Author: Dennis Swing Greene

The 2020 State Budget provided for some important changes to the Golden Visa programme that will come into effect as of January 1, 2022. These legislative updates limit some criteria

The vast majority of foreign residents share a common trait: most, if not all, of their livelihood comes from outside of Portugal. Great confusion and disinformation abound regarding such income

The Multibanco system has been around for 35 years and continues to be a widely used resource by those who resort to the most varied banking movements in Portugal. Despite

Taxation of US citizens The US government imposes income tax on US persons based on their worldwide income, not residency. The following are considered to be US persons for tax

Tax Credits for charitable gifts for individuals are based on the “Estatuto de Mecenato” (Patronage Statutes), which divides contributions according to the nature of the charity. The amount of the

Fifteen percent of health insurance premiums are now eligible to be added to general medical expenses. The combined maximum limit for the tax credit for both medical expenses and health

The IRS tax code offers partial tax credits for housing costs within Portugal. Unusual in the international context is the fact that domestic legislation affords similar treatment to mortgage, leasing

The IRS code allows a 30% credit for costs of education with an upper limit of €800 for family members. You can claim tuition and school fees. However, expenses that

How can I save on my taxes? Of all the credits and deductions available, medical expenses are customarily the single largest for most taxpayers. In 2020, the tax credit is

To make the most of the interactive tax system, you should give your tax number (NIF) on invoices for any expense in order to be entitled to the following tax