realestate-algarve.info

Insights into what is involved in buying, selling & living in Portugal

Earthquakes and Tsunami

Earthquake risk study reveals dark scenario PRELIMINARY RESULTS from a study assessing earthquake and tsunami risks in the Algarve have revealed that a tremor like the one experienced in 1755 could lead to around 3,000 fatalities and make 27,000 people homeless in the region (See The Resident, September 7, 2007).

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dDscretionary trusts, 10 years on

EDITORIAL: NIKI PATEL nikisha.patel@scottishwidows.co.uk Having looked at the inheritance tax treatment when a discretionary trust is created and when capital appointments are made, moving another step on, I now focus on the tenth year anniversary charge known as the ‘periodic charge.’

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Bush fire prevention

Welcome to our 5th Definitive Guide to Rural Fire Protection and Land Cleaning. This special edition marks Civil Protection Day 1st March. Providing a safe environment is important to our quality of life here in Portugal. Fires in rural areas pose a risk to communities including: ourselves, our families, friends, animals and properties.

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Owning Spanish Property in a company

International company structures established in decades gone by to help wealthy owners of property in Spain avoid tax are now a ticking time-bomb for some, as the Spanish tax authorities set their sights on them.

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Residencia

Moving to Portugal and getting Residencia The rules about residency apply to you depend on your nationality. The rules for Citizens of European Union countries tend to be less restrictive as these countries are trying to encourage the mobility of the workforce and all apply similar rules.

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15 countries from the Portuguese black list

Are offshore trusts back on the agenda? A recent move by the Portuguese government surprised the expat community by declaring the immediate removal of 15 tax jurisdictions from their offshore black list. The fundamental reason for such a move was the signing of bilateral Tax Information Exchange Agreements (TIEA).

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