Get involved with Lenz and local.foundation: https://local.foundation/

In this episode of the Algarve Addicts Podcasts, mentor and community builder Lenz Gschwendtner shares his journey from Germany to New Zealand and finally to the Algarve, where he has become a key figure in building community and startup ecosystems.

Together, we discuss the importance of intentional community building, the challenges of entrepreneurship in Portugal, and the role of local.foundation in connecting various community efforts. Lenz emphasizes the need for inclusivity in the startup scene and the potential for impactful collaborations between locals and newcomers. He also offers practical advice for those looking to relocate to Portugal, highlighting the importance of finding and investing in community.

Takeaways

The Algarve offers a unique environment for startups and digital nomads.

Community events are essential for fostering connections and collaboration.

Local.Foundation aims to map and enhance the startup ecosystem in the Algarve.

Inclusivity is key in building a thriving entrepreneurial community.

Impact Hackers brings diverse individuals together for social good.

Discoverability of events is a challenge that needs addressing.

Entrepreneurship in Portugal faces bureaucratic hurdles but is possible.

Newcomers should actively seek out and invest in local communities.

Chapters

00:00 The Cap and Its Significance

02:21 Journey to the Algarve

05:28 Building Community in the Algarve

09:46 Local.Foundation: Ecosystem Building

12:39 Impact Hackers: Bridging Communities

17:00 Harnessing Local Expertise

20:51 Discoverability and Community Events

24:37 The Startup Landscape in the Algarve

30:54 Challenges of Entrepreneurship in Portugal

34:51 Advice for Newcomers to Portugal

➣CONTACT US for relocation assistance

Get on a free discovery call and we can outline how we can work with you.

https://www.algarveaddicts.com/contact

Check out my Instagram on https://www.instagram.com/algarveaddicts - I enjoy a little bit of Insta!

#portugal #expat #portugalliving #localimpact #algarveentrepeneurship #algarvestartups #algarveliving

In this episode, Nick and Nick delve into the complexities of the housing crisis in Portugal, examining the roles of foreign buyers, local sellers, and government policies. It discusses the perceptions of immigration and its impact on the housing market, while also addressing the political landscape and future immigration policies.

The takeaway? We need a nuanced understanding of these issues - all of them are interconnected, none of them are an island.

Chapters

00:00 Understanding the Housing Crisis in Portugal

04:24 The Role of Immigration in Housing Prices

12:11 Political Landscape and Immigration Perceptions

16:35 Economic Factors Influencing Housing Market2

0:08 Future of Immigration Policies in Portugal

➣ CONTACT US for relocation assistanceGet on a free discovery call and we can outline how we can work with you.https://www.algarveaddicts.com/contactCheck out my Instagram on https://www.instagram.com/algarveaddicts - I enjoy a little bit of Insta!#portugal #expat #portugalliving #bankaccountportugal #visaportugal #movingtoportugal #portugalexpat

Get to know Barbara’s work: https://barbaragrassey.com/ Follow her Substack: https://barbaragrassey.substack.com/p/welcome-to-my-expat-golden-girl-lifeIn this episode of the Algarve Addicts Podcast, Barbara Grassey shares her journey of relocating from the United States to Portugal, detailing her experiences with cultural adjustments, language barriers, and the importance of community. She reflects on her initial motivations for moving, the challenges she faced in adapting to a new environment, and the joy of finding a sense of belonging in Santa Luzia. Barbara also provides insights into the expat community, healthcare, and the importance of doing thorough research before moving. Additionally, she discusses her writing career, including her upcoming book and her experiences as a ghostwriter and book coach.➣CONTACT USFor a free discovery call and we can outline how we can work with you.https://www.algarveaddicts.com/contactCheck out my Instagram on https://www.instagram.com/algarveaddicts , I enjoy a little bit of Insta!#algarve #algarveportugal #portugal #expat #expatlife

In this episode of the Algarve Addicts video podcast, Nick Robinson sits down with Claire and Hadrien, the dynamic duo behind the innovative Pomar Coliving space in the Algarve. Together, they share their inspiring journey of creating a vibrant co-living community that caters to the needs of remote workers.

Their story underscores the value of community and local integration, providing a glimpse into the changing landscape of the Algarve, particularly in the town of Olhão.

Chapters

00:00 Introduction to Claire and Hadrien

02:16 The Journey to Co-Living in the Algarve

06:17 Roots and Authenticity in the Algarve

09:15 Challenges of Moving to Portugal

14:24 Understanding Co-Living and Community

21:34 Growth and Community Engagement in Co-Living

25:17 The Transformation of Olhão

➣ CONTACT US for relocation assistance

Get on a free discovery call and we can outline how we can work with you.https://www.algarveaddicts.com/contact

#colivingalgarve #portugaldigitalnomads #algarveentrepreneurship

Join Nick Smith and Tiago from BankInter as they dive into the world of banking in Portugal. Tiago, with over 15 years of experience, shares his insights on the ease of setting up bank accounts and the advantages of traditional banks.

From personal to company accounts, discover how straightforward banking can be with the right guidance. Learn about the challenges, solutions, and why traditional banks might be the safer choice for your financial needs in Portugal.

Contact Tiago and start your journey to Portugal today:Tiago FigueiredoDiretor de Conta Negócios • European Investment PractitionerT +351 289 359 426 • M +351 910 056 722tiago.figueiredo@bankinter.com

Chapters

00:00 Introduction

00:38 Tiago and BankInter’s Introduction

02:02 Banks as allies to your business and daily life

04:38 Opening a bank account for the Visa process

06:42 What do you need to open a bank account?

10:00 Contingencies

11:07 Is Power of Attorney enough to open a bank account?

12:50 Flagged countries and restrictions

15:52 Closing an account

16:57 Types of accounts and fees

19:11 Neobanks vs. Traditional Banks

19:33 How to contact Tiago

➣CONTACT US for relocation assistance

Get on a free discovery call and we can outline how we can work with you.

https://www.algarveaddicts.com/contact

#portugal #expat #portugalliving #bankaccountportugal #visaportugal #movingtoportugal #portugalexpat

Join Nick Smith as he sits down with Alejandro, a seasoned mortgage broker, to unravel the intricacies of securing a mortgage in Portugal. Alejandro shares his wealth of experience, offering valuable insights into why using a broker can be more advantageous than going directly to a bank.

The conversation delves into the unique challenges non-residents face, the essential documentation required, and the exciting possibilities of financing land and construction projects.

With a touch of humor and plenty of practical advice, this episode is a must-listen for anyone considering a move to Portugal.

Chapters

00:00 Introduction

00:48 Alejandro's introduction and company overview

01:30 Why a Broker over a Bank?

04:42 Specificities for self-employed professionals and business owners

05:28 How many banks are there in Portugal (and how to choose the best)?

06:26 The process for foreign people: paperwork needed

10:59 Pre-approved mortgage amount

16:07 Duration of the process

17:52 The valuation of the property

20:40 Risk assessment

24:18 After the approval

26:09 Spread and mixed rates

28:41 Representation in opening the bank account

32:13 The next steps: possible scenarios

41:57 Conclusion

➣ CONTACT US for relocation assistance

Get on a free discovery call and we can outline how we can work with you.

https://www.algarveaddicts.com/contact

Nick Robinson and Nick Smith delve into the essentials of insurance and mortgages in Portugal with special guest Alejandro, a mortgage and insurance broker. Alejandro provides insights into the Portuguese insurance market, highlighting the importance of having a NIF number and the process of obtaining various insurance policies. The discussion covers different types of insurance, including home and pet insurance, and emphasizes their significance for visa purposes and relocation.

Chapters

00:00 Introduction and Background

01:01 Alejandro's Introduction and Company Overview

02:11 Understanding the Insurance Market in Portugal

05:27 Activation and Claims Process in Insurance

08:07 Travel Insurance Essentials for Visa Requirements

11:29 Health Insurance: A Necessity for Expats

18:37 Navigating Car Insurance in Portugal

23:16 Navigating Car Insurance Claims

28:50 Understanding Car Insurance Coverage and Policies

30:46 Home Insurance Essentials

34:39 Life Insurance Insights

37:19 Pet Insurance Overview

39:11 Unique Insurance Experiences

41:02 Conclusion

➣CONTACT US for relocation assistance

Get on a free discovery call and we can outline how we can work with you.

https://www.algarveaddicts.com/contact

Check out https://algarveevolution.pt/ Summary António Guerreiro, from Algarve Evolution, discusses the transformation and growth of the Algarve region in Portugal. He shares insights into life in Faro and the Algarve, the changes brought about by tourism, and the diverse culinary scene in the region. António also talks about his experiences working in the USA and London, as well as starting Eating Algarve Food Tours. He explains the mission of Algarve Evolution to nurture the ecosystem for startups and entrepreneurs, and the challenges they face in changing the mentality and attracting private investment. António emphasizes the importance of collaboration and community engagement in shaping a brighter future for the Algarve. Takeaways The Algarve region in Portugal has undergone significant transformation and growth, attracting tourists and international students. Faro, the capital of the Algarve, offers a vibrant cultural scene and a diverse culinary experience. Algarve Evolution aims to nurture the ecosystem for startups and entrepreneurs, focusing on changing the mentality and attracting private investment. Initiatives such as education programs, community events, and collaboration with schools and universities are key to changing the mindset and fostering innovation in the region. Chapters 00:00 Introduction and Background 01:40 Life in Faro and the Algarve 03:12 Faro's Transformation and Tourism 04:09 Changes in Faro and the University of the Algarve 05:30 Recommended Bars and Restaurants in Faro 08:19 Working in the USA and London 11:13 Starting Eating Algarve Food Tours 14:18 The Birth of Algarve Evolution 15:37 Defining Algarve Evolution 17:01 Challenges and Goals of Algarve Evolution 18:25 Changing the Mentality in the Algarve 19:44 Initiatives to Change the Mentality 20:23 Engaging with Schools and Universities 23:05 Attracting Private Investment to the Algarve 25:16 Algarve Tech Hub and Talent Attraction 27:45 Collaboration with Government and Bureaucracy 29:38 Engaging with the Local Community 33:09 The Importance of Growing the Algarve