Well, so far so good I guess.
Can't see any things I don't like or think is wrong.
I do actually like the skin colour very much; a real portugees colour I asume? Not the caucasian 'white' you often see. What did you use as skin colour?
The little beard makes it even more stereotype Portugees :-) (just kidding, but if I didn't know it would be a Portugees, I still would consider it a mid-terranian guy, so that's why I say 'stereotype').
So, as far as I can say you are on the good way!
Looking forward to the final result!
Paul
ADDITION:
Looking to the pictures again, I must say I also like the relaxed but 'still beeing sharp' look of the figure. Did you modelled it yourself?
Paul