Is Portugal still an attractive place for UK retirees?
As the uncertainty of NHR surviving grows
NHR
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Portugal drops plans to scrap NHR following PM’s resignation
However people are still being urged to apply
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Just 27% of NHR wealthy expats in Portugal prepared for financial future beyond 10 years
As the government prepares to scrap the NHR tax regime next year
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Expats save over €1bn in tax with Portugal NHR scheme
It ‘has proved to be hugely successful in attracting wealthy individuals’ to the country
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How attractive is the Portugal NHR 10-year tax holiday?
Non-habitual resident scheme has been ‘extremely successful’ in generating revenues
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Changes to Portugal tax rate will ‘strengthen’ its expat appeal
Still opportunities and benefits despite uplift of pension tax to 10% from zero
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Tax hike unlikely to make Portugal unattractive to UK expats
Regime will still be very appealing ‘compared to most other European countries’
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Expats reprieved on Portuguese pension tax
A widely speculated 10% tax on expat pensions transferred to Portugal has been left out of the country’s 2018 budget, but this does not mean the rule change is not coming, experts warn.
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Portugal unveils wealth tax on properties over €600,000
The Portuguese government is looking at plans to introduce a wealth tax on properties valued over €600,000 (£538,572, $660,108) in a move that could affect thousands of British expats living in the EU-member state.