Portugal’s golden visa is an extremely tempting way to obtain residency in Portugal. In return for purchasing a property in Portugal (qualifying prices start at €280,000 but are typically €500,000 or more) those from outside the EU, EEA, and Switzerland can obtain residency in Portugal. But one question many people have is whether or not … Read more
The Portuguese property market has a few quirks and if you’ve been browsing property websites for a while you may have noticed that sometimes when a property sits on the market for a long time, it is suddenly re-listed – but at a higher price. This seems to contradict what you’d expect to happen. Surely … Read more
Perhaps you’ve made an offer on a property in Portugal and now you’re wondering what happens if the seller accepts your offer. Will they take the property off the market? Are they morally or legally obliged to accept your offer? What happens if someone else contacts them and offers them a higher amount? According to … Read more
For working professionals considering a move to Portugal, one of the main draws – apart from the great weather, beautiful food, and laid-back lifestyle – is Portugal’s NHR tax regime. Those with qualifying types of income can choose to be taxed under the NHR regime rather than standard Portuguese tax rates. And, depending on certain … Read more
For many people thinking about moving to Portugal, one of the big benefits is the NHR or non-habitual residency tax regime. This tax regime gives newcomers to Portugal (and in some cases, those returning to Portugal) the option of having certain types of income taxed under the NHR regime, which can be preferable to standard … Read more
Portugal’s non-habitual tax regime is marketed to prospective expats thinking of moving to Portugal. It allows qualifying individuals to be taxed under NHR tax rates, which are often more appealing than normal Portuguese tax rates, for a period of 10 years. But is this tax regime only available to foreigners moving to Portugal? What about … Read more
The NHR (non-habitual residency) tax regime is very appealing and one of the reasons that many prospective expats choose Portugal over neighbouring countries like Spain and Greece. It offers newcomers (and in many cases those returning) to Portugal preferential tax rates; tax rates that are different to what most people in Portugal normally pay. For … Read more
Portugal’s NHR (non-habitual residency) tax regime is so good that you will probably want to take advantage of it every year that you’re in Portugal. You can take part for 10 years, but what happens if you have to leave Portugal during those 10 years? Can you pause it and restart the clock? According to … Read more
Having to pay capital gains tax on investments, such as a property or stocks and shares, can be costly. It can be particularly painful because you see the bill all at once, unlike income tax which often comes off your payslip in smaller chunks across the year. Given how much capital gains tax can end … Read more
Depending on where you live, you may have access to tax-free savings accounts which are tax wrappers that allow you to grow your savings without being subject to the tax that normal savings accounts are subject to. In the UK, for example, savers can put their money into an ISA or individual savings account and … Read more