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105-E Offshore situation 2008 : Offshores & Mortgages
103-E Mortgages : Offshores & Mortgages
109-E Buying, Selling & Cost 2008 : Buying & Selling
104-E Changing offshore taxation : Offshores & Mortgages
100-E Realestate-Algarve : Home
101-E Business profile : About Us
118-E Building & Architects : Building
107-E Education in Portugal : Education
106-E Tax on Rental Income : Taxation & Succession
120-E Building restrictions in Portugal : Building
110-E SZA-Homecare : Health
114-E Long term property rentals : Letting and Rentals
116-E Tax evation & Tax planning : Taxation & Succession
121-E New tax reforms on realestate : Taxation & Succession
111-E Tax on Rental Income : Taxation & Succession
115-E AFPOP : General
117-E Architects : Building
119-E Project Management : Building
122-E Buying or Building : Building
123-E New property tax laws 2004 : Taxation & Succession
124 E Other mortgages : Offshores & Mortgages
134-E Fiscal Representation : Taxation & Succession
112-E Taxation in Portugal : Taxation & Succession
144-E Letting your property in Portugal : Letting and Rentals
142-E Legalisation of illegal buildings : Building
145-E Property licening : News letters
145-E Reversed mortgages : Offshores & Mortgages
146-E Newsletter March 2006 - 1 : News letters
147-E Newsletter March 2006 - 2 : News letters
150-E Newsletter March 3 : News letters
151-E Newsletter April 1 Rentals : News letters
152-E Newsletter 2 April 2006 : News letters
153-E Rentals license - the total picture : Letting and Rentals
100-E About Realestate Algarve 2006 : About Us
154-E Property Management : Property Management
155-E Again about rentals. : News letters
156-E Rentals and no progress : News letters
157-E Fiscal Number : Taxation & Succession
158-E Possible change in off-shore taxation : Offshores & Mortgages
159-E New Residency Laws : General
190-E Short term rentals : Letting and Rentals
192-E Energy Certificate : General
191-E Rental issues again : Letting and Rentals
160-E Documents needed for title Deed (Escritura) : Buying & Selling
161-E Development control : Building
162-E Capital Gains again : Taxation & Succession
164-E Tax on Expatriates : Taxation & Succession
165-E Hunting : Miscellaneous
166-E Villa licensing and no progress : Letting and Rentals
167-E Algarve Resident Feb. 2007 : News letters
168-E ReAct Discretionary Trust : Taxation & Succession
169-E Off-Shores and Trusts : Offshores & Mortgages
170-E Reverse home schemes : Offshores & Mortgages
171-E April 2007 : Letting and Rentals
172-E Tax Amnersty for British off-shore accounth : Taxation & Succession
173-E Off-Shore Bank accounts : Taxation & Succession
174-E Short-term holiday letting : Letting and Rentals
175-E Property Management Agreement : Property Management
176-E Equity release schemes : Offshores & Mortgages
177-E Holiday let licening : Letting and Rentals
178-E English inheritance tax : Taxation & Succession
179-E Holiday lets and Rental Income : Letting and Rentals
180-E Buying off-plan : Buying & Selling
181-E Setting up a company : Business structures in Portugal
182-E Calculation C.G.T. : Taxation & Succession
183-E Trusts : Offshores & Mortgages
184-E Tax retuns (IRS) 2007 : Taxation & Succession
185-E New Road Tax : Taxation & Succession
186-E Driving license renewal : General
187-E Valuations : General
188-E New Tourist Rental License : Letting and Rentals
189-E New Car tax system 2008 : Taxation & Succession

009-D Thuiszorg in de Algarve : Gezondheid & Soc.Verzekeringen
014-D Sociale Verzekeringen : Gezondheid & Soc.Verzekeringen
019-D Bouwbeperkingen in de Algarve : Bouwen
011-D AWBZ : Gezondheid & Soc.Verzekeringen
001-D Over Ons : Algemeen
004-D Makelaardij in Portugal : Algemeen
003-D Hypotheken in Portugal : Offshore & Hypotheken
005-D Belastingen in Portugal 2005 : Belastingen & Erfrecht
008-D Veranderingen in offshore per 1/1/02 : Offshore & Hypotheken
015-D Kwalitatief Marktonderzoek : Belastingen & Erfrecht
013-D Ziektekosten verzekering : Gezondheid & Soc.Verzekeringen
017-D Kopen en Wonen in Portugal : Algemeen
018-D Bouwbegeleiding : Bouwen
007-D A.F.P.O.P. : Diversen
009-D Kopen en verkopen & kosten : Algemeen
024-D Nieuw Nederlands belastingstelsel : Belastingen & Erfrecht
000-D Realestate-Algarve : Home
020-D Verbouwen van een boerderij : Bouwen
036-D December 2002 : Nieuws uit de kranten
025-D Veranderingen in makelaardij : Algemeen
002-D Makelaars in Portugal : Algemeen
023-D Huren voor een langere termijn : Huur en Verhuur
012-D Belastingontduiking & Belastingplanning : Belastingen & Erfrecht
016-D Veranderingen in onr. goed bel. per 1-1 : Belastingen & Erfrecht
027-D Nieuwe belastingwetgeving 2004 Patrimonium : Belastingen & Erfrecht
003-D Hypotheek Info RABO : Offshore & Hypotheken
028-D Buitenlandse spaartegoeden per 1-1-2005 : Belastingen & Erfrecht
029-D Inkomstenbelasting of I.R.S. : Belastingen & Erfrecht
030-D Belasting vertegenwoordiging : Belastingen & Erfrecht
031-D Nieuwe makelaardij wetgeving : Makelaardij
032-D Ficha Tecnica de Habitação : Bouwen
033-D I.M.I. - Onroerende zaak belasting : Belastingen & Erfrecht
037-D Uitwisseling gegevens rentetegoeden : Belastingen & Erfrecht
035-D Erfrecht procedure : Belastingen & Erfrecht
036-D Naheffing in SISA : Belastingen & Erfrecht
038-D Vermogenswinstbelasting : Belastingen & Erfrecht
039-D Het Nieuwe Nederlandse Erfrecht : Belastingen & Erfrecht
041-D Sociale lasten onafhankelijke werkers : Gezondheid & Soc.Verzekeringen
042-D Legalisatie illegale bouw : Bouwen
043-D Een eigen bedrijf in Portugal : Zakenlijk
044-D Verhuur van Uw huis in Portugal : Huur en Verhuur
045-D Aangifte inkomsten uit werkbetrekking : Belastingen & Erfrecht
046-D Belastingaangifte uit arbeid : Belastingen & Erfrecht
047-D Wie is belastingplichtig in Portugal : Belastingen & Erfrecht
048-D Nieuwe Huurwet 2006 : Huur en Verhuur
049-D Overlijdensakte : Gezondheid & Soc.Verzekeringen
051-D Is een off-shore nog de moeite waard? : Offshore & Hypotheken
052-D Wat te doen indien U nog een off-shore heeft : Offshore & Hypotheken
053-D Maken van testament en echtscheiding. : Belastingen & Erfrecht
062-D Vermogenswinstbelasting in Spanje : Belastingen & Erfrecht
063-D Medische behandeling in Nederland : Gezondheid & Soc.Verzekeringen
064-D Korte termijn verhuur : Huur en Verhuur
065-D AOW in het buitenland : Gezondheid & Soc.Verzekeringen
066-D Wonen en werken buitenland : Algemeen
067-D Energielabel : Makelaardij
059-D Witwasseb van geld : Belastingen & Erfrecht
068-D Franchise organisaties in Nederland : Algemeen
069D - Tarieven AOW 2009 : Gezondheid & Soc.Verzekeringen
054-D Aftrekbare medische kosten voor IRS : Belastingen & Erfrecht
005-D Belasting en Erfrecht 2006 : Belastingen & Erfrecht
055-D Niet of te late betaling van belastingen : Belastingen & Erfrecht
056-D AOW & ANW uitkeringen : Gezondheid & Soc.Verzekeringen
057-D Afhandeling erfenis in Portugal : Belastingen & Erfrecht
058-D Huishoudelijk Personeel : Personeel
059-D Witwassen geld : Belastingen & Erfrecht
060-D Vermogenswinst belasting in EG : Belastingen & Erfrecht
061-D Schenken aan kinderen : Belastingen & Erfrecht

email article print article145-E Property licening

Dear property owner,

We have recently informed you about the problem arisen as a result of inspections carried out by the Min. of  Economics. Rental agents as well as property owners have been fined, for which reason we had to decide to postpone our rental activities through our agency. The last couple of weeks meetings have taken place at the highest regional level in order to make the authorities aware of the enormous impact these action can have on Algarves economy, nearly totally depending on tourism.Recently during a forum organised by Network the authorities have been questioned about this urgent matter. You will find a report on this meeting below. Furthermore other organisations have asked the authorities to look urgently into this matter and we have been promised that we can expect a first briefing from the council of Presidents of the Algarve early March.

Property licensing
The hottest topic of discussion, however, seemed to be the licensing of property for rental and the recent spate of inspections being made at villa rental agencies (see January 20 issue of The Resident).
According to the numerous members of the audience who stood up to pose questions, hefty fines have recently been handed out for non-compliance with legislation which is only recently being reinforced and which many claim to be unfairly obstructive and unworkable.
Other members of the audience were keen to know if their existing licences were now invalid due to the transfer in administration from the Direcção Geral de Turismo to local câmaras. It must be said that the panel appeared to be rather confused and unable to supply definitive answers.  
Hélder Martins took the opportunity to make it clear that he is strongly in favour of there being controls in place to monitor the rental of private accommodation. He cited the fact that when fatal accidents happen due to faulty appliances in the home, bad publicity affects the region as a whole. He also pointed out that more often than not, in such situations, the finger of blame is often pointed at the tourism board, whether the property in question was licensed or not. He did not, however, comment specifically on the existing legislation for the licensing of rental properties.
Dennis Swing Greene of financial consultants EuroFinesco pointed out that he had only come across one câmara in the Algarve which was equipped to issue the licence, this being Albufeira Câmara which have produced an easy application pack, hinting that other councils need to come up to speed, and quickly.
Tax consultant and chartered accountant Filomena Ramilo warned that by fining rental agencies to such a degree (some have received fines of 150,000 euros), the economy as a whole would suffer, since businesses will be forced to close and the government will no longer receive income from the taxes. She also said that it would cause widespread unemployment in the industry and more people seeking support from the State.
Filomena Ramilo was extremely vocal on the issue and demanded that Macário Correia make it clear to his fellow câmara presidents that something had to be done to solve the unsatisfactory situation, as many of her clients needed urgent solutions.
The panel were in agreement that a more workable procedure needed to be found in order to make it easier for villa owners and rental agencies to comply with the law, however, they did say that the law was not a new one.
While neither Macário Correia nor Hélder Martins could offer an instant solution or a clear answer to appease the objecting members of the audience, the promise was made that the matter would be followed up. Macário Correia confirmed that he was due to host a meeting with the presidents of Algarve câmaras that very afternoon to discuss the problem. Meanwhile, Hélder Martins explained that the Almancil Business Association had invited him to take part in a meeting on the same subject, due to take place this week, a meeting which will also involve representatives from Loulé Câmara. Macário Correia asked those at the meeting who had received fines to write to him with the details, promising that he would look at their cases personally and speak to the appropriate câmaras.

 

Date Inserted: 17 February 2006
Last Updated: 17 February 2006
 
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