Home Blog Page 12

Where to Celebrate Valentine’s Day in Porto in 2025

On any given day, Porto is a dream, so imagine the possibilities on Valentine’s Day. With its riverside charm, historic architecture, and stunning vineyards climbing the hills nearby, Porto offers an array of enchanting locations perfect for celebrating love. Here are eight unique places to enjoy Valentine’s Day in the heart of Porto this 2025.

1. Go for a stroll through Jardins do Palácio de Cristal

Why not start your day with a peaceful walk in the Jardins do Palácio de Cristal? These beautifully landscaped gardens offer stunning views of the Douro River, perfect for a romantic escape. Stroll through tree-lined pathways, discover hidden corners, and enjoy the tranquility of this serene oasis in the city.

2. Take a cruise down the Douro River

Now that you’ve had a look at the gorgeous Douro River from above, why not take a cruise and pass under the six bridges that cross over it in Porto? If you’ve ever seen the movie “Before Sunset,” you know all about the love that can be shared in a conversation along the river? Cruise for as little as €18 per person along the Douro and choose between daytime or sunset on the water

Porto events in December
Porto and the Douro River. Photo by Armando Oliveira (Pexels)

3. Catch the sunset in the Ribeira district

Head to the Ribeira district for an unforgettable sunset by the Douro River. The colorful riverside buildings, bustling cafés, and the gentle lapping of the water create a magical atmosphere. Enjoy a glass of port wine at a riverside terrace and watch the day fade into evening.

4. Try a wine tasting at a port cellar

For a quintessential Porto experience, visit one of the many port wine cellars in Vila Nova de Gaia. Take a guided tour, learn about the history of port wine, and enjoy a tasting session. Sharing a glass of this iconic Portuguese wine is a perfect way to toast your love.

Photo by Svetlana Gumerova on Unsplash

5. Explore Foz do Douro along the seaside

If you’re looking for a mix of seaside charm and elegance, visit Foz do Douro. Walk along the picturesque promenade, explore the beaches, and witness the raw power of the Atlantic. Wrap up your visit with a candlelit dinner at one of the trendy restaurants or stylish bars like Cafeína (Rua do Padrão 100) or Ichiban (Av. do Brasil 454) close to the Avenida do Brasil, one of Porto’s most trendy addresses. 

6. Pay a visit to Serralves Park and Museum

Combine nature and art with a visit to Serralves Park and Museum. Wander through its beautifully curated gardens, dotted with modern sculptures, before exploring the contemporary art museum. This inspiring setting is ideal for couples looking for a unique cultural experience.

The park in Fundaçao Serralves, Photo by Marc Barrot (Flickr)

7. Go for dinner at Antiqvvm

For one of Porto’s finest dining experiences, book a table at Antiqvvm, one of Porto’s finest two-star Michelin-starred restaurants. Located in a historic building with stunning views of the Douro River, Antiqvvm offers a sublime dining experience. Its carefully crafted tasting menu and impeccable service make it the perfect place for a memorable Valentine’s Day dinner

8. Finish the night with a creative cocktail

After a day of enjoying Porto with your special someone, head over to one of Porto’s best cocktail bars and enjoy a beautifully crafted drink. Porto’s cocktail scene has something for every couple whether it’s Cais Nobre along the banks of the Douro or a unique drink that comes with a Polaroid to take home as a memory at Estúdio Arte Bar. 

Royal Cocktail Club. Photo provided by establishment.

Love is certainly in the air in Porto for Valentine’s Day. These eight spots are, of course, just a few of the romantic highlights of Portugal’s second city. Which will you choose? Let us know in the comments!  

The Best Places to Spend Your Valentine’s Day in Lisbon in 2025

Spending Valentine’s Day in Lisbon is a fantastic way to celebrate love and we can’t think of a more beautiful place to do it! This city offers everything from romantic dinners to scenic escapes. When you include the surrounding areas of Cascais and Sintra, the list of places to impress your lover is endless. Here are the best places to enjoy an unforgettable Valentine’s Day in Lisbon and beyond.

Valentine’s Day Dinner or Lunch 

Restaurante Brilhante

R. Moeda 1G, Lisboa
Step into old-world elegance at Brilhante, a restaurant that blends French brasserie elegance with classic Lisbon charm. Picture plush velvet seating, dim lighting, and timeless dishes. The steak Brilhante, cordon bleu, and creamy mazzoline rice make perfect sharing plates. This place exudes romance, which makes it one of the best spots for Valentine’s Day in Lisbon. You can reserve your table right through Google Maps.

Penha Longa Resort

Estrada da Lagoa Azul, Linhó, Sintra
Few places are as romantic as Sintra, and Penha Longa Resort offers two restaurants to celebrate love. At Arola, a six-course Valentine’s menu highlights ingredients like bass, raspberry, and cod bone. Arola’s special Valentine’s Day menu is available for lunch and dinner on February 14 and for lunch on February 15th. Spices restaurant brings an Asian twist with sushi, green curry, and shrimp tempura. The Valentine’s Day menu here is only available for dinner on February 14th. Call ahead to reserve at 219 249 011.

Sabores de Sintra or Taverna dos Trovadores 

Sabores de Sintra – R. 1 de Dezembro n 16/18, Sintra
Taverna dos Trovadores – Praça Dom Fernando II 18, Sintra
If you’re looking for fairytale Sintra settings away from a resort, Sabores de Sintra offers a candlelit setting with a cozy, rustic ambiance. For live music, Taverna dos Trovadores hosts performances from Ana Lains and Ana Caldeira. Either way, you’ll dine on delicious Portuguese cuisine in a magical setting. Both restaurants can easily be reserved on Google Maps.

Gunpowder

Rua Nova da Trindade 13, Lisboa
Looking to spice things up? Gunpowder offers a modern Indian dining experience filled with bold flavors. Their Valentine’s special features wild sea bass marinated in garlic and pepper, served with mangosteen and curry leaves. Another standout dish is the black pork cameloo with a side of snail salad. End the night with a chocolate ganache tartelet, flavored with cinnamon and olive oil ice cream. Reserve through Google Maps.

The Ivens – Rocco Gastrobar

R. Capelo 5, Lisboa
For a lively and stylish date, Rocco Gastrobar delivers. This all-day spot serves everything from gourmet snacks to Negronis. Whether you sit at the counter or by the window, the DJ’s vinyl collection sets the mood. Choose from cold cuts, cheeses, salads, or a perfectly crafted cocktail. It’s a great spot for couples who love good food and a whimsical atmosphere. Open every day until 1:00 AM.

Come Prima

R. do Olival 258, Lisboa
Italian dinner in the place that discovered black truffles in Portugal? Yes, please! Come Prima offers some of the most delicious Italian cuisine in town and the truffles are a most. Adding to the romance is its location, which makes you feel like you are entering a stylish country home and eating under the eaves (if you’re seated on the second floor). The service is second to none, always ready to serve you that next delicious glass of wine or Italian dessert. Reservations are a must, which you can make directly through Google Maps.  

Come Prima, Photo by Becky Gillespie

Bougain Restaurant and Garden Bar

Avenida Valbom 13, Cascais
Dine inside a stunning century-old mansion at Bougain that has only been open to non-hotel guests since 2023. Nestled in the garden of Casa da Pérgola, this restaurant offers a charming and intimate setting. The menu includes classic dishes like duck confit and sole à meunière. Don’t leave without trying the citrus rice or their tableside-prepared steak tartare. If you want an elegant yet relaxed Valentine’s dinner, this is the place.

Take a Dance Class

Want to try something more energetic for Valentine’s Day? Why not take dance class together? Lisbon offers an array of amazing dance classes, whether it’s the sensual bachata, the close tango, or the sensuous kizomba. Check out UDance or Jazzy Dance for the biggest list of options. If you’re unsure where to go, our dance guide to Lisbon will help!

The embrace of a tango dance, Preillumination SeTh, Unsplash

Stay the Whole Night

Hyatt Regency Lisbon

Rua da Junqueira 65, Lisboa
The Hyatt Regency makes Valentine’s Day in Lisbon extra special with its “Postcard from Lisbon” package. For €325, couples can enjoy a luxurious room with rose petals, chocolates, and heart-shaped red velvet cakes. The offer includes spa access, two drinks at the bar, and a late check-out. A dinner at Viseversa restaurant with live music is available for €80 per person. Upgrade to the €530 package for a romantic couples’ massage.

No matter how you choose to celebrate, Valentine’s Day in Lisbon promises unforgettable moments. Dance the night away, sip on some of the world’s most delicious wine, and toast to love – the choice is yours! Make your reservations early and enjoy a magical evening in one of Europe’s most romantic cities. 

Wine Romantic
Romantic evening, DepositPhotos.com

The Top 10 News Stories in Portugal – January 27-February 2, 2025

0

1. New York Metropolitan Museum of Art Buys Four Portuguese Pieces

The São Roque Gallery in Lisbon sold four Portuguese pieces, produced between the 16th and 17th centuries, to the Metropolitan Museum of Art (MET) in New York. The collection now part of the MET includes a Portuguese-Cingalese chest made of ivory, a jewelry box from Ceylon, a mother-of-pearl chest featuring a painting of a Portuguese couple, and a desk with a hunting scene and a verse by Camões. These acquisitions reflect the museum’s growing collection, with the pieces connected to the era of Portuguese expansion.

Mário Roque, owner of São Roque Gallery, highlights the significance of seeing these works, once kept by collectors, return to the public eye. He emphasizes that the true impact comes when such pieces find a place in international museums, becoming ambassadors of Portuguese art, still largely unknown beyond Portugal’s borders. The gallery embraces this mission to spread and honor the richness of Portuguese art and history on the global stage, contributing to its recognition worldwide.

In addition, São Roque Gallery will participate in The Winter Show, an art, antiques, and design fair in New York, from January 24 to February 2, 2025. This prestigious event, featuring over 70 international exhibitors, offers a platform for the gallery to continue its efforts to promote and elevate Portuguese culture, showcasing its rich artistic heritage to a broader audience.

Read more from our source here.

2. Portuguese Company Critical Software Expands to Boston

Critical Software, a Portuguese tech company, has opened a new office in Boston, located “right next to MIT” and major companies like Johnson & Johnson. This expansion follows years of business dealings in the U.S., aiming to leverage the local ecosystem and a “huge talent base” in the medical devices and life sciences sectors, which are the company’s current focus. The company also plans to develop its presence in space and aerospace, tapping into markets with significant potential.

Luís Gargaté, director of the medical devices division, highlights that the company’s U.S. expansion is driven by the opportunity to add value for American clients, just as it does in Europe. The dynamic U.S. market presents an appealing environment, and Critical Software aims to hire new professionals for business development. Gargaté also discusses the possibility of forming partnerships with local universities, like MIT and Harvard, to access knowledge not available in Portugal.

The company is also exploring mergers and acquisitions (M&A) to accelerate growth and gain access to more U.S. market share. Additionally, Critical Software is eyeing future expansion in the space sector, focusing on synergies between its European expertise and the growing U.S. market. With the U.S. government’s renewed interest in space, Critical Software sees an opportunity to participate in the commercial space race, though Mars itself is not a focus for now.

Read more from our source here.

3. Portuguese President Intends to Schedule Presidential Elections for January 25, 2026

Marcelo Rebelo de Sousa announced his intention to schedule the 2026 presidential elections for January 25, with a possible second round on February 15, 2026. He highlighted that these elections will be “a very intense moment” due to the “number of candidates” and remarked that he cannot recall a campaign “that started so early.” He emphasized that it would be a time of “great debate, great reflection” for the Portuguese, with “plenty of time to choose” and to consider issues regarding the world, Europe, and Portugal.

In line with the Electoral Law, the first round will take place at least 60 days before the outgoing President’s term ends. If no candidate wins more than half of the valid votes, a second round will be held on February 15, between the two most-voted candidates. The candidacy window will close by December 26, with the official campaign running from January 11 to 23. The legal framework ensures that the first and second rounds are held “within 60 days” before the term ends on March 9, 2026, offering a structure to the process.

Previous presidential elections in Portugal have mostly taken place in January, with the exception of the first two after the 1974 revolution, which had special deadlines. The 1986 election was the only one to feature a second round, and all subsequent elections have been held in January, except for the one planned for 2026. The law ensures the elections occur within a timeframe that respects the President’s outgoing term, which will conclude on March 9, 2026.

Read more from our source here.

4. Presidential Election Poll: Gouveia e Melo and Ventura May Face Off in a Second Round

Admiral Henrique Gouveia e Melo leads the voting intentions for the 2026 presidential elections, with 25% of support, but will likely face a second round against André Ventura, who follows in second place with 16%. The poll, conducted by ICS/ISCTE for the newspaper Expresso and the news channel SIC, shows that while Gouveia e Melo is ahead, his support is not enough for a first-round victory. With 15% of respondents still undecided, figures like António José Seguro (15%), António Vitorino (14%), and Marques Mendes (13%) follow behind.

Gouveia e Melo’s voter base is quite homogeneous, favored by men and elderly voters, and he has strong support across different education levels, income brackets, and political ideologies. He is especially strong among those without party preference, who make up the most undecided group. The Admiral also captures a substantial portion of PSD and PS voters (35% and 30%) but is less supported among Chega voters (12%).

The poll results reveal that Chega’s electorate is more loyal to Ventura, with 85% support, compared to PSD and PS supporters, who are less unified behind their potential candidates. While Gouveia e Melo’s support is broad, the competition remains close, and with multiple candidates in the race, a second-round election, which, as mentioned above, only happened once, is expected to be highly contested.

Read more from our source here.

5. Lisbon City Council Launches Employment Platform for Immigrants

Lisbon’s City Council is launching an online platform during the first quarter of 2025 that aims to integrate immigrants into the labor market in a dignified and structured way. The initiative will match the skills of immigrants with the needs of companies in Lisbon, promoting better and more jobs for those wanting to work in the city. According to Carlos Moedas, the Mayor of Lisbon, this project shows how Lisbon is at the forefront of modern, responsible, and future-oriented immigration policy.

The platform aims to respond to both the difficulties of immigrant integration and the labor shortage in Lisbon, connecting immigrants without jobs to companies in need of workers. Moedas stresses that Lisbon needs immigration, but it must be oriented to the labor market to create better job opportunities. He highlights the importance of bridging skills and company needs, ensuring that immigrants are able to find employment.

Building on the existing Lisbon Employment Map, which already includes over 6,000 job opportunities and nearly 2,000 training offers, the platform will be restructured to meet the demands of the national market. Note that the initiative will also form partnerships with associations that focus on the integration of immigrants and refugees through employability, ensuring access to tailored training for market needs. This is a critical step that hopes to solidify Lisbon’s role as a leader in immigration policy in Europe.

Read more from our source here.

6. Central Portugal Sets a New Tourism Record in 2024 

Preliminary results for tourism activity in 2024, released today by the National Institute of Statistics (INE), confirm that Central Portugal is experiencing significant growth. The region set records in all indicators, solidifying itself as one of the most dynamic tourist destinations in the country.

According to Central Portugal, “for the first time, it surpassed the 8 million overnight stays mark in tourist accommodations, registering a total of 8,377,732 from January to December 2024. This figure represents a significant increase of 5.5% compared to the 7,942,254 overnight stays in 2023, which had already been a historic year for the region. It is important to highlight that this growth exceeds the national average, which was 4.0%.”

For Anabela Freitas, vice president of Turismo Centro de Portugal, these results reflect the strengthening of the region as a leading destination: “The data now revealed confirm that the brand and the destination Central Portugal are increasingly consolidated in the national tourism landscape. “For the first time, the region surpassed the 8 million overnight stays mark, approaching 8.5 million, and will exceed the 500 million euros revenue barrier. This significant growth shows that our region can, year after year, continue to attract visitors at a pace above the national average and retain those who choose us,” she added.

Read more from our source here.

7. Portuguese Economy Grows 1.9% in 2024, Exceeding Government’s Target

The Portuguese economy grew by 1.9% in 2024, slightly exceeding the government’s target of 1.8% and the expectations of economists. According to the National Statistics Institute (INE), the growth accelerated in the fourth quarter, reaching 2.7% year-on-year and 1.5% quarter-on-quarter. This performance, slightly above the Ministry of Finance’s forecast, was also in line with the International Monetary Fund’s (IMF) projection.

Domestic demand played a significant role in the growth, with “the acceleration of final consumption expenditure,” while investment slowed. On the other hand, net external demand made a negative contribution, as imports of goods and services increased at a higher rate than exports. Despite this, private consumption and the reduction in investment led to a stronger performance in the final quarter, surpassing economists’ expectations.

On the social media platform X, Prime Minister Luís Montenegro emphasized that “the financial stability we have consolidated, the political stability we have achieved, and the trust we hold are the conditions to drive a virtuous cycle of investment and wealth creation.” Note that the year-on-year growth accelerated in the final quarter, with a positive contribution from domestic demand, despite a decrease in investment. Additionally, imports of goods and services dropped, leading to a positive contribution from net external demand after two consecutive negative quarters.

Read more from our source here.

8. Bank of Portugal and Portuguese Court of Auditors Leave X

The Bank of Portugal announced it will “discontinue” its publications on X, keeping the account “as an archive” while remaining active on LinkedIn, Instagram, and YouTube. In addition, the Bank has joined Bluesky, a competitor to X, stating “new platform, new connections” and signaling the shift towards “staying closer” to the public. Moreover, the Portuguese Court of Auditors also revealed its decision to abandon both X and Facebook, citing “violations of national and European Union laws,” particularly related to data protection and consumer rights, marking a significant step in rejecting platforms that fail to comply with regulations.

According to the Court, X’s end of content verification and the proliferation of misinformation led to an environment where “discriminatory content” was being legitimized, directly violating EU laws. This decision reflects a broader dissatisfaction with platforms that “disregard the European Union legal framework,” resulting in a shift to official channels for communication. The move further signals a growing concern over platforms that facilitate “hate speech” and “misinformation,” prompting institutions to reconsider their digital strategies.

It is important to consider that the trend of leaving X extends beyond institutions, with user deactivations also spiking. Following the U.S. elections, over 280,000 accounts were deactivated globally, with 115,000 of those in the U.S. alone. The increase in departures from X is benefiting competitors like Threads, which reported a significant “growth in users,” rising by 35 million in a short span, highlighting a shift towards more preferred platforms amidst the growing dissatisfaction with Musk’s.

Read more from our source here.

9. Some Portuguese Figures Think Trump Might Have Been The Best Thing That Could Have Happened to Europe

Pedro Santa Clara, founder of School 42, believes Donald Trump “is the best thing that could have happened to Europe,” highlighting Europe’s decline over the past 25 years, losing its technological edge. He emphasizes that Trump’s policies will boost U.S. competitiveness, while Europe, lacking competition, has become “a kind of museum.” The continent needs a “wake-up call,” as it struggles to maintain its economic position.

António Nogueira Leite, president of MAPFRE, echoes Santa Clara’s view, pointing out Europe’s “arrogance” and comparing it to the “greater democratization” of the U.S. He underscores Europe’s growth problem and its inability to attract and create value in various sectors, particularly in business.

Cristina Fonseca, general partner at Indico Capital Partners, adds that Europe’s approach to creating large companies, especially in technology, is ineffective. She notes that the continent discusses problems but fails to invest enough to increase its competitiveness, leaving it behind in global value creation. Maybe this new context can change that.

Read more from our source here.

10. Revolut And Its Goal of Opening a Branch in Portugal

Revolut maintains its goal of opening a branch in Portugal and obtaining a national IBAN, aiming for two million users by the end of the year. The project, initially announced last year, has experienced slight delays but is on track for 2025. The company also plans to launch a deposit account with a Portuguese IBAN after the branch is operational. With the goal of becoming customers’ “main account,” Revolut intends to expand beyond its travel segment into areas like mortgage lending, beginning in Lithuania and potentially moving to Ireland.

The company has already launched personal credit and aims to introduce credit cards this year. Revolut’s expansion strategy includes targeting more mature markets before moving to other countries like Portugal. Despite its growth, which saw a rise to 1.6 million customers in Portugal, the company aims to reach two million users in the near future. Revolut continues to hire, employing 1,300 people in Portugal and around 10,000 globally, highlighting the Portuguese market as an attractive hub for talent.

Rúben Germano, General Director of Revolut in Portugal, emphasized that the rising competition in Portugal’s fintech sector benefits everyone, pushing companies to be quicker and more demanding. As Revolut moves closer to traditional banking, it focuses on being direct competition for established banks, without plans to open physical branches. Instead, the company is testing ATM machines in Spain and has installed card vending machines at Porto Airport as part of its strategy to expand services.

Read more from our source here.

Top Events in Lisbon, February 2025

Believe it or not, February is an excellent month to visit Lisbon! It is usually quite sunny and warm, although it does rain sometimes, so make sure to pack an umbrella or a raincoat!

Although many tourists arrive in Lisbon in February, the city isn’t that busy, so you can enjoy your leisurely walks around the town without being bothered by the typical agitation during peak tourist months.

Oh, and the cherry on top of the cake? The sunsets! The sunsets in Lisbon are unbelievable in February! Head to Parque das Nações or to one of the viewpoints in the city center and marvel at the myriad of playful colors in the Lisbon sky!

If you’re planning to extend your stay in Lisbon and are on the lookout for exciting events to add to your itinerary, we’re here to help! Here are the top 9 events happening in Lisbon in February 2025.

1. Mainstreet Festival Portugal

When: February 1, 2025, 9 p.m.

Where: MEO Arena, Rossio dos Olivais, 1990-231 Lisboa

How much: 25 – 80 EUR

The Mainstreet Festival will bring the best rap and trap music to Lisbon’s MEO Arena after its massive success in Brazil! This event will feature top hip-hop artists such as Orochi, Poze do Rodo, Borges, and others, so if you enjoy this music genre, hurry up and buy your ticket!

You can expect electrifying performances, cutting-edge light shows, and beats that guarantee a once-in-a-lifetime experience that may even become the highlight of your vacation! The festival highlights street culture through its music and atmosphere, making it a must-attend for any urban music fans!

Tickets range from €25 to €80, offering an unforgettable night of rhythm and adrenaline-filled entertainment!

2. Liedfest – Classical Song Festival

When: Until February 2, 2025

Where: Teatro Variedades, Parque Mayer, 1250-164 Lisboa

How much: 12 – 15 EUR

Liedfest is a celebration of classical music with a modern twist. It is held at Teatro Variedades in Parque Mayer, close to the Avenida Metro Station and the Botanical Garden of Lisbon. Directed by soprano Catarina Molder, the festival features iconic works by Schubert, Schumann, Brahms, and others, alongside Portuguese composers like Luís de Freitas Branco.

On February 1, you can attend the staged recital entitled “Five Ways to Die of Love” with Portuguese and English subtitles. On February 2, on the other hand, you can enjoy the recital “Loves and Lives of a Woman,” featuring one of the masterpieces of composer Robert Schumann.

Events in Lisbon, February 2025
Lisbon. Photo by Recep Tayyip Çelik (Pexels)

3. António Zambujo Concert

When: February 21-22, 2025; 9 p.m.

Where: Sagres Campo Pequeno, Centro de Lazer do, Campo Pequeno, 1000-082 Lisboa

How much: 15 – 35 EUR

Portuguese Fado and Cante Alentejano singer António Zambujo will perform at Sagres Campo Pequeno on February 21 and 22. Known for his soulful voice and emotive compositions, Zambujo will revisit his greatest hits, delighting Fado lovers with his incredible voice.

This intimate concert celebrates the essence of Portuguese culture, so it’s a must-see if you happen to be in Lisbon at the end of February!

4. Naruto Symphonic Experience

When: February 9, 2025; 9 p.m.

Where: MEO Arena, Rossio dos Olivais, 1990-231 Lisboa

How much:  75 – 97 EUR

The Naruto Symphonic Experience will premiere at the MEO Arena in Lisbon on February 9, 2025, celebrating Naruto’s 20th anniversary with an exceptional show featuring extraordinary visual and musical highlights!

The stage will welcome 42 musicians from the “Un Pour Tous Orchestra” who will perform the most famous songs from the anime. At the same time, you’ll be able to enjoy never-seen montages of the best moments from the 220 episodes of Naruto.

The performance captures the emotional depth of the show’s storylines, creating an unforgettable experience for both anime enthusiasts and classical music lovers! A perfect opportunity to have some fun for both adults and kids!

5. Tukina Lisboa Festival

When: February 20-24, 2025

Where: Top Floor Club, 29 Rua do Bojador 1990-254 Lisboa

How much: From 90 EUR

Tukina Lisboa is an upcoming Kizomba and Semba festival taking place in Lisbon at the end of February. This will be the second edition of this event, organized by Tukina, one of Angola’s most renowned dance groups.

The festival aims to provide a unique and authentic experience that shares Angolan culture across borders, bringing it as close to the original as possible. It’s designed to be more intimate than most festivals while offering the highest quality in all aspects! You’ll enjoy workshops, socials, parties, and, of course, bits of Angolan cuisine!

6. William Klein Photography Exhibition

When: Until February 3

Where: MAAT Central, Av. Brasília, 1300-598 Lisboa

How much: 6 – 8 EUR

The MAAT museum hosts an exhibition of William Klein’s iconic photographs. You will be able to delight in one of the most ambitious and comprehensive exhibitions of this world-renowned photographer, famous for being among the most influential photographers of the second half of the 20th century. You’ll immerse yourself in photos taken in New York, Paris, Rome, Moscow, Tokyo, and other cities that capture urban life with raw authenticity.

To check out the exhibition, you’ll have to buy an entrance ticket for the museum, so you can also enjoy other exhibitions while you’re there.

February Events in Lisbon
Lisbon. Photo by Magda Ehlers (Pexels)

7. Sound Waves Winter Edition

When: February 8, 2025; 8 p.m.

Where: Pavilhão Carlos Lopes, Pavilhão Carlos Lopes, Av. Sidónio Pais 16, 1070-051 Lisboa

How much: From 50 EUR

On February 8, Pavilhão Carlos Lopes will host the Sound Waves Winter Edition electronic music festival featuring top DJs from around the world, including Bad Boombox, Fantasm, Lee Ann Roberts, and Hades. You can expect high-energy performances with state-of-the-art sound systems and dazzling light shows that create an electrifying party atmosphere!

Things to do in Lisbon in February 2025
Lisbon. Photo by skigh_tv (Pexels)

8. Harry Potter and the Deathly Hallows, Part 2

When: February 15, 8:30 p.m.

Where: MEO Arena, Rossio dos Olivais, 1990-231 Lisboa

How much: From 30 EUR

On February 15, 2025, the MEO Arena in Lisbon will host the final installment of The Harry Potter Film Concert Series with a live orchestral performance of Harry Potter and the Deathly Hallows, Part 2. This event marks the eighth and last chapter of the globally celebrated film-concert series. The Orquestra Filarmonia das Beiras will perform Alexandre Desplat’s Grammy-nominated score live, synchronized with a high-definition screening of the film on a massive 40-foot screen.

Tickets start from 30 EUR, with a family pack discount available for groups of four. The event is recommended for audiences aged 14 and above and has a duration of approximately 115 minutes. Hurry up to book your tickets because there aren’t many left!

For Harry Potter enthusiasts and music lovers alike, this is a one-night-only experience that promises to be both magical and unforgettable!

9. Xutos & Pontapés – Olá, Vida Malvada! (February 22, 2025)

When: February 22, 2025

Where: MEO Arena, Rossio dos Olivais, 1990-231 Lisboa

How much: From 33 EUR

On February 22, 2025, the legendary Portuguese rock band Xutos & Pontapés will bring their celebrated Olá, Vida Malvada! tour to Lisbon’s MEO Arena.

Known as one of Portugal’s most iconic bands, Xutos & Pontapés has been captivating audiences for over four decades with their energetic performances and timeless hits, so it’s an excellent opportunity to immerse yourself in Portuguese culture! This concert marks the band’s much-anticipated return to Lisbon after touring 20 cities across Portugal and outside it, including stops in the Azores, Madeira, and even Mozambique.

The evening promises a spectacular two-hour show featuring songs from their latest album Olá, Vida Malvada! alongside beloved classics like “Contentores” and “A Minha Casinha.” Fans can also enjoy opening performances by Conjunto!Evite and Meu General, adding to the night’s dynamic lineup.

Top Events in Porto, February 2025

Heading to Porto this February? We’re sure you’ll have a great time! Although the weather is not at its best because it can get rainy and windy, you’ll still have plenty of opportunities to wander around the city, exploring its hidden treasures!

However, given that February is one of the wettest months in Porto, you’ll probably need some events to add to your to-do list, just in case it rains and you can’t enjoy outdoor activities.

Below, you’ll discover more about the 9 top events in Porto in February 2025. Enjoy! (And let us know how much you liked them!)

1. Fantasporto (Porto International Film Festival)

When: February 28 – March 9, 2025

Where: Batalha Centro de Cinema, Praça da Batalha 47, 4000-101 Porto

How much: 5 EUR per screening; 70 EUR for all screenings

Fantasporto is a prestigious international film festival taking place in Porto. This year marks the 45th edition of Fantasporto, and it celebrates international films in the experimental, fantasy, and horror genres, featuring submissions from numerous filmmakers.

As a film enthusiast, this is an excellent opportunity to immerse yourself in cutting-edge cinema from around the world, including unique Portuguese films that will bring you closer to Portuguese culture and history. You’ll have the chance to attend screenings, participate in Q&A sessions with filmmakers, and potentially spot the next big name in international cinema.

Given that the festival begins on February 28, you will only be able to attend two screenings on that day: Vengeance of the Phoenix Sisters and Criadores de Idolos (a Portuguese movie). If you plan to spend more time in Portugal, you can check the program for the entire festival duration.

2. The Emo Festival

When: February 8, 2025; 7 p.m.

Where: The Hard Club, Mercado Ferreira Borges, 4050-252 Porto

How much: 15 – 25 EUR

The Emo Festival is coming to Porto on February 8, 2025, at the Hard Club. This event promises to be the biggest night of tribute to the music that was “never just a phase.”

From 7 PM to 11 PM, you can delight in a bit of “teenage nostalgia” with some all-time favorite songs performed by a live band and some DJs – there will be tributes to Green Day, Blink-182, Paramore, Bring Me the Horizon, Linkin Park, and others! The organizers even encourage attendees to come in classic emo attire to feel like they’re traveling back in time, ready to relive the best songs of their teenage years!

Events in Porto in February 2025
Porto. Photo by Sonny Vermeer (Pexels)

3. Essência do Vinho – Porto

When: February 20-23, 2025

Where: Palácio da Bolsa, R. de Ferreira Borges, 4050-253 Porto

How much: From 22 EUR

Wine lovers unite! Between February 20 and 23, you have the incredible opportunity to attend one of the grandest wine events in Portugal and Europe! Taking place at the Palácio da Bolsa, Essência do Vinho is a prestigious event, considered the main wine experience in Portugal, that gathers both Portuguese and international wine producers.

This event is perfect for wine enthusiasts and those looking to explore Portugal’s rich wine culture. You’ll have the opportunity to taste a wide variety of wines, learn about different wine regions, and maybe even discover new favorites! Plus, there will be more than 40 themed masterclasses and experiences, not to mention the gorgeous interior of Palacio da Bolsa, which will take your breath away!

4. We Call It Ballet: Sleeping Beauty Dance & Light Show

When: February 13, 2025; 9:30 p.m.

Where: Auditório Francisco de Assis, Rua do Amial 478, 4200-055 Porto

How much: 23 – 43 EUR

Get ready for an incredible experience on February 13 at the Auditório Francisco de Assis!

“We Call It Ballet: Sleeping Beauty Dance & Light Show” is a unique performance that combines classical ballet with modern light technologies, offering a fresh interpretation of the beloved fairy tale! The dancers will be wearing costumes that glow in the dark, ensuring a sparkling (literally!) choreography.

5. Cabaret Dinner Unique Xperience with DJ

When: February 14, 2025; 9 p.m.

Where: MXM ArtCenter, R. do Ouro 264, 4150-554 Porto

How much: 75 – 85 EUR

Planning to celebrate Valentine’s Day with your significant other in Porto? Head toward MXM ArtCentre in Porto for a burlesque-themed evening! The “Cabaret Dinner Unique Xperience with DJ” show is a mix of dance performances, music, and comedy, sprinkled with sensuality, glamour, and a bit of magic!

Plus, the ticket also includes dinner, so it’s a definitely a win-win! The main course consists of burlesque veal tournedos soaked in port wine, accompanied by potatoes, mushrooms, and cherry tomatoes sautéed with rosemary. There is also a vegan option served with asparagus strudel.

Things to do in Porto in February 2025
Porto. Photo by Cátia Matos (Pexels)

6. Candlelight: Coldplay vs. Imagine Dragons

When: February 14, 2025; 7:30 p.m.

Where: Palácio da Bolsa,  R. de Ferreira Borges, 4050-253 Porto

How much: From 41 EUR

Any Coldplay or Imagine Dragons fans here? You can now listen to covers from both bands on February 14 at the Candlelight concert in Porto! These concerts are a favorite in both Porto and Lisbon, so make sure to check this one out!

You’ll listen to tributes to the most iconic songs, including “Clocks,” “Fix You,” “Radioactive,” and “Believer” – all performed in a pleasant atmosphere ensured by the candles! Plus, the event takes place in the spectacular Palacio da Bolsa, one of the most beautiful buildings in Portugal!

7. Porto Legends

When: Throughout February

Where: Alfândega do Porto, Rua Nova da Alfândega, 4050-430

How much: 11.50 EUR

Throughout February, you can step into Portugal’s past thanks to the marvelous Porto Legends show!

It is a spectacular visual experience with 360º light projections inspired by Joel Cleto’s books that take you on a journey of (re)discovering the culture and history of Porto and Portugal’s Northern Region. You will learn about the Treasure of Serra do Pilar, the Ghost of the Last Nun, and the River of Oblivion!

Take note that this event is not recommended for people with epilepsy because of the flashing lights.

Visiting Porto in February, Activities
Porto. Photo by Alina Skazka (Pexels)

8. Impressive Monet & Brilliant Klimt: A Pintura Ganha Vida

When: Throughout February

Where: Reservatório da Mãe d’Água das Amoreiras, Praça das Amoreiras 10, 1250-020 Lisboa

How much: 12.50 EUR

Art enthusiasts – are you up for a unique representation of Monet’s and Klimt’s art? “The Impressive Monet & Brilliant Klimt: A Pintura Ganha Vida” show intertwines the Impressionism of Monet and the Symbolism of Klimt in an enchanting visual show enriched by visual effects and animations aimed at bringing art to life!

Take note that this event is not recommended for people with epilepsy because of the flashing lights.

9. Minigolf Experience: Indoor Circuit

When: Throughout February

Where: Minigolf Porto, R. do Dr. Alfredo Magalhães 24, 4000-061 Porto

How much: 12 EUR for children; 14 EUR for adults

For a more laid-back activity, you can enjoy the indoor minigolf circuit at Minigolf Porto, available throughout February (and extending through December 30, 2025) for a fun, all-weather activity suitable for all ages. You can also enjoy some air hockey, table football, or simply relax at the bar with a drink! It can make for an excellent fun evening with your family, especially on a rainy day!

Portugal’s AIMA Implements New Strategies to Expedite Visa Processing

0

Portugal’s Agency for Integration, Migration, and Asylum (AIMA) is taking significant steps to address delays in immigration processing, specifically focusing on the Golden Visa Program and residency applications. The agency recently introduced various measures aimed at streamlining procedures and improving efficiency. Let’s learn more about the key changes, its impact on applicants, and the broader efforts of the Portuguese government to modernize its immigration system.

Key Revisions to the Golden Visa Process

Portugal’s Agency for Integration, Migration, and Asylum (AIMA) has rolled out fresh measures to tackle the delays affecting Golden Visa applications.

AIMA has reached out to applicants and informed them of upcoming procedural enhancements designed to expedite processing times.

As part of this overhaul, the system now follows a chronological and digital approach, prioritizing older applications. The submission process is entirely electronic, ensuring greater efficiency.

  • All required documents must be uploaded digitally via the ARI portal.
  • Starting January 15, 2025, biometric appointments will be automatically scheduled, aligning with application progression.
  • Residency permit fees will now be collected during biometric appointments. The fees stand at €6,045.20 for applications with certified documents and €8,060.20 for those without certification. Payments must be completed via card.

Applicants who have been inactive for a period of six months with Golden Visa cases pending in the system risk having their applications classified as abandoned. If this happens, they would need to reapply under the updated rules.

A New Online Portal to Help Regularize Immigrants

AIMA has launched an online portal to help with the regularization of immigrants in Portugal. According to the new rules, immigrants with employment contracts who contributed to Social Security before June 4, 2024 will now be able to regularize their status in the country.

In 2024, Portugal terminated what was known as the “expression of interest” option, which had allowed non-Portuguese individuals to legally reside in the country and apply for a job seeker visa. This previously allowed applicants to stay in Portugal looking for a job and then become eligible for a residence visa. When the expression of interest option ended, foreigners in Portugal had until June 3, 2024 to get a job offer or employment contract under Decree-Law No.37-A/2024. Immigrants who submitted an official Expression of Interest by the June deadline should receive an email asking them to change their password on the new platform. 

Additional Changes for Residents 

Portugal has now eased residency permit requirements, now requiring just one month of Social Security contributions instead of 12. It also announced that immigrants who initially had residence permit applications rejected will now be given a second chance, a move that is expected to affect 108,000 immigrants whose applications were rejected by AIMA after they failed to pay the fees. 

Missed Appointments Impacting Processing Efficiency

Despite the increased efficiency of the new measures, a significant issue remains: approximately 15% of AIMA’s 6,000 daily scheduled appointments are missed by applicants. This absentee rate hinders the system’s ability to process applications effectively. 

With these initiatives, AIMA is striving to enhance the efficiency and accessibility of Portugal’s immigration system and ensure smoother processing for both new and existing applicants. It has set a target of processing all pending applications by June 30, 2025. 

Like a Haiku – The History between Portugal and Japan

The history shared between Portugal and Japan reads like an epic saga, an intricate web of exploration, trade and cultural exchanges that defied the limits of oceans and empires. This story begins in 1543, on the windy shores of Tanegashima, where Portuguese traders first set foot on Japanese soil. These first encounters were the spark that would ignite centuries of interaction, laying the foundations for a relationship as complex as the folds of a kimono.

Tanegashima is the easternmost of the Ōsumi Islands, just south of the major island of Kyushu in Japan, Uploadalt, Wikimedia Commons

The Age of First Encounters

The sixteenth century was a time of discovery, and Portugal – a nation of daring navigators – was at the forefront. Driven by a thirst for adventure and wealth, Portuguese navigators had already mapped vast regions of the globe when their ships were diverted to Japan. The meeting of these two cultures would indelibly change both cultures. For the Japanese, the Portuguese brought not only goods but a glimpse of a wider world. Firearms, specifically mecha muskets, were among the first items introduced, forever altering the Japanese military landscape.

But it wasn’t just about weapons and trade. Portuguese Jesuit missionaries, led by figures such as Francisco Xavier, ventured into Japan’s rugged terrain with a different goal: to spread Christianity. Their efforts bore fruit, leading to the baptism of thousands of people, including influential daimyos. For a brief period, Christianity flourished in Japan, its symbols of faith – the cross and the Virgin Mary – entwined with Japanese art and architecture. The hybrid culture of the Kirishitan, although repressed in later years, remains a ghostly reminder of that era.

A Japanese Red-seal ship, “Shuinsen” by 1634. The ship incorporates junk rigged Western-style square and lateen sails, rudder and aft designs with 6 to 8 cannons. It transported Japanese merchants, Public Domain, Wikimedia Commons

Japan’s Shut Down

But the story takes a darker turn. At the beginning of the seventeenth century, Japan’s rulers became wary of foreign influence, perceiving it as a threat to their sovereignty. Christianity was banned, Portuguese traders were expelled, and Japan entered its period of sakoku, or “closed country.” However, the echoes of that initial encounter were not easily silenced. Smuggled goods, clandestine conversions and whispered stories about the distant land of “Nanban” persisted in the Japanese consciousness.

A Modern Renaissance

Curiously, the relationship was not completely severed. In the modern era, Portugal and Japan found new ways to connect. The Meiji Restoration led Japanese envoys to visit Europe, including Portugal, to learn from the Western powers. Meanwhile, Portuguese fado music found an unlikely admirer in Japan, where its melancholic notes resonated deeply with the Japanese aesthetic of mono no aware, the beauty of impermanence.

How to Travel to Japan in Portugal

Today, this transcontinental carpet can still be seen and felt, especially in Lisbon and Porto.

Museu do Oriente, Lisbon

In Lisbon, the Museu do Oriente is a testament to Portugal’s maritime empire, with exhibitions tracing the connections between Portugal and Asia, including Japan. The intricate Nanban screens preserved here depict those early encounters, filled with samurai, Jesuits and Portuguese sailors, their lives frozen in gold leaf and ink.

Museu do Oriente, Joaomartinho63, Wikimedia Commons

Alfama and Tempura

A stroll through Lisbon’s Alfama neighborhood can lead you to restaurants offering “tempura” – a dish believed to have been introduced to Japan by Portuguese missionaries. The word itself derives from the Latin “tempora,” referring to days of abstinence from meat. Although the Japanese have elevated tempura to an art form, its roots remain unmistakably Lusitanian.

Ribeira, Porto

In Porto, Ribeira is a maze of narrow streets where you can find references to “Nagasaki” or “Kyushu” in old records. Porto is also known for its vinho verde, a fresh wine that has gained popularity in Japan’s growing wine scene, proving that the flow of influences continues in unexpected ways.

Photo by Ben_Kerckx on Pixabay

Japanese Garden, Serralves Foundation

Another striking example is the Japanese Garden at the Serralves Foundation in Porto. This space reflects the harmonious blend of Japanese and Portuguese elements, with cherry trees blooming in Atlantic breezes.

Camellia japonica, which can be found in many private and public gardens in the city of Porto, Wikimedia Commons

The Legacy of the 26 Martyrs

Perhaps the most moving emblem of this connection is the ghostly story of the “26 Martyrs of Japan,” a group of Christians – many influenced by Portuguese missionaries – executed in Nagasaki in 1597. A monument now stands in their memory, a reminder of the sacrifices made in the name of faith and cultural exchange. This history also resonates in Portugal, where churches display relics and works of art that pay homage to these martyrs.

Martyrdom of Paul Miki and Companions in Nagasaki, Anonymous Japanese painter, Public Domain, Wikimedia Commons

Shared Philosophies and Artistic Connections

Beyond the physical and historical, there is an intangible affinity between the two nations. Both Portugal and Japan share a deep appreciation for the sea. Portugal’s saudade and Japan’s wabi-sabi echo similar feelings of longing and acceptance of life’s ephemeral beauty. This philosophical alignment is reflected in artistic collaborations, from exhibitions to literature, where Portuguese and Japanese creators find common ground.

In Lisbon’s Belém district, the Jerónimos Monastery – a symbol of Portugal’s Age of Discovery – is a beacon of this shared maritime spirit. It’s a place where you can almost hear the echoes of Portuguese sailors recounting their journeys to the Land of the Rising Sun. Meanwhile, Japanese tourists – a significant demographic in Portugal – wander through its cloisters, their cameras recording, their presence a modern extension of this centuries-old relationship.

Jeronimos Monastery. Photo by Alvesgaspar (Wikipedia).

Final Thoughts

The story of Portugal and Japan is far from over. It’s written in the bustling sushi bars of Lisbon, where the locals pair sashimi with vinho verde; in the Japanese gardens of the Serralves Foundation in Porto, where the cherry trees bloom along with the Atlantic breezes; and in the countless personal stories of exchange students, business partners and travelers.

This enduring relationship, born of chance and sustained by curiosity, continues to evolve. It reminds us that history is not a static record, but a living, pulsating dialogue – one that invites us to listen, learn, and look to the future. In the words of Fernando Pessoa, the poetic soul of Portugal: “To travel is to discover that everyone is wrong about other countries.” The Portuguese and Japanese discovered each other a long time ago and, in doing so, found not just a distant world, but a mirror that reflects their shared humanity.

Tax Planning for Retirees Moving to Portugal: What You Need to Know to Maximize Your Savings

0

Portugal has become a top destination for retirees, celebrated for its pleasant climate, affordable cost of living, and previously favorable tax policies. Over the years, the country has seen changes in its pension tax regime, transitioning from a 0% tax rate to a 10% flat tax rate, and now to a system that doesn’t specifically cater to retirees. Despite this, there are still strategies to reduce the impact of Portugal’s high progressive tax rates. If you’re planning to retire in Portugal or are already enjoying your golden years there, understanding how to navigate the tax system is key to maximizing your retirement income.

Government Pensions

Government pensions typically require minimal planning, but they come with a critical tax benefit. According to the OECD Model Tax Convention, public pensions are taxable only in the country where the government making the payments is located. This category includes Civil service pensions, Military pensions and Pensions for other public sector workers.

In practice, this means that retirees receiving government pensions generally don’t need to rely on temporary tax regimes for breaks, such as the exemption or special 10% rate under the NHR, because according to the general OECD provisions, government pension should only be taxed at the source.

For example, U.S. citizens receiving public pensions benefit from this arrangement, as long as they do not acquire Portuguese citizenship. However, it is essential to review the specific terms of the double taxation treaty between your home country and Portugal. These treaties clarify whether your pension is exclusively taxable in the paying country or also in Portugal as your place of residence.

Social Security

While the OECD Model Convention typically allocates the taxation of social security benefits to the country of residence, bilateral tax treaties can modify this principle.

For instance, U.S. citizens receiving Social Security benefits in Portugal are taxed in Portugal as residents. However, the U.S. retains the primary right to tax these benefits. In such cases, Portugal allows a foreign tax credit to avoid double taxation.

Insurance Wrappers

Insurance wrappers are financial instruments that combine investment portfolios with life insurance policies, providing tax-efficient investment and retirement solutions. These are already popular among EU citizens, but they were historically unavailable to U.S. citizens due to compliance issues.

Recently, however, a U.S.-friendly product has been introduced in Portugal by Fresh Portugal and Green Ocean, offering significant benefits for American expats:

  • Reduced Tax Rates on Investment Gains: Effective rates as low as 11.2% after eight years, compared to the regular 28% fixed rate or progressive rates.
  • Tax-Efficient Retirement Planning: Enables the transfer of funds from U.S. retirement accounts, like 401(k)s or IRAs, to avoid higher Portuguese taxes.
  • U.S. Citizen-Friendly Compliance: Designed to meet the specific tax and financial needs of American expats in Portugal.

Future expats can begin the investment holding period now to maximize tax savings before moving to Portugal. Current residents can also adopt this strategy to align with the expiration of their NHR status.

Tax planning, DepositPhotos.com

Tax Relief for Specific Pension Types

Portuguese tax law provides benefits for certain types of pensions linked to complementary social security schemes. However, to qualify:

  • The pension must not have been funded by contributions from another person or entity, and
  • The contributions must have already been taxed.

If you meet these criteria, portions of your distributions can be classified as return of capital, with only the gains subject to taxation. If it’s not possible to distinguish between principal and gains, the “85/15 Rule” can be applied.

Key Tax Planning Tips for Retirees

Here are some essential tips for retirees planning to move to Portugal permanently:

  1. Seek Professional Advice: Tax laws are complex and ever-changing. A qualified tax advisor familiar with Portuguese and international tax laws can help optimize your retirement strategy.
  2. Plan Pension Withdrawals Strategically: Timing and structuring withdrawals from retirement accounts can help minimize tax liabilities under Portuguese law.
  3. Understand Estate and Gift Taxes: Portugal has no inheritance tax for close family members, but there’s a 10% stamp duty on gifts and inheritances outside this group. Effective estate planning can help mitigate these costs.

Retire in Portugal with Confidence and Peace of Mind

By leveraging Portugal’s tax advantages and planning carefully, retirees can maximize their income and enjoy a comfortable, stress-free lifestyle. With its welcoming culture, high quality of life, and picturesque landscapes, Portugal remains a desirable choice for those seeking a retirement haven.

To learn more about retirement planning and financial solutions tailored to your move to Portugal, visit Fresh Portugal. Their team provides essential resources and services to help retirees navigate the complexities of tax and financial planning in Portugal.

Happy in retirement, DepositPhotos.com

The Top 10 News Stories in Portugal – January 20-January 26, 2025

0

1. Heavy Rain and Flood Threat from Depression Hermínia Lead Civil Protection to Reinforce Warnings

The Portuguese Civil Protection raised the alert level due to worsening conditions with heavy rain, strong wind gusts up to 110 km/h, and potential flooding as river levels rise. The most severe impact is expected during the night on Sunday and early Monday, with red warnings issued in five districts for faster mobilization of resources. The advisory includes urging citizens to avoid high-risk areas, such as near the sea, and to be cautious when traveling due to rain, snow, and ice on the roads.

The storm conditions, including heavy rain and strong gusts, are expected to persist until next week. Although no major incidents have been reported yet, Civil Protection is closely monitoring the situation, with an emphasis on preparedness for the coming days. The public is being urged to remain vigilant and take necessary precautions as the situation develops.

Read more from our source here.

2. DBRS Financial Rating Agency Upgrades Azores’ Rating

Mornigstar DBRS has upgraded the Autonomous Region of the Azores’ rating to “BBB,” changing the outlook on all ratings from positive to stable. This upgrade reflects the recent boost in Portugal’s rating and the Azores’ government focus on consolidating public finances. The regional government aims to progressively return to the operational performance levels seen before the COVID-19 pandemic, supported by strong tourism and labor market growth.

Despite these positive factors, DBRS highlights that fiscal performance remains weak, with the 2025 budget focusing more on investment than on fiscal consolidation. The agency also notes the privatization process of Azores Airlines, which may occur by the end of 2025, subject to possible extensions.

The restructuring plan for SATA, which operates Azores Airlines, has reduced short- and medium-term risks. DBRS will continue to monitor the implementation of the plan and assess any potential negative financial impacts on the region. The overall outlook is shaped by these evolving factors impacting both the Azores’ economy and public finances.

Read more from our source here.

3. EDP Plans to Host Data Centers on Land of Former Coal Plants

Rui Teixeira, the executive director responsible for Finance (CFO) at EDP, revealed that the Portuguese electric company is considering hosting data centers on the land of its former coal plants in Spain. Note that the original plan was to develop green hydrogen and battery projects on these sites. However, with the rise of artificial intelligence, the company now believes that the best use of these access points to the grid might be for data centers instead.

This information was shared by the CFO in an interview with Bloomberg during the annual meeting of the World Economic Forum in Davos. The energy usage of data centers is expected to increase eightfold in the next decade, according to Aurora Energy Research, in a report published in November.

Read more from our source here.

4. Portuguese Companies Among the Lowest in Europe for Artificial Intelligence Adoption

Portugal is one of the European Union countries with the lowest percentage of companies using artificial intelligence (AI), with only 8.63% of companies adopting AI technologies in 2024. This figure represents a modest increase of less than one percentage point from the previous year, indicating slower growth compared to other EU countries. While AI has gained significant attention globally, particularly after the rise of ChatGPT, the actual adoption remains low in Portugal.

In contrast, countries like Sweden and Denmark have seen significant increases in AI use, with Denmark leading at 27.6%, followed by Sweden and Belgium. Portugal ranks seventh from the bottom in the EU, ahead of countries like Italy and Cyprus. The rise of AI adoption across Europe highlights the growing importance of the technology for business operations and competitiveness.

The slow adoption in Portugal is a concern, given AI’s critical role in boosting competitiveness, as emphasized by the European Commission. This comes as Portugal’s government prepares a national AI agenda, led by Minister Margarida Balseiro Lopes, to address the technology’s strategic importance in improving business operations and economic growth.

Read more from our source here.

5. Nova SBE Creates Laboratory to Help Solve the Country’s “Productivity Problem”

Luís Cabral, academic director of the Public Policy Institute at Nova SBE, highlighted that Portugal “has everything to be a cutting-edge economy, but it isn’t “due to the country’s productivity problem.” To address this, he launched a new laboratory dedicated to understanding the components of productivity growth in Portugal and how public policies can support this growth. The lab will produce studies and initiatives aimed at influencing public policies, particularly those related to the economy’s performance and resource allocation.

Cabral pointed out that, despite having good physical and human resources, Portugal’s productivity remains low due to issues such as poor management quality, a mismatch between workers and companies, and high contextual costs that hinder business activity. The lab, supported by the Haddad Foundation, aims not only to analyze these issues but also to propose concrete public policies and engage policymakers, with the goal of improving Portugal’s productivity through actionable research.

The lab will focus on three initiatives: research-action projects, workshops for problem analysis and solution identification, and the involvement of policymakers to ensure better access to microdata. The first results are expected by December, with the long-term goal of producing research that can directly impact public policies and avoid academia isolating itself in theoretical work, says Cabral.

Read more from our source here.

6. Economy “Must Accelerate” to Keep Up with Portuguese Qualifications, Says Secretary of State for Employment

Adriano Rafael Moreira, the Secretary of State for Employment, highlighted the issue of overqualification in Portugal, pointing out that the economy needs to accelerate to match the pace of higher education. He emphasized that the mismatch between qualifications and available jobs is driving the emigration of qualified young people, and it is essential for the economy to evolve in parallel with the advancements in higher education.

However, Moreira clarified that improving productivity in Portugal requires more than just a focus on higher education. He called for a comprehensive approach that includes professions not requiring higher qualifications and stressed the importance of companies having access to financing. Additionally, he pointed out that foreign investments must bring decision-making centers to Portugal to avoid distant decisions like collective layoffs.

The Secretary of State also called for reducing the tax burden and eliminating bureaucratic obstacles to boost productivity. He acknowledged that policies should be “coherent, consistent, and persistent,” and urged a more predictable business environment, criticizing frequent changes in tax laws. Note that these points were made during the launch of the new lab aimed at addressing Portugal’s productivity issues. Moreira’s comments underscore the need for structural changes in both the economy and policy to enhance national productivity and avoid stagnation, which currently holds Portugal below the European average.

Read more from our source here.

7. Secretary of State for Local Administration and Spatial Planning Created Two Companies That Could Benefit From the New Land Law

Hernâni Dias, the Secretary of State for Local Administration and Spatial Planning, has created two companies in the real estate and construction sectors, which may benefit from the new land law he was involved in drafting. In October 2024, while still in office, he founded MCRH Singular, LDA, alongside his wife and children. He holds 35% of the company, with his wife managing it and holding another 35%, while their children each own 15%. The company focuses on real estate, civil construction, and asset management in Bragança, where it is based.

Two weeks after founding MCRH, Hernâni Dias established a second company, Prumo, Esquadria e Perspetiva, LDA, with a minor, in which MCRH holds 50% of the capital. The remaining 50% is owned by the minor, and the management is once again led by his wife, along with another woman who has familial connections to the minor partner. This company, located in Maia, aims to capitalize on the opportunities presented by the new land law. Both companies are positioned to potentially benefit from the legal changes related to land use.

Additionally, Hernâni Dias is currently under investigation by the European Public Prosecutor’s Office regarding possible kickbacks he might have received during his tenure as mayor of Bragança. The investigation focuses on a property in Porto, occupied by his son, which is owned by the son of a partner in a construction company that won the tender for expanding the Bragança industrial zone. The investigation has raised questions about potential conflicts of interest related to his involvement in public projects and personal business ventures.

Read more from our source here.

8. Chinese New Year Celebrated at Alameda, in Lisbon, with a Parade and a Market

On January 29, the new year begins according to the lunar calendar. In Lisbon, restaurants and cultural institutions are already celebrating the arrival of the new year – and the new Chinese zodiac sign – but the main event will be the grand celebration at Alameda on February 1 and 2, which is free to attend.

On Saturday, February 1, the traditional parade will take place between 10:30 AM and 12:30 PM. Through traditional costumes, music, and dance, the participants will showcase the best and most colorful aspects of Chinese culture. Starting at 1:00 PM, a performance will take place at the Fonte Luminosa. Throughout the day, until 5:00 PM, there will also be a food and craft market, all true to the culture of the vast Asian giant. For the first time, this celebration, organized by the City of Lisbon, the Chinese Spring Festival Association, and the Embassy of the People’s Republic of China, will span two days on the city’s agenda. On Sunday, February 2, Alameda will once again host the festivities. The performance will be repeated at 2:00 PM, and the market will once again invite both Lisboans and visitors to explore more about China and its traditions.

Note that, according to Chinese tradition, each year in the lunar calendar is ruled by one of the 12 animals of the Chinese zodiac. This year, we are about to enter the Year of the Snake, a period traditionally associated with characteristics such as wisdom, change, longevity, and swift and effective decision-making.

Read more from our source here.

9. Eleven Years Later, The Rolling Stones Are Returning to Portugal

The Rolling Stones are set to perform in Lisbon on May 20, 2025, as part of their Hackney Diamonds Tour, one of their most successful ever, having already generated 225 million euros in profit. This will mark their first concert in Portugal since 2014, and the band has performed in the country multiple times before, including shows in 1990, 1995, 2003, 2006, and 2007. The concert is expected to take place at the Estádio da Luz, as the band will be performing at various stadiums around the world, with Blitz speculating this as the venue due to the large-scale nature of their tour.

The Hackney Diamonds album (2023) has received positive critical reviews. Chris Deville from NME praised the album, acknowledging that while the Rolling Stones didn’t need to release another album, they chose to do so out of desire rather than obligation. Deville described the album as “genuinely enjoyable” and noted that while it may not be a “new brilliant chapter” like Bob Dylan’s Rough and Rowdy Ways, it avoided being “a disaster and a shame.” The album represents the band’s continued ability to surprise and please their audience, even without a pressing reason to create new music.

When they perform in Portugal, Mick Jagger will be 81, Keith Richards will also be 81, and Ronnie Wood will be 77. Despite their ages, the Rolling Stones show no sign of slowing down, and their upcoming concert demonstrates their ongoing relevance and remarkable legacy in rock music. The Hackney Diamonds album may not be a groundbreaking work like some past albums, but it’s a testament to their enduring influence and their unceasing desire to perform and create, making it clear they’re not simply relying on past fame.

Read more from our source here.

10. Lisbon’s Pharmacy Museum Marks Auschwitz Liberation with Exhibition and Film Cycle

Lisbon’s Pharmacy Museum is commemorating the 80th anniversary of the liberation of Auschwitz prisoners with a new exhibition and a themed film cycle. The museum’s permanent collection chronicles the history of humanity through the evolution of pharmaceutical history, while the temporary exhibition focuses on the liberation of Auschwitz, showcasing objects from survivors and their families.

The exhibition, opening on January 31, will feature poignant items such as a train ticket stub, a piece of clothing worn by prisoners with the Star of David, the label of a Zyklon B canister (the pesticide used in the gas chambers), and documents related to the capture of Nazis. It will also display photographs donated by an American pharmaceutical soldier. These items were either donated by families of Auschwitz survivors, other World War II survivors, or purchased at auction.

In addition to the exhibition, a themed film cycle will take place. Although the exhibition itself runs until the end of February, the film series will continue into the following year. The cycle will kick off with the screening of Schindler’s List (1993) by Steven Spielberg, on the same day the exhibition opens, at 9:00 PM.

Read more from our source here.

How to Play the Lottery in Portugal

Have you ever considered playing the lottery in Portugal? Have you ever wondered how the lottery works? Portugal’s lottery system is a well-established and beloved institution, and there are a variety of games to choose from that cater to a wide range of participants. For the Portuguese, a loteria (the lottery) provides both entertainment and the potential for life-changing prizes. Let’s explore the biggest lottery games in Portugal including the Christmas lottery and let you know how you can participate. 

EuroMillions

One of the most popular lottery games in Portugal is EuroMillions, known locally as Euromilhões. Introduced in 2004, this transnational lottery is played across nine European countries including Portugal . Participants select five main numbers from 1 to 50 and two “Lucky Stars” from 1 to 12, with the aim to match all seven numbers to win the jackpot. You can also try a Lucky Dip and go for randomly selected numbers. Draw days occur every Tuesday and Friday. The starting jackpot is €17 million, but it can roll over to reach staggering amounts up to €250 million. Of the nine participating countries, 12.4% of the prize money has gone to Portugal (France is currently #1, with 28.6%). Each ticket costs €2.50.

Portugal has been home to some remarkable EuroMillions wins, including the largest prize in the country’s history: a €213.8 million jackpot won in Porto on June 25, 2024. Other significant wins include a €190 million prize claimed in Castelo Branco in 2014 and a €163.5 million prize won in Eiras in 2015.

Previous winning scratch off cards displayed at the front of a shop, Photo by Becky Gillespie

Totoloto – Portugal’s National Favorite

In addition to EuroMillions, Portugal’s national lottery game, Totoloto, has been a favorite since its inception in 1985. Players choose five numbers from 1 to 49 and an additional “Lucky Number” from 1 to 13. The jackpot begins at €1 million and grows with each rollover until a winner is picked. The game’s largest jackpot to date was €18.9 million, which was awarded in October 2015. Totoloto draws occur twice a week on Wednesdays and Saturdays. Each ticket costs €1.

M1lhão

M1lhão is a unique addition to the EuroMillions experience and is only available to Portuguese players. Each EuroMillions ticket purchased in Portugal automatically includes a code for the M1lhão draw, which guarantees a €1 million prize every Friday. This supplementary game has created numerous millionaires and adds an extra layer of anticipation to the EuroMillions draws. Portugal’s most recent winner was in Braga on January 17, 2025. You are automatically entered into M1hão when you purchase a EuroMillions ticket, with €2.20 going towards the main game and €0.30 going towards M1lhão.

EuroDreams

The newest addition to the Portuguese lottery lineup is EuroDreams, which was only launched in November 2023. Played across eight European countries, EuroDreams offers a top prize structured as an annuity: €20,000 per month for 30 years, totaling €7.2 million. Players choose six numbers from 1 to 40 and one “Dream Number” from 1 to 5. The game also includes secondary prizes, such as €2,000 per month for five years. EuroDreams draws are held every Monday and Thursday. Each ticket costs €2.50.

How to Play the Lottery in Portugal

For those interested in participating, playing the lottery in Portugal is quite straightforward. Tickets can be purchased from authorized retailers, including cafes, gas stations, and convenience stores, or online through official platforms. Winnings of up to €150 can be claimed at any authorized retailer, while prizes between €150 and €5,000 are typically paid via bank transfer. Amounts exceeding €5,000 require verification by the Santa Casa Gaming Department and are subject to a 20% tax.

Lotaria Clássica do Natal

We’ve learned about Portugal’s regular lottery games, but did you also know that there is a special Christmas lottery every year? The Lotaria Clássica do Natal, or Christmas Lottery, is a beloved tradition organized by Santa Casa da Misericórdia. Held during the festive season, this lottery features a top prize of €250,000. Tickets for the Christmas Lottery cost €15 each, which makes it an affordable way for families and friends to share in the holiday excitement. This special lottery drawing is televised and has become an integral part of Portugal’s holiday celebrations. Sales for the Christmas Lottery, a tradition held since the 1950s, hit a 10-year-high in 2024 due to enhanced logistics and distribution of lottery tickets.

Famous Portuguese Lottery Winners

Portugal has produced some famous lottery winners, with stories that have captured the nation’s imagination. Among them is the recent record-breaking €213.8 million EuroMillions jackpot winner from Porto in 2024. The winner reportedly spent over €4500 on tickets. Another memorable win was the €190 million prize won in Castelo Branco in 2014, which was the maximum jackpot allowed at the time. These winners not only changed their own lives but also put the spotlight on Portugal as a lucky place for winners.

How much does it cost to play the lottery in Portugal?

Ticket prices vary by game. EuroMillions costs €2.50 per line, Totoloto is €1 per entry, and EuroDreams costs €2.50 per line. The Christmas Lottery tickets are priced at €15 each.

What is the biggest lottery prize ever won in Portugal?

The largest lottery prize in Portugal’s history is a €213.8 million EuroMillions jackpot, won in Porto on June 25, 2024.

How are lottery winnings taxed in Portugal?

Prizes on all lottery games that we’ve mentioned exceeding €5,000 are subject to a 20% stamp tax. When you place a bet on a State social game, you pay 4.5% at the time of purchase as stamp duty.

Please also note that prizes are not subject to income tax, so they have no effect on or implications for the winner’s annual income tax return. When you collect the prize, you will receive a declaration from Santa Casa da Misericórdia that you must keep for four years, in the event of an audit or investigation by the tax authorities to prove where you got the money.

Who can play the lottery in Portugal? 

Individuals playing the lottery in Portugal need to be 18 and over to play.