TonyJ1
South African expat in Portugal
Forum posts
164
Contacts
2
About me
South African
Lives in Funchal / Lisbon
Speaks Portuguese, English
Registration: 25 March 2014
Double tax treaty UK/Portugal by alancooper10
We were lucky to make a profit on our apartment when we sold in March 2024. We are both non resident at the moment. Due to differing fiscal years we have already returned the gain to UK tax authorities and paid the tax. We understand we have to ...
He can proceed with this, but be advised that this information is shared with HMRC. May take a few years for HMRC to catch up though Read More
Double tax treaty UK/Portugal by alancooper10
We were lucky to make a profit on our apartment when we sold in March 2024. We are both non resident at the moment. Due to differing fiscal years we have already returned the gain to UK tax authorities and paid the tax. We understand we have to ...
As the property was situated in Portuguese territory, Portugal has first bite at the apple so to speak. You submit the Portuguese income tax return (as a non resident), and Portugal will tax it according to its rules (Selling Price - Cost (adjusted ... Read More
NHR Lawyer/Expert Portugal by James M76
Hi, Can anyone recommend a tax expert/lawyer who can help me appeal my NHR rejection ? I can barely understand what the letter says even after translating it.
@James M76 Your rejection based on various factors - but mainly date application submitted, choice of date becoming resident. Also if database shows that you were tax resident in a prior year (though, should not invalidade application, but you ... Read More
NHR status with no rental contract or property ownership by DrCarloRossi
Good evening, I am a retired NHR resident living full time in Portugal.I recently had a very significant rent increase (60%), I would like to change country of residence but I won't be able to organize myself before the beginning of 2025.However, I ...
@DrCarloRossi The NHR is not contingent on having a rental or owning property - you could live with a friend rent free (if someone would put up with you). However, if you leave the country, you should inform the tax authority of your new address. ... Read More
NHR status with no rental contract or property ownership by DrCarloRossi
Good evening, I am a retired NHR resident living full time in Portugal.I recently had a very significant rent increase (60%), I would like to change country of residence but I won't be able to organize myself before the beginning of 2025.However, I ...
@Perpetual_traveler This will only work for a period - not for ever if the landlord has given appropriate notice etc. Of course the courts are very slow moving and may take years to resolve if the tenant resists Read More
NHR status with no rental contract or property ownership by DrCarloRossi
Good evening, I am a retired NHR resident living full time in Portugal.I recently had a very significant rent increase (60%), I would like to change country of residence but I won't be able to organize myself before the beginning of 2025.However, I ...
@Perpetual_traveler The landlord may give appropriate notice to cancel contract. Then it is a new contract and he/she may request whatever they like. Read More
Exit tax on unrealised capital gains in Portugal by GuestPoster06015
Hi. So while reviewing the tax system of Portugal, I’ve stumbled upon this “exit tax” or “tributação à saída” as it’s called in Portuguese. It is perfectly insane. One basically will ...
There is an exit tax, but this is very limited. Portuguese citizens moving to black listed countries (article 16 - 6 of the tax code for individuals), tax residents moving abroad who had swapped assets (can be shares or other property) swapped for ... Read More
The Portuguese Non-Habitual Residents Tax Regime by JohnnyPT
In 2009 Portugal decided to create the non-habitual resident status, called NHR. The purpose of this new status is to attract foreigners with high value-added potential, such skilled employees or retirees. Registration as a “non-habitual ...
@James M76If yours is from November, you should have applied under the previous rules. Read More
Rental price increase by Dany Baydoun
Hello guys, i have a one year contract (renewable) that ends this month and one of the clauses mentions that I should give the landlord 90 days notice period before terminating the contract.The landlord informed me just 1 month ago that she wants ...
@pragmatistThis is not how it works. If the rental contract is renewable, and the tenant doe not want to renew, he/she has to give the appropriate notice (per rental contract, or if not mentioned, the deault notice as per the civil code).The rental ... Read More
Selling property before or after inherited by pscarson
Hello!! Anyone able to explain all the Portuguese taxes and fees related to selling property in Sao Miguel that was inherited and for property that wasn't inherited? selling for $100,000 And $150,000. Are all the ...
You submit a tax return with the selling price, claiming cost (inherited value - patrimonial value at date of death), selling expenses, costs of legalising property in your name (if that was done), other direct costs relating to the sale of the ... Read More
taxes in portugal by dymd11
Can someone please recommend an English speaking tax accountant or attorney. We are retired and would like to know what taxes and how much we would have to pay. We live in the US and are planning a move to Portugal. Thanks for any consideration ...
The taxes also depend on the nature of your income - refer back to the double tax treaty.eg government pensions (includes state, municipal, federal, police, some teaching and universities) only US may tax. Some annuities, depending on provenance, ... Read More
Vat on renovations by incassa
Hi all ,lm just a bit confused, I am having my property renovated in the algarve, my question is do I pay 6% vat or is it 23% - 6% everywhere I’ve read gives conflicting information can anyone help as to which one it is.regardsPeter
You negotiate with the service provider, and you may have to quote the relevant law (2.27 of List I of the VAT code) Read More
NHR residency status by nikichristofi7
Hi, my boyfriend and I moved to Lisbon and started working in August. I´m a Portuguese citizen since my mom is from Portugal but I was born and grew up in Cyprus, this is the first time ever working and paying taxes in Portugal. My boyfriend ...
If you became tax resident last August, apply for the NHR tax status immidiately. The deadline is 31 March. Read More
US Social Security by cpsnyder1
Can anyone definitively say whther these monthly social security payments are taxed by the Portuguese govt if I am already paying US tax on them? ThanksTo be more precise I would be living in Portugal on a D7 visa receiving Social Security ...
Under the US / PT tax treaty, both countries are entitled to tax Social Security - effectively you pay the highest rate of the two. Read More
Income tax on foreign source income outside Portugal by yubayashi
Hello.I have a question about Portugal income tax.I am a holder of NHR status.I receive all my salary from Japanese companies.(I do not receive any remuneration or salary from Portuguese companies)In this case, what will be the income tax?My tax ...
The NHR provides for exemption on interest, dividends, rental income, some types of royalties, rental income if the 'other' country may tax such income - if the income is from a country in the Portuguese black list, it is excluded, except if ... Read More
Portugal has very HIGH taxes... don't know why I just realized it. by juliet1980
I was dreaming of eventually moving back to Hungary but now that they killed DTT (starting in 2024 https://www.mondaq.com/withholding-tax/1289000/us--hungary-double-tax-treaty-cancelled-what-are-the-consequences). I will not be able to afford to! ...
@slugsurmamatesWith the exception if you are a US citizen, these levels can be achieved - look for residence in places such as Paraguay where only remitted income is taxed and some other countries. With some research you can get there, and then it ... Read More
Vat on renovations by incassa
Hi all ,lm just a bit confused, I am having my property renovated in the algarve, my question is do I pay 6% vat or is it 23% - 6% everywhere I’ve read gives conflicting information can anyone help as to which one it is.regardsPeter
Have a look at list II of the VAT code - essentially this is what it says:For repairs / maintenance to habitation properties (specifically excludes gardens, swimming pools) the vat on the labour and (profit) is 6% (5% Madeira and 4% in the Azores). ... Read More
Portugal has very HIGH taxes... don't know why I just realized it. by juliet1980
I was dreaming of eventually moving back to Hungary but now that they killed DTT (starting in 2024 https://www.mondaq.com/withholding-tax/1289000/us--hungary-double-tax-treaty-cancelled-what-are-the-consequences). I will not be able to afford to! ...
2.Are only EXPATS charged this high tax rate or are also Portuguese citizens? Google states "progressive marginal tax rates from 14.5% to 48% for 2023" for Portugal residents, so I guess that answers my question. Portugal has very high taxes. So if ... Read More
Does Portugal tax retirement income by vincefandel
Dan anyone offer a simple answer to how or if Portugal taxes US social security income or any other retirement income?
@bobinportugal22If you are a resident, even if your foreign income is not remitted it is submject to tax in Portugal (subject to tax breaks and / or tax treaty 'breaks'). Whether the PT tax authority picks up non compliance is another mattter Read More
Does Portugal tax retirement income by vincefandel
Dan anyone offer a simple answer to how or if Portugal taxes US social security income or any other retirement income?
@Lynda EntzionPortugal taxes its residents on a worldwide income basis - whether the income is remitted to Portugal or not. Some income streams might get some tax breaks in terms of domestice legislation, and other income streams might be reserved ... Read More
Landlord not returning deposit? by ctomac
Hello everybody,We seem to have a problem with the previous landlord - she has not returned our deposit one month after we moved out and gave the keys to her RE agent. Also, she is not responding to our emails requesting clarifications - whether ...
You can approach the small claims court (julgados de paz) without legal representation - they will help fill out the paperwork Read More
Visa/NHR malarkey by Guest9248
I'm in a muddle. I relocated from Portugal to the UK last year to be closer to my elderly/sick parents. My husband, an EU national, remains in Portugal until we have sold the house (he'll then join me in the UK; we had plans to leave anyway).My ...
I was just worried about this interfering with my UK tax residency status... but I think that because I have NHR in Portugal, I just need to submit a tax return there indicating income earned and taxed in the UK, and that's it?The NHR is a tax ... Read More
Visa/NHR malarkey by Guest9248
I'm in a muddle. I relocated from Portugal to the UK last year to be closer to my elderly/sick parents. My husband, an EU national, remains in Portugal until we have sold the house (he'll then join me in the UK; we had plans to leave anyway).My ...
If you have given 'baixa' of the activity for tax purposes, you are not subject to additional taxes on it, but best to get an expert to look at your overall situation. It seems you are trying to get expert advice in a system you don't know mainly ... Read More
Visa/NHR malarkey by Guest9248
I'm in a muddle. I relocated from Portugal to the UK last year to be closer to my elderly/sick parents. My husband, an EU national, remains in Portugal until we have sold the house (he'll then join me in the UK; we had plans to leave anyway).My ...
Your solicitors advice that you stay resident until you sold the property - where does he get this? All you have to do is visit a tax office and advise of your new address, in the UK or elsewhere.You maybe subject to taxes when you sell your house, ... Read More
Visa/NHR malarkey by Guest9248
I'm in a muddle. I relocated from Portugal to the UK last year to be closer to my elderly/sick parents. My husband, an EU national, remains in Portugal until we have sold the house (he'll then join me in the UK; we had plans to leave anyway).My ...
Just to add, what puts me off visiting Portugal is the whole idea of having to count each day I'm there and fork out nearly half my income on PT tax and social security because of the "partial residence" rule... I gather for 2023 they've also ... Read More
Visa/NHR malarkey by Guest9248
I'm in a muddle. I relocated from Portugal to the UK last year to be closer to my elderly/sick parents. My husband, an EU national, remains in Portugal until we have sold the house (he'll then join me in the UK; we had plans to leave anyway).My ...
@Ansiosa If you are a legal resident, then you can come and go as you wish Read More
Visa/NHR malarkey by Guest9248
I'm in a muddle. I relocated from Portugal to the UK last year to be closer to my elderly/sick parents. My husband, an EU national, remains in Portugal until we have sold the house (he'll then join me in the UK; we had plans to leave anyway).My ...
@AnsiosaDear AnsiosaYou are mixing up different issues and getting totally muddled.I don't really advise on immigration issues - it is not my speciality. But, should you wish to renew you residency visa, specially as your husband being in Portugal - ... Read More
Do foreigners need a local guarantor to rent ? by marcus-bremen
Is it true, that foreigners need a local guarantor to rent an apartment in Portugal?
Not needed - it depends on the landlord. He / she can demand it or not. Same as anywhere else. Read More
Obtaining a "Certificado de Bagagem" for shipping household goods by AlanWPrice
We live near Atlanta and our daughter has recently bought a home near Lagos, Portugal. We have a number of items to ship to her and are told we need a certificate de baggage to ship these items which are her household goods. The Portuguese embassy ...
@donn25 The problem you will have is not registration with the police, is that you have to register with the customs authority as a resident. In practice, they don't want to change your address from abroad to Portugal until you have the residence ... Read More
Taxation by Grennellking
Hi I hope to move to Portugal next year 2020 when I will be 69 years and am an Irish citizen I would appreciate information on non habitual residency and on any agency or reliable accountant that might be able to help me. I have a state ...
@mpsmithobrien State pension is a government pension (as would be municipal or other government organisations) - in terms of the double tax treaty only the US may tax such pension Read More
Realtor misrepresentation re property sale by oarsman
dear all, I recently bought a house in Algarve - I asked for and was given a plot plan by the realtor, and subsequently my lawyer completed documentation without checking the actual boundaries. Turns out the plot plan was grossly misrepresented. do ...
In terms of what can or cannot be done with the property, cannot rely on verbal representations - restrictions etc should be registered against the title and also the law eg municipal plan for the area and other restrictions under national plans, ... Read More
How to correctly rent to fulfil NHR requirements by giada123
Olá a todos! I'm Giada, and my bf and I are going to move to Portugal soon; I'm a lusophile at heart, therefore a dream should be coming true! We've looked into NHR A LOT, and spoken to an accountant. Still, we would like to ...
Olá a todos! I'm Giada, and my bf and I are going to move to Portugal soon; I'm a lusophile at heart, therefore a dream should be coming true! We've looked into NHR A LOT, and spoken to an accountant. Still, we would like to ... Read More
How to correctly rent to fulfil NHR requirements by giada123
Olá a todos! I'm Giada, and my bf and I are going to move to Portugal soon; I'm a lusophile at heart, therefore a dream should be coming true! We've looked into NHR A LOT, and spoken to an accountant. Still, we would like to ...
Hi all, I am just reading this thread and I have a small question, which is related - if you don't mind: I am relocating with my family to Portugal in 2 weeks, we would like to buy an accommodation in the coming 6 months, so we would like to ... Read More
Working remotely by zsheffield
Hi All, I'm planning to move to the Algarve in September and toying with the idea of working remotely for a UK company. I've been reading some information but the more I read the more confusing it gets. Has anyone got any experience of ...
Tony, you seem to have some good insights! I work for a UK company and receive a salary but I now live in Portugal and have the NHR. I don't want to disrupt my UK employer and ideally wouldn't change anything. Two scenarios I see: 1) work ... Read More
Local/Resident willing to be tax representative? by Rubetues
Hi All, I’m a UK Portuguese citizen who acquired my citizenship through my father who was born in a former colony. I have only ever worked in the U.K. as a medical professional. After Brexit in order to keep my citizenship the tax office ...
It wouldn't, but the tax authority could issue a fine, but in my reading of the statutes, it would be difficult to stick. However, unless you are legally trained, might cost to fight this type of issue ie you might have to employ a lawyer to ... Read More
Local/Resident willing to be tax representative? by Rubetues
Hi All, I’m a UK Portuguese citizen who acquired my citizenship through my father who was born in a former colony. I have only ever worked in the U.K. as a medical professional. After Brexit in order to keep my citizenship the tax office ...
Would have to check with a lawyer, but that is not how I interpret the above extract of the law. Also article 19 14 of the Lei Geral tributária seems to point in the same way ie if you have subscribed to notifications through the ctt, except ... Read More
NHR and dividends by john629
Hi all, We would love to emigrate to Lisbon but we’re a bit confused about the tax situation. We run a small recruitment company from home and pay ourselves mostly in dividends. We anticipate maintaining the company in UK and paying ...
Hi John, Did you learn anything on your call? I'm also self-employed, running an online business where I earn income. By simply living in Portugal while running that business, is that income taxable by Portugal?Yes - unless incorporated - and ... Read More
Importing a car from California by ggriffin
Hello! We will be moving to Lisbon in the spring of 2022. I’ve heard different opinions about importing cars from the US. Has anyone done this? Is it better just to sell the cars and buy a new car in the EU?
Every new immigrant is allowed to bring their personal possessions that they have owned for at least 6 months, duty and tax free. This would included cars, boats, air planes etc. Of course the authorities will go through everything with a tooth ... Read More
NHR Portugal. What determines domiciliation and taxation start date? by Deuterion
I am from Switzerland, domiciling myself in Portugal. I have my FIN/NIF and a rental contract. I know that I should register my FIN/NIF with my new address in Portugal. Will this be the starting date for my Portuguese taxation? If not, what step ...
Thank you JohnnyPT for this complete answer that I read carefully. What I don't manage to figure out is: if I connect my NIF to the address of my Portuguese home rental, will I be considered as Portuguese resident from that very moment? And ... Read More
Portugal tax system - do we must declare all our assets in the world? by gerado990
Hello, I'm researching about acquiring a Portuguese citizenship through D7. I'm in the taxes phase of my research. If relevant, I'm not a citizen of US or EU. I have some financial accounts in the US. I came up with some questions to ...
@Gerardo Portugal does not really recognise trust structures and in fact sees these are more akin to 'fiduciary' structures - ie see through (which in fact it is what a trust is, though with very specific rules and a very big body of legal ... Read More
Portugal tax system - do we must declare all our assets in the world? by gerado990
Hello, I'm researching about acquiring a Portuguese citizenship through D7. I'm in the taxes phase of my research. If relevant, I'm not a citizen of US or EU. I have some financial accounts in the US. I came up with some questions to ...
So Portugal is okay with not knowing how much money you have in total? Are we sure about this? About NHR: As far as I know tax breaks are useless if you have active income or if you invest in equities. At best active income is at taxed at 20%. ... Read More
Portugal tax system - do we must declare all our assets in the world? by gerado990
Hello, I'm researching about acquiring a Portuguese citizenship through D7. I'm in the taxes phase of my research. If relevant, I'm not a citizen of US or EU. I have some financial accounts in the US. I came up with some questions to ...
Though foreign bank and brokerage accounts are declarable - balances are not reportable (as yet) Portugal offers tax breaks to foreigners settling in Portugal - read up on 'non habitual tax'So Portugal is okay with not knowing how much ... Read More
All about taxes for expats in Portugal by Diksha
Hi everyone, Taxation is an important subject, especially when you are an expatriate in Portugal. We would like to know what you think about the tax system in your host country. This could be helpful to other people preparing for expatriation in ...
At a minimum, I would suggest that, even for a simple tax return, that new immigrants, get at least their first return done by a professional. Also as there are some incentives (NHR), that it is best to get professional advice asap in order not to ... Read More
NHR and UK dividend tax by hazmog
I read [url=https://www.myguidealgarve.com/travel-articles/nhr-move-to-portugal-to-pay-little-to-no-tax-on-income]this article[/url] which seemed to say as a company director I would end up paying little to no tax on my income which is largely ...
Not nhr yet & rental income from ukYou have to request the NHR status - it is not automatic Read More
NHR and UK dividend tax by hazmog
I read [url=https://www.myguidealgarve.com/travel-articles/nhr-move-to-portugal-to-pay-little-to-no-tax-on-income]this article[/url] which seemed to say as a company director I would end up paying little to no tax on my income which is largely ...
Not nhr yet & rental income from ukRight - if you are on the ordinary regime, the rent can be at scale rates or 28% -your option. If you are on the nhr, then UK rentals (provided returns properly completed) will not be subject to tax for a ... Read More
NHR and UK dividend tax by hazmog
I read [url=https://www.myguidealgarve.com/travel-articles/nhr-move-to-portugal-to-pay-little-to-no-tax-on-income]this article[/url] which seemed to say as a company director I would end up paying little to no tax on my income which is largely ...
Hi, sorry to prolong this complicated conversation But, I have just been to my first accountancy meeting and have been told that I WILL have to pay 28% tax on my small rental income ( although its not enough to pay tax in the UK) in Portugal, which ... Read More
NHR with Portugal limited liability company by johnsmithshelby
I'm an American considering taking residency in Portugal as an NHR. I have been researching various aspects and ramifications of the NHR regime, and still haven't clarified a couple of issues so thought I would ask and see if anyone here has any ...
right Read More
NHR with Portugal limited liability company by johnsmithshelby
I'm an American considering taking residency in Portugal as an NHR. I have been researching various aspects and ramifications of the NHR regime, and still haven't clarified a couple of issues so thought I would ask and see if anyone here has any ...
Marketing consultant is not on the high value added activities - the code for a marketing executive is 2431 - look up cpp2010. At least do not describe yourself as such Read More
The Portuguese Non-Habitual Residents Tax Regime by JohnnyPT
In 2009 Portugal decided to create the non-habitual resident status, called NHR. The purpose of this new status is to attract foreigners with high value-added potential, such skilled employees or retirees. Registration as a “non-habitual ...
Foreign source dividends, interest, capital gains can be exempt from PIT if: The income can be liable to tax in the country of source, according to the applicable Tax Treaty or to the OECD Model Tax Convention; and • It is not deemed derived ... Read More
The Portuguese Non-Habitual Residents Tax Regime by JohnnyPT
In 2009 Portugal decided to create the non-habitual resident status, called NHR. The purpose of this new status is to attract foreigners with high value-added potential, such skilled employees or retirees. Registration as a “non-habitual ...
Foreign source dividends, interest, capital gains can be exempt from PIT if: The income can be liable to tax in the country of source, according to the applicable Tax Treaty or to the OECD Model Tax Convention; and • It is not deemed derived ... Read More
NHR and dividends by john629
Hi all, We would love to emigrate to Lisbon but we’re a bit confused about the tax situation. We run a small recruitment company from home and pay ourselves mostly in dividends. We anticipate maintaining the company in UK and paying ...
You have to take care on the management and control aspect - basically if you run a foreign company in Portugal, could be deemed that the company has a permanent establishment (aka branch) in Portugal. Branches are taxable. There are some basics ... Read More
Portugal tax system - do we must declare all our assets in the world? by gerado990
Hello, I'm researching about acquiring a Portuguese citizenship through D7. I'm in the taxes phase of my research. If relevant, I'm not a citizen of US or EU. I have some financial accounts in the US. I came up with some questions to ...
Though foreign bank and brokerage accounts are declarable - balances are not reportable (as yet) Portugal offers tax breaks to foreigners settling in Portugal - read up on 'non habitual tax' Read More
Tax on US Social Security Income by CBW123
We are currently residing in France but want to move to Portugal. We pay US income tax and although we file in France, we have not been required to pay additional taxes. I am having great difficulty trying to understand the situation in Portugal: ...
To be clear, I take it I can live full-time in Portugal without being NHR? IOf course you can, but having the nhr gives the tax payer options. If you are resident, and earn any income whatsover from whatever source, it should be disclosed. Read More
MEO unsubscription by Blessing82
Hi everyone, Please I need help on how to opt out from the weekly auto renewal plan of MEO network. Actually, I did not requested nor subscribed to any plan when I bought the sim card. But I was surprised as the network operator automatically ...
You can also block it at an ATM machine if this is done through a local bank account - follow the menus and instructions Read More
Hi all, Question about renting and NIF by knylps
Im driving down to stick a finger in the dirt and get a feel for Portugal to see if its for me to live there. As im from Denmark i think i can stay for 90 days without a visa (EU member) ? I want to rent a flat/townhouse for 2-3 months, and ...
Though you don't need a nif, it is required for example to enter into a long term lease, buy a motor car, buy property and other formal acts. If you rent short term accommodation, hotels, etc - no need to have a nif. Be aware that the right of ... Read More
golden visa by Nigel Camps
Hi Myself and my wife are looking at retiring buying a property and relocating to Gois next year, how do you tie in the purchase of the house and the golden visa, as the house cost over over 280000 euros ?
It is not a perception - but I understand your position - there is a lot of vested interests behind the GV and need to be careful not to stamp on some people's toes. Only exceptionally would I recommend the GV, but in the poster's concrete ... Read More
golden visa by Nigel Camps
Hi Myself and my wife are looking at retiring buying a property and relocating to Gois next year, how do you tie in the purchase of the house and the golden visa, as the house cost over over 280000 euros ?
If you are retiring in Portugal ie becoming a permanent resident - consider normal emigration - same paperwork as the GV and a lot cheaper. The GV is really more suited for an 'escape' place. ie somewhere to go to in an emergency situation Read More
The Portuguese Non-Habitual Residents Tax Regime by JohnnyPT
In 2009 Portugal decided to create the non-habitual resident status, called NHR. The purpose of this new status is to attract foreigners with high value-added potential, such skilled employees or retirees. Registration as a “non-habitual ...
If you read most, if not all double tax conventions, for the country of source to be able to validly tax salaries, there are three conditions, and they are cumulative. Here is the wording on the dependent clause of the UK Portugal double tax treaty ... Read More
The Portuguese Non-Habitual Residents Tax Regime by JohnnyPT
In 2009 Portugal decided to create the non-habitual resident status, called NHR. The purpose of this new status is to attract foreigners with high value-added potential, such skilled employees or retirees. Registration as a “non-habitual ...
1A. tax-exempt if foreign-sourced and effectively taxed at source, no matter at what rate; As I have pointed out before, this is not accurate. The legislation reads as follows: a) Sejam tributados no outro Estado contratante, em conformidade com ... Read More
declaring personal belongings at airport customs by nexfoto
Hi I'm a EU citizen and will be moving to PT from Asia and apart from the usual stuff like clothes I will be bringing some bigger computer and photography equipment. Everything is used and older than 12 months and will be put into a second ...
If you are moving to settle in Portugal, and to avoid any customs issues. you should request the nearest Portuguese consulate a 'lista de bagagem' (commonly known as a luggage manisfest - accompanying goods list) - they will charge a fee ... Read More
IMI Tax when buying a house by Wingover
Hi All, I am told that when you buy a house in Portugal you, as the buyer, have to pay the IMI at the end of the year, for the entire year even If you buy it late in the year like Oct-Nov time. Is it not common to share proportionally with the ...
The owner as at 31 December is responsible for the property tax in the following year Read More
NHR and UK dividend tax by hazmog
I read [url=https://www.myguidealgarve.com/travel-articles/nhr-move-to-portugal-to-pay-little-to-no-tax-on-income]this article[/url] which seemed to say as a company director I would end up paying little to no tax on my income which is largely ...
Ex. Income from property rental in UK etc is ONLY taxable in UK, cannot be remitted, but can be offset against your annual UK Tax allowances which can be retained even though you are no longer a UK Tax Resident. ie. If you rent out your home for 12 ... Read More
Notify Financas Not Resident by jwthompson239
Hello all, I obtained NHR in March 2020 but then went back to the UK during Covid so haven't been Portuguese fiscal resident between then and now. Can I notify the Financas of this myself? Or do I need a Fiscal Representative in Portugal to ...
You are supposed to have a fiscal representative, however if you a 'secure' email box (only ctt provides this in PT), and also if you have no tax liabilities besides income tax (eg property taxes, vehicle taxes, etc in which case the ... Read More
NHR and UK dividend tax by hazmog
I read [url=https://www.myguidealgarve.com/travel-articles/nhr-move-to-portugal-to-pay-little-to-no-tax-on-income]this article[/url] which seemed to say as a company director I would end up paying little to no tax on my income which is largely ...
The quality of Portuguese "tax advisors" I keep being referred to is very variable: -no requirement for authorisation -give different advice for the same question -no service agreement so what is their liability to me if they misadvise ... Read More
Local/Resident willing to be tax representative? by Rubetues
Hi All, I’m a UK Portuguese citizen who acquired my citizenship through my father who was born in a former colony. I have only ever worked in the U.K. as a medical professional. After Brexit in order to keep my citizenship the tax office ...
Have a look at article 19 of the LGT (Lei geral Tributaria) specifically 19-9 and 10 - you might have some joy - follow the procedures - do it by registered post with proof of posting. Law available on the AT web site Read More
NHR and UK dividend tax by hazmog
I read [url=https://www.myguidealgarve.com/travel-articles/nhr-move-to-portugal-to-pay-little-to-no-tax-on-income]this article[/url] which seemed to say as a company director I would end up paying little to no tax on my income which is largely ...
https://caad.org.pt/tributario/decisoes For Supreme court decisions - these are much more laborious, and will have to look at each supreme court's data base. There are some publications that summarise cases - I don't subscribe to them Read More
NHR and UK dividend tax by hazmog
I read [url=https://www.myguidealgarve.com/travel-articles/nhr-move-to-portugal-to-pay-little-to-no-tax-on-income]this article[/url] which seemed to say as a company director I would end up paying little to no tax on my income which is largely ...
Any time you move you should advise the tax authorities - this is normally a requirement in most legal systems Read More
NHR and UK dividend tax by hazmog
I read [url=https://www.myguidealgarve.com/travel-articles/nhr-move-to-portugal-to-pay-little-to-no-tax-on-income]this article[/url] which seemed to say as a company director I would end up paying little to no tax on my income which is largely ...
Have you changed your tax address to the UK? Read More
NHR and UK dividend tax by hazmog
I read [url=https://www.myguidealgarve.com/travel-articles/nhr-move-to-portugal-to-pay-little-to-no-tax-on-income]this article[/url] which seemed to say as a company director I would end up paying little to no tax on my income which is largely ...
There is a way around it if you still have not become a tax resident - you can set out your case and request a prior tax ruling Read More
NHR and UK dividend tax by hazmog
I read [url=https://www.myguidealgarve.com/travel-articles/nhr-move-to-portugal-to-pay-little-to-no-tax-on-income]this article[/url] which seemed to say as a company director I would end up paying little to no tax on my income which is largely ...
I have done a check on all the decisions in the arbitral court relating to non habitual status - no cases have come up relating to UK dividends, one case with Brasilian dividends which went against taxpayer - did not present adequate proof (original ... Read More
NHR and UK dividend tax by hazmog
I read [url=https://www.myguidealgarve.com/travel-articles/nhr-move-to-portugal-to-pay-little-to-no-tax-on-income]this article[/url] which seemed to say as a company director I would end up paying little to no tax on my income which is largely ...
There is a tax court though it is not called such, but it is in effect one, though taxpayers have the option of using it or go through normal courts. If a taxpayer invokes this arbitration, the tax authority has to accept its rulings expect in rare ... Read More
NHR and UK dividend tax by hazmog
I read [url=https://www.myguidealgarve.com/travel-articles/nhr-move-to-portugal-to-pay-little-to-no-tax-on-income]this article[/url] which seemed to say as a company director I would end up paying little to no tax on my income which is largely ...
Superior court cases and arbitration court cases are generally published - but there is not an easy to use overall database - at least free. I monitor all nhr cases taken on arbitration (really tax court) using search words, though I have not done ... Read More
NHR and UK dividend tax by hazmog
I read [url=https://www.myguidealgarve.com/travel-articles/nhr-move-to-portugal-to-pay-little-to-no-tax-on-income]this article[/url] which seemed to say as a company director I would end up paying little to no tax on my income which is largely ...
Another issue in the 'dividend' game, is that it is likely in the majority of 'personal' companies, that these are not properly set up to resist challenges - ie if they are managed and controlled from Portugal, then effectively they ... Read More
NHR and UK dividend tax by hazmog
I read [url=https://www.myguidealgarve.com/travel-articles/nhr-move-to-portugal-to-pay-little-to-no-tax-on-income]this article[/url] which seemed to say as a company director I would end up paying little to no tax on my income which is largely ...
I have seen other parts of the nhr being misapplied - so it is entirely likely what you say, and only the courts can resolve this. However, through personal knowledge, in respect of the dividends, I have never seen it applied in the way described Read More
NHR and UK dividend tax by hazmog
I read [url=https://www.myguidealgarve.com/travel-articles/nhr-move-to-portugal-to-pay-little-to-no-tax-on-income]this article[/url] which seemed to say as a company director I would end up paying little to no tax on my income which is largely ...
Additional Info. NHR in Portugal: Passive incomes (interest, dividends and royalties) obtained outside Portugal, may be taxed in the countries of origin, but tax must not exceed the reduced rates established in the tax agreements signed between ... Read More
NHR and UK dividend tax by hazmog
I read [url=https://www.myguidealgarve.com/travel-articles/nhr-move-to-portugal-to-pay-little-to-no-tax-on-income]this article[/url] which seemed to say as a company director I would end up paying little to no tax on my income which is largely ...
Cases that do go to court are usually where the both the tax authority and the taxpayer think that they have a case. In this case, the language is quite simple (but no guarantee that there is no issue). In the calculation you have made, you are ... Read More
NHR and UK dividend tax by hazmog
I read [url=https://www.myguidealgarve.com/travel-articles/nhr-move-to-portugal-to-pay-little-to-no-tax-on-income]this article[/url] which seemed to say as a company director I would end up paying little to no tax on my income which is largely ...
The legislation is clear - there is no ifs or buts - this is what is in the law: Article 81 - 5 - 3 a) Possam ser tributados no outro Estado contratante, em conformidade com convenção para eliminar a dupla tributação celebrada ... Read More
How long does an expat have to bring their car from the UK by paulinesumner
Hi all, Is it possible to bring your own car to Portugal and matriculate it after a year ? At the end of 2020 I signed up for residency (paniced). I have jow come back to the uk to sort everything out here but its taking longer than expected so I ...
Some of the details in the forum post are out of date - I have not gone through it in detail, but for example, the previous ownership requirement is only 6 months (instead of the 12 months as posted) Read More
Working remotely by zsheffield
Hi All, I'm planning to move to the Algarve in September and toying with the idea of working remotely for a UK company. I've been reading some information but the more I read the more confusing it gets. Has anyone got any experience of ...
Yes - you will be subject to Portuguese income tax - see article 15 of the Portugal / UK double tax treaty. Also request a no tax code from HMRC (or else claim the tax on the annual tax return) Read More
Moving OUT of Portugal, BACK to the UK by Colin_Tina
Having lived in Portugal for around 4 years, I regret my employers have now insisted I move back to the UK. I have sold my house in Portugal and found a courier to bring back the personal belongings I took out there 4 years ago but have discovered ...
No export tax, but you may have an import tax from UK side. Don't forget to submit tax returns on the sale of your PT property Read More
How long does an expat have to bring their car from the UK by paulinesumner
Hi all, Is it possible to bring your own car to Portugal and matriculate it after a year ? At the end of 2020 I signed up for residency (paniced). I have jow come back to the uk to sort everything out here but its taking longer than expected so I ...
One year - beginning to end Read More
Car Registration on Portuguese Plates ? by almirantereis
Has anyone attempted to re register on Portuguese number plates a car brought in from outside the EU ? Anyone have a solid recommendation for an Agência that does this work for a reasonable fee, and especially if they have done it recently, ...
I suggest you use ACP - the Portuguese automobile association. The procedures for non EU cars exactly the same as for EU source cars under the relocation scheme - but I suggest the vehicle is added to the 'lista de bagagem' (goods manisfest) ... Read More
How much tax will I pay as a self-employed? by illerrre
Hi guys, I've read around some, but taxes can be a bit of a jungle so I'd rather ask here and get help from someone who can give me a straight answer. My yearly income varies, but it's around €30,000. In Malta where i live now I ...
In Madeira, if you are self employed, but subject to some variables, your tax bill would be around €4800. Social Security as from 13th month - 70% x 21.4% - effectively 15% of invoiced amount. If working for a 'boss' - 11% by the ... Read More
NHR Portugal for Canadian by Wingover
Hello All, I read some of the topics here on the NHR. I am an executive of a Canadian company with offices in Canada, USA and UK. I am considering moving to Portugal to oversee the growth of the company in the EU. My salary and yearly bonus are ...
The 10% applies to pensions. Salaries and self employment income 20% tax rate on approved occupations - there is a published list. Rental income, dividend income, interest income - mostly tax free in Portugal if income from abroad. Portuguese ... Read More
Car Registration on Portuguese Plates ? by almirantereis
Has anyone attempted to re register on Portuguese number plates a car brought in from outside the EU ? Anyone have a solid recommendation for an Agência that does this work for a reasonable fee, and especially if they have done it recently, ...
Try the Portuguese Automobile Club - ACP Read More
Buying a property in Portugal by UKMark
Hi, I will be looking to buy a property at some point in the next 12 months. I was told recently by someone that a lot of properties in Portugal at not Freehold and that you are effectively leasing/renting the land. I've done some research about ...
A buyer is not responsible for tax debts unless it is registered against the title deeds of the property. The comment on illegal additions - this is a real problem as often extensions and additions are made and not registered with the local ... Read More
succession et habilitaçao de heredeiros
One crucial step missing in the above steps - a tax declaration (inventory) needs to be made at the tax office - at least a listing of all bank balances, properties, motor car etc - ie anything that has a registration and / or custodian - ... Read More
The Portuguese Non-Habitual Residents Tax Regime by JohnnyPT
In 2009 Portugal decided to create the non-habitual resident status, called NHR. The purpose of this new status is to attract foreigners with high value-added potential, such skilled employees or retirees. Registration as a “non-habitual ...
You should not put the question like that. You can apply for NHR status if you meet the conditions mentioned throughout this discussion. Obviously, having a high value added activity is not one of the conditions for applying for NHR status. But, if ... Read More
The Portuguese Non-Habitual Residents Tax Regime by JohnnyPT
In 2009 Portugal decided to create the non-habitual resident status, called NHR. The purpose of this new status is to attract foreigners with high value-added potential, such skilled employees or retirees. Registration as a “non-habitual ...
Anybody who was not tax resident in the previous 5 years (tax) and becomes a resident may apply for this status - whether it is beneficial or not, would depend on individual circumstances - but also take into account that individual circumstances ... Read More
The Portuguese Non-Habitual Residents Tax Regime by JohnnyPT
In 2009 Portugal decided to create the non-habitual resident status, called NHR. The purpose of this new status is to attract foreigners with high value-added potential, such skilled employees or retirees. Registration as a “non-habitual ...
This is a mistranslation of the original legislation (or the translator did not understand the subtleties)- this is an extact of what is in the tax website (AT): a) Sejam tributados no outro Estado contratante, em conformidade com ... Read More
The Portuguese Non-Habitual Residents Tax Regime by JohnnyPT
In 2009 Portugal decided to create the non-habitual resident status, called NHR. The purpose of this new status is to attract foreigners with high value-added potential, such skilled employees or retirees. Registration as a “non-habitual ...
It might be beneficial to utilise the 'nhr' provisions Read More
The Portuguese Non-Habitual Residents Tax Regime by JohnnyPT
In 2009 Portugal decided to create the non-habitual resident status, called NHR. The purpose of this new status is to attract foreigners with high value-added potential, such skilled employees or retirees. Registration as a “non-habitual ...
Everywhere governments are looking for extra revenues - so they tighten up for possible tax avoiders. If you are resident in Portugal you can obtain documents to satisfy the Slovak authorities Read More
The Portuguese Non-Habitual Residents Tax Regime by JohnnyPT
In 2009 Portugal decided to create the non-habitual resident status, called NHR. The purpose of this new status is to attract foreigners with high value-added potential, such skilled employees or retirees. Registration as a “non-habitual ...
This is a tax status, and has to be specifically requested (will be granted if taxpayer qualifies) Read More
The Portuguese Non-Habitual Residents Tax Regime by JohnnyPT
In 2009 Portugal decided to create the non-habitual resident status, called NHR. The purpose of this new status is to attract foreigners with high value-added potential, such skilled employees or retirees. Registration as a “non-habitual ...
- Employment income obtained outside Portugal is not subject to taxation in Portugal if taxed in the country of origin; This is not entirely correct - please see original law: 81 4 - Aos residentes não habituais em território ... Read More
NHR and UK dividend tax by hazmog
I read [url=https://www.myguidealgarve.com/travel-articles/nhr-move-to-portugal-to-pay-little-to-no-tax-on-income]this article[/url] which seemed to say as a company director I would end up paying little to no tax on my income which is largely ...
Depends. You need to read the tax-treaty between Portugal and the UK. If you live in Portugal for the majority of the tax year (so > 183 days), then you will be assessed there on your world-wide income; however, things like UK Government ... Read More
NHR and UK dividend tax by hazmog
I read [url=https://www.myguidealgarve.com/travel-articles/nhr-move-to-portugal-to-pay-little-to-no-tax-on-income]this article[/url] which seemed to say as a company director I would end up paying little to no tax on my income which is largely ...
The rent is not entirely accurate - this only endures whilst on the nhr - post 10 years the rental will be taxable in Portugal as well - credit given for the tax paid in the UK up to the Portuguese tax charge (on the rent). Whether the rent is ... Read More
NHR and UK dividend tax by hazmog
I read [url=https://www.myguidealgarve.com/travel-articles/nhr-move-to-portugal-to-pay-little-to-no-tax-on-income]this article[/url] which seemed to say as a company director I would end up paying little to no tax on my income which is largely ...
For one of two reasons: Made hazzy so that your apply for a consultancy The source of the post did not know how to explain it in simple terms Read More
Local/Resident willing to be tax representative? by Rubetues
Hi All, I’m a UK Portuguese citizen who acquired my citizenship through my father who was born in a former colony. I have only ever worked in the U.K. as a medical professional. After Brexit in order to keep my citizenship the tax office ...
I have posted the law above - you need to have a secure email, only CTT offers this in Portugal. Then request the tax authority to do it for you as per the extract of the law above - once you have the secure email box If you are liable for any ... Read More
NHR and UK dividend tax by hazmog
I read [url=https://www.myguidealgarve.com/travel-articles/nhr-move-to-portugal-to-pay-little-to-no-tax-on-income]this article[/url] which seemed to say as a company director I would end up paying little to no tax on my income which is largely ...
Not necessarily - on a £12000 salary, there would be some taxes. The dividend would be tax free on your plan. Read More
Local/Resident willing to be tax representative? by Rubetues
Hi All, I’m a UK Portuguese citizen who acquired my citizenship through my father who was born in a former colony. I have only ever worked in the U.K. as a medical professional. After Brexit in order to keep my citizenship the tax office ...
https://info.portaldasfinancas.gov.pt/pt/informacao_fiscal/codigos_tributarios/lgt/Pages/lgt19.aspx paragraph 14 specifically 14 - A obrigatoriedade de designação de representante fiscal ou de adesão à caixa postal ... Read More