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The Golden Visa Portugal program, a residence by investment scheme initiated by the Portuguese Government in 2021, allows non-EU/EEA citizens to acquire Portuguese residency through investment, not only for the main applicant but also for their family. The most...
Acquisition of property in Madeira is an excellent opportunity for investors looking into obtaining the Portuguese Golden Visa. According to the latest real estate market statistics provided by Portugal's leading property sale and rental website Idealista. Property...
Personal Income Tax Freelancers (or digital nomads) wishing to relocate for an extended period, more than 183 days may be liable to Portuguese personal income tax on their worldwide income. Exploring the Non-Habitual Tax Resident (NHR) route may be an option that one...
Relocating to Madeira (your dream island) is a simple process, and there are three things that you need to take into account before moving, so no mistakes are made. First and foremost, one must understand that residency entails two aspects: tax and immigration. The...
After thoughtful consideration (or maybe on impulse, like some of our clients who have fallen immediately in love with the island), you are buying a home in Madeira. As lawyers and accountants, our team understands that investing in property is always a financial...
Accounting rules Corporate tax on crypto currencies is not as complex, as in the case with the Portuguese personal income tax. First and foremost, one must first consider that, currently, there are no specific accounting rules for crypto assets. Furthermore, in the...
Living in Madeira presents one with an array of lifestyle possibilities and very different warm and mild microclimates that are attractive to expats and that cater to their needs regardless of their countries of origin. Part of the Macaronesian region, Madeira Island...
In September 2009 Portugal introduced the Non-Habitual Resident (NHR) scheme, in other words, its own Expat Tax Regime. Under the NHR scheme, expats can invoke special taxation rights (benefits), for a consecutive ten-year period, on their foreign and Portuguese...
In 2021 the Portuguese Government introduced a new policy concerning the residency by investment program. The Portugal Golden Visa changes will take effect on January 1st 2022. These changes are expected to alleviate real estate market prices in the coastal...
Portugal: A Crypto Tax Mess Portugal has no tax legislation (crypto tax) nor provisions on cryptocurrencies and crypto-assets. Given this current absence of tax legislation on crypto assets, the Portuguese Tax and Customs Authority (AT) has issued a tax ruling on the...