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Preparing for a successful move to Madeira implies long-term planning and understanding of the implications of relocation. Our team of professionals has assisted many expats over the years. From experience, 90% of them do not plan their move to Madeira properly or...
The amendment to the Personal Income Tax (IRS) Code that the State Budget Law established for 2022 (no. 12/2022, of 27 June) makes it mandatory to aggregate income from capital gains on securities when the assets in question have been held for less than 365 days, and...
To invest in Portugal for Citizenship is not an option, as the country does not offer a citizenship-by-investment program. However, the country currently offers a program known as the Golden Visa (residency-by-investment), which allows high-networth foreigners...
As one of the world's most sought-after destinations, many wonder if buying a house in Portugal is a good investment. Its warm weather, breathtaking landscapes, connections to Europe and Portuguese-speaking countries, and attractive tax regime make it the choice of...
The war initiated by Russia against Ukraine is affecting Ukrainians and Russians in Portugal. Given this, our team at MCS has prepared the following piece of information concerning Ukrainians and Russians in Portugal and what they should expect should they decide to...
During the WebSummit, the Portuguese Prime Minister announced that his Government would be analysing the ending of the Golden Visa. The Prime Minister, and later the Minister of Home Affairs, argued that the residency by investment program "had served its purpose, and...
Who and in which circumstances may one acquire Dual Citizenship? Before considering Portuguese Dual Citizenship, one must first understand that Portugal is a jurisdiction which follows two criteria in the attribution of citizenship: at birth which is known as Jus...
Through the Portuguese Patent Box, companies, particularly those in the Information Technology industry, and the creators/owners of software can reduce their tax burden. The Portuguese Patent Box is a tax incentive that intends to lower by 85% for calculating taxable...
Portugal might be the last country to consider when incorporating a holding company. However, like numerous nations, Portugal also has tax incentives for holding corporations in their tax systems. The purpose is to minimise double taxation of the revenue typically...
Portugal Crypto Tax in 2023 ought to become a reality. "The Portuguese Government determines in the draft State Budget for 2023 that capital gains obtained with crypto assets "held for less than a year" will now pay a rate of 28% "without prejudice to the aggregation...