Portugal: from pig to golden child
The Iberian country has undergone a turnaround in fortunes since the European debt crisis.
The Iberian country has undergone a turnaround in fortunes since the European debt crisis.
The most attractive investment migration programmes are from Malta and Portugal, according to the Henley Partners Global Residence and Citizenship Programmes 2017–2018 report.
After a six-year hiatus, deVere Group is to expand its western Europe network by returning to Portugal with plans to expand its footprint in France.
Expat pensions transferred to Portugal could take a 10% hit under plans being considered by the country’s government.
Summer in the UK this year has been a brief affair, so it comes as no surprise that nearly two-thirds of British expats think about the weather when planning their moves abroad. But sunshine isn’t the only factor prospective expats should consider.
UK advisers with clients looking to move to Portugal and make the most of tax-efficient opportunities but avoid costly mistakes need to consider seven key questions, according to international wealth and tax management firm Blevins Franks.
Football legend Cristiano Ronaldo may have decided to leave Real Madrid amid claims he is angry at his treatment by Spanish authorities and reports that Portugal has launched its own tax fraud probe into the world’s highest paid athlete.
Capital gains tax (CGT) liabilities in Portugal depend on whether a client is resident, non-resident or approved under the non-habitual residents regime, explains Jason Porter, director of European IFA firm Blevins Franks.
Advisers looking to set up in Europe should avoid France and consider Portugal, a panel of industry experts said at International Adviser’s London event on Wednesday.
Hong Kong has agreed to an automatic exchange of information with South Africa and Portugal amid mounting pressure from the OECD and the European Union.
If you have recently moved or are moving to Portugal, you need to understand the tax implications of living there as a British national, says Jason Porter, director of European IFA firm Blevins Franks.
For British expats living in Portugal, or for those with Portuguese assets, the local equivalent of inheritance tax maybe relatively straightforward, says director of Blevins Franks Jason Porter, but succession law is very different. If advisers do not understand the rules, their client’s estate may not be distributed in line with their wishes or could…