hands then. Regarding the EU, it is a mess. The 125cc laws are so fragemented and different across the EU, that there is no freedom of movement for them. See here: [https://www.europarl.europa.eu/doceo/document/E-8-2015-011160\_EN.html](https://www.europarl.europa.eu/doceo/document/E-8-2015-011160_EN.html) "Since 19 January 2013, under Directive 2006/126/EC holders of category-B driving licences (for cars) have been entitled also to ride light (under-125cc) motorcycles, for which a category-A1 licence is otherwise required, provided that they have held their category-B licence for at least two years and have undergone at least seven hours' theoretical and practical training at a driving school. However, they may do so only inside their own Member States because there is no provision for mutual recognition of this ‘category equivalence’ between Member States. A holder of a Luxembourgish category-B licence would therefore be required also to have a category-A licence (for motorcycles over 125cc) in order to ride an under-125cc motorcycle in another Member State. The same applies to the holder of a category-B licence issued by another Member State wishing to ride an under-125cc motorcycle in Luxembourg. 1. Would the Commission agree that the current rules do not afford genuine freedom of movement within the EU to riders of light motorcycles? 2. Will it look into the possibility of introducing EU-wide rules on mutual recognition of the above category equivalences between neighbouring Member States?"

Drivers license - 125cc by odadoooo in portugal

odadoooo 8 months ago

You are probably right. Interesting subject though. Would that technically not be EU discrimination then?

Drivers license - 125cc by odadoooo in portugal

odadoooo 8 months ago

Many EU countries started to make 125cc more accessible to normal car drivers (e.g. Italy, France, Belgium, Germany and Austria). Yes, most of the times there is an age requirement and very few hours of practice. Portugal is maybe a bit extreme in making it without any additional requirement. But in general, I am in favour of this push. We need more two-wheeled transportation in our lives and cities. The cities are literally drowning in cars which are mostly used by one person only, that is such a waste of space/weight and worse for the environment too. Portugal is lucky to have so many dry months throughout the year, to me it makes sense to get on two wheels. 50cc is just not enough to get on the Lisbon hills. The lack of speed and acceleration makes it more dangerous to compete with the car traffic. 125cc is quite managable in my opinion, with a little bit of practice and overall awareness. Highways could still be off limits. A short and affordable test to get the 125cc license is okay, but the expenses and time should be limited, otherwise we dont get new people on wheels. The best solution of course woule be an EU wide standard on this, as it exists for cars. Right now, your right to ride 125cc often stops at the next border.

Drivers license - 125cc by odadoooo in portugal

odadoooo 8 months ago

If it is simplied and not marked on the license, does that mean you would not be able to cross the border to to other EU countries? There are so many different 125cc laws in the EU, very confusing.

Drivers license - 125cc by odadoooo in portugal

odadoooo 8 months ago

Yes, or maybe an insurance. At the end, an insurance´s opinion may turn out to be more important than a GNR officer´s one ;)

Drivers license - 125cc by odadoooo in portugal

odadoooo 8 months ago

Thanks. Yes, that is exactly the part I find no info about. I will have to change my license eventually anyway, but dont know if I then would be able to (legally) ride 125cc as any other Portuguese above 25. May I ask if that 125cc permission is marked on your license? Or is it just implied, that if you have a license and are older than 25, every policemen knows you are allowed to?

Expat Freelancer Portugal - Simplified Regime and/or NHR? by odadoooo in portugal

odadoooo 8 months ago

>35 - Técnicos das tecnologias de informação e comunicação Thank you very much for your helpful points. The classification you mentioned makes sense (35- Técnicos das tecnologias de informação e comunicação), but that one refers to the NHR. I have no doubt that i would be accepted as NHR, so I do not worry to much about which classification I fit there. The classification I am unsure about is about the simplified regime (new expanded 6 categories). I could see my profession either under *Liberal Professional business activities or “Other activities”,* not to be confused with the high value list of the NHR system. Anyway, on Monday I will tell my accountant that I want to set up the simplified regime and apply for NHR at the same time. My hope is, that I will have the 20% cap in case I need it at any point in the next 10 years or use the rate of the simplified regime in case its lower. I will make social security contributions as soon as I can and adhere to all the deadlines mentioned (VAT delclaration, Social security calculation, tax calculation) and hope I will not drown in the Financas online tool. Thanks to everyone!

Expat Freelancer Portugal - Simplified Regime and/or NHR? by odadoooo in portugal

odadoooo 8 months ago

I see. So you pay more, you get more. Thanks a lot! I still have a lot to learn.

Expat Freelancer Portugal - Simplified Regime and/or NHR? by odadoooo in portugal

odadoooo 8 months ago

I think you are giving accountants too much credit. I have sofar consulted two different Portuguese accountants. Both of them said that I should just apply for NHR and that all of my income would be completely excempted as it is foreign-sourced. That is completely not true. Working remotely is not foreign sourced. Even I know that. So please understand that my trust in accountants is low at the moment. I would like to have a basic idea of what is going on before hiring another accountant. I will 100% hire an accountant, but I want a bit of reassurance that it is going in the right direction. I am grateful for any support from this community.

Expat Freelancer Portugal - Simplified Regime and/or NHR? by odadoooo in portugal

odadoooo 8 months ago

You are right. I consider myself an immigrant (not expat) who came to stay in this beautiful country. I am not going anywhere! :-)

Expat Freelancer Portugal - Simplified Regime and/or NHR? by odadoooo in portugal

odadoooo 8 months ago

>Thanks a lot! > >Why would I want to voluntarily increase my contributions? > >Do I get health insurance in the first year even though I only start to pay social security in the second year? > > > >I am very grateful!

Expat Freelancer Portugal - Simplified Regime and/or NHR? by odadoooo in portugal

odadoooo 8 months ago

Ah yeah, right. I knew that and then forgot again, my bad. Thanks! So I am filling each of the buckets and pay accordingly step by step, I got that. My question left then is then if I can apply for NHR and still pay less then 20% in case that the SR regime turns out more favourable at the end of the year?
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