EU Directive impacts redomiciliation
When a company redomiciles to Portugal, there is no asset transfer, no crystallisation of capital gains, no IMT (property transfer tax), no stamp duty on real property. With no chargeable
Protecting your Portuguese assets: is your paperwork in order?
Many foreigners have chosen to live or to buy holiday homes in this wonderful country. But how many have reviewed their estate planning to protect these Portuguese assets? The future
Why Portugal is so much poorer than other European countries
This lockdown has allowed me to revisit one of my favourite books, The Year of Living Dangerously by Christopher Koch. I still remember buying it in the 1980s in an
Use the lockdown to lock up your assets
Most people prefer not to think about their own mortality, but the current coronavirus crisis has made that impossible. It is estimated that over 50% of people do not have
Using this time to look after your financial wellbeing
Those of us fortunate enough to be safe and healthy during these unprecedented times will be looking for positive ways to spend our time in lockdown. While home improvements, baking
NHR – 2020 State Budget requires a minimum tax of 10% for foreign pensioners
Expatriates to pay at least €7,500 in income tax per year on foreign sourced pensions With the proposed NHR changes in the 2020 State Budget, promoting Portugal as the “Florida
How might the global lockdown affect your tax residency?
With coronavirus quarantine measures and travel restrictions across the world, the ability to move freely between countries has been greatly reduced. While some people have been able to choose where
The impact of Covid-19 on the economy and labour market
Among the support measures for companies recently approved, the following stand out: 1. Regarding IRC obligations, the main support measures are: (i) postponement of the Special Payment on Account from
Should you emigrate to Portugal from South Africa?
Despite all the positive noise coming from the government in the wake of the most recent South African budget, there are legitimate fears, voiced by NKC African Economics Senior Political
The lessons Portugal could learn from Singapore in the fight against corruption
A few years back, I was travelling on a long bus ride through northern Vietnam when, just before reaching our destination, the driver pulled over, got out and, during a