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As tax advisors since 1995, we have heard our fair share of tales as old as the time of expats relocating to Portuguese territory for immigration and tax purposes, ending up not complying with Portuguese tax law and therefore facing unpleasant surprises (penalties,...
The risk of a real estate bubble in Portugal (and Madeira Island) exists. The conclusion is from Bloomberg after an analysis carried out on 19 OECD countries, including Portugal, and taking into account factors such as the house price-to-rent ratio, the house...
Portugal, and the Autonomous Region of Madeira, are popular destinations among expats due to the Non-Habitual Resident Tax scheme. Access to the 10-year tax holiday entails fulfilling certain requirements from an immigration and income structure standpoint. 1. You...
Madeira has an island, and the outmost region of the European Union attracts expats who are willing to live and invest in Madeira. Given this tendency, due in part to many factors and the safe haven that the island was during the pandemic, we at MCS decided to launch...
Crypto tax in Portugal and Madeira under analysis Recent developments are expected concerning crypto tax in Portugal and Madeira. The Portuguese Tax and Customs Authority (AT) is investigating, under orders issued in 2021 by the Secretary of State for Tax Affairs of...