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Did you know owning property in Portugal means paying annual property tax rates? These rates range from 0.3% to 0.45% for urban and 0.8% for rural properties. The Portuguese call this annual property tax Imposto Municipal sobre Imóveis (IMI). Property owners must pay...
The tax rate in Portugal for expats spans from 13.25% to 48% for high earners. This significant range reflects the country’s progressive tax system that affects international residents differently based on income levels and tax status. Portugal remains one of Europe’s...
Portugal stands out at both the European and global levels as one of the most progressive countries in recognising and protecting the rights of LGBTQI+ individuals. This article offers an in-depth analysis of the legal, social, and institutional framework surrounding...
Retiring abroad has become an increasingly attractive option for UK citizens seeking a higher quality of life, better weather, and more favourable tax conditions. Portugal consistently ranks near the top among the many European destinations that offer these benefits....
Living in Madeira as an expat comes with its unique charm and tax responsibilities. Understanding Portugal's tax deductions is essential for maximising savings when filing your IRS return. Here’s a comprehensive breakdown of key deductions expats should know: Table of...