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    10 REASONS TO CHOOSE THE ALGARVE TO LIVE

    <p>&nbsp;</p> <h2 dir="ltr" style="line-height: 1.295; margin-top: 0pt; margin-bottom: 8pt; text-align: left;"><strong><span style="font-size: 11pt; font-family: Calibri; color: #000000; background-color: transparent; font-style: normal; font-variant: normal; text-decoration: none; vertical-align: baseline; white-space: pre-wrap;">What makes the Algarve to be the dream destination to make the most of your retirement or to buy a holiday home? What key criteria should we consider before moving to the other side of the globe? </span></strong><strong><span style="font-size: 11pt; font-family: Calibri; color: #000000; background-color: transparent; font-style: normal; font-variant: normal; text-decoration: none; vertical-align: baseline; white-space: pre-wrap;">In 2017 CNBC released their Overseas Retirement Index and guess who was on pole position? They considered the Algarve the newest tax haven that has Europe&rsquo;s best beaches, golf courses, some of Europe&rsquo;s friendliest folk and one of Western Europe&rsquo;s lowest cost of living. In this article we compiled for you a list of 10 reasons that will put the Algarve in your list of favorites.</span></strong></h2> <p dir="ltr" style="line-height: 1.295; margin-top: 0pt; margin-bottom: 8pt;">&nbsp;</p> <p dir="ltr" style="line-height: 1.295; margin-top: 0pt; margin-bottom: 8pt; text-align: justify;"><strong><span style="font-size: 11pt; font-family: Calibri; color: #000000; background-color: transparent; font-style: normal; font-variant: normal; text-decoration: none; vertical-align: baseline; white-space: pre-wrap;">1) THE BEAUTY AND DIVERSITY OF THE ALGARVE</span></strong></p> <p><span style="font-size: 11pt; font-family: Calibri; color: #000000; background-color: transparent; font-weight: 400; font-style: normal; font-variant: normal; text-decoration: none; vertical-align: baseline; white-space: pre-wrap;">Acknowledged as Europe&rsquo;s best kept secret, the Algarve is one of the world&rsquo;s most beautiful provinces and a truly captivating region for its landscape diversity. </span><span style="font-size: 11pt; font-family: Calibri; color: #000000; background-color: transparent; font-weight: 400; font-style: normal; font-variant: normal; text-decoration: none; vertical-align: baseline; white-space: pre-wrap;">Located in the south of Portugal, the coastline spans over 200 kilometres and boasts some of Europe&rsquo;s cleanest and picturesque sandy beaches</span><span style="font-size: 11pt; font-family: Calibri; color: #000000; background-color: transparent; font-weight: 400; font-style: normal; font-variant: normal; text-decoration: none; vertical-align: baseline; white-space: pre-wrap;">.<sup>1</sup> The architecture of the whitewashed houses, with their brightly-coloured mouldings and remarkably beautiful chimneys, the church belfries and the museums, all reveal particular memories of the ancestors of the Algarve people and help to make this such a special destination.</span></p> <p dir="ltr" style="line-height: 1.295; margin-top: 0pt; margin-bottom: 8pt;"><span style="font-size: 11pt; font-family: Calibri; color: #000000; background-color: transparent; font-weight: 400; font-style: normal; font-variant: normal; text-decoration: none; vertical-align: baseline; white-space: pre-wrap;"><img style="display: block; margin-left: auto; margin-right: auto;" src="http://bo.yourluxuryproperty.com//ContentFiles/85/Algarve5Large.jpg" alt="Algarve architecture" width="708" height="471" /></span></p> <p dir="ltr" style="line-height: 1.295; margin-top: 0pt; margin-bottom: 8pt; text-align: justify;">&nbsp;</p> <p dir="ltr" style="line-height: 1.295; margin-top: 0pt; margin-bottom: 8pt; text-align: left;"><span style="font-size: 11pt; font-family: Calibri; color: #000000; background-color: transparent; font-weight: 400; font-style: normal; font-variant: normal; text-decoration: none; vertical-align: baseline; white-space: pre-wrap;">Wherever you look, the green of the mountains and the blue from the sea will always be with you thanks to its location between the Atlantic coastline and the Serra Algarvia. A stroll through the tangled web of narrow streets, alleys and steps to be found away from the coast is the best way of getting to know this last part of the region. But you can also easily lose yourself in the vastness of the coastal strip. Here the backdrop is composed of beautiful beaches, from where you can admire the rocky coastline and the playful shadows they cast on the sand. As you travel across the Algarve, amidst its hills and plains filled with places of great ecological interest, rich in biodiversity and ecosystems, you will feel as though you are passing through an area full of different traditions.</span></p> <p dir="ltr" style="line-height: 1.295; margin-top: 0pt; margin-bottom: 8pt; text-align: justify;">&nbsp;</p> <p dir="ltr" style="line-height: 1.295; margin-top: 0pt; margin-bottom: 8pt;"><span style="font-size: 11pt; font-family: Calibri; color: #000000; background-color: transparent; font-weight: 400; font-style: normal; font-variant: normal; text-decoration: none; vertical-align: baseline; white-space: pre-wrap;"><img style="display: block; margin-left: auto; margin-right: auto;" src="http://bo.yourluxuryproperty.com//ContentFiles/85/Algarve14Large.jpg" alt="algarve coast" width="698" height="465" /></span></p> <p dir="ltr" style="line-height: 1.295; margin-top: 0pt; margin-bottom: 8pt; text-align: justify;">&nbsp;</p> <p dir="ltr" style="line-height: 1.295; margin-top: 0pt; margin-bottom: 8pt; text-align: justify;"><strong><span style="font-size: 11pt; font-family: Calibri; color: #000000; background-color: transparent; font-style: normal; font-variant: normal; text-decoration: none; vertical-align: baseline; white-space: pre-wrap;">2) LANGUAGE</span></strong></p> <p dir="ltr" style="line-height: 1.295; margin-top: 0pt; margin-bottom: 8pt; text-align: left;"><span style="font-size: 11pt; font-family: Calibri; color: #000000; background-color: transparent; font-weight: 400; font-style: normal; font-variant: normal; text-decoration: none; vertical-align: baseline; white-space: pre-wrap;">It&nbsp;is very likely that you&rsquo;ll feel much more comfortable living in a country where you can communicate in English. In Portugal you will find that most people speak English (at least some basic), and with quite a good accent! You will find a highly skilled workforce fluent in English. According to the latest English Proficiency Index (EF EPI)<sup>12</sup></span><span style="font-size: 11pt; font-family: Calibri; color: #000000; background-color: transparent; font-weight: 400; font-style: normal; font-variant: normal; text-decoration: none; vertical-align: baseline; white-space: pre-wrap;">, Portugal shows a &ldquo;high English proficiency&rdquo;. In fact, in Portugal English is not only learned in school, but also through television and films, which are not dubbed but subtitled. It is for this reason that Portugal has more English speakers than any other country in Southern Europe.</span></p> <p dir="ltr" style="line-height: 1.295; margin-top: 0pt; margin-bottom: 8pt;">&nbsp;</p> <p dir="ltr" style="line-height: 1.295; margin-top: 0pt; margin-bottom: 8pt; text-align: justify;"><strong><span style="font-size: 11pt; font-family: Calibri; color: #000000; background-color: transparent; font-style: normal; font-variant: normal; text-decoration: none; vertical-align: baseline; white-space: pre-wrap;">3) SAFETY</span></strong></p> <p dir="ltr" style="line-height: 1.295; margin-top: 0pt; margin-bottom: 8pt; text-align: left;"><span style="font-size: 11pt; font-family: Calibri; color: #000000; background-color: transparent; font-weight: 400; font-style: normal; font-variant: normal; text-decoration: none; vertical-align: baseline; white-space: pre-wrap;">That might be one of the most important criteria when choosing a country to live in. Did you know that Portugal is the 4</span><span style="font-size: 6.6pt; font-family: Calibri; color: #000000; background-color: transparent; font-weight: 400; font-style: normal; font-variant: normal; text-decoration: none; vertical-align: super; white-space: pre-wrap;">th</span><span style="font-size: 11pt; font-family: Calibri; color: #000000; background-color: transparent; font-weight: 400; font-style: normal; font-variant: normal; text-decoration: none; vertical-align: baseline; white-space: pre-wrap;"> safest country in the world out of a total of 163 countries with one of the lowest crime rates? According to the ranking Global Peace Index 2018<sup>3</sup></span><span style="font-size: 11pt; font-family: Calibri; color: #000000; background-color: transparent; font-weight: 400; font-style: normal; font-variant: normal; text-decoration: none; vertical-align: baseline; white-space: pre-wrap;">, Portugal shows a &ldquo;very high state of peace&rdquo; - in front of all its southern neighbour. Furthermore, it is now well known that the Portuguese people are very welcoming and friendly. Believe us, it makes the difference.</span></p> <p dir="ltr" style="line-height: 1.295; margin-top: 0pt; margin-bottom: 8pt; text-align: justify;">&nbsp;</p> <p dir="ltr" style="line-height: 1.295; margin-top: 0pt; margin-bottom: 8pt; text-align: justify;"><strong><span style="font-size: 11pt; font-family: Calibri; color: #000000; background-color: transparent; font-style: normal; font-variant: normal; text-decoration: none; vertical-align: baseline; white-space: pre-wrap;">4) WEATHER</span></strong></p> <p dir="ltr" style="line-height: 1.295; margin-top: 0pt; margin-bottom: 8pt; text-align: left;"><span style="font-size: 11pt; font-family: Calibri; color: #000000; background-color: transparent; font-weight: 400; font-style: normal; font-variant: normal; text-decoration: none; vertical-align: baseline; white-space: pre-wrap;">The Algarve is characterized by short and mild winters with averages of 15&ordm;C and long hot summers with temperatures around 30&ordm;C. With over 3130 hours sunshine a year and Mediterranean-like weather, the Algarve is the European champion of the sun and thus a perfect place to live all year round. </span></p> <p dir="ltr" style="line-height: 1.295; margin-top: 0pt; margin-bottom: 8pt; text-align: justify;"><span style="font-size: 11pt; font-family: Calibri; color: #000000; background-color: transparent; font-weight: 400; font-style: normal; font-variant: normal; text-decoration: none; vertical-align: baseline; white-space: pre-wrap;"><strong id="docs-internal-guid-7881c720-7fff-2f3f-fff7-beeb90314217" style="font-weight: normal;">&nbsp;</strong></span></p> <p dir="ltr" style="line-height: 1.295; margin-top: 0pt; margin-bottom: 8pt; text-align: justify;"><strong><span style="font-size: 11pt; font-family: Calibri; color: #000000; background-color: transparent; font-style: normal; font-variant: normal; text-decoration: none; vertical-align: baseline; white-space: pre-wrap;">5) LOCATION FACTOR &ndash; No man is an island.</span></strong></p> <p dir="ltr" style="line-height: 1.295; margin-top: 0pt; margin-bottom: 8pt; text-align: left;"><span style="font-size: 11pt; font-family: Calibri; color: #000000; background-color: transparent; font-weight: 400; font-style: normal; font-variant: normal; text-decoration: none; vertical-align: baseline; white-space: pre-wrap;">Be aware that Faro Airport connects the Algarve to most European cities with direct daily flights and with an average distance of less than 3,5 hours. This factor conveys great security before the move and ensures that you will be able, at any time, to see your family or move around for business purposes.</span></p> <p dir="ltr" style="line-height: 1.295; margin-top: 0pt; margin-bottom: 8pt; text-align: justify;">&nbsp;</p> <p dir="ltr" style="line-height: 1.295; margin-top: 0pt; margin-bottom: 8pt;"><span style="font-size: 11pt; font-family: Calibri; color: #000000; background-color: transparent; font-weight: 400; font-style: normal; font-variant: normal; text-decoration: none; vertical-align: baseline; white-space: pre-wrap;"><img style="display: block; margin-left: auto; margin-right: auto;" src="http://bo.yourluxuryproperty.com//ContentFiles/85/FligthsFaroEurope.jpg" alt="algarve europe" width="702" height="606" /></span></p> <p dir="ltr" style="line-height: 1.295; margin-top: 0pt; margin-bottom: 8pt;">&nbsp;</p> <p dir="ltr" style="line-height: 1.295; margin-top: 0pt; margin-bottom: 8pt; text-align: justify;"><span style="font-size: 11pt; font-family: Calibri; color: #000000; background-color: transparent; font-weight: 400; font-style: normal; font-variant: normal; text-decoration: none; vertical-align: baseline; white-space: pre-wrap;"><strong style="font-weight: normal;">&nbsp;</strong></span></p> <p dir="ltr" style="line-height: 1.295; margin-top: 0pt; margin-bottom: 8pt; text-align: justify;"><strong><span style="font-size: 11pt; font-family: Calibri; color: #000000; background-color: transparent; font-style: normal; font-variant: normal; text-decoration: none; vertical-align: baseline; white-space: pre-wrap;">6) SPORTS FACILITIES for an ACTIVE LIFE</span></strong></p> <p dir="ltr" style="line-height: 1.295; margin-top: 0pt; margin-bottom: 8pt; text-align: left;"><span style="font-size: 11pt; font-family: Calibri; color: #000000; background-color: transparent; font-weight: 400; font-style: normal; font-variant: normal; text-decoration: none; vertical-align: baseline; white-space: pre-wrap;">The Algarve is known as one of Europe&rsquo;s best golfing destinations. Considered World&rsquo;s Best Golf Destination for many years, the Algarve and its incredible golf facilities will surprise those who are passionate for this sport. Within the vicinity of our office there are 13 golf courses, which are considered the best of the Algarve. Here keen golfers can enjoy a great golfing experience.</span></p> <p dir="ltr" style="line-height: 1.295; margin-top: 0pt; margin-bottom: 8pt; text-align: left;"><span style="font-size: 11pt; font-family: Calibri; color: #000000; background-color: transparent; font-weight: 400; font-style: normal; font-variant: normal; text-decoration: none; vertical-align: baseline; white-space: pre-wrap;">A wide range of other sports is also available &ndash; from walking and sightseeing excursions, mountain biking and quad biking to powerboat championships, karting, car rallies, motocross events, sailing, surfing (check our article about Sagres, considered one of the best surfing spots in Europe, by professionals and amateurs alike), tennis, horse riding, kayaking, kite surfing, rock climbing and wakeboarding and many, many more. Whether you're playing golf on lush green courses of the awarded European Golf Destination (International Association of the Golf Tour Operators) or enjoying some physical exercise at some of the region's excellent facilities, whether you're on the coast or perhaps up in the hills, where, after the winter and even before the first signs of spring, the land is covered in a pinkish white blanket, produced by the blossom of the almond-trees scattered across the horizon.</span></p> <p dir="ltr" style="line-height: 1.295; margin-top: 0pt; margin-bottom: 8pt; text-align: left;"><img style="display: block; margin-left: auto; margin-right: auto;" src="http://bo.yourluxuryproperty.com//ContentFiles/85/Golf1Large.jpg" alt="Algarve golf" width="738" height="369" /></p> <p dir="ltr" style="line-height: 1.295; margin-top: 0pt; margin-bottom: 8pt; text-align: justify;">&nbsp;</p> <p dir="ltr" style="line-height: 1.295; margin-top: 0pt; margin-bottom: 8pt; text-align: justify;"><strong><span style="font-size: 11pt; font-family: Calibri; color: #000000; background-color: transparent; font-style: normal; font-variant: normal; text-decoration: none; vertical-align: baseline; white-space: pre-wrap;">7) FOOD</span></strong></p> <p dir="ltr" style="line-height: 1.295; margin-top: 0pt; margin-bottom: 8pt; text-align: justify;">&nbsp;</p> <p dir="ltr" style="line-height: 1.295; margin-top: 0pt; margin-bottom: 8pt; text-align: left;"><span style="font-size: 11pt; font-family: Calibri; color: #000000; background-color: transparent; font-weight: 400; font-style: normal; font-variant: normal; text-decoration: none; vertical-align: baseline; white-space: pre-wrap;">If you are looking for a place to live a longer and healthier life, the Algarve may be your no. 1 choice. Apart from the way we sleep, exercise, spend time outdoors, have fun, manage our stress and connect with others, the food we eat is perhaps the single most important influence on health. In the Algarve you will find year-round sun and bright skies to lift your mood, </span><a style="text-decoration: none;" href="https://www.yourluxuryproperty.com/blog/loule-market/52" target="_blank" rel="noopener"><span style="font-size: 11pt; font-family: Calibri; color: #0563c1; background-color: transparent; font-weight: 400; font-style: normal; font-variant: normal; text-decoration: underline; -webkit-text-decoration-skip: none; text-decoration-skip-ink: none; vertical-align: baseline; white-space: pre-wrap;">bustling local markets</span></a><span style="font-size: 11pt; font-family: Calibri; color: #000000; background-color: transparent; font-weight: 400; font-style: normal; font-variant: normal; text-decoration: none; vertical-align: baseline; white-space: pre-wrap;"> and restaurants to source healthy seasonal foods. You will discover that the aromas and flavours of the traditional Algarve cuisine will pull you back time and time again. The menu may consist of the best fish and shellfish, with such dishes as caldeirada de peixe (fish-stew) or cataplana de am&ecirc;ijoas (clams steamed in a copper pan), or you can enjoy the traditional mountain food such as home raised meat and vegetables. The range of choices will also include the famous regional delicacies, such as figs, almonds, carobs and the brandy made from the locally grown medronho (arbutus-berry), distilled up in the hills in old copper stills.</span></p> <p dir="ltr" style="line-height: 1.295; margin-top: 0pt; margin-bottom: 8pt; text-align: justify;">&nbsp;</p> <p dir="ltr" style="line-height: 1.295; margin-top: 0pt; margin-bottom: 8pt;"><span style="font-size: 11pt; font-family: Calibri; color: #000000; background-color: transparent; font-weight: 400; font-style: normal; font-variant: normal; text-decoration: none; vertical-align: baseline; white-space: pre-wrap;"><img style="display: block; margin-left: auto; margin-right: auto;" src="http://bo.yourluxuryproperty.com//ContentFiles/85/Sardinhas1Large.jpg" alt="Algarve fish" width="696" height="461" /></span></p> <p dir="ltr" style="line-height: 1.295; margin-top: 0pt; margin-bottom: 8pt; text-align: justify;">&nbsp;</p> <p dir="ltr" style="line-height: 1.295; margin-top: 0pt; margin-bottom: 8pt; text-align: justify;"><strong><span style="font-size: 11pt; font-family: Calibri; color: #000000; background-color: transparent; font-style: normal; font-variant: normal; text-decoration: none; vertical-align: baseline; white-space: pre-wrap;">8) COST OF LIVING &ndash; GOOD VALUE FOR MONEY</span></strong></p> <p dir="ltr" style="line-height: 1.295; margin-top: 0pt; margin-bottom: 8pt; text-align: left;"><span style="font-size: 11pt; font-family: Calibri; color: #000000; background-color: transparent; font-weight: 400; font-style: normal; font-variant: normal; text-decoration: none; vertical-align: baseline; white-space: pre-wrap;">The Algarve is one of the most affordable destinations on the Old Continent. In 2018, the Post Office Travel Money declared the Algarve the second cheapest of 44 European destinations. </span><span style="font-size: 11pt; font-family: Calibri; color: #000000; background-color: transparent; font-weight: 400; font-style: normal; font-variant: normal; text-decoration: none; vertical-align: baseline; white-space: pre-wrap;"><br class="kix-line-break" /></span><span style="font-size: 11pt; font-family: Calibri; color: #000000; background-color: transparent; font-weight: 400; font-style: normal; font-variant: normal; text-decoration: none; vertical-align: baseline; white-space: pre-wrap;">This is why the abundance of immigrants from the UK, France, Holland and even Sweden and Finland decide to move to the Algarve in order to exponentially increase their quality of life. From child care &amp; schooling, to gym memberships, health insurance, cinema tickets to surf lessons or 3 course set meals at an &ldquo;average&rdquo; restaurant, differences in prices are notable.</span></p> <p dir="ltr" style="line-height: 1.295; margin-top: 0pt; margin-bottom: 8pt; text-align: justify;">&nbsp;</p> <p dir="ltr" style="line-height: 1.295; margin-top: 0pt; margin-bottom: 8pt; text-align: justify;"><strong><span style="font-size: 11pt; font-family: Calibri; color: #000000; background-color: transparent; font-style: normal; font-variant: normal; text-decoration: none; vertical-align: baseline; white-space: pre-wrap;">9) SOCIAL, POLITICAL AND ECONOMIC STABILITY</span></strong></p> <p dir="ltr" style="line-height: 1.295; margin-top: 0pt; margin-bottom: 8pt; text-align: left;"><span style="font-size: 11pt; font-family: Calibri; color: #000000; background-color: transparent; font-weight: 400; font-style: normal; font-variant: normal; text-decoration: none; vertical-align: baseline; white-space: pre-wrap;">The stability of a country is a sine qua non for anyone wishing to invest abroad. Choosing a safe country on a social, political and economic level is one of the main guarantees to make a secure investment. According to Marsh - the global independent leader in risk management - Portugal has a low operational, political and economic risk index</span><sup><span style="color: #000000; background-color: transparent; font-weight: 400; font-style: normal; font-variant: normal; text-decoration: none; vertical-align: baseline;">4</span></sup> <span style="background-color: transparent; font-size: 11pt; font-family: Calibri; font-variant-numeric: normal; font-variant-east-asian: normal; vertical-align: baseline; white-space: pre-wrap;">that puts it in the category of stable countries.</span></p> <p dir="ltr" style="line-height: 1.295; margin-top: 0pt; margin-bottom: 8pt; text-align: justify;">&nbsp;</p> <p dir="ltr" style="line-height: 1.295; margin-top: 0pt; margin-bottom: 8pt; text-align: justify;"><strong><span style="font-size: 11pt; font-family: Calibri; color: #000000; background-color: transparent; font-style: normal; font-variant: normal; text-decoration: none; vertical-align: baseline; white-space: pre-wrap;">10) FISCAL INCENTIVE</span></strong></p> <p dir="ltr" style="line-height: 1.295; margin-top: 0pt; margin-bottom: 8pt; text-align: justify;"><span style="font-size: 11pt; font-family: Calibri; color: #000000; background-color: transparent; font-weight: 400; font-style: normal; font-variant: normal; text-decoration: underline; -webkit-text-decoration-skip: none; text-decoration-skip-ink: none; vertical-align: baseline; white-space: pre-wrap;">Non-Habitual Resident Regime</span></p> <p dir="ltr" style="line-height: 1.295; margin-top: 0pt; margin-bottom: 8pt; text-align: left;"><span style="font-size: 11pt; font-family: Calibri; color: #000000; background-color: transparent; font-weight: 400; font-style: normal; font-variant: normal; text-decoration: none; vertical-align: baseline; white-space: pre-wrap;">Based on a favourable tax regime, it is intended to attract to Portugal non-resident citizens, professionals qualified for activities with high added value, as well as individuals with a high net worth or purchasing power. This attraction is based on the application of the exemption method as the preferred method of elimination of international judicial double taxation of foreign source and application of a special rate of 20% (mitigated and proportional taxation) to certain incomes. </span><a style="text-decoration: none;" href="http://www.yourluxuryproperty.com/en/blog/tax-regime-for-non-regular-residents"><span style="font-size: 11pt; font-family: Calibri; color: #0563c1; background-color: transparent; font-weight: 400; font-style: normal; font-variant: normal; text-decoration: underline; -webkit-text-decoration-skip: none; text-decoration-skip-ink: none; vertical-align: baseline; white-space: pre-wrap;">Click here to read all about the NHR Regime</span></a></p> <p dir="ltr" style="line-height: 1.295; margin-top: 0pt; margin-bottom: 8pt; text-align: justify;">&nbsp;</p> <p dir="ltr" style="line-height: 1.295; margin-top: 0pt; margin-bottom: 8pt; text-align: justify;"><span style="font-size: 11pt; font-family: Calibri; color: #000000; background-color: transparent; font-weight: 400; font-style: normal; font-variant: normal; text-decoration: none; vertical-align: baseline; white-space: pre-wrap;">Concrete Benefits:</span></p> <ul> <li><span style="font-size: 11pt; font-family: Calibri; color: #000000; background-color: transparent; font-weight: 400; font-style: normal; font-variant: normal; text-decoration: none; vertical-align: baseline; white-space: pre-wrap;">IRS rate of 20% on category A and B income received in Portugal</span></li> <li dir="ltr" style="line-height: 1.295; text-align: justify;"><span style="font-size: 11pt; font-family: Calibri; color: #000000; background-color: transparent; font-weight: 400; font-style: normal; font-variant: normal; text-decoration: none; vertical-align: baseline; white-space: pre-wrap;">Tax free foreign-source income </span></li> <li dir="ltr" style="line-height: 1.295;"><span style="font-size: 11pt; font-family: Calibri; color: #000000; background-color: transparent; font-weight: 400; font-style: normal; font-variant: normal; text-decoration: none; vertical-align: baseline; white-space: pre-wrap;">The non-resident will benefit from this regime during 10 years</span></li> </ul> <p dir="ltr" style="line-height: 1.295; margin-top: 0pt; margin-bottom: 8pt; text-align: justify;"><span style="font-size: 11pt; font-family: Calibri; color: #000000; background-color: transparent; font-weight: 400; font-style: normal; font-variant: normal; text-decoration: none; vertical-align: baseline; white-space: pre-wrap;"><strong id="docs-internal-guid-b752735c-7fff-a4d8-3fed-59c3e7de70fd" style="font-weight: normal;">&nbsp;</strong></span></p> <p dir="ltr" style="line-height: 1.295; margin-top: 0pt; margin-bottom: 8pt; text-align: justify;"><span style="font-size: 11pt; font-family: Calibri; color: #000000; background-color: transparent; font-weight: 400; font-style: normal; font-variant: normal; text-decoration: underline; -webkit-text-decoration-skip: none; text-decoration-skip-ink: none; vertical-align: baseline; white-space: pre-wrap;">Favourable Investment Environment</span></p> <p dir="ltr" style="line-height: 1.295; margin-top: 0pt; margin-bottom: 8pt; text-align: justify;">&nbsp;</p> <ul> <li dir="ltr" style="line-height: 1.295; text-align: justify;"><span style="font-size: 11pt; font-family: Calibri; color: #000000; background-color: transparent; font-weight: 400; font-style: normal; font-variant: normal; text-decoration: none; vertical-align: baseline; white-space: pre-wrap;">A tax exemption for gifts and inheritance tax to spouse, descendents or ascendants. Inheritances or gifts to other individuals will be either not taxable, due to generous territoriality rules, or subject to a flat 10% stamp tax</span></li> <li dir="ltr" style="line-height: 1.295; text-align: justify;"><span style="font-size: 11pt; font-family: Calibri; color: #000000; background-color: transparent; font-weight: 400; font-style: normal; font-variant: normal; text-decoration: none; vertical-align: baseline; white-space: pre-wrap;">No wealth tax and free remittance of funds either to Portugal or abroad. Nil taxation on dividends with proper planning, or, otherwise, a 25% withholding flat rate will apply. Tax credit for international double taxation may be available</span></li> <li dir="ltr" style="line-height: 1.295; text-align: justify;"><span style="font-size: 11pt; font-family: Calibri; color: #000000; background-color: transparent; font-weight: 400; font-style: normal; font-variant: normal; text-decoration: none; vertical-align: baseline; white-space: pre-wrap;">Beneficial treatment for pensions and other life insurance products (including unit-linked) may further significantly reduce the effective tax burden on capital invested</span></li> <li dir="ltr" style="line-height: 1.295; text-align: justify;"><span style="font-size: 11pt; font-family: Calibri; color: #000000; background-color: transparent; font-weight: 400; font-style: normal; font-variant: normal; text-decoration: none; vertical-align: baseline; white-space: pre-wrap;">Portuguese companies may take advantage of EU non-discrimination rules and EU directives on mergers, dividends, interest and royalties, as well as Portuguese double-tax treaties</span></li> <li dir="ltr" style="line-height: 1.295; text-align: justify;"><span style="font-size: 11pt; font-family: Calibri; color: #000000; background-color: transparent; font-weight: 400; font-style: normal; font-variant: normal; text-decoration: none; vertical-align: baseline; white-space: pre-wrap;">Portugal has signed 65 double-tax treaties, 56 of which are in force, more than 50 investment protection agreements, and 15 tax information exchange agreements &ndash; most of which are already in force, e.g. Bermuda, Cayman and Gibraltar, and several social security agreements offering interesting tax planning opportunities in a tax-friendly environment.</span></li> </ul> <p dir="ltr" style="line-height: 1.295; margin-top: 0pt; margin-bottom: 8pt; text-align: justify;">&nbsp;</p> <p dir="ltr" style="line-height: 1.295; margin-top: 0pt; margin-bottom: 8pt; text-align: justify;"><span style="font-size: 11pt; font-family: Calibri; color: #000000; background-color: transparent; font-weight: 400; font-style: normal; font-variant: normal; text-decoration: underline; -webkit-text-decoration-skip: none; text-decoration-skip-ink: none; vertical-align: baseline; white-space: pre-wrap;">Golden Visa Permit</span><span style="font-size: 11pt; font-family: Calibri; color: #000000; background-color: transparent; font-weight: 400; font-style: normal; font-variant: normal; text-decoration: none; vertical-align: baseline; white-space: pre-wrap;"> &ndash; Applicable to foreigners who are not citizens of the European Union</span></p> <p dir="ltr" style="line-height: 1.295; margin-top: 0pt; margin-bottom: 8pt; text-align: left;"><span style="font-size: 11pt; font-family: Calibri; color: #000000; background-color: transparent; font-weight: 400; font-style: normal; font-variant: normal; text-decoration: none; vertical-align: baseline; white-space: pre-wrap;">Legal provisions provide the possibility for those who pursue investment activities in Portugal to apply for a Residence Permit, for example, those who transfer capital, create jobs or acquire Real Estate. The holders of a Golden Residence Permit for the purposes of investment activity have the right to family regrouping, and may gain access to a permanent residence permit, as well as to Portuguese citizenship in accordance with the current legal provisions. &nbsp;</span><a style="text-decoration: none;" href="http://www.yourluxuryproperty.com/en/support/portugal-golden-visa"><span style="font-size: 11pt; font-family: Calibri; color: #0563c1; background-color: transparent; font-weight: 400; font-style: normal; font-variant: normal; text-decoration: underline; -webkit-text-decoration-skip: none; text-decoration-skip-ink: none; vertical-align: baseline; white-space: pre-wrap;">Click here to read all about the Golden Visa Permit</span></a></p> <p dir="ltr" style="line-height: 1.295; margin-top: 0pt; margin-bottom: 8pt; text-align: justify;"><span style="font-size: 11pt; font-family: Calibri; color: #000000; background-color: transparent; font-weight: 400; font-style: normal; font-variant: normal; text-decoration: underline; -webkit-text-decoration-skip: none; text-decoration-skip-ink: none; vertical-align: baseline; white-space: pre-wrap;">Concrete Benefits:</span></p> <ul> <li dir="ltr" style="line-height: 1.295; text-align: justify;"><span style="font-size: 11pt; font-family: Calibri; color: #000000; background-color: transparent; font-weight: 400; font-style: normal; font-variant: normal; text-decoration: none; vertical-align: baseline; white-space: pre-wrap;">A type of visa which allows entering and staying in Portugal for a period of 5 year, increasing the actual period to 90 days for non-residents</span></li> <li dir="ltr" style="line-height: 1.295; text-align: justify;"><span style="font-size: 11pt; font-family: Calibri; color: #000000; background-color: transparent; font-weight: 400; font-style: normal; font-variant: normal; text-decoration: none; vertical-align: baseline; white-space: pre-wrap;">Allows to circulate freely and without restrictions in the &lsquo;Schengen area&rsquo;</span></li> <li dir="ltr" style="line-height: 1.295; text-align: justify;"><span style="font-size: 11pt; font-family: Calibri; color: #000000; background-color: transparent; font-weight: 400; font-style: normal; font-variant: normal; text-decoration: none; vertical-align: baseline; white-space: pre-wrap;">A new type of permanent residence permit, which can be requested at the end of the visa</span></li> <li dir="ltr" style="line-height: 1.295; text-align: justify;"><span style="font-size: 11pt; font-family: Calibri; color: #000000; background-color: transparent; font-weight: 400; font-style: normal; font-variant: normal; text-decoration: none; vertical-align: baseline; white-space: pre-wrap;">Does not entail a minimum period of residence in Portugal of 183 days for its renovation (the beneficiary can keep his tax address out of the country)</span></li> <li dir="ltr" style="line-height: 1.295; text-align: justify;"><span style="font-size: 11pt; font-family: Calibri; color: #000000; background-color: transparent; font-weight: 400; font-style: normal; font-variant: normal; text-decoration: none; vertical-align: baseline; white-space: pre-wrap;">The holder may request the family regrouping</span></li> </ul> <p dir="ltr" style="line-height: 1.295; margin-top: 0pt; margin-bottom: 8pt; text-align: justify;">&nbsp;</p> <p dir="ltr" style="line-height: 1.295; margin-top: 0pt; margin-bottom: 8pt; text-align: justify;">&nbsp;</p> <p dir="ltr" style="line-height: 1.295; margin-top: 0pt; margin-bottom: 8pt; text-align: justify;">&nbsp;</p> <p dir="ltr" style="line-height: 1.295; margin-top: 0pt; margin-bottom: 8pt; text-align: justify;">&nbsp;</p> <p dir="ltr" style="line-height: 1.295; margin-top: 0pt; margin-bottom: 8pt; text-align: justify;">&nbsp;</p> <p dir="ltr" style="line-height: 1.295; margin-top: 0pt; margin-bottom: 8pt; text-align: justify;">&nbsp;</p> <p dir="ltr" style="line-height: 1.295; margin-top: 0pt; margin-bottom: 8pt; text-align: justify;">&nbsp;</p> <p dir="ltr" style="line-height: 1.295; margin-top: 0pt; margin-bottom: 8pt; text-align: justify;">&nbsp;</p> <p dir="ltr" style="line-height: 1.295; margin-top: 0pt; margin-bottom: 8pt; text-align: justify;">&nbsp;</p> <p dir="ltr" style="line-height: 1.295; margin-top: 0pt; margin-bottom: 8pt; text-align: justify;">&nbsp;</p> <p dir="ltr" style="line-height: 1.295; margin-top: 0pt; margin-bottom: 8pt; text-align: justify;">&nbsp;</p> <p dir="ltr" style="line-height: 1.295; margin-top: 0pt; margin-bottom: 8pt; text-align: justify;">&nbsp;</p> <p dir="ltr" style="line-height: 1.295; margin-top: 0pt; margin-bottom: 8pt; text-align: justify;">&nbsp;</p> <p dir="ltr" style="line-height: 1.295; margin-top: 0pt; margin-bottom: 8pt; text-align: justify;">&nbsp;</p> <p dir="ltr" style="line-height: 1.295; margin-top: 0pt; margin-bottom: 8pt; text-align: justify;">&nbsp;</p> <p dir="ltr" style="line-height: 1.295; margin-top: 0pt; margin-bottom: 8pt; text-align: justify;">&nbsp;</p> <p><span style="font-size: 11pt; font-family: Calibri; color: #000000; background-color: transparent; font-weight: 400; font-variant: normal; text-decoration: none; vertical-align: baseline; white-space: pre-wrap;"><span id="docs-internal-guid-59c271b2-7fff-bee7-8622-dcb9ebcf3e7b"><span style="font-size: 10pt; background-color: transparent; font-variant-numeric: normal; font-variant-east-asian: normal; vertical-align: baseline;"><sup>1</sup> The Algarve was elected several time the Europe&rsquo;s leading Beach Destination by the World Travel Awards.</span></span></span></p> <p><span style="font-size: 10pt; font-family: Calibri; color: #000000; background-color: transparent; font-weight: 400; font-variant: normal; text-decoration: none; vertical-align: baseline; white-space: pre-wrap;"><sup>2</sup> English Proficiency Index EF EPI (2017), &ldquo;EF English Proficiency Index &ndash; Third Edition&rdquo;. Webpage consulted on the 19</span><span style="font-size: 6pt; font-family: Calibri; color: #000000; background-color: transparent; font-weight: 400; font-variant: normal; text-decoration: none; vertical-align: super; white-space: pre-wrap;">th</span><span style="font-size: 10pt; font-family: Calibri; color: #000000; background-color: transparent; font-weight: 400; font-variant: normal; text-decoration: none; vertical-align: baseline; white-space: pre-wrap;"> of September 2018, &lt;</span><a style="text-decoration: none;" href="http://www.ef.edu.pt/epi/"><span style="font-size: 10pt; font-family: Calibri; color: #0563c1; background-color: transparent; font-weight: 400; font-variant: normal; text-decoration: underline; text-decoration-skip-ink: none; vertical-align: baseline; white-space: pre-wrap;">http://www.ef.edu.pt/epi/</span></a><span style="font-size: 10pt; font-family: Calibri; color: #000000; background-color: transparent; font-weight: 400; font-variant: normal; text-decoration: none; vertical-align: baseline; white-space: pre-wrap;">&gt;.</span></p> <p><span style="font-size: 10pt; font-family: Calibri; color: #000000; background-color: transparent; font-weight: 400; font-variant: normal; text-decoration: none; vertical-align: baseline; white-space: pre-wrap;"><span style="font-variant-numeric: normal; font-variant-east-asian: normal; text-align: justify; background-color: transparent; font-size: 11pt; vertical-align: baseline;"><sup>3 </sup></span></span><span style="background-color: transparent; font-size: 10pt; font-family: Calibri; font-variant-numeric: normal; font-variant-east-asian: normal; vertical-align: baseline; white-space: pre-wrap;">Institute for Economics &amp; Peace (2018), </span><span style="background-color: transparent; font-size: 10pt; font-family: Calibri; font-variant-numeric: normal; font-variant-east-asian: normal; vertical-align: baseline; white-space: pre-wrap;">Global Peace Index 2018</span><span style="background-color: transparent; font-size: 10pt; font-family: Calibri; font-variant-numeric: normal; font-variant-east-asian: normal; vertical-align: baseline; white-space: pre-wrap;">, &lt;</span><a style="text-decoration-line: none;" href="http://visionofhumanity.org/app/uploads/2018/06/Global-Peace-Index-2018-2.pdf"><span style="font-size: 10pt; font-family: Calibri; color: #0563c1; background-color: transparent; font-variant-numeric: normal; font-variant-east-asian: normal; text-decoration-line: underline; text-decoration-skip-ink: none; vertical-align: baseline; white-space: pre-wrap;">http://visionofhumanity.org/app/uploads/2018/06/Global-Peace-Index-2018-2.pdf</span></a><span style="background-color: transparent; font-size: 10pt; font-family: Calibri; font-variant-numeric: normal; font-variant-east-asian: normal; vertical-align: baseline; white-space: pre-wrap;">&gt;</span></p> <p><sup><span style="text-align: justify;">4&nbsp;</span></sup><span style="text-decoration-line: underline; font-size: 10pt; font-family: Calibri; color: #0563c1; background-color: transparent; font-variant-numeric: normal; font-variant-east-asian: normal; text-decoration-skip-ink: none; vertical-align: baseline; white-space: pre-wrap;"><a style="text-decoration-line: none;" href="https://www.marsh.com/content/marsh/political-risk-map-d3/prm-2018.html">https://www.marsh.com/content/marsh/political-risk-map-d3/prm-2018.html#</a></span></p> <p><span style="background-color: transparent; font-size: 10pt; font-family: Calibri; font-variant-numeric: normal; font-variant-east-asian: normal; vertical-align: baseline; white-space: pre-wrap;">&nbsp;</span></p> <p dir="ltr" style="line-height: 1.295; margin-top: 0pt; margin-bottom: 8pt; text-align: justify;">&nbsp;</p> <p dir="ltr" style="line-height: 1.295; margin-top: 0pt; margin-bottom: 8pt; text-align: justify;">&nbsp;</p>
  • What makes the Algarve to be the dream destination

  • Loulé - a Market to Remember

    <p>&nbsp;</p> <p>Loul&eacute; Municipal Market is housed in an iconic building dating from 1908,&nbsp;easily identifiable thanks to its Neo-Arabic style and its impressive crimson&nbsp;domes. Given its location and powerful architectural image, the market&nbsp;is considered the highlight of the city, making for an exceptional meeting&nbsp;place, marked by memories of past events and stories. We recommend&nbsp;a visit on Saturday morning, allowing you to witness firsthand an alluring&nbsp;palette of colours, aromas and flavours in a truly authentic atmosphere.&nbsp;This could easily become your favourite market.</p> <p>Celebrate the freshness of&nbsp;the finest fruit and vegetables. Marvel at our traditions, our customs and&nbsp;the finest regional produce.</p>
  • the market of Loulé is considered the highlight of the city, making for an exceptional meeting place

  • Meet our favorite airline pilot, Mr. Stuart Stringer

    <h2>&nbsp;</h2> <h2 style="text-align: center;">A respected commercial airline pilot, who has travelled the world, yet chose the Algarve as his home. We find out why, as we speak to Mr Stuart Stringer</h2> <p>&nbsp;</p> <p><em><strong>YLP: Tell us a little about yourself. Where were you born?&nbsp;Where have you lived?</strong></em></p> <p><strong>STUART:</strong>&nbsp;I was born in Scotland, just outside Aberdeen, with a Scottish mother and an English father. We lived in Scotland initially, but eventually moved to just outside London, where I finished my schooling.&nbsp;I enjoyed my childhood; I was lucky to have good friends and spent my school holidays on the farm in Scotland with my Grandfather and cousins.&nbsp;Since leaving home I have lived in Germany, the UK, the USA, Abu Dhabi, Holland and finally Portugal.</p> <p>&nbsp;</p> <p><strong><em>YLP: Did you always know that you wanted to be a pilot? Can you remember any funny episodes? Have you had any close calls?</em></strong></p> <p><strong>STUART:</strong>&nbsp;Flying was the last occupation I was thinking about when I left school. It had been decided from way back that I would train as a quantity surveyor and then join the construction company that a couple of my uncles had in Scotland. So, at 18, I went to college in London to start my course.&nbsp;My heart wasn&rsquo;t in it and after a year I knew that I wouldn&rsquo;t be able do this for the rest of my life. So, much to the disappointment of my parents, I dropped out and enjoyed life in 60s London. All good things have to come to an end, though, and it was time to get a job. I cannot remember why, but I applied to the Royal Air Force and the Royal Navy. The RAF got back to me first and that is how I started my flying career.<br />Flying on frontline squadrons, by virtue of what you are doing, is somewhat dangerous, but the excitement is worth it and the vast majority of us have survived it, though I did have a mid-air collision over Germany when on my first squadron as a very young Pilot Officer. Actually, it was on the day of my promotion to Flying Officer, which, but for the luck of the gods, could have been very short. I ended up parachuting into the small Dutch town of Posterholt and landed in the middle of the main road, luckily it was not busy and I still remember clearly this old lady coming out of her house with a chair for me to sit on while she went back and poured me a glass of wine. It tasted so good. Sitting there in the sun, with a drink and cigarette, I thought - life is good!<br />She had probably done this before in 1944.</p> <p>&nbsp;</p> <p><strong><em>YLP: When you are flying as a passenger what&rsquo;s the thing that&nbsp;annoys you most?</em></strong></p> <p><strong>STUART:</strong>&nbsp;Generally not much annoys me, as most of my flights these&nbsp;days only last for a few hours, but if I have to think of one thing, it would&nbsp;be the constant communication by the flight attendants of a certain&nbsp;low-cost airline and their &ldquo;On-Time Arrival Gong&rdquo;, but it&rsquo;s a small price&nbsp;to pay for generally a good service.</p> <p>&nbsp;</p> <p><em><strong>YLP: Is it true that a pilot and co-pilot cannot have the same meal?</strong></em></p> <p><strong>STUART:</strong>&nbsp;Yes, and it&rsquo;s easy to see why, as some forms of food poisoning&nbsp;can leave you totally incapacitated.&nbsp;About 20 years ago I was flying back to Abu Dhabi and luckily it was only&nbsp;about 30 minutes to go when the other pilot started to feel bad. Within&nbsp;10 minutes he was almost unconscious and unable to perform any duties.&nbsp;He was taken to hospital on arrival and spent the next week there.</p> <p>&nbsp;</p> <p><em><strong>YLP: As a pilot you must have seen many wonderful destinations.&nbsp;Which have really left their mark on you?</strong></em></p> <p><strong>STUART:</strong>&nbsp;I have visited and lived in many wonderful destinations and also a&nbsp;few not-so-wonderful, so it&rsquo;s very difficult to single out specific places. But&nbsp;if I have to, the first would be Australia, which I have always enjoyed visiting,&nbsp;and then it would be Malaysia, where, at one time, I had considered retiring.</p> <p>&nbsp;</p> <p><em><strong>YLP: When did you first discover Portugal? And what was your first&nbsp;impression of the country?</strong></em></p> <p><strong>STUART:</strong>&nbsp;I first visited Portugal in 1974. At that time there was a revolution&nbsp;in place; I didn&rsquo;t stay long.&nbsp;I returned for a holiday in the late 80s and enjoyed the Algarve so much&nbsp;I left having bought a house, which I still live in to this day. So you could say I had a good first impression.</p> <p>&nbsp;</p> <p><strong><em>YLP: Why did you choose the Algarve to live permanently?</em></strong></p> <p><strong>STUART:</strong>&nbsp;I have always felt very comfortable here. The people, climate,&nbsp;social life, the Atlantic coastline, proximity to friends and relatives, and&nbsp;already having a home here, made the decision very easy.&nbsp;Also very important, my wife Marie-Jose loves living here.</p> <p>&nbsp;</p> <p><strong><em>YLP: How would you describe the Algarve to someone who&nbsp;doesn&rsquo;t know it?</em></strong></p> <p><strong>STUART:</strong>&nbsp;Paradise!</p> <p>&nbsp;&nbsp;&nbsp;</p> <p>&nbsp;</p> <p>&nbsp;</p>
  • A respected commercial airline pilot, who has travelled the world, yet chose the Algarve as his home. We find out why, as we speak to Mr Stuart Stringer.

  • Sagres

    <p>A meeting point for routes between the Mediterranean and the Atlantic, Sagres boasts a mystical and wild beauty. Its dramatic cliffs, dropping down into the azure Atlantic waters, its historical importance during the Era of the Discoveries, and its legacy as a place of worship since Neolithic times, ensure its value of epic proportions.<br />Situated at the most south-westerly point of the Old Continent, far from everywhere else, Sagres has kept intact its traditions, customs and dozens of kilometres of almost deserted beaches. An idyllic setting for practising a wealth of sports, and in particular trekking, fishing, diving, sailing, windsurfing, kite-surfing, bird watching and&hellip; SURFING.</p> <p>Indeed, Sagres, surfing capital par excellence and host to various championships and festivals, is considered one of the best surfing spots in Europe, by professionals and amateurs alike. It is, in fact, the only region in Portugal with two coasts &ndash; south and west. The first, made up of coves and bays, producing relatively gentle waves, ideal for beginners. The west coast, for more experienced surfers, features long beaches, braced against the full force of the Atlantic, and backed by high cliffs. As such, the waves here can reach five metres. The many and recognised surf schools within the town, the army of sun-bleached, long-haired, bronzed bodies wandering the themed bars, the surprising number of VW campervans, loaded with boards, and the festive and musical atmosphere, bring constant colour to this untamed and stunning landscape.</p> <p>This land, whose people still seem so connected to the sea, is also home to the finest shellfish, and in particular the unusual goose barnacle. These unsightly looking, yet incredibly delicious crustaceans can fetch up to &euro;50/Kg. And no wonder. Gathering this barnacle is a lengthy and extremely dangerous activity, done only by the most experienced of gatherers. In fact, goose barnacles grow on slippery rocks, incessantly battered by crashing waves. In amongst these rugged rocks, attached to a single rope, these &lsquo;sea warrior&rsquo; gatherers climb down the cliffs, moving to and fro with the waves. It is thanks to them alone that we can enjoy this delicacy, which is nothing less than a kiss from the sea.</p>
  • A meeting point for routes between the Mediterranean and the Atlantic

  • Festival MED Loulé

    <p>Get ready for the 15th edition of the MED Festival. This cultural festival has earned a name for itself throughout the country and far beyond.</p> <p>The streets of the city's historical centre are closed off from the 28th of June to the 1st of July and invaded by an exciting blend of music, poetry, photography, plastic arts, <span>street entertainment,&nbsp;</span>design and gastronomy from the four corners of the planet.</p> <p>As we have come to expect from previous years, there will be an exciting line-up of great artists from around the globe (Angola, Cape Verde, UK, Spain, Malta, Brazil, etc...). Check out some of the 57 concerts you will be able to assist:</p> <p>&nbsp;</p> <p><img style="display: block; margin-left: auto; margin-right: auto;" title="Linup-Festival-med-2018.jpg" src="http://bo.yourluxuryproperty.com//ContentFiles/83/Linup-Festival-med_20180612.jpg" alt="Linup-Festival-med-2018.jpg" width="700" height="699" /></p> <p>&nbsp;For more info:&nbsp;http://www.festivalmed.pt/en/</p> <p>&nbsp;</p> <p>&nbsp;</p> <p>&nbsp;</p>
  • A unique festival in Portugal

  • Flor de Sal, from the Algarve with love.

    <p>Because we are proud of the Algarve and we love to share the best things it has to give us, today we will talk about "Flor de Sal".</p> <p>They say it's the cream of the salt. "Flor de Sal", translating eloquently to "salt flower", is made up of crystals of exceptional whiteness, which form on the surface of the seawater collected in saltpans, producing a fine crust of salt. Consumed throughout the ages by <em>marnotos</em> (salt workers), who refer to it as "curds", as it rises to the surface of the water in the same manner as cream in milk, flor de sal is one of the Algarve's finest natural treasures. To find out more about this <em>white gold</em>, we paid a visit to Necton, in the Ria Formosa Nature Park, in Olh&atilde;o.</p> <p>&nbsp;<img style="display: block; margin-left: auto; margin-right: auto;" title="Flordesal.jpg" src="http://bo.yourluxuryproperty.com//ContentFiles/84/Flordesal_20180620.jpg" alt="Flordesal.jpg" width="450" height="300" /></p> <p>&nbsp;</p> <p>The company works in two different business areas - the Traditional Sea Salt unit, with its product range comprising the Marnoto and Belamandil brands, and the Microalgae unit, involved in aquaculture, cosmetics and research. In&aacute;cio Valle, one of Necton's managers, introduced us to the harvesting processes behind traditional sea salt and flor de sal, based on ancient methods.</p> <p>The lagoon water is collected in a reservoir and then fed down to the evaporating pans, where it flows in zigzags through a system of beds, before reaching the crystallisation pans. Every day, as the fine crystal crust of flor de sal forms, it is carefully strained off, by hand. Traditional sea salt differs in many ways to industrially produced salt. Did you know, for example, that more than 80 minerals are lost during the industrial process of the latter? In contrast, traditional salt is 100% natural, retains alkl the beneficial properties of the sea and nutritional components, and is free of any chemical additives or washing processes. As a consequence, it is better equipped to accentuate the flavour in foods, activating the taste buds. Additionally, the saltpans provide a platform for the wildlife of this area of great biological and ecological value.</p> <p>If you would like to spend a different day out, with the kids, learning more about this seawater in crystal form, contact Necton (www.necton.pt | +351 289703961) to organise a visit to the saltpans. With a little luck, until the end of summer, you might be able to watch the marnotos in full swing.</p> <p>&nbsp;</p> <p>&nbsp;</p>
  • The tears of the lagoon dry in the sun & salt comes into being