Portugal is immensely popular among British expats; after all, the country is UK's oldest ally. The number of British citizens is around 46.280, and the Autonomous Region of Madeira is one of the most preferred regions in Portugal by the British. The reasons why...
Personal Income Tax
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Taxes in Portugal for Expats: the Best Guide in 2022
Taxes in Portugal for expats are, for many, a dream come true. In fact, under the Non-Habitual Resident (NHR), taxes in Portugal for expats are considerably lower. The NHR scheme is the special Portuguese taxation regime applicable to the foreign income of natural...
Taxation in Madeira: from a Personal and Corporate Perspective
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...
How to Move to Portugal: The Ultimate Guide
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...
Expats in Portugal – What should you be Aware
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...
Tax advisors or a tale as old as time
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...
What is the Best Place to Live in Portugal in 2022? Our Recommendation
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? Learn how to live tax free in Portugal with NHR
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...
Aggressive Tax Planning
Although tax planning can be legitimate under Portuguese law, the distinction between legitimate and illegitimate tax planning is blurred and depends on the interpretation and/or discretion of the tax administration. As a legitimate action, tax planning is the...
Accountant in Madeira: Top 4 Reasons for Having one
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...