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Portugal’s digital nomad bubble

politico.eu

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Re: Portugal’s digital nomad bubble

#111

Post by ankushb »

AYBABTME wrote: post #41
user_named wrote: post #31

Earlier quoted context omitted.

Expats complain about bureaucracy everywhere. A German expat in Sweden will complain about Swedish bureaucracy. A Swedish expat in Germany will complain about German bureaucracy. It does not mean anything. Expats complain about everything.

Agreed. Expats don't remember the bureaucracy they had to deal with in their own countries, because they did it: - over the years - step by step - with the help of their parents or simply their parents took care of most things when they were young/born/growing up. Then they arrive in a new country and realize what it's like to administratively become a functional resident. You probably got your first bank account in…

Clearly you haven't been to the efficient country like Singapore, Switzerland.

Re: Portugal’s digital nomad bubble

#112

Post by agos »

sho wrote: post #65
alzamos wrote: post #16

Currently living in the Algarve after moving to Lisbon with my partner for her studies years ago. I know a few non-crypto entrepreneurs who came here for the NHR (non habitual resident scheme - the scheme mentioned in the article which allowed for the 20% tax cap on foreign income). I can confirm that a lot of them were incredibly frustrated with the bureaucracy they encountered, not just when dealing with the govern…

> those that didn’t pay hefty fees to set up companies in tax havens I suppose it depends on your definition of "hefty" but a couple of thousand USD is usually sufficient, depending on jurisdiction, and obviously is expected to pay for itself many (, many, many) times over. It's not that hard and it's not just for the 1%. Especially if you're anything approaching a "digital nomad" I can't think of any reason why you…

I can think as ethic concerns about tax elusion as a (big) reason why one wouldn't establish an offshore entity

Re: Portugal’s digital nomad bubble

#113

Post by nibbleshifter »

garbagecoder wrote: post #98
spookie wrote: post #19

Earlier quoted context omitted.

It's impossible to pay rent in Lisbon while earning median salary as one person (855€ average rent for 1 bedroom apartment vs 1200€ median salary). At this point, there's no reason for anyone new to go live there.

I love how this HN thread immediately turned against tourists and ignored the impact of the cryptobros.

There are a lot of tourists, and a comparatively tiny number of "crypto bros".

When it comes to shit like Airbnb, etc, in cities such as Lisbon, the "crypto bros" are less than a fraction of a percent.

Re: Portugal’s digital nomad bubble

#114

Post by 2-718-281-828 »

nachomg wrote: post #108
hknmtt wrote: post #81

Earlier quoted context omitted.

When i was was apartment hunting in barcelona 7+ years ago and failed straight for weeks to get a single reply on idealista, and went to the real estate agencies and found they had siestas, still, in barcelona, i quit the country. good to visit, not to live. ps: when i wanted a bank account, the people there acted like they didn't spoke english, until it was clear they won't give me an account, then suddenly english…

No, they don't have "siestas". In Spain usually all retail closes from 2pm to 5pm. I wouldn't expect to go to a UK venue and have a normal dining timetables (for me as Spaniard), because I understand things work different there.

mr nacho trying to justify a Spanish tradition. fair enough. but I'm still bold enough to complain about it. it's super annoying when restaurants close from 2 to 5. also I doubt anybody from the foot soldiers actually takes a siesta. it's most likely just basically a variation on unpaid work or being on call unpaid. so, nobody benefits of it except the owners who just optimize the schedule for their purposes.

Re: Portugal’s digital nomad bubble

#118

Post by ls15 »

sofixa wrote: post #106
ls15 wrote: post #86

Earlier quoted context omitted.

What's wrong with complaining about sprawling bureaucracy? I can only see downsides and no upsides. Don't you want it to be eliminated? I think people are not yet complaining enough.

Unless you can complain with actionable complaints (It'd be great if i could fill this form on a website instead of on paper and mailing/faxing it), it literally serves no purpose.

Actionable advice: eliminate this step in the buraucracy that does not serve a purpose. When can I expect implementation of my idea?

Re: Portugal’s digital nomad bubble

#119

Post by pjmlp »

alvah wrote: post #69
pjmlp wrote: post #66

Earlier quoted context omitted.

It used to be common, but then many cities got fed up of it, and now many municipalities have local laws to take ownership for the city if the owners behave this way.

-can't get permission to build due to massive amounts of red and green tape -the only economically sensible option is to let the building fall into disrepair bad enough that the government lets you demolish -governments close this "loophole" by seizing your property and the problem is "the owners behave this way"? FMD.

Well, the owners still have a couple of strikes before the city hall decides to fully take action.

Re: Portugal’s digital nomad bubble

#120

Post by scarmig »

agos wrote: post #112
sho wrote: post #65

Earlier quoted context omitted.

> those that didn’t pay hefty fees to set up companies in tax havens I suppose it depends on your definition of "hefty" but a couple of thousand USD is usually sufficient, depending on jurisdiction, and obviously is expected to pay for itself many (, many, many) times over. It's not that hard and it's not just for the 1%. Especially if you're anything approaching a "digital nomad" I can't think of any reason why you…

I can think as ethic concerns about tax elusion as a (big) reason why one wouldn't establish an offshore entity

If you're living offshore and paying taxes to the place you live, there's no particularly good justification (except might makes right) for the US to force you to pay taxes. AFAIK it's the only country, both now and in history, to claim taxation rights over its citizens perpetually no matter where they are.
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