Portugal has become one of the most popular destinations for expats, at least in a small part due to the extensive tax advantages that it provides. The benefits give rise to the working class, retirees, and high net worth individuals. It is very important to be aware of the harsh penalties the Portuguese authorities can impose if you are not aware of the tax legislation. This legislation changes annually, often making it difficult to keep up to date. We update this page on a regular basis to ensure the information we provide is applicable today. The areas we will cover include:
- Common mistakes that expats in Portugal make
- Defining a Portuguese resident
- Portuguese tax position for residents
- Portuguese tax position for non-residents
- Portuguese best kept secrets
- Non-Habitual Resident scheme
- Portugal’s Golden Visa
- Penalties
- Blacklisted tax havens
- Other taxes including CGT, IHT and gift tax, wealth tax, IVA/VAT, Corporation tax, and social security
- Taxation on UK pensions
- Taxation on QROPS