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Portugal’s non-habitual resident regime still offers tax appeal

Portugal’s non-habitual resident regime still offers tax appealDespite upcoming reform, Britons moving to Portugal can still enjoy ten years of tax benefits under the special NHR scheme.

Many people move to the Algarve for a lifestyle change or to enjoy some sunshine in their retirement years. But Portugal also offers much wider appeal, as new residents can receive a decade of generous tax breaks through the non-habitual residence (NHR) regime.

Fresh Insights To Make Progress Toward Your Long Term Financial Goal

Fresh Insights To Make Progress Toward Your Long Term Financial GoalMoney is one of the hardest, but most important things to master. It is barely taught about in schools and what they do teach will not set you up for the big wide world of finance. If you are like me, you are thinking about your future, primarily how you are going to afford your future. If you have a large number of outgoings this can be a long and grueling task. It was for me, and because of that, I have come up with some insights to make your journey that much easier.

The Do's and Don'ts In The Currency Exchange Business

The Do's and Don'ts In The Currency Exchange BusinessWe are all caught in the frenzy of life, working diligently and vigorously in different fields and industries. While some industries may be forgiving and patient with mistakes, others may not be as patient or at all forgiving. This is mostly because of the losses that might occur in some industries, like the foreign exchange market, which would not be as costly in others. For that reason, a strict code of conduct should be followed, and some do’s and don’ts that will protect you from great losses. If you are keen to know some of these do’s and don’ts, read on!

Portugal’s burgeoning ‘Sharing Economy’ to redefine lifestyle of future generations, according to experts

Portugal’s burgeoning ‘Sharing Economy’ to redefine lifestyle of future generations, according to expertsPortugal's burgeoning 'sharing economy' has unlimited potential to enhance and redefine the lifestyle of future generations – but demands new solutions to promote long-term financial security, according to experts.

A brainstorming ‘think-tank’ hosted by the British Portuguese Chamber of Commerce (BPCC) brought together international business leaders from the co-living, co-working, construction, property and international investment sectors. It involved delegates from Russia, Australia, Germany, Tunisia, Brazil and Angola alongside British and Portuguese counterparts.

Five questions to help future-proof your legacy

17330It is likely you have put a lot of thought into your financial planning to set you up for the life you want. Have you done the same for your future heirs through careful estate planning? If so, is it up-to-date?

Writing your will is by no means the only step. Cross-border estate planning is complex and there are various things expatriates in Portugal should consider, including local succession law, taxation and wealth management across generations. A good start is asking yourself some key questions.

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