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One of the first questions expats ask when considering a move to Madeira is: “Do you pay tax in Portugal?” The short answer is yes, but how much and on what income depends entirely on your residency status. In this article, we break down what taxes apply to residents...
Moving to Portugal, more precisely to Madeira, is a dream for many expats. But before settling into your island life, it’s crucial to understand how the tax system works. This guide offers a practical checklist that simplifies taxes in Portugal for foreigners, so you...
If you’re an expat considering a move to Madeira, Portugal’s updated tax program—NHR 2.0—might be the opportunity you’ve been waiting for. Designed to attract highly qualified professionals, researchers, and entrepreneurs, this new regime offers compelling tax...
In Portugal, the Municipal Property Transfer Tax (IMT) is generally due for consideration whenever a property is acquired. However, savvy real estate investors may qualify for a Municipal Property Transfer Tax Exemption—provided they meet specific legal conditions...
Local Accommodation Taxation in Madeira is a topic of growing interest among property owners and investors in the region. With Madeira’s flourishing tourism sector and favourable tax conditions, many are considering how best to structure their local accommodation...