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...
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Portugal Expat Tax
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...
Portugal Golden Visa Changes
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: 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...
Portugal Expat Tax
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...
Getting Residency Right in Madeira Island
When it comes to relocating to Madeira Island (or Portugal), confusion arises among expats between residency for taxation purposes and residency for immigration purposes. Although both concepts are closely related to one another, one does not necessarily imply the...
Digital Nomads in Madeira
Madeira offers the perfect conditions to attract digital nomads with its natural beauty, nature activities, culture and fantastic climate conditions all year round. What can Digital Nomads in Madeira Island benefit from? With reduced taxation, adequate...
British Expats in Portugal beware
More often than not, British expats in Portugal (Madeira Island included) face warnings from our tax advisors regarding the compliance of their income structure with the Portuguese Personal Income Tax Code in general and the Non-Habitual Resident scheme in particular....
Is Portugal a Crypto Tax Haven?
First and foremost, it is essential to understand that 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...
Buying Real Estate with Crypto in Portugal
Buying real estate with crypto in Portugal: is it possible? Although there are already some websites where you can "buy and sell" real estate using crypto-currencies, including some options located in Portugal, and although this type of business has already been...