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US dollar nosedives boosting the pound

Coronavirus uncertainty rocks currency markets in AprilStaying on top of the latest currency news can help you time your transfers more effectively, so find out what you should be looking out for over the next couple of weeks…

Will UK assets invite a bigger tax bill after Brexit?

WILL UK ASSETS INVITE A BIGGER TAX BILL AFTER BREXIT?In preparation for Brexit, most UK expatriates in Portugal have secured residence or put plans in place to settle before the transition period ends in December. But the planning shouldn’t end there, especially if you still have assets and investments in the UK.

SUSTAINABLE DEVELOPMENT?

Sustainable DevelopmentCV19 has already affected 90 million people, will kill some six million and make us change the world. What is the EU's plan to support economy?

Pound rallies as markets welcome the UK’s new stimulus package

Coronavirus uncertainty rocks currency markets in AprilStaying on top of the latest currency news can help you time your transfers more effectively, so find out what you should be looking out for over the next couple of weeks…

Portuguese taxes in 2020

PORTUGUESE TAXES IN 2020How are UK expatriates taxed in Portugal? See Portuguese taxes for 2020 on income, investments, capital gains and wealth, plus the new NHR pensions tax. 

Anyone moving to or living in Portugal needs to understand how they will be taxed under the local tax regime. Our article looks at Portuguese taxes on income, investments, capital gains and wealth, plus the benefits of the non-habitual residence regime.

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Second wave fears drive volatility in currency markets

Coronavirus uncertainty rocks currency markets in AprilStaying on top of the latest currency news can help you time your transfers more effectively, so find out what you should be looking out for over the next couple of weeks…

No extension to Brexit transition period

No extension to Brexit transition periodAlthough the UK formally left the EU on 31st January, the transition period means that little has changed for citizens and businesses so far.  It was meant to provide 11 months for the two parties to negotiate the new trade deals that will determine their future relationship. Even under usual circumstances, many spectators argued that this was insufficient time given the scale of negotiations – and we now know that these are far from usual conditions.  

NHR & Golden Visas in Portugal

NHR & Golden Visas in PortugalSovereign’s office in Lagoa, Algarve, was established in 1999 specifically to meet the growing demand for fiscal assistance from foreign investors and retirees wishing to invest or live in Portugal.

As well as assisting and guiding clients through the complex application processes under Portugal’s popular non-habitual resident (NHR) and ‘golden visa’ schemes, Sovereign provides continued fiscal support for clients that require ongoing fiscal representation and accounting services for the renting out of their Portuguese properties and submission of their tax returns.