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Finance Minister Rejects an Expert Panel's Proposal to Merge Portugal's Three Financial Supervisors

Finance Minister Rejects an Expert Panel's Proposal to Merge Portugal's Three Financial Supervisors

A government-appointed panel proposed folding the Bank of Portugal, the CMVM and the insurance regulator into a single supervisor. Finance Minister Joaquim Miranda Sarmento turned it down within two days.

The Portugal Brief 27 Jun 2026

Portugal's Duty-Free Window for Cheap Non-EU Parcels Shuts on 1 July, With CTT Urging Shoppers to Clear Orders by Sunday

Portugal's Duty-Free Window for Cheap Non-EU Parcels Shuts on 1 July, With CTT Urging Shoppers to Clear Orders by Sunday

From 1 July the EU scraps the duty-free allowance on sub-€150 parcels from outside the bloc. CTT is urging shoppers to clear any incoming orders by 29 June to dodge the new charges.

The Portugal Brief 27 Jun 2026

The Lisboa Brief — Week of 27 June 2026: Rock in Rio Lights Parque Tejo, Festas Bow Out at Belém, PS Charges Moedas Over Developer 'Borlas' and a 60-Plus Rent Lottery Opens

The Lisboa Brief — Week of 27 June 2026: Rock in Rio Lights Parque Tejo, Festas Bow Out at Belém, PS Charges Moedas Over Developer 'Borlas' and a 60-Plus Rent Lottery Opens

Lisboa closed June at full volume — Rock in Rio at Parque Tejo, the Festas bowing out at Belém and the Mundial Fan Zone keeping the Terreiro loud. Beneath it, PS charged Moedas over developer 'borlas', the câmara opened a rent lottery for the over-60s, and a second heat wave hit.

The Portugal Brief 27 Jun 2026

A fan of euro banknotes spilling from a white envelope on a wooden table

Getting Your NIF and Opening a Portuguese Bank Account in 2026 — A Practical Guide to the Tax Number, Fiscal Representation, and the Documents Banks Actually Ask For

Almost nothing in Portugal happens without a NIF and a bank account. This guide explains how to get your tax number, when non-EU arrivals still need a fiscal representative, the resident-versus-non-resident distinction, and which documents banks ask for in 2026.

The Portugal Brief 27 Jun 2026

A mechanic working underneath a car on a lift in a vehicle inspection garage

New IMT Rulebook Overhauls How Drivers Legally Modify a Registered Car, Easing Petrol-to-Electric Retrofits

The Council of Ministers has approved a single Vehicle Transformation Regulation setting clear rules for modifying a registered car. Every change still needs IMT sign-off and must not harm safety or emissions, but electric retrofits and camper conversions get a simpler path.

The Portugal Brief 27 Jun 2026

The Alqueva dam and reservoir on the Guadiana basin in southern Portugal under a cloudy sky

Portugal and Spain Strike a First Binding Flow Deal for the Lower Guadiana, Securing the Pomarão Intake for the Algarve

Lisbon and Madrid have agreed the lower Guadiana's first binding flow regime in a new protocol to the 1998 Albufeira Convention, fixing how the shared river is divided at Pomarão and clearing the way for a water intake the drought-hit Algarve has long counted on.

The Portugal Brief 27 Jun 2026

Cardboard moving boxes stacked in an empty room, illustrating a household move to Portugal

Moving Your Household Goods to Portugal in 2026 — A Practical Guide to the Certificado de Bagagem, the Transfer-of-Residence Customs Relief, and Shipping Your Belongings

Shipping your life to Portugal is two very different jobs depending on where you start. This guide covers the transfer-of-residence customs relief, the Certificado de Bagagem you request at the consulate, the document checklist, and how to ship a container without paying duty you do not owe.

The Portugal Brief 26 Jun 2026

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