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Madeira has an island, and the outmost region of the European Union attracts expats who are willing to live and invest in Madeira. Given this tendency, due in part to many factors and the safe haven that the island was during the pandemic, we at MCS decided to launch...
In Portugal, a country viewed as a tax haven for investors in this industry, crypto-assets, including cryptocurrencies, will be subject to taxation. Current law does not allow for personal income tax to be levied on the sale of crypto-assets unless some conditions are...
Golden Visa delays Investors across the Portuguese territory are experiencing Golden Visa delays. Since the beginning of this year, Portugal's Golden Visa application processes have been stopped. The computer system was blocked by an administrative decision of the...
Crypto tax in Portugal and Madeira under analysis Recent developments are expected concerning crypto tax in Portugal and Madeira. The Portuguese Tax and Customs Authority (AT) is investigating, under orders issued in 2021 by the Secretary of State for Tax Affairs of...
New cryptocurrency tax in Portugal on the horizon? Cryptocurrency tax in Portugal is looming, and it might occur sooner rather than later. Although the current tax regime on cryptocurrency is not transparent, many understand Portugal to be a tax haven for crypto...
Portugal Crypto Tax: Absence of Law Portugal has no tax legislation (crypto tax) nor provisions on cryptocurrencies and crypto-assets. Further to the current absence of tax legislation on crypto assets, the Portuguese Tax and Customs Authority (AT) has only issued a...
Offshore company formation in Madeira Island (Portugal) has never been easier. Still, before you jump into it, we provide you with five tips that will make you better understand Portugal’s most tax-efficient jurisdiction. The Madeira International Business Center...
Taxation in Portugal is levied by both the national government and by the regional governments of the Autonomous Regions of Azores and Madeira. Understanding how corporate taxation is levied at the national and regional level is important, especially when your...
There is currently no Portugal Citizenship by Investment program. Instead, the Portuguese Government has opted to roll out a residency by investment program tied to an optional path for acquiring citizenship. This residency by investment program (plus optional...
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...