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Thursday, April 16th, 2026
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Portugal Resident
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Economy

Home Economy Page 16

A warning from Down Under on the perils of chasing the dragon’s money

Australia’s once-close ties with China have fractured and its citizens are being told to prepare for war as China becomes increasingly aggressive. Portugal is one of Europe’s largest per capita

May 30, 2021by Portugal ResidentIn Economy

Should you keep hold of UK investments in Portugal?

Expatriates often prefer to keep UK investments like Premium Bonds, ISAs, savings accounts, bonds and shares, but do they make financial sense for residents of Portugal? However well we have

May 24, 2021by Portugal ResidentIn Economy

US taxpayers automatically qualify for filing postponement

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

May 14, 2021by Dennis Swing GreeneIn Economy

Make sure your money lasts as long as you do: five questions to ask

As life expectancy increases, so does the length of time needed to stretch your income in retirement. Taking the right steps now can help you afford the lifestyle you want

May 8, 2021by Mark QuinnIn Economy
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IRS 2020 – Nº 6: Donations to Charity

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

May 1, 2021by Dennis Swing GreeneIn Economy

How are your savings protected?

What level of protection do banks offer? We outline the bank deposit guarantee schemes in the EU and UK. When you have worked hard to build up your savings, it

April 27, 2021by Dan HendersonIn Economy

Tax sting for EXPATS returning to UK – here’s what you need to know

Last week, UK Chancellor Rishi Sunak announced that British citizens who are not residents of the UK and live overseas may qualify to vote on an ‘indefinite basis’ in any

April 26, 2021by Portugal ResidentIn Economy
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IRS 2020 – Nº 5: Health insurance and other expenses

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

April 25, 2021by Dennis Swing GreeneIn Economy
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IRS 2020 – Nº 4: Tax credits for housing

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

April 20, 2021by Dennis Swing GreeneIn Economy

Finance minister promises ‘strong relaunch of Portuguese economy” with no increase in taxes

Finance minister João Leão presented Portugal’s four-year Stability Programme today, pledging the PS government will not be adopting austerity measures, or increasing taxes, to get through the crisis caused by

April 15, 2021by Natasha DonnIn Economy
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