As experienced accountants in Madeira Island, Portugal, we have seen firsthand how Portuguese taxes can look overwhelming to expats. We have also assisted said expats in maximizing tax savings for them and their businesses. The Portuguese tax system can be complex,...
Portugal Dividend Tax: What You Need to Know for 2023
As an investor in Portugal, it's essential to understand the country's dividend tax system. The Portugal dividend tax is a tax on dividends paid to shareholders of Portuguese companies. The tax is levied on the gross amount of the dividend paid and is deducted at...
Portugal NHR Tax Program: How to Maximize Savings
In this article, we will provide a comprehensive guide on everything you need to know about Portugal NHR tax program, including its benefits, the taxes it covers, and expert tips for maximizing your savings. As tax advisors, we have seen many clients seek ways to...
Opening Portuguese Bank Account for non residents: a guide
Opening a Portuguese bank account for non-residents may seem daunting, but it doesn't have to be. In this article, we will guide you through the process of opening a Portuguese bank account, from why you should do it to the requirements, documents needed, types of...
Do Freelancers Pay Taxes in Portugal: What You Need to Know
Do freelancers pay taxes in Portugal? This is a question we get asked a lot. As a freelancer in Portugal and Madeira Island, understanding tax compliance is essential to avoid penalties or legal issues. In this article, I will guide you through the basics of tax...
Portugal NHR for US Citizens: A Guide to Unlocking the Benefits
As a US Citizen, you may have heard about the Non-Habitual Residency (NHR) program in Portugal. Portugal NHR program aims to attract foreign taxpayers by offering tax benefits. In this guide, I will explain what Portugal NHR is, who is eligible for it, its benefits,...
Portugal NHR Program: A Guide
Portugal’s tax incentives and beautiful location make it the perfect destination for those who want to relocate or retire in Europe. As tax advisors, we have witnessed firsthand the growing popularity of the Portugal Non-Habitual Residency (NHR) program among foreign...
Tax as a Freelancer in Portugal: Navigating Bureaucracy
As a freelancer in Portugal, it is essential to understand the tax laws and regulations to ensure that you are compliant and able to maximize your earnings. In this article, I will guide you through the taxation system for freelancers in Portugal, the types of taxes...
The Essential Guide to Income Tax in Portugal: Everything You Need to Know
Taxation is a complex topic, especially when it comes to international taxes. Portugal is no exception. Foreigners and residents must pay income tax in Portugal, which can be confusing. This guide will provide you with an overview of Portuguese income tax so you can...
Retiring in Portugal Pros and Cons for Expats in 2023: Planning Ahead
Retiring in Portugal (and Madeira Island) is becoming an increasingly popular option for expats, and it's easy to see why. With their beautiful climate, diverse culture and low cost of living, Portugal and Madeira Island are ideal retirement destinations. But before...