The walls continue to close in on Offshore property holding companies in Portugal. Once a popular solution for home ownership, these structures are based in low-tax jurisdictions that allow shareholders to take advantage of certain “loopholes” to avoid paying Capital Gains tax when selling.
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).
I.M.I. / Rates / O.Z.B. over 2017
Today the 30th. of April 2018 is the last day to pay the IMI / Rates related to 2018.
What happens if you do not pay in time (that is before 24:00 p.m. today)
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.
The social security ( segurança social or caixa) system in Portugal is administered by the state and, in principle, applies to all individuals working in Portugal, either as employees or self-employed.
The social security ( segurança social or caixa) system in Portugal is administered by the state and, in principle, applies to all individuals working in Portugal, either as employees or self-employed.
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.
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).
This bulletin provides information on the types of medical insurance available in Portugal and outside for Portuguese residents. The immigration authorities require foreigners wishing to take out a resident’s permit to have health insurance protection. For EU citizens the National Health Service protection from their country of origin is normally adequate. For non-EU citizens, however, private medical insurance is mandatory. Even for EU citizens additional protection may be considered desirable and many such as residents take out private health insurance policies. This Bulletin discusses some of the factors to consider when choosing a policy. In all cases, afpop recommends that members take professional advice before making a final decision.
