Tax Rules In Portugal May Provide Significant Benefits To Retirees

28th September 2017

The Portuguese government has introduced a 10-year tax exemption window of opportunity for foreign retirees who take on "Non Habitual Resident" status.  The rules mean that qualifying persons, who want to retire abroad to live in Portugal, could pay little or no tax on their occupational pension income.

As with any tax related scheme, it is essential to take professional advice so that you fully understand the rules that apply before making any decisions.

The following articles (non of which are endorsed by this website), may help to explain the scheme further and searching the World Wide Web will provide further such information.  

However, please ensure that you take professional advice from a Portuguese tax expert if you feel the scheme has potential benefits for you.

Portugal News Article

Shelter Offshore Article

Belion Partners Article

Deloitte Explanatory Leaflet

 

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