State studies adjustment of IRC payments
The Minister of Economy revealed earlier this week that the government will propose a change in the calculation of the IRC payment to adapt to the circumstances of the pandemic.
The Minister of Economy revealed earlier this week that the government will propose a change in the calculation of the IRC payment to adapt to the circumstances of the pandemic.
Some trades are still facing great difficulties and the Portuguese government has just implemented a new social aid for the self-employed in Portugal, which should be voted this Thursday at the Council of Ministers.
In these very difficult times, for employees and entrepreneurs. The Portuguese government has put in place several measures to help everyone. Through this article, we will explain how to... Read More "HOW TO APPLY FOR AN IHRU LOAN
Portugal, like the rest of Europe and the world, is going through an unprecedented health crisis. The current government has implemented several reforms, including the postponement of social security contributions, in order to help the different companies in Portugal and allow them to survive during this crisis.
Taxation of property income in the event of expatriation Property income is determined by the difference between the gross income received during the tax year and the total property expenses incurred during that year.... Read More "TAXATION OF PROPERTY INCOME IN THE EVENT OF EXPATRIATION
We are going through a period, which is going to hurt all the companies in Portugal but also in the rest of Europe. Each government is deploying its weapons to keep their companies afloat, with the obvious aim of avoiding an economic crisis linked to covid-19.
You have just completed the declaration of activity. Now it's time to bill for your hours. Issuing green receipts is relatively easy, even if you don't speak fluent Portuguese.
The first thing to do when you set up your main residence and therefore your tax residence in Portugal is to register with the Portuguese health service. If you are employed by a local company, you do not need to worry about this, your employer will take care of registering you with the social security. However, for your children and your spouse, you will have to do it yourself.
We have been announcing it to you since December and it is in this end of January 2020 that things have become concrete. The socialist government has made a proposal for a law for the 2020 budget, which will definitively reform the non-habitual resident status of foreign retirees, of course if it is voted.
A few days ago, we told you that the Portuguese government was thinking about a reform of the status of non-habitual resident. This rumor has been confirmed yesterday.
Climate, cost of living, public health system... Based on multiple criteria, the US News website has established which is the best country in the world for you dear retirees.
At the time of writing, the foreign press is announcing the end of the RNH status for retirees, when is it really
The year 2020 starts strong for the Portuguese government, as the tax administration has reluctantly decided to reform the way of calculating the IUC for vehicles imported by Portuguese citizens or foreigners.
The RNH, which allows foreign pensioners to benefit from a total exemption from income tax on their private-sector pensions, has come in for some criticism in recent years not only from Portuguese taxpayers, but also from certain politicians and political parties.
Portugal set a target on Tuesday of achieving a budget surplus in 2020 for the first time in 45 years of democracy, thanks to solid economic growth.
The tax reform for non-resident French citizens that was due to take effect in January 2020 has been postponed until January 1, 2021.
The new government of Antonio Costa, has as its main objective to increase the minimum wage by 25% over 4 years.
Regressar program, the government changes the rules The government has just modified the Regressar program to broaden the universe of this public policy instrument. The aim is to facilitate access for Portuguese nationals wishing to return home.... Read More "REGRESSAR PROGRAM THE GOVERNMENT RELAXES THE RULES
We told you about it several months ago. The public portal info-retraite.fr has launched "Ma retraite à l'étranger". This online service enables you to receive and return your certificate of existence directly via the Internet.
The French government has just published the latest Finance Act, which abolishes the withholding tax for non-resident French citizens.
Your parents or members of your family have moved to Portugal for their retirement. In order to benefit from its tax advantages. What about the rights applicable after the death of one of them.
Labor Code in Portugal, what changes on October 1, 2019 The reform of part of the labor code in Portugal will have a direct impact on the labor market. Both for the... Read More "LABOR CODE WHAT'S CHANGING IN OCTOBER
September means back to work, and October means legislation. A new wave of legislation is about to be introduced that will have a real impact on citizens and businesses alike.
The list of "high added value" professions that give access to the RNH status in Portugal has changed. Professions such as psychologists, architects, designers or archaeologists are no longer included in the list of activities that qualify for NHR status.
To ensure the permanence of the matrimonial property regime, it is advisable for expatriate spouses to draw up a contract prior to the marriage, in order to precisely determine the applicable law and matrimonial property regime.
For several months now, we have been receiving numerous questions related to non-habitual resident status and particularly concerning double taxation.
We decided to create a FAQ with the 21 most relevant questions
You live abroad? Do you have some assets? Or perhaps you have children? Refresh your knowledge of inheritance.
Portugal continues its desire to make immigrants return to the country. The government has just announced its intention to offer 6,500 euros to emigrants who decide to come and work in Portugal.
Portugal introduced non-habitual resident status in 2009. This offers the possibility of exempting your retirement pension for a period of 10 years. Provided you have established your tax residence in Portugal.
The Conseil d'Etat has just confirmed once again the exemption of non-residents from social security contributions, thus putting an end to a tax and social security dispute.
Mistakes to avoid as an auto-entrepreneur in Portugal
Spending your retirement in Portugal has been very popular in recent years. Some 1.3 million French people are said to be involved. The main idea is generally to return to one's country of origin.
Since the broadcasting in several countries of television reports on the advantages of the RNH. Foreign real estate investment in Portugal is increasing. But investing in Portugal also implies questions about donation and succession.
The IFI now focuses on real estate assets alone, replacing the traditional ISF. This change has implications for expatriates, as well as recently returned impatriates.
SIGI BOOSTS PORTUGUESE REAL ESTATE Portugal pursues its strategy of attracting foreign investors. The government has just launched a new system of real estate investment companies. SIGIs are of particular interest to... Read More "SIGI BOOSTS REAL ESTATE IN PORTUGAL
How is capital gains tax calculated in Portugal? This article explains how capital gains tax is calculated for tax residents and non-residents.
Retired expat health coverage rules change July 1, 2019
You are about to sign a permanent contract in Portugal and you have questions about your pension contributions in Portugal.
Portugal has been the preferred destination for entrepreneurs and retirees for the past 7 years.
Retirees living abroad and receiving a French pension must complete an annual certificate of existence.
Am I taxable in France if I live in Portugal More and more of you are asking the following question. Is my pension taxable in France, if my tax residence is in... Read More "AM I TAXABLE IN FRANCE WHILE LIVING IN PORTUGAL
The 2019 list of the best countries in which to retire, compiled by Retirement Without Borders.
We thought it would be a good idea to do a little comparison between Portugal and Italy.
French citizens abroad are not eligible for the progressive exemption from the housing tax.
Increase in minimum tax rate and inclusion of alimony payments
Since January 1, several price increases have come into effect
The National Assembly adopted on Friday, December 14, an amendment that aims to limit the impact of the income tax increase for French citizens living outside France.
Towards simplified taxation for French nationals living abroad
This term has a broader meaning than the idea of "center of economic interests" under French law.
VAP Consulting