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Many expats are considering buying a house in Portugal, mainly on Madeira Island. The following post will explain why one should invest in real estate in Portugal and Mant residence. Some of the least expensive major cities in Europe include Lisbon and Funchal. Due to...
The Portugal D7 Visa requirements are several, as this type of visa allows foreign citizens who wish to reside in Portugal (either as retirees or living out of their income), regardless of age, the entrance in Portugal to obtain a residence permit. Applicants wishing...
After deep examination (or perhaps on instinct, like several of our clients who have fallen instantly in love with the island), you have decided to purchase real estate in Madeira island, the Pearl of the Atlantic. As attorneys and accountants, our team knows that...
Expats in Madeira face several relocation matters that need to be addressed by local experts; most of the time, taxation in Madeira is one of them. After all, relocation as an ex-pat will involve some level of bureaucracy to a degree. In this short blog post, we will...
Most expats reaching out to us wonder how to move to Portugal effectively and what steps one must take from an immigration and taxation standpoint. Our team of professionals (lawyers, accountants and economists) have come up with four steps that one needs to go...
Relocating to another country is a major life change that sometimes can be stressful, and the same is true for expats in Portugal. There are several legal and administrative procedures that one should be aware of to ensure the transition occurs as smoothly as...
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, when it comes to personal income taxation, and...
The best place to live in Portugal is the Autonomous Region of Madeira (Madeira and Porto Santo islands). Do you ever ponder what life is like in Madeira? Let’s begin at the beginning: World Travel Awards has named Madeira Island, Portugal, the “World’s Leading Island...
Is Portugal tax-free? Does the NHR scheme exempt one from paying taxes in Portugal? The NHR is the unique personal income tax system applied to the foreign income of natural persons in Portugal. This program is developed specifically for those who aspire to relocate...
If one is considering settling in Madeira Island, or already settling as a resident, then one must hire an accountant in Madeira. Did you know that you might be liable to tax reporting obligations and potentially tax patients as a legal resident? 1. Obtaining tax...