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Overview of the Portuguese Pension System The Centro Nacional de Pensões (CNP) primarily manages the Portuguese pension system under Segurança Social, the national social security organisation. It comprises two main components: Contributory Pension: An...
Relocating to Madeira offers more than breathtaking ocean views and a relaxed island lifestyle - it presents a unique opportunity for high-income earners to optimise their global financial strategy. Whether you’re a digital nomad, a remote executive, or an investor,...
Investors in Portugal must understand how business taxable income in Portugal is calculated and taxed. Portugal offers a transparent yet somewhat complex tax environment. Notwithstanding this, small and medium-sized enterprises (SMEs) and international businesses...
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...
What are the tax tips for high-income earners considering Portugal? First and foremost, effective relocation to anywhere in Portugal, including the serene island of Madeira, the Pearl of the Atlantic, requires planning to avoid unpleasant surprises. However, for...
Are you thinking about relocating to the Portuguese island paradise of Madeira? Whether planning a short visit or setting up a new life under the Atlantic sun, understanding the Schengen Area is key. It’s more than just a European travel zone — it’s a gateway to...