Buying, Selling & Renting Property On Madeira – Information Sheet

A Lay-Mans Guide To Buying Property On Madeira

There are numerous sources for finding property for sale, newspapers, websites, and estate agents being the most common. Those not advertised, but for sale, often display a sign "VENDE-SE".

Having found the house you want to buy, take the attitude that property prices are always negotiable, even if you don’t speak the same language as ..................read more

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Tax & Taxation On Madeira – Information Sheet

Tax Liability

If you live on Madeira either all of the time or most of the time, you automatically become resident for tax purposes for your Portuguese and worldwide income, regardless of whether you have a permit to work or reside on the island. Tax status is not a matter of choice, its a matter of fact, and if you fail in your obligations you will be fined as a minimum.

You may be deemed to be ..................read more

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Obtaining Residency On Madeira – Information Sheet

If you (and your partner, if applicable) are citizens within a European country, without any nationality complications, you normally have the right to live, work and retire on Madeira if you comply with the laws and processes which govern this region of Portugal. However, you should check your circumstances with the Portuguese Consulate or Embassy in your country before planning a long term move ..................read more

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Health & Medical Care On Madeira – Information Sheet

Qualifying For Free Health Care Under The Portuguese Health Service.

If you are resident on Madeira, you are entitled to make use of the health service and enjoy the same benefits & standards of health care as a portuguese citizen with doctors & health centres. However, in order to obtain residency it has been necessary in the past to demonstrate that you already have medical protection ..................read more

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Schools & Education On Madeira – Information Sheet

Overview

The school education system on Madeira falls under the remit of the Portuguese education system, although there are some important differences outside of the curriculum itself.

The school year commences late September for most students, and runs across 3 terms, with breaks at Christmas and Easter, and then for almost 3 months during the summer. There are no half term breaks in Madeira schools. ..................read more

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Banks, Finance, & Currency On Madeira – Information Sheet

Banks, Banking & Finance

Madeira is well blessed with banking organisations, with at least 7 banks well represented on the island. Outside of Funchal, which hosts the Bank Of Portugal and other international banking institutions, much smaller towns on Madeira will have branches of some if not most of these banks. Hence the customer is king and can pick and choose who they do business with for ..................read more

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Driving A Car On Madeira – Information Sheet

Important Things To Remember If Driving On Madeira 

Please read the disclaimer at the bottom of this page.

1. If you are a tourist or visiting Madeira, you may hire a car. You cannot own and drive, or borrow a car, unless your licence has been registered with the driving authorities. Nearly all of the car rental agencies are based in Funchal, and some also have booths at Madeira Airport. Most international ..................read more

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