Dec21 East Algarve Magazine

MAGAZINE © OLHÃO · SÃO BRÁS · TAVIRA · ALCOUTIM · CASTRO MARIM · VILA REAL DE SANTO ANTÓNIO ISSUE NO. 150 DECEMBER 2021

Multi-award winning luxury estate agents in over 300 locations worldwide We may have just sold your neighbour’s proper ty With offices covering the whole Algarve, headquarters on Park Lane in London and over 300 offices worldwide, Fine & Country is a leading name in luxury real estate. Our marketing is second to none, ensuring that your proper ty is showcased to qualified buyers in the international and local markets. Our marketing report shows that: • Over the last 12 months we have handled direct enquiries from more than 2,000 new buyers • We received these enquiries from buyers in over 40 different countries • Our 10 strongest markets are currently the UK, Portugal, Germany, France,The Netherlands, USA, Switzerland, Ireland, Belgium and Sweden. Fastest growing market this At the end of September 2021, year is Germany with an our year-on-year growth in increase of 81%. enquiries was more than 40% Visit mypropertyvalue.pt and find out how much your property may be worth. If you are currently working with another agent, are you sure that they are working for you? One of our local offices will be pleased to show you how our truly global exposure can get your property sold. Central & West Algarve (Praia do Carvoeiro) +351 282 354 140 | Central Algarve & Golden Triangle (Almancil) +351 289 396 096 | East Algarve (Tavira) +351 281 023 263 AMI 9767 algarve.fineandcountry.com | International head office Park Lane London | UK telephone 0207 3180631 | 121 Park Lane, Mayfair, London W1K 7AG, United Kingdom



EastAlgarveM A G A Z I N E Welcome... PUBLISHER & ... to your December issue. This month we are very DESIGNER excited to bring you an interview with my favourite Superhero; Spiderman. You can imagine my Richard Bassett surprise when while delivering last months issue in Olhão, he should stroll accross the road infront of EDITOR us. A quick search on Facebook revealed that he's Richard Bassett often seen around the town and after a message or two, a meeting was set up. It's safe to say, this CO-FOUNDER months cover is one of my favourites... Spiderman Richard Bassett Snr. sat on a bench, in Olhão... love it! Continuing the excitement, we also visited 'Casa ADVERTISING do Natal', a shop that is literally just for Christmas, Call 961 700 200 or email with anything and everything you could wish for to [email protected] make your home ready for the season's festivities. All this plus our usual news, finance and health DISTRIBUTION news. As ever, we welcome your comments, please 3,500 copies printed. email us on [email protected] All advertisers are issued copies for distribution, Richard Bassett, Editor along with retail outlets. COVER PHOTO Richard Bassett All rights reserved. Except for normal review purposes, no part of this magazine may be reproduced without the written permission of the publisher. Every care has been taken in the preparation of this magazine, but the contents are only meant as a guide to readers. The proprietors of this magazine are publishers not agents or sub agents of those who advertise therein. The publisher cannot be held liable for any loss suffered as a result of information gained from this publication Unipessoal Lda INDIAN TASTE THE DIFFERENCE! FARMER CABANAS Home grown spices imported from India gives a unique flavour producing the best Indian cuisine in the East Algarve! 4 www.eastalgarvemag.com

Contents 16 6 NEWS 10 Local News. 8 44 ART 8 FOOD & DRINK Artist of the Month. Tchin-Cheese. 46 PEOPLE 10 CHRISTMAS Meet Paul Nicholson. Casa do Natal. 48 FINANCE 16 PEOPLE Finance news from Meeting Spiderman. Ricardo Chaves. 24 PROPERTY 50 FINANCE Another year like no other. News from PCC. 26 PROPERTY 54 HEALTH Property of the Month. Winter Wellness. 30 PHOTOGRAPHY 55 HEALTH Photo of the Month. Skin tag removal. 32 TAVIRA 56 GARDENS Find our advertisers on 8 Houseplants the lower the map of Tavira. humidity in your home. 34 PEOPLE 5 Ovens in the Sun. 38 SPORT Walking Football. 39 PLACES Dave's Bar. 42 BAD ADVICE Ask the Expat. www.eastalgarvemag.com

News Portugal’s senior residences shortage Portugal is estimated to need an additional 55,000 beds in Domitys and Clece; working alongside to contend with competition from residences for the elderly to meet Portuguese companies such as UHub, a foreign retirees who in general have the growing demand from the senior Amera and BF. larger pensions. According to CBRE, market. Ageing population the increase in foreigners living in According to the 'Building a healthier Currently Portugal has the third highest Portugal will tend to be reflected in an and more thriving future' study, released proportion of elderly in Europe and by increase in the offer of higher quality by CBRE, more than 20 projects are 2050 it is expected to have the highest senior residences with a greater offer of either under construction or in the level.The rise in retirees is compounded equipment and services. licensing phase for residences for the by the fact that while Portugal has one of In Portugal, the provision of elderly in the national market, but this the highest life expectancies in Europe, accommodation for the senior will not be enough to fulfil the demand. it also has some of the lowest levels of population is part of the Residential In less than 30 years, more than a third healthy seniors. Structures for Elderly People (ERPI) of the population residing in Portugal The high price of senior homes in and is complemented by the National will be seniors, which is equivalent to a Portugal has been one of the obstacles Network of Integrated Continued total of 3.3 million people (an additional to the growth in supply, states CBRE. Care (RNCCI) and by some houses for 1 million compared to the current 2.3 Prices in private homes vary considerably independent elderly people. million).To respond to this demographic depending on the resident's degree of There are currently around 100,500 beds evolution, an additional 55,000 beds will dependency, necessary medical care in ERPI, of which only 23 percent belong be needed in senior homes, making this and additional services (such as leisure to private for-profit entities. According an attractive opportunity for potential activities, hairdressing, etc.). The average to the World Health Organization, the investors. base price in a professionally managed supply of beds in homes for seniors CBRE believes that the private sector private residence is, based on the survey, should correspond to 5 percent of the will need to respond to the demand approximately €1,200, which represents elderly population. This means that while highlighting that several foreign a very high cost compared to the average Portugal currently has a deficit of 4,500 operators are already in existence in the value of pensions, which is €5,811 a year beds and by 2050, at least 55,000 will country including Orpea, Domus Vi, or €484.25 per month in Portugal. need to be created. Portuguese pensioners also have Seahorses released to halt population decline On 16 November, a group of 60 negative effects that may still exist in the Source: theportugalnews.com seahorses (most of them born in estuary\", stressed Jorge Palma, noting that captivity) were released into the the objective is that the animals stay in the Ria Formosa. sanctuary. This is part of a repopulation project The seahorses were transported by boat called ‘Seahorse’ and is being carried out in two tanks to a protected area, about in the place where just 20 years ago was half a mile off the coast, where sailing the largest seahorse community in the is prohibited. They were then carefully world. placed in small cages to be taken into the In 2000, the community of these fish in water by divers. the Ria Formosa, Algarve, was considered The team of divers took the cages to the the largest in the world, but in 20 years bottom, at a depth of about four meters, \"there has been a reduction of 96 percent to then release the animals next to the in numbers\", Jorge Palma, a researcher at artificial reefs that will become their the Center for Marine Sciences (CCMAR) habitat. at the University of the Algarve (UAlg) told According to Jorge Palma, these fish are reporters. “completely different from all the others” The animals were released in one of the and also “poor swimmers”, which makes two sanctuary areas recently created in the them “very vulnerable”, as they “have to estuary, between Faro and Olhão where be always attached to something”. artificial structures have been placed to Although most of the animals released recreate their natural habitat so that they were only between seven months and can settle there. a year old, they are already adults and Most of these seahorses were born in the during their short life in captivity their tanks of the Ramalhete Marine Station, in ability to survive in the wild has been Faro, but their parents are specimens that preserved, he added. lived in the wild and were taken there in “What we gave them in captivity is not order to breed, thus contributing to the feed, but their natural prey that they conservation of the species. have to hunt in tanks, so when they are The project, \"only makes sense because released, they will maintain this ability the introduction is made in a protected to survive in the natural environment”, area, otherwise they would be exposed to noted the researcher. 6 www.eastalgarvemag.com

www.eastalgarvemag.com Reservations: 00351 281 027 113 7

Food & Drink The diamond of haute cuisine - chocolaty, nutty, earthy. A great selection of To avoid dissapointment perfectly matched French Pre-ordering your truffles and truffled brie is advised. wines & Cheeses; Saint Nectaire, Cantal and Camembert Fermier Tchin-Cheese Raise your glass to a year past and a year to come with a large selection A gift worth sharing creamy raw milk cheese, vintage organic cheddar paired with organic wines 8 www.eastalgarvemag.com

Culture A selection of the finest Champagne, olive oil, biscuits, compote and Le Mothais sur Feuille at Christmas of gorgeous wines and cheeses from Tchin-Cheese,Tavira Open Tuesday to Saturday from 10:30am to 7:00pm. 24th and 31st December from 10:30am to 4:00pm. Rua Liberdade, 24, Tavira Tel: 00351 915 474 033 Email: [email protected] www.eastalgarvemag.com Delectable Red and white Port with organic Roquefort 9

Christmas ChEspreicisatllymforas Casa Caravela's Christmas shop in Vila Real de Santo António is your one stop shop to deck your halls and bring the Christmas spirit home C hristmas comes but once a the time was the only store of its kind. Gordo, Tavira, Faro, Vilamoura, Lisbon and year... as does this wonderful Casa Caravela is a family run business, two in Lagos (one a Casa do Natal). Coming shop, brought to you by started fifty five years ago and has been run next year will be their latest shop in Loulé. You Casa Caravela. Each year, on by three generations of family. can also buy their products online at the first Saturday in October, For the rest of the year Casa Caravela sell www.casacaravela.pt this enchanting store opens kitchenware and home decor. Currently the its doors and stays open until the first week of company employs 30 people and have a total You can find Casa do Natal in the centre of January. Full of everything Christmas, the first of twelve stores; five in VRSA including a VRSA on Rua Candido dos Reis, No.73. ever 'Casa do Natal' opened in 2008 and at warehouse dedicated to Hotels, one in Monte Email: [email protected] 10 www.eastalgarvemag.com

Places www.eastalgarvemag.com 11

Places ENJOY YOUR TIME ALL YEAR TOURS ENJOY VILA REAL DE SANTO ANTONIO PORTUGAL Event Planning ★ Weddings ★ Catering ★ Anniversaries ★ Fado Shows ★ Dinner & live music ★ Wine tasting... Just let us know when, and we'll take care of everything! Mobile / Whatsapp 00351 963634078 ​E m a i l i n f o . a l l y e a r t o u r s @ g m a i l . c o m 20 years of Cookin´style! Visit us! KITCHEN DESIGN AND INSTALLATION E.N. 125 Nº 136A, Luz de Tavira 8800, Telf: +351 281 962 583 Email: [email protected] WWW.COZMODA.PT 12 www.eastalgarvemag.com

THEN OLHÃO FOUND US... ... and we weren't even looking! Hank and Corina's story of how they came to live in and love Olhão Welcome to our monthly column celebrating VIP Real Estate Olhão. After exploring Portugal top to bottom from Braga to Tavira enjoying so many coastal We really did not and inland locations in our RV, we decided Olhão was the place to buy our home to plan on buying our apartment here. The celebrate our “golden years”. Honestly, we goal last January almost lost that chance. Both Carina and I received news in our 50’s 9th stepping off the that “The Big C” had arrived. After doctors and treatments and a year plane was to spend of fear and gratefully recovery, we both decided waiting “till next year” a month not freezing to do the traveling we always talked about was no longer our plan! in the dark. Our one So we cut short our careers in both California and Sweden, and for the month rental here in last decade, we’ve traveled every winter, backpacking to Asia, South Marina Village offered and Central America and Europe, staying a month in each country and, a location we knew usually, spending less than at home! We knew we liked good food would allow us to walk and warm winters and hoped we could settle where our families could to most places. That enjoy being with us. was enough to keep Olhão was not on our radar at first. In fact, the discovery of Eastern us happy. With the Algarve was a pleasant surprise with the scale of development so Mercado offering fresh much less than fish. meat and veggies close by together with three large markets all areas to the just a level stroll away, bells started going off. The esplanade along the west. A chance Ria Formosa with views of the marina promised to be special although winter rental in early 2021, improvements were still under construction. introduced us to We couldn’t help but to peer into the various real estate window displays Olhao, a place wondering if our new home might be looking back at us. After only five we quickly found days of exploring Olhão on foot, we entered the office at VIP Properties, attractive for located on the many reasons. street facing “Walkability” the esplanade is, above all, a just in front of main highlight the Mercado. and each month Carol and I will introduce Carlos greeted you to places us and we only steps away simply said, from our front “Here is our door. We hope budget. Can you will enjoy our you find us column! something?” El Torito That they One thing we miss about living in California is Mexican food. We’ve did. Within tried places in other countries, but almost always we are disappointed. an hour, we El Torito faces the Ria Formosa esplanade just west of the Olhão visited what Mercado and on our first visit, I knew we would be back. Sometimes would be our new ground floor apartment all of 42 steps from the Ria it is the little details that indicate a place is doing things right. Both the Formosa waterfront. After seeing the view out onto the water from the salsa and guacamole are first rate and the chips are made in house. living room, we were hooked. Visiting the rooftop pool with an even During the covid lockdowns last winter, take out was mostly the better lookout to the beautiful tidal flats sealed the deal. only option. El Torito kept us happy with Buying property in a foreign country is not for the fainthearted. great prices on their to go menu. I mostly Portugal is famous for rolling out the favored the vegetarian combo and Carina red tape with plenty of administrative ordered her usual, chicken quesadillas. hoops to jump through. At every step This fall with our family visiting, we along the way beginning with offering together went whole hog and ordered an innovative negotiation strategy that almost everything on the menu. That met our budget, VIP kept us moving included dessert (all made in-house!), and forward. Carol probably was never boy I was impressed with an indulgence asked so many questions and Carlos I never usually allow myself. (With all the went above and beyond securing our great restaurants here in Olhão, that is power and water accounts without happening a lot!). In the space of that six us having to lift a finger. Now we are, day visit, our folks chose El Torito again finally, home! for their last “dinner out” night before We choose to focus on businesses here in Olhao where we have actually been customers first. returning to Sweden. That should tell you Any future advertising from these businesses that supports Eastern Algarve Magazine is purely something! coincidental :-) www.eastalgarvemag.com 13

HAVE YOU THOUGHT ABOUT YOUR FUTURE HERE IN THE ALGARVE? Is it time we addressed the ageing elephant in the room? Consider your options for the future, in time you may not be as independant as you are now Perhaps we try not to think about it too much, or maybe you have The most drastic option would be a care BBQ area, only available to them and their a home somewhere you plan to home facility. Currently in the Algarve we guests. return to, should the time come only have one international (English speaking) On the premises would also be a Restaurant, when you or your partner need care home, which is fully occupied at the Croquet lawn and Padel tennis courts, which moment, and with a waiting list. Apart from would all be open to the general public. Most a little extra care or a helping hand. But let's buying a property on the complex (also very importantly we will have medical facilities face it, the time will come, and we will all have limited availability), full care would be the only available. This will include a doctor's surgery to deal with it eventually. option, but again, there are no current places and nurses at hand 24 hours a day. So what are your options? Of course going available, and if there was, it comes at a hefty So how would you benefit by renting one 'home' is one of them, but where do you price, especially if you don't require the full of our suites? consider home now? How would you feel speciality care on offer. Well, all of the concerns mentioned before returning to a place you haven't lived for A much cheaper option would be a Portuguese are taken care of. Should you or your partner years, leaving your friends, lifestyle and the facility. Although ideal for native speakers, require help, even for a short period of time, wonderful climate you probably moved here many of us struggle with the language. How you simply stay at your suite for as long as you for in the first place. What would the place would we feel surrounded by people speaking need to. Help will be there should you need it, you left years ago be like for you now, at this Portuguese 24/7? I'm not so sure that would at the press of a button. If you decided one of age and stage in your life? After all, the world work for me. you needed care on a more permanent basis, and you have seen drastic changes over the So what are we left with? A care home back you have the option to move into your suite. last few years alone. Of course many of us home? Well, if you're from the UK, I can assure This would even allow you to release equity have family who would love to take care of us, you (from experience) this is a very expensive on any property you may have, should you but is that really an option today? Do we want option, and with laws changing on a regular wish to. to become a burden to our children? They basis, what will our rights be in the future? Is Where's the catch? have their busy lives to get on with and do selling our homes and assets to pay for care a Honestly, there isn't one. You will have no they really have time or space to take care of sensible option? I'm not so sure. long term contract, you may vacate your suite granny and grandad? Up to now, it appears our options are limited. after giving a short notice period. There will An alternative is homecare. Perfect if you Here's where we think we have a solution. be a nominal fee for upkeep of the property know when you'll need assistance and are Our idea is to offer a place that has care and of course utility bills. The monthly cost able to plan ahead for help. This, however, facilities available should you need it... for a suite is the same as you can currently can become expensive, should you need care whatever level of care, whenever you require rent an apartment for in a typical town in the more often. The other concern is, would the it. The idea is to rent a suite on a monthly East Algarve. limited number of companies offering this basis. This suite will be yours and yours only, Where's the location? type of service have enough staff to look after and available for you to use, as and when We are located only 15km from Tavira, Fuzeta you when that time comes? Maybe this is a you wish, even as full time accommodation. and Olhão. risk people are willing to take, however, now Facilities available include an outdoor pool, If you would like further information, or would is the time to ask ourselves, is it a viable, safe, indoor pool, gym, sauna and turkish bath. like to visit the complex please email us on reliable option? Residents will have a private restaurant and [email protected] 14 www.eastalgarvemag.com

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People What childhood dreams are made of! All questions prepared, with our phones ready to take notes, we set off and were ready to meet a legend and Superhero at our scheduled appointment in Olhão. We arrived, Spidey was surrounded by an audience, we joined and promptly forgot about all our preparations. Awe struck at meeting our childhood hero, we retained the most essential points. So who is the man behind the mask? Well now, that would be telling... in true superhero style, his identity would not be revealed. All we know is that Spidey is 23 years old and has lived in Olhão for only a year. His superheroism started just for fun with friends, as he had a spiderman outfit. He decided to go for a wander around the streets in costume and before he knew it, his super powers became apparent; the ability to make everyone's life and day a little brighter. Asked what his favourite part of being Spiderman was, he revealed \"All of it! If there is a downside, it's that during winter it can get a little chilly. Even spiders feel the cold.\" Spidey can be booked for events like birthday parties, meet and greets and openings, but only when he is free and not visiting schools encouraging children to remember anything is possible, even meeting your superhero. For us, this was a memorable day, we walked away feeling like we could spread happiness, because \"Spidey said so.\" Contact Spiderman through Facebook: 'Spider-man of Olhão' 16 www.eastalgarvemag.com

www.eastalgarvemag.com 17 Main photos Gonçalo Fernandes

Tel: 00351 281 326 197 or 00351 920 039 424 TELMAR&M Restaurante by Rua Dr. Jose Padinha, No126A, 8800-354, Tavira EXPERTS IN SEAFOOD AND OCTOPUS Facebook: DAWAT INDIAN RESTAURANT EAT INSIDE, ON THE RIVERSIDE Open Midday to 3.30 then 6.30 until 10.00pm. TERRACE OR TAKE-AWAY Tel 281 328 028 Avenida Duarte Pacheco, Santa Luzia E-mail: [email protected] Tel.: +351 281 32 37 30 Facebook: www.facebook.com/pontodeencontro.tavira Instagram: https://www.instagram.com/pontodeencontro.tavira Address: Praça Dr. António Padinha 39, 8800-637 Tavira (Bishop’s Square) 18 www.eastalgarvemag.com

GNóosdteo Praça Doutor Open all year round, António Padinha, Closed Tuesdays 11 8800-637 Tavira, Portugal See Facebook for opening times. Facebook: Nó de Gosto Tel: +351 931 380 343 Email: [email protected] Website: www.nodegosto.com Located on Barril Beach, open for lunch all year round. Whatsapp: +351 964 530 135 Email: [email protected] Facebook: Museu Do Atum Barril Instagram: museu_do_atum_restaurante www.eastalgarvemag.com 19

CASAS DO SOTAVENTO VILA LROEJAA LVILDAERSEAALNDTEOSAANNTTOÓANNITOÓNOIOFFICE C asas do Sotavento real estate arose in 2000 The professional staff guarantee a rigorous from the passion of Artur Cardoso, a real estate management and mediation of contracts and of the entrepreneur with extensive experience in various processes of purchase and sale and intend to deliver a international brands, to create a family run real estate personalised and above all, familiar and safe service to company specialising in the Eastern Algarve. their clients. Through an exponential growth, the company is The Vila Real De Santo António and Monte Gordo currently spread all over Portugal, having offices in team consists of two coordinators Vera Rufino and Vila Real de Santo António, Monte Gordo, Castro Mara Paz, a commercial director Artur Cardoso and Marim, Tavira, Olhão and Lisbon. Always with the four salesmen Gonçalo Cardoso, Nuno Pires, Sandra objective of not only offering a property, but a Luís and Rodrigo Cavalcanti trustworthy service that promotes the client's well- It is thanks to all these elements that it is possible to being. provide consultancy to all our clients. We also make Something that created great prominence in the use of modern and computerised means to manage company Casas do Sotavento was its strength in the business. technological development, being present in about 220 national and foreign portals and personal pages. We grow with our clients! As well as in digital marketing tools, legal support, multimedia, professional photographers and drone \"Crescemos com os nosso videos. clientes!\" WWW.CASASDOSOTAVENTO.PT @_casasdosotavento_ @casadosotavento @casadosotavento 2108 www.eastalgarvemag.com

CHECK OUT OUR NEW LISTING! Vila Real de Santo António Vila Real de Santo António Apartamento T2 A Apartamento T2+2 C 240 000 € 235 000 € 22 1 23 Conceição de Cabanas, Tavira Quelfes, Olhão Apartamento T2 A Moradia T4 E 4 225 000 € 640 000 € 22 1 51 Azinhal, Castro Marim Vila Real De Santo António Golden Visa 280 000 E A Moradia T3+2 230 000 € Apartamento T2 170 000 € 54 1 21 WWW.CASASDOSOTAVENTO.PT @_casasdosotavento_ @casadosotavento @casadosotavento www.eastalgarvemag.com 21

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YOUR LOCAL EXPERTS IN HOMES FRONTLINE 1 BED APARTMENT - €355,000 CHARMING 3 BED APARTMEMT - €295,000 Located at the beach of Altura the apartment comes Beautiful 3 bedroom off-plan apartment for with private parking in the complex and communal sale in Caminhos de Santiago in Tavira. This pool. The large terrace offers you incredible sea spacious apartment comes with a private views. It’s all about the location and views garage. Set to be completed within 18 months 2 BED REFURBISHED APT. - €218,000 LARGE 4 BED VILLA WITH POOL - €950,000 Situated in the centre of Tavira is this recently This luxurious 4 bed villa is located in the hills fully refurbished apartment. Spacious indoors very close to Monte Rei Golf & Country Club. with a large terrace, you have plenty of Built in 2010 it features a spacious layout with choices to create your own dream home large indoor and outdoor living spaces TRY OUR SEARCH&MATCH SERVICE Rua 1º de Maio, 32, 8800-360 Tavira Tel: +351 96 25 66 421 · E-mail: [email protected] www.portugal-property-villas-sales.com

Property It’s that time of the year again when we reflect on the past year and Another provide an outlook for the property year like no market in the year ahead, 2022. It’s been a remarkable time which has other seen property prices rise again. We are now almost two years into the pandemic Robert Bijker looks back on another extraordinary with a new wave, the 4th taking place with an year, and forward to what 2022 may bring alarming increase of Covid-19 infections in various Northern European countries. A new PROPERTY MANAGEMENT HAPPY HOMES ALGARVE corona variant in South Africa is reason for caution as it spreads faster and is potentially ALGARVEAN COTTAGES V I LLAS A PA RT M E N T S TOWNHOUSES QU INTAS more dangerous. Lockdowns are again looking to be part of the solution to stop the spreading Happy Homes Algarve is currently looking for additional good quality of the virus which potentially can slow down rental Villas and Apartments to offer to our customers for next season. the economic recovery. However, the property If you have a property to let, please contact us for more details' market in Portugal never looked back and continued to rise, despite the pandemic, or Confused about the new rental law? better, because of the pandemic and the Contact us for specialist advice. unprecedented financial support and negative interest rates to deal with the deepest recession h a p p y h o m e s l da. Contact us today: 281 320 283 since World War II. In addition the Portuguese w ww.p o r t u g a l - a c c o m m o d a t i o n . c om government offered financial support and tax R ua Dr. Parreira 1 37 holidays for businesses and individuals alike next to Barclays Bank and banks put a moratorium in mortgage 880 0 - 3 46 T av i r a repayments for those who needed it. The extraordinary measures have led to REAL ESTATE LAND & HOUSES ALGARVE increasing debt to GDP levels, which in some southern European countries were already GOLF PROPERTIES VILLAS A PA RTMEN T S T O W N H OU SE S PLOTS very high and well above the 60% threshold agreed in the Maastricht treaty 28 years ago. LHV - 1062 Countries with low debt levels are financially in a better position to support their economy Covering the whole of the Algarve as independant real estate agents, we can provide you with unbiased advice when you from the Covid-19 fall out (Portugal 137.2%, decide to purchase a property and can introduce you to a wide choice of reputable mortgage banks, architects, lawyers, builders, Italy 160%, France 118%, Germany 71.1%, charteredsurveyors andinterior designers. We have been in business for over 16 years, finding the right property for countless satisfied Holland 54.9%, Greece 209.3%, and Belgium clients. We currently have over 900 properties available online and would be very pleased to help you find your ideal home. 118.6%). Due to pressure from France, even Germany is changing their stance on the If you are the owner of a good quality Contact us today: 281 320 281 60% rule as low interest rates can sustain the property and wish to sell, please contact www.l an d an d h ouses a lga r ve. com servicing of higher debt levels. Is 100% the us to arr ange an appoin tment new 60%? High debt levels of countries are also seen as the reason why interest rates have TAVI RA VI L A MOURA limited room to move up in the future, as many countries would not be able to service their Rua J osé Pi r es Padi nha 1 78 N1 25, B enf ar r as, B ol i quei me debt at higher price levels. 8800 - 354 Tav i ra 810 0 - 068 B ol i quei me As global economies are recovering from the great recession, central banks are slowly 24 reducing their accommodative monetary policies, with the USA taking the lead as inflation rates are high and the call for action is increasing. Initially, central banks welcomed inflation as it was moving to their preferred 2% level, then dismissed inflation as a temporary issue which would come down in 2022, then it was said it was transitory and now it seems that inflationary pressures are more persistent than initially expected and far from transitory. There is concern for the dreaded wage-price spiral in which temporary inflation becomes sustained when automatically linking wage increases to actual inflation. The ECB position is that indexing is part of the problem, not the solution. However, its own staff through their trade union IPSO is calling for higher wages to protect employees’ purchasing power against higher prices for goods and services. Eventually interest rates will have to go up which makes the cost of borrowing more expensive for businesses and homeowners with a mortgage. Higher interest rates are not expected to have a significant effect on the market unless they rise drastically. www.eastalgarvemag.com

In 2022 we expect property prices to continue already in Q2 of 2021. There is a shortage of low for a very, very long time. their upward trajectory due to strong demand employees just like in other countries where they If the increase in Covid infections is putting you and a shortage of supply. In addition, prices of talk about the great resignation….where have off from buying a property then you would also building materials are likely to rise, especially all the workers gone to? They may have chosen not have bought in early 2019 at the start of the steel and cement, adding upward pressure to early retirement or a different career path including pandemic and would not have benefited from prices of newly built properties. When it comes moving abroad, or are simply preferring to stay at a rising market. Of course prices also can go to carbon dioxide pollution, both industries are home as a result of Covid angst. down in the future for various reasons, e.g. an amongst the biggest polluters. The transition to a Just like in other European countries, there is a economic recession, imbalance in supply and more environmentally friendly production process shortage of affordable housing for starters to buy demand etc. However, in the long run, prices go will take years and large investments, which is or to rent. Decades of under investment in this up due to rising wages, higher cost of materials, likely to lead to price increases. The CEO of Tata segment of the market cannot easily be undone. product innovation and general inflation. Steel, a major steel producer, sees the average The economic stimulus may have kept people in Should you decide to make the Algarve your price of steel at a much higher level in the coming their job, but it also widened the division between home, you will find that the local Portuguese 10 years (Average above §600 per metric tonne) the haves and the have nots as easy money has people are friendly and welcoming. The Algarve than in the past 10 years (average $400 – 450 per inflated financial assets, including real estate. The is truly a melting pot of locals and foreigners metric tonne). With little new supply, it is a demand ECB has warned about the increased exuberance from all nationalities and cultural backgrounds. driven market. After January 2022, investors will in property markets which may prove vulnerable It’s also a place with lots of sunshine and good no longer be able to apply for a golden visa when and susceptible to a correction in case interest food, but I guess you already knew that! purchasing real estate in the Algarve. From now rates rise sharply due to higher than expected If you are the owner of a good quality property on, the new rules will only allow low density inflation. Nevertheless investors will continue and wish to sell, please contact us. We are keen residential areas. In addition to the Algarve this seeking alternative investment opportunities such to offer your property to our prospective buyers. also includes Lisbon and Porto. As supply was as real estate due to negative interest rates on already tight we do not expect this to have an saving accounts. Expect the search for yield Robert Bijker Director impact on property prices. During lockdowns to continue in 2022. Due to rising inflation the Land & Houses Algarve – Yellow Homes people had time to reflect on the way they live world's leading economies will have the lowest and their careers. Some came to the conclusion real interest rates in as many as 50 years. There www.landandhousesalgarve.com that they wanted a better quality of life with is a correlation between real rates (nominal www.landandhousesalgarve.de more outdoor space or decided to follow their rates minus inflation) and financial assets. When Tavira Office dream to live abroad. We expect this trend to real rates decline, the value of assets go up. Rua Dr. José Pires Padinha 178 continue on in the New Year. Real rates are currently negative. When using As the economic recovery in Europe continues, consensus inflation forecast for 2022, real rates 8800 - 354 Tavira, Tel: 281 320 281 unemployment levels have fallen to pre- are approx. minus 2.7% in Germany, 3.2% in Fax: 281 321 901 (AMI – 6232) pandemic levels in September. Portugal the UK and 3.3% in the USA. In other words, Vilamoura Office exceeded its pre-pandemic employment the cost of borrowing money has not been this EN 125, Benfarras Boliqueime 8100 - 068 Boliqueime Tel: 289 301294 Fax: 289 301439 REAL TIME. REAL KITCHEN... MADE FOR YOU. www.eastalgarvemag.com www.desiespaco.com 25

24 and the year is wnwow.teaostavlgearrveymeagt.c.o..m

Russell & Decoz results in 2021. Message of the month Always believing that we can do better, the Russell & Decoz team defines new Thank you! strategies to overcome in difficult times. We are very happy with yet another wscawallewl:s.+@r+u3r3su55ss11esel29ll-8ld1-9de1ec77co9o6z2z5.c.c7o1o8m0m50 successful year and we would like to extend our thanks to everyone who collaborated with us, who sold with us and those who purchased with us. Special thanks to our almost 12000 fans in Facebook and all the others in Instagram, Youtube and Pinterest. Do you have a house for sale? Contact us and learn about our sales strategies. Licença AMI:870 www.eastalgarvemag.com @russelldecoz 25

Property MAIN OFFICE – (Waterfront) Ava Ria Formosa, Centro Comercial Solicitor Loja 2, 8800-591 Cabanas de Tavira specialising in: TEL: 281-370277 Mobile: 91 7212498 OFFICE – E.N.125, Cevadeiras, Real Estate 8900-024 Vila Nova de Cacela Property Conveyancing TEL: 281-951165 Mobile: 91 2177055 EMAIL [email protected] Family law LICENÇA No 504-AMI WEBSITE www.estealgarve.net Power of Attorney 3 BED. VILLA W/ S. POOL AND GARAGE English, French and Spanish - NEIGH. ALTURA - Situated in a peaceful speaking location, just 1,5 kms from beach and all amenities. In a plot w/1.350m2. Wooden house Telephone: +351 281 321 794 w/ sauna and studio, under floor heating. Sea Mobile: +351 963 096 407 view. ENERGY CLASS - C € 619.500 Email: [email protected] Tr. Das cunhas n.º 35 8800-372 Tavira ADVERTISE YOUR BUSINESS WITH US! If you have a business and are reading this, then so are thousands of our readers. For 6 months advertising we offer a FREE editorial story about you and your business. Call 925 208 833 or email [email protected] for details. A reliable real estate agent simplifies your life! FASTIGHETSBYRÅN TAVIRA +351 281 322 762 Rua Jacques Pessoa, nº 26, 8800-350 Tavira FASTIGHETSBYRAN.COM 28 www.eastalgarvemag.com

Compass Property Sales www.compasspropertysales.com Rua de Santo Estevão 25A [email protected] Tavira. AMI 17591 Call us +351 281 323 876 ¤550,000 ARGUABLY THE BEST 4 BEDROOM PENTHOUSE CURRENTLY AVAILABLE FOR SALE IN THE EAST ALGARVE PROPERTY MARKET Luxurious Tavira penthouse with sea and mountain views offering 4 large double bedrooms within a huge 203 m2 of modern and beautifully presented living space, a private balcony of 15m2 with BBQ & an additional 123 m2 roof terrace accessed directly from inside the penthouse. Viewings highly recommended. • Property size : 203 m2 • Balcony : 15m2 • Roof terrace : 123 m2 • 4 bedrooms • 3 bathroom • Walking distance to town centre • Basement parking (2 x cars) • Elevator • Double glazed windows • Security shutters • Full air-conditioning • Jacuzzi • Barbeque • Huge rental potential • Energy rating: B- • Ref: A-ALA Casa Anibal R/C loja B, Estrada da Manta Company AMI 7673 Rota 8900-038 Vila Nova de Cacela Office: Tel/Fax 281 952 820 Mobile: 00351 911 041 862 SALES: www.algarvemantaproperties.com RENTALS: www.algarvemanta.pt EMAIL: [email protected] www.eastalgarvemag.com 29

PHOTOGRAPH OF THE MONTH Each month we say how difficult it is to choose the photo of the month, we hope you take a look at the rest of the submissions.This month the dramatic sky takes the honours, in this stunning photo by Gerard. As usual submitted to the Facebook page: ‘Algarve Amateur Photography group’ 30 www.eastalgarvemag.com

Lovely 1 bedroom apartment Urb. Lagar - Cabanas Top floor, Terraces with good orientation Garage, Sold furnished! 145.000€ Photographer: Gerard J. Hageman Lovely townhouse From: Tavira Santa Luzia centre Camera used: Iphone-11 Walking distance to all facilities Comment: While cycling to a restaurant via the big bridge over the Rio Gilão (Avenida D Manuel Um, near the 3 bedrooms market), I was stunned by the view over Tavira and the Roof terrace and patios contrasting ominous clouds, combined with patches of blue and yellow. 280.000€ Tavira and the Algarve never cease to amaze me. ALGAR VILA, Lda www.eastalgarvemag.com Since 1986 (AMI 431) Travessa das Cunhas, nº 29, 8800-372 Tavira, Faro (+351) 281 324 115 Tlm. 00351 963 660 971 Email: [email protected] www.algarvila.com 31

32 R. de Sant’Anna 4 RESTAURANTS R.Borda d 1 Abstracto R.Joao Vaz corte Real Beco de Santana 9 1 3 R. Alm. Candido dos Reis 6 R. Alm. Candido dos Reis 2 DAWAT Indian Restaurant e Agua da Asseca R. Dr Antonio cabriana 15 3 Ponto de Encontro 1 4 Acqua e Sale Pizza restaurant Bus R. dos Pelames 4 R. Jacques R. PRo.eJtoaseEmJoilaiaqnuoimdaJaCraosta 5 Mar Azul Station Pessoa 6 Restaurant Franganario 3 R. Silva Domingues 7 Pausa tapas restaurant 8 Typical Tandoori restaurant R. Gonçalo Velho Roman Pingo 9 Nó de Gosto Bridge Doce REAL ESTATE Calçada de Donna Anna Traves 1 Land and Houses Calçada da Galeria 2 LWL sa da Fonte Praça da Republicac R. dos Cais R. Eduarda Lapa 3 Fastighetsbyrån lia Rodrigues 4 Proluna t R. Dr. Jose Pire2s Padinha 5 Algar Vila 6 Casas Sotavento 3 R. Ama 6 MaOrkldet 2 7 Engel & Völkers Tavira R. da Liberdade R. Monialvao R. Dom M2Tarrcae7vliensos67FaraDnrc.oParreira 5 R. Palmeira R. Dr. JosRe. DPrir. ePsarP5raedirianha Beach HEALTH & BEAUTY Castle Ferry 1 Rui Barros R. Dom Paio Peres Correia Carlos Palma 4 1 2 For your Brows only 3 3 Serenidade Estética e Saúde R. Dr. Augusto 2 R. Primeiro R. Silva Av. Dom Manual 1 SERVICES 1 A.F.M. Accountants 3 R. Dr Silvestre Falcão 4 2 de Maio 4dasdeSaliOnuatsubro R. Primeiro de Maio 2 Ibex Insurance Vila Gale 3 Rui Horta Lawyer To Tavira train 1 4 Maria Luisa Cabeçudo station and Lidl Hotel www.eastalgarvemag.com 1 Ruy Barros R. Solicitor 4 Acqua e Sale R. 5 Casa Serviço 6 Tavilar R. João 2 R. das Freiras PLACES TO VISIT Arias 1 Tavira d'artes 2 Oliveira 3 Tchin-cheese 4 Hitio Gym 5 Artina BARS & CAFES 1 Somewhere Else (Daves Bar) c Tavira Câmara t Tourist Information TAVIRA To the PSP Police station 5 Artina

AbstractoRestaurante Places Traditional Portuguese Cuisine ADVERTISE YOUR BUSINESS HERE FOR JUST €25 PER MONTH Rua Dr. Antonio Cabrera, 34 Specialized in Property Management and 8800-344, tavira Holiday Lettings in the Eastern Algarve. Tel 937 037 712 Our office is in Tavira, where we have been [email protected] based since 1989. Rua Almirante Cândido dos Reis, Gardens Square Roman Rio Bridge 142 8800-318 Tavira www.casaservico.com Gilao Office hours: Restaurante Monday to Friday – 09:00 until 13:00 Abstracto Land line: 00 351 281 321 764 Mobile: 00 351 96 26 19 022 Bishops CR Square PERSONAL Restaurant.Abstracto.Tavira TRAINER Stay fit with a personal trainer that comes to you or through online consultations! • Carla Richards • www.carlarichards.pt +351 926 671 132 SSSooommmDDD AAAeeeVVVwwwEEEhhh’’’ eeeSSSrrreeeBBB AAAEEERRRlllssseee www.eastalgarvemag.com 33

Oveinnthse Sun There's more to a clean oven than meets the eye! Meet Ollie and Christine from Ovens in the Sun and find out why their service not only saves you money, but is good for your health too! We meet Ollie and Christine and vegan friendly products. is removed by cleaning them all in a dip tank from Ovens in the Sun BENEFITS to steam clean using vegan friendly products. who moved to Tavira from ● A clean oven makes for a safer kitchen. If Where possible the knobs are removed to the UK to hear about their your oven is full of grease and food residue it allow full access to cleaning your oven. move to Portugal, and increases the risk of fire. Remove the back plate also how and why they started their business ● Neglected ovens harbour bacteria and ● This reveals the oven fan which is also Ovens in the Sun. germs making it unhygienic to cook in. removed and placed in the dip tank. \"When we moved here 3.5 years ago and had ● Save on electricity bills. An unclean oven Deep Clean The Oven 2 rentals in the centre of Tavira, the intention takes longer to heat. ● The oven is deep cleaned using Eco- was for them to provide the main source of ● Save valuable time and a professional oven friendly products, getting into those hard to income for us here. cleaner has the right tools to clean your oven. reach places and reassemble your oven ready Like so many, COVID 19 has had a negative ● A clean oven will help your food taste better to use. Giving you an oven to be proud of. impact on businesses and we began to search and will help your oven to cook more evenly. Most people choose a 6-12 month visit from for ways to help us survive. During the first ● The job everyone hates to do. Ovens in the Sun. lockdown we explored many avenues and THE PROCESS. Keeping our pets safe discovered no one in the Algarve provides Tools ● A clean oven also helps to keep our pets this beneficial cleaning service. We did further ● Ovens in the sun carry the tools required safe research and training, and found many expats to cover every situation including Thomas ● Pets are more vulnerable than people to from the UK and other countries have used (Thomas the dip tank). exposure to toxins that can arise from oven cleaning services prior to moving here. Protect the area cooking in a dirty oven Fortunately, even though the concept is ● Floors and the surrounding areas are ● Animals have faster metabolisms and relatively new, especially to many in our host covered to ensure your kitchen is kept clean. smaller lungs so have to work harder to country of Portugal, our service is catching Remove & Clean Oven Doors eliminate toxins on and we are making kitchens brighter, one ● Carefully remove the oven doors and ● Ovens in the Sun care about the welfare oven at a time\". dismantle ready to clean components of your pets and can clean your oven Ovens in the Sun is a registered business individually by hand. This helps us get rid of professionally using pet friendly products. operating in the Algarve for the last year. the build up of grease and smears between Ollie and Christine provide high quality the layers of glass. Seals are checked and Contact details: professional oven cleaning, hobs, ranges secured before reassembly. Tel: 00351 968 526 382 and microwaves within your home. They use Clean The Racks & Shelves or 0044 7896 868066 specialised equipment to clean your oven ● Racks, shelves and rack holders (located Email: [email protected] using a variety of non toxic chemicals, eco on the sides) are removed. Grime and grease Facebook: see 'Ovens in the Sun' 34 www.eastalgarvemag.com

People CUSTOMER FROM THIS TO THIS REVIEWS... FROM THIS TO THIS “If you want a new oven 35 without buying a new one contact Ovens in the sun” “Ovens in the sun did a remarkable job. Very thorough and when they left all I had was a sparkling oven, definitely 5 star service” “We inherited a disgusting double oven cooker and after a long day it looks like new. Fantastic job and no more cooking to keep it looking so good” www.eastalgarvemag.com

Car insurance Algarve roof & Looking for quality car insurance? property renovations • Multi-policy discounts • Legal and breakdown assistance From leaks to roofs and • Protected no claims bonus option available balconies, to complete 281 325 842 renewals. Guttering supplied and fitted, flat [email protected] roofs specialists and Rua 1 de Maio 26B r/c, 8800-360, Tavira complete property renovations insode or out; www.ibexinsure.com/tavira All maintenance work, painting, jetwash service Car Home Motorbike Travel Health Boat Business Pet Community etc. Call Jason Tel: 960 136 445 or 281 324 602 [email protected] ALGSAIMPLRY VE PROPERTY ISSUE NO. 1 APRIL 21 For ALL your motoring needs including: • Car Servicing • Tyres • Headlight refurbishment • Air conditioning • Wheel Alignment • Full Diagnostics • Batteries • Spares GALP PSneervuis TAVIRA Advertise properties with us, in a brand new independent property magazine ◄EN125 TO OLHAO GALP for the Algarve, at only €295 per month Contacts: • Distributed across the whole of the Algarve Tel; 289 721 772 / 915 590 084 directly to Villas, Rental cars and more. Email; [email protected] • Give potential buyers a walkthrough of your Website; www.servipneus.pt property over a two page spread, Facebook; Servipneus Call 961 700 200 or 36 email [email protected] www.eastalgarvemag.com

NEW CARS ∙ USED CARS ∙ SERVICING ∙ FINANCE OPTIONS AVAILABLE • +351 281 326 628 • +351 918 317 307 • Rua Avelino Dias Custódio Lote 2 8800-737 Tavira www.pereiraegago.pt PART OF THE PEREIRA & GAGO GROUP [email protected]•• +351 912 603 777 • Rua Borda Água Aguiar n.12/13 8800-318 Tavira • www.simplyrent.pt www.eastalgarvemag.com 37

PSepooprlte Sweet success after a long lay-off Walking football returns, by Chris Wright and Neil Morris After a long absence, tournament walking football returned to the met EAWF Olhão who overcame EAWF hours on the phone ensured that EAWF met all Algarve in October, and it was Moncarapacho 4-0 in the semi-final. After a their commitments despite injuries and aging East Algarve Walking Football goalless final, Kingsmaid held their nerve to win muscles! A tremendous tournament with all the the Trophy 3-2 on penalties and consign EAWF teams playing within the spirit of the game and (EAWF) who continued to Olhão to the runner-up spot. barely a bad tackle in sight. Some games were dominate the sport. The players may have been Just two days later the players girded their a bit brisk for the definition of walking football, two years older - sprightly Peter Walpole at 82 loins to do battle at the 2nd EuroCopa Walking but other games demonstrated good examples being the oldest participant - but their skill and Football Tournament in Albufeira organised of how walking football should be played - fast passion for the sport shone through. by Algarve Football Tours. Once again teams moving ball; slow moving players. The 6th Algarve Walking Football Cup at Browns from across Europe, together with a team from Last month FC Prostata from Denmark Sports & Leisure Centre, Vilamoura, involved South Africa, competed under a cloudless blue were joined by Voksenfodbold Halsnæs sixteen teams from across Europe including a Algarvean sky. In the 50+ section EAWF Tavira (Copenhagen) in making their third visit to strong delegation from the Netherlands. In the and EAWF Olhão reached the final, the first play walking football against EAWF and even Senior Section (60+) an unfancied EAWF Tavira time this had happened in EAWF tournament normal football against East Algarve FC. The team played out of their skins to reach the final history. To reach the final after the group stages visitors, who have all recovered from prostate where they played Cambuur Bruin (Leeuwarden, EAWF Tavira and EAWF Olhão had to overcome cancer, enjoyed the friendly challenge and lively Netherlands). With the teams level at the final strong opposition from Benfica and Seaton banter that has further cemented the bonds of whistle the dreaded penalty shoot-out saw Carew (Durham). The final saw Olhão take friendship between the two groups. Peter Dickinson bury - what proved to be - the the lead twice, only for Tavira to strike back Non-contact walking football for the Over 70s deciding spot-kick before Jan van der Bij saved and lead 3-2 with the clock ticking down. A now takes place on Friday mornings from 9.30 the Dutch team’s next penalty to secure an dramatic last-minute goal from Jesus Ruiz - his to 11.00am at the astro-turf pitch adjoining unlikely but highly prized tournament victory. hat trick - levelled the score at 3-3. EAWF Tavira the SC Olhanense Stadium. The new concept With a solid defence, creative midfield and front won the penalty shootout to lift the prestigious involves no tackling and players are required to man Roy Clark slotting home four goals this EuroCopa 50+ Cup. In a tough 60+ section give their opponents two metres space; more a was a team effort to be proud of, particularly as EAWF Tavira and EAWF Olhão faced strong game of movement and angles. Several players Tavira became the first EAWF 60+ team to win a opposition from 1874 Northwich (Cheshire), who had previously played walking football but tournament. In the 50+ section EAWF entered Bilbao (Spain), SC Farense and Seaton Carew fear they cannot afford to be on the receiving three teams (Olhão, Tavira and Moncarapacho) (Durham). The Durham side defeated SC end of bumps and knocks have found the who competed against Sporting Ramsgits Farense in the final. Whilst congratulating the new format beneficial. The group would also (Kent), Clitheroe (Lancashire), SC Farense and victorious teams it would be remiss not to welcome slightly younger players who may be Kingsmaid Club (Manchester). The Manchester mention the team managers and particularly recovering from injury or surgery. club cruised through to the final where they Jonathan Syed whose sterling efforts and long www.walkingfootballalgarve.com 38 www.eastalgarvemag.com

People SOMEWHERE ELSE, DAVE’S BAR… B Not just the name, but what a thrilling story this little hidden gem has asking in sunshine for almost 12 to remember...! months of the year is something The main date for your diary, and one not neighbouring bars can only to forget is Sunday, 19th December - Our dream of. Set on the north side of Christmas Party. An event not to miss, with the river and previously known as a buffet and mulled wine provided, in part to the Australia bar – this sun drenched terrace thank the loyal customers of the bar. Keep up serving snacks and a wide range of drinks - to date on our Facebook page, with further can be found on the approach to Bishop's dates to be confirmed for the Christmas quiz Square. night and our final leaving celebrations!  Boasting all sports from rugby to football, At the time of writing this, our thoughts go even on the odd day of no sunshine, you have out to everyone during this horrible pandemic a great reason to join us! which has affected everyone. Safety will  Dave's bar is currently co-managed by the always be our number one priority, but second ever reliable and absolutely AMAZING Edith to that, let us try to celebrate the remainder of and Di, as Dave and Leah returned to the 2021 in style! UK. The bar is still going strong with not only And finally, a big thank you to Dave and Leah music (sometimes dictated by Wayne!), but Barnes for all their efforts since September also a fun and friendly atmosphere to go with 2017. In tandem we wish the new owners, Rui the mojo. From Estrella on draft, Vinho Verde and Margarida, the very best of luck for 2022 by the glass (or bottle), Sangria, G&Ts or a and beyond.   Foxy Mojito – we have an absolutely splendid Stay safe, have a great Christmas and See drink selection, as well as excellent English You ALL Very Soon! Keep a special eye out comfort food to keep you going and ready to for the brief return of David Barnes too! explore our beautiful Tavira. With Christmas coming, and the clock ticking *Please note this article and any pictures – we plan to make December 2021 a month taken were before 1st December 2021.* www.eastalgarvemag.com 39

Places Reviving the Parc de Lazer, Mata da Conceição Locals and Expats pull together & replace the trees destroyed in the recent firesots of volunteers, expats from Italy, Spain and UK and Portuguese citizens from Quinta de Alvisquer L Centro Equestre with badly damaged by these devastating fires. some trees survived. Tavira City Council will Antonio Izquierdo Ruiz and Norberto Martins obtain quotes for the complete removal of the organised the event with permission granted worst affected trees. Later this year and in by Tavira Verde and Tavira City Council. During the early part of 2022 we shall be purchasing the day we were able to plant over 120 trees, more saplings and working again to help this friends from Dunasvale- Cork Oaks and Medronho that really grow beautiful landscape to recover. Volunteers Terraplanages Lda had a very special day well together and are less likely to be affected who want to assist and any donations to help on 13 November 2021 at the Parc de Lazer. by future fires. Fortunately, the herd of deer with the cost of saplings will be gratefully We wanted to participate in reforestation of that graze there were unaffected by the fire as received. the Mata da Conceição. The fire that started they were able move to the lakeside. Much of Please contact Antonio Riuz at Qunita de on August 16 in the municipality of Castro their natural grazing was no longer available Alvisquer Centro Equestre, EN125 Conceicao Marim, consumed a burned area of around so Antonio and Norberto were able to supply de Tavira 8800 - 058. 6,700 hectares. Many of the trees in the hay to help them survive. There is a great deal Tel +34 615 840 530 or via WhatsApp or Parc de Lazer were completely destroyed or more to do in the Parc de Lazer even though Facebook 40 www.eastalgarvemag.com

People The cast of ‘The Great Pretenders’ Photo: Peter Kain Theatre in RESTAURANTE São Brás FRANGANARIO Tavira A new play, ‘The Great Pretenders’ takes a comic look at historical facts surrounding the marriage of Queen Victoria’s relative, Prince Carlos of Portugal Set in the middle of the 19th century, when several noble plans and the love life of Prince Carlos dominate ladies and princesses had Act Two when a series of events become ambitions to marry the prince. intriguingly surreal. The cast of twelve, mostly An eligible bachelor and heir to dressed in steampunk costumes, present a play that is both educational and entertaining. the Portuguese throne, his wish Written partly in rhyme by Algarve resident to find a suitable bride created a great deal of Carolyn Kain, is the seventh in a line of interest in the royal courts of Europe. similar plays that examine through history the The production focuses on two of the most relationships between Portugal and Britain. TRADITIONAL PORTUGUESE CUISINE likely candidates, Princess Victoria of Wales Friday December 10th at 7.30pm Travessa Almirante Candido dos and the French Princess, Amelia of Orleans. Saturday 11th and Sunday 12th at 4 o’clock Reis 139, Tavira 8800-318 The rivalry between them results in tension and Tickets €10 (public) Amigos €8 Telephone: +351 963 882 952 Facebook: Franganario Tavira when Queen Victoria intervenes the situation is Beneficiaries of the show – Bombeiros de São 41 potentially explosive! Brás - for the purchase of protective clothing There is a showdown when Britain challenges and equipment. Portugal over land in Africa and Cecil Rhodes For advance bookings telephone: becomes involved in negotiations. His ambitious 00351 966 329 073 www.eastalgarvemag.com

Tours EAxpskatBAD ADVICE the Not all advice is good and not all people are as genuine as you may think. Enjoy our 'bad advice' column from the expert we have all met, know and love... the Expat This month we attempt to production crew from 6 Reality. the mandate having ended, or if a baby cries. understand a neighbourly dispute. Norman once told us he is related to \"Royal They have a dog that barks all night, but they say it Each party in the dispute will blood\" so we must obey! Why does he live in is for safety as they are surrounded by dangerous briefly have an opportunity to put a small terrace house then and not a Palace? people! their side of the story forward for They sprayed local children with hoses if The worst incident was when they called the balance. they played, claiming these soakings were police on a disabled elderly Portuguese neighbour After being filmed in their Vila Real de Santo \"accidental.\" There was a spate of car tires let and called the police as she was having handrails António neighbourhood for a British TV down at night if anyone challenged them. put into her house at 1pm for the \"noise!\" network recording \"ExPat Neighbours from No one can take these monsters anymore and just The police told the Goode’s off for harassing her. Hell\", Norman and June Goode are suing the want, what the locals call, \"the Hitler’s\" to leave We were not at location that evening, but the tires producers of the show and their neighbours for and never come back to ruin our lives in the sun! on her mobility scooter were slashed and who defamation and misrepresentation. She is like a velociraptor with a piercing scream, could be the suspect? First we speak to a neighbour who started an and he is an evil Goblin with a pencil moustache. In the UK neighbours of the Goode’s ended up anonymous petition, signed by over 250 people Legal proceedings are taking too long and we having breakdowns and are still in therapy. in their neighbourhood, making tabloid news. can’t take it any more! Help us, please, help us! As some of the nastiest people you could ever This neighbour wishes to remain anonymous. We now speak to Reality 6 producers: meet, they deserved to be followed to the Algarve From your perspective, why was it necessary The Goode’s have taken legal proceedings where they repeat their reign of misery. to start a petition against the Goode’s? against you for defamation and persecution. They have no friends. If they rarely go out, they call Anonymous neighbour: It’s a long story. First of What is your comment on their UK and the police on any venue about service conditions, all, we are not dealing with people like you or me, Algarvian activities? like rats that suddenly appear in their soup. but maniacs, that would make a dictator blush. Reality 6: \"I think we are dealing with very We would like to see them imprisoned and face It turns out when I Googled them, the reason dangerous and delusional individuals with hefty fines, hopefully, banned from moving this couple left the UK is because the TV crew police proceedings against them in the UK and anywhere else unless it has bars! had followed their story from Chesterfield. The the Algarve. Out of all the ExPat neighbours from hell in the Derbyshire police had put a restraining order for Norman has attacked our cameraman and sun, they are by far our absolute worst! harassment against their neighbours. crews several times, and for a man of 75 he sure Last, of all, we contacted the Goode’s who They may look like a kind and sweet elderly can use a cane effectively. delivered us a foul mouthed tirade and said couple but they are a nightmare for anyone to The defamation case they speak of will fall they would call the police on us and there be near. apart. We set up CCTV where a hooded figure will be consequences if we publish anything For example, the neighbourhood has had a is seen delivering packages through the door of about them. They hung up. Eventually forged note delivered. It’s translated into six the individual who started the petition, containing Norman texted back. languages about rules for Christmas 2021 and rotten fish and dog excrement of the individual Norman wrote: \"We have been followed and NYE 2022. who started the petition. persecuted since finding our new home. We The two rules read, \"on NYE no noise or music Our vehicles are often covered in such projectiles take morals and decency as pivotal and police can be played in the neighbourhood past 8pm and the hooded walker carries a cane. our neighbourhood. above 30 decibels. Another incident is where a six year old girl left her We do not accept frivolous people or antisocial The other \"rule\", is families larger than 4 cannot dolls outside on the street. They were all found neighbours. The film crew have hired actors congregate on Christmas day or any vehicles beheaded in the dustbin. to pretend to be us. They are setting us up for parked within 10 metres of 12C Rua do Medo or June sat there smirking denying any knowledge entertainment! They have hired body doubles they will be wheel clamped with a €250 release when the mother came by, and shouted \"learn and aged them with makeup! fee.\" English you ignorant peasant bitch!\" The Portuguese and British police have cases The note is forged to look like an official note When the children were outside playing, we against us, but we are being framed by a from the Freguesia and the GNR, but of course, caught footage of June, rolling marbles over the shadowy cabal as the media are trying to frame we have officially been told it is a fake! It is like street and setting traps for anyone on bikes. When us. The political and moral integrity of society is Scrooge seeks to shackle the neighbourhood! there is an accident, it is the only time they go in lost and we must insist upon it wherever we live. If anyone sneezes, the police are called. The and do not guard the front of their house! It is character assassination, persecution and Goode’s live in a terrace house, but forbid people The comments in all languages on the petition nothing else.\" to walk outside on \"their private\" pavement. If they are shocking. What are the worst stories Norman sent a pictorial attachment which do, they are verbally abused and even \"hexed!\" you’ve heard or captured? we then Google image search, which was an They also claimed nearby public wasteland is Reality 6: My goodness, so many, from putting Occult Hex used by Alistair Crowly. owned by them, putting up \"private\" \"keep out objects in neighbours gardens, and then calling The Goode’s have declined any further notices.\" the police accusing them of theft! comment, but maintain that they \"are the most A solicitor got involved and of course it is not Calling the police endlessly, from when a dog honest and decent people you could ever meet, their land. That's when I contacted the film and barks, a stranger walks by without a mask, despite now leave us alone. Or else!\" 42 www.eastalgarvemag.com

Home Alfresco SUPERMARKET The taste of home TATSATSTEETTHHEE BBEESSTT FFLLAAVVOOUURSRS WWITITHHMMAAGGNNIIFFIICCIEIENNTT VVIEIEWWSSOOVVEERRTTAAVVIRIRAA RERSETSATAUURRAANNTT:: 77.300 PPMM––1100.3.030PMPM LIVLEIVEMMUUSSICICTTHHUURRSSDDAAYYSS&&FFRIRDIDAYASYS DDJJSSEETT SSAATTUURRDDAAYYSS 88.3.300PPMM –– 1111..3300PPMM** * opening hours subject to change Bookings: [email protected] | +351 281 001 200 Location: Rua António Pinheiro, 17 8800-323 Tavira * opening hours subject to change Bookings: [email protected] | +351 281 001 200 Location: Rua António Pinheiro, 17 8800-323 Tavira NURSING CARE The family-run Amesbury Abbey Group offers an elegant retirement in country house style at Here when Monte da Palhagueira. you need us For those who are looking for the reassurance of www.eastalgarvemag.com constant professional care, our nursing care may be the way forward. Alongside all the benefits of residential care, our nursing care adds the additional security of 24-hour care provision from qualified nursing professionals. Our team spend a lot of time getting to know each resident as an individual, learning their preferences and understanding their concerns, working hand in hand with GPs and other associated care professionals to provide outstanding personalised nursing care. Our exceptional care team treat all our residents with respect, dignity and friendship, and our nursing home has a warm, family atmosphere. Each individual aspect of our nursing care is designed to give our residents the best possible quality of life and the highest standards of 24-hour care. For further information, please contact Senior Sister Hazel Gordon at T: +351 289 990 900 E: [email protected] Monte da Palhagueira, Gorjôes, 8005-488 Santa Barbara de Nexe, Algarve www.retirementvillageportugal.co.uk 4393

Art ARTIST OF THE MONTH: DENIZ YESILIRMAK Deniz Yesilirmak left the advertising game when the term “content creator” became a term too foreign to her sensitivities and creative integrity. Over the years her work has graced the pages of beauty Campaigns globally with her creative touch leaving a mark that “content” in today's world can’t rival. Stifled by Brexit Britain under bojo faulty, she turned her back for saner pastures with her iPhone at hand. She relocated to Portugal. With a sense of rejuvenation, her natural eye catches the beauty around her which others had glanced over not realising what lay in front of them. You can take Deniz out of Britain but you can’t take her natural sense of beauty out of her. Website: denizfolio.com Instagram: @denizfolio iPhone photography #coincidentallove Ps: Please DM [email protected] for any design, advertising and prints for sale enquiries. 44 www.eastalgarvemag.com

The finest art in the Algarve. Tavira d’artes Art Gallery Wishing everyone a relaxing festive period and a happy new year. Thank you for your support this year! w w w. t av i r a d a r t e s . c o m Visit us: Travessa Jacques Pessoa 8,Tavira, 8800-374 Call us: 962 012111 Email us: [email protected] www.facebook.com/taviradartes www.instagram.com/tavira.dartes A FUN PLACE TO MEET Campo Martires da República 8800-378 Tavira LIKE MINDED PEOPLE Opposite the PSP Police station AND BY Tel. 281 324 305 EMAIL: [email protected] THE WAY, Art supplies: WE ALSO PLAY Oils, Acrylics, Water Colour, Washes, Brushes, Canvasses and more! CROQUET! Haberdashery & Fabrics: A huge range of fabrics, wools, Everyone is welcome, threads, zips, buttons and sewing all nationalities, equipment. beginners and Picture Framing: Large selection of picture frames. experienced to play Hobbies: golf croquet on our Thousands of items to decorate and lawns at Pedras da beautify for the hobbyist. Rainha in Cabanas de 45 Tavira. If you want to come and meet us you will be made very welcome any Wednesday or Sunday morning after 10:00 and your first time is free, or for more information contact us by email. PINK FLAMINGO CROQUET AND SOCIAL CLUB Email: [email protected] www.eastalgarvemag.com

People MEET PAUL NICHOLSON FROM ST.JAMES GLOBAL From St James Global, a big welcome and thank you to Richard Bassett from East Algarve Magazine for inviting us to this exciting initiative and the first of many articles on International Financial Planning for Non-Habitual Residents of Portugal. St James Global was set up in charities chosen by Vila Sol were Akredita - a structure. Guernsey in the Channel Islands Now, in the case of Portugal which will be my in 2002. The company provides children's charity/day centre in Quarteira, with focus, we have to look at the fiscal rules and offshore investment advice and regulations around a product that will be well asset protection to expatriates the St James Global Private Clients  generously suited for Non-Habitual Residents (NHR) in around the world, encompassing reliable Portugal and be tax compliant in the country of retirement, estate and succession planning, topping up the donations to a total of €500. domicile and where one’s assets are situated, security and peace of mind. The key individuals for example, the UK. International Retirement have been helping international investors with St James Global have been hosting short Trusts are attractive alternatives to discretionary their international investments and structures trusts for Expats living in Portugal who wish for over 30 years, providing clients with the presentations throughout the Algarve to to secure their long-term financial future experience and know-how they deserve specifically for retirement planning purposes. in a world of ever changing tax legislation introduce their financial services, designed They are ideal structures for Portuguese Non and compliance. St James Global is truly Habitual Residents who wish to consolidate independent and can provide unbiased and specifically for new or existing non-habitual assets offshore, either by cash or existing impartial advice across a universe of products, assets and investments. services and jurisdictions. Our products and residents of Portugal. The gatherings are both The Pension plans are backed up by a robust services are designed to protect and preserve piece of pension legislation and offer retirement wealth in a safe and secure environment relaxed, informative and fun and have proven planning opportunities to investors who are with particular reference to transparency of looking to secure their long-term financial fees which are amongst the lowest in the extremely popular. A series of presentations future. They are flexible, bespoke and are industry, combined with an active but careful arranged in one of the most secure jurisdictions management process. will take place at various venues throughout the in the world. Founder, Paul Nicholson lives with his wife and Looking at tax, in the case of UK Expats living in 3 Jack Russell’s in Tavira, having relocated Eastern Algarve commencing February 2022. Portugal, one does however, need to look very from Cape Town in 2019. St James Global closely at their tax residency if they are no longer was established in Portugal in 2018 and has Whilst this is a few months away, time passes tax resident in the UK, other than paying UK been successful in increasing the company's taxes on UK situs assets such as UK properties. profile and clientele ever since. With offices in so quickly - if you would like to receive an Care needs to be taken to ensure you do not Vilamoura and Tavira, the team at St James breach UK residence rules. The UK statutory Global have, and will continue to be involved invitation at a venue near you, please do residence test will enable you to answer the in various initiatives throughout Central and questions and confirm the number of days you Eastern Algarve. let us know in advance so we can plan can spend in the UK without becoming a UK The St James Global Invitational Trophy was tax resident. held in May with finalists from five clubs in the accordingly. Canapes, wine and malt are We at St James Global look forward to sharing Algarve presented with a three course meal, a many more informative articles and information personalised uniform and a lot of bubbly held complementary to those who attend. with the ultimate aim of helping you, as a client, at Monte Rei Golf & Country Club. St James maximise income and your net worth into your Global hopes that this will become an annual Going back to finance, the common objective retirement. We look forward to meeting you at event, offering various golf clubs a new and one of our retirement presentations and will exciting competition that will also support the when it comes to money in retirement is quite keep you posted on venues and dates in the charity of the club’s choosing. Our last event January edition. For more information, contact was a great success and St James Global were simple and often overlooked – SECURITY, Paul Nicholson, [email protected] or pleased to donate to charity €10 for everyone visit our website www.stjamesglobal.com who reached the green on the 7 th  hole. The ADMINISTRATION, PERFORMANCE AND SERVICE. It is our aim, as experts in international financial services, to provide you as an expat and international investor living in Portugal, with a simple, easy to understand and uncomplicated solution, enabling you to protect and preserve wealth well into the future. Our objective is to help our clients effectively move personal wealth out of one’s individual names, and thereby ensure that they bypass probate both in their country of residence and each country in which assets are located. This not only creates a managed environment for your money to grow outside of your estate, but is also incredibly tax efficient, in particular for those looking for income in retirement. Assets pass onto future heirs immediately and without costly and expensive probate. Our job is to help you maximise income in retirement through inexpensive and well-diversified investments and at the same time, provide you with a practical, cost effective and tax efficient way of consolidating world-wide assets held under one 46 www.eastalgarvemag.com

ST JAMES GLOBAL, NOW ESTABLISHED IN THE ALGARVE... WITH OVER 30 YEARS INDUSTRY EXPERIENCE IN HELPING EXPATS PROTECT AND PRESERVE GLOBAL WEALTH. W W W. S T J A M E S G LOB A L . C O M 47 O F F I C E 5 3 , AV. C E R R O D A V I L A , V I L A M A R I N A , 8 1 2 5 - 4 7 3 , V I L A M O U R A , P O RT U G A L [email protected] ∙ TELEPHONE +351 289 005 251 ∙ +44 75 251 34693 www.eastalgarvemag.com

Expert financial advice Keep up to date with our Finance expert, chartered accountant Ricardo Chaves from All Finance Matters. READERS Q&A Each month we receive different questions from our readers, without any further taxation. months, due to the long waiting list at the although some of these This company structure could be a good emigration office, although it is normally faster questions are related to specific solution after the social security exemption than the D2 or D7 Visa applications. ends. Once you have the EU residency certificate, you then need to change the tax status, again situations, sometimes the Please feel free to contact us for a simulation. through the tax office and finally apply for the NHR status. Your wife will be resident prior to answer may help you to better understand you and we can finalise her NHR application Qthe tax system in Portugal and answer the first, while waiting for your residency I am a British citizen with a house in appointment. queries from other readers. Altura, which I don’t rent. I have my Please feel free to send us the questions you tax address in the UK and only spend a few may have to [email protected]. We will Q I recently moved to Tavira and I months holidaying in Portugal. Do I need to select some of these to be published. acquired the NHR status. I work as appoint a tax representative? an IT programmer and most of my clients Yes. The designation of a fiscal representative EastAlgarveM A G A Z I N E are in the US and UK. My income is around is mandatory for citizens residing abroad, PROMOTE YOUR BUSINESS WITH US 100k per year. Should I register as a sole more precisely in a third country, outside the FROM ONLY €65, UP TO €295 FOR trader or as a company? EU or the European Economic Area. The fiscal A FULL PAGE If you register as self-employed under representative can be any individual that is If you would like to the simplified regime, If you register as resident in Portugal or a promote your the 20% will be levied company that is resident business with the East on 75% of your gross self-employed and provides this kind of Algarve magazine income. You can benefit service. contact us on from a 12-month under the simplified Q I am a UK citizen, [email protected] exemption for social regime, the 20% will and my wife is Irish. or Tel 961 700 200 security payments, but be levied on 75% of We currently work from please note that after the London, but we have As an advertiser you 13th month, your social automatically become a security contributions will your gross income. decided to relocate distributor, and will be be assessed each quarter, and work from Portugal provided with a number of based on your level of You can benefit next April. Would you copies to issue to your income. from a 12-month be able to advise us on customers. The effective tax rate as the procedures required a sole trader is slightly exemption for social to establish NHR in above 15% as you need Portugal? Are there business expenses to security payments, certain steps we need to be able to benefit from but please note that take in a particular order the 75% coefficient. As before we complete the a bonus, provided you after the 13th month, process? don’t have any salary The first step is to obtain or pension income, you your social security the NIF (fiscal number) can benefit from a tax in Portugal. As currently contributions will reduction of 50% in year 1 be assessed each most of the tax offices are and 25% in year 2. still closed, you need to As the tax year is finishing, book an appointment with we suggest that you quarter, based on the tax authorities through register as a sole trader in the finance portal. If you 2022 and not in your level of income. prefer, we can do this on 2021. Your tax liability, if your behalf, as part of you don’t have business the process. To issue the expenses, will be 9.6% in 2022 and 13.4% in NIFs you need to provide a copy of your id or 2023. However, please note that in 2023 you passports and a utility bill or driving license, will also need to pay around 15% in social with your current address. This will be from security contributions. your foreign address. To avoid this, one of the options is to create a Once you get the NIF’s the following step is to company, which is eligible to be on the fiscal become resident, as your wife is a EU citizen, transparency, and which activity is one of the she can get the residency through the local listed as per the NHR rules. In this case, you council. For this she needs to either own will be taxed at 20% and not the company, or rent a property in Portugal. Once your there will be no tax on the dividends because wife’s residency is issued (normally takes the fiscal transparency implies that the profit just a few days) you can then apply at the of the company is taxed in the personal emigration office for residency based on sphere. This means that as the profit is already family reunification. taxed, it can be transferred to the shareholder Please note that your residency will take a few 48 www.eastalgarvemag.com

We’ll look after your tax a airs while you look after your lifestyle www.eastalgarvemag.com 45

Expert financial advice By Andy Oliver, CEO of Private Client Consultancy Tracing your lost Pensions How are pensions lost? the dates of which you were employed and your contacting HMRC. If you do have a SERPS It is estimated that there is national insurance number. Thus, it would be pension, you will need to then contact the currently around £19.4 billion lost beneficial for you to start drafting up a timeline provider in order to access the funds. in pension pots. This averages of your previous work experiences. The more Evidently, there is a lot of work that goes into to around £13,000 per missing information the better, so whatever you can tracing lost pensions. It can be difficult to pension. In fact, nearly 1 in 5 people in the UK savage from documents, letters, and payslips ensure that you are asking the right questions you have saved should be mentioned to your and getting the correct information. Not having will lose track of at least one pension pot. People work for an average of 11 employers adviser. proper guidance makes for a more complicated throughout their lifetimes. Because of this, it is Organising your information and contacting process. Consulting with a qualified adviser is previous employers is the beneficial in many ways, namely in that it takes often difficult to trace the first step, however it is the pressure off of you to contact all of these pensions they acquired \"Losing track not the last. At this point, different authorities. When the ability to fully from previous jobs. This of old pensions you will not yet know how enjoy your retirement rests so heavily in the is especially true if those much the pension is worth, hands of complex bureaucratic systems, it is previous jobs were held is a common how it has performed over important to speak with a professional so you years prior to the position the years, or what options can be confident that you have the safety of they currently hold. phenomenon, as it you will have at age 55. their expertise to fall back on. Auto-enrolment for pension Only the pension provider Next steps schemes has made the is very easy to do. has this information, and Lastly, tracking down your pensions is only the enrolment process much While tracing them you will need to contact the beginning. The next step is assessing whether easier in many respects. company to obtain it. you are getting a good deal out of your pension However, this system has may be a hassle, it is also complicated some If you instead choose to scheme. There are so many outdated schemes areas. Employees who still beneficial to do find a lost pension with out there, so it could greatly benefit you to are eligible can choose to so. You may have your national insurance consider other options for your investments. automatically enrol into number, then you can also You may also wish to combine your pensions the company’s pension a significant sum do this by sending it to a into one pot, as this makes them easier to both scheme, meaning that past employer to obtain keep track of and manage. many people often end up awaiting you\". the details of the pension If you are interested in a personalized pension with multiple pension pots. provider. Alternatively, plan that will be tailored your specific needs, Then, when they leave that you can contact HMRC then a more flexible and modern option may job for a new one and continue to do this for to learn whether your SERPS contract ended. be a better fit for you. Our advisers will not only some years, they are often left wondering what This method still requires you to provide help you track down these lost pensions, but pensions they have, where they are, and how personal details, but it is your national insurance they will also help you make the best decisions number that grants entities access to your old with your pensions once they have been found. they can find them. The people who are most at risk of losing a contributions. If you do not pension are those who have worked for many know this number, it will be different companies or have not updated included on your payslips. tracking down your pensions is their pension provider after moving house. In 1978, SERPS was created only the beginning. The next step is Additionally, people who opted out of the State by the government to add Earnings-Related Pension Scheme (SERPS) to the State Pension. It was assessing whether you are getting in either the 1980s or ‘90s likely have lost replaced in 2002 by the State a good deal out of your pension Second Pension. During the pensions. scheme. There are so many outdated ‘80s and ‘90s, millions of schemes out there, so it could greatly Losing track of old pensions is a common people opted out of SERPS phenomenon, as it is very easy to do. While in pursuit of placing their tracing them may be a hassle, it is still beneficial to do so. You may have a significant contributions into a personal sum awaiting you. Thankfully, Private Client pension instead. Their hope benefit you to consider other options Consultancy can help you recover any old was that they would end for your investments. up with a higher income pensions you may have. for retirement if they went How can pensions be recovered? First, you will need to find out if you have with a personal pension scheme rather than It is possible for your unclaimed pensions to pensions from any past jobs. If you think that SERPS. If you were employed by a private be lost indefinitely. Being proactive now could you may, you should contact your previous company between the years 1987 and 2012, it save you from not having the retirement you are employer. This is sometimes difficult to do if you would be worth checking if there is a missing entitled to. no longer have their contact information, so you SERPS pension that you can claim. So many To schedule a consultation with one of our may get in touch with our advisers to review underestimate the difference a missing pension advisers, email us at [email protected]. could make to their retirement. your options. Next, your previous employer will need to know Checking if you have a SERPS pension requires 50 www.eastalgarvemag.com