Categories: Taxation

Retirement abroad: in Portugal, the tax break

<h3 class&equals;"chapo title&lowbar;gamma">Portugal is the new Eldorado for French retirees&amp;period; Fiscally welcoming&amp;comma; culturally very close&amp;&amp;num;8230&amp;semi; the destination has everything to please&amp;period;<&sol;h3>&amp;NewLine;<p>It&amp;rsquo&amp;semi;s undoubtedly the easiest country in which to settle&amp;period; Access to property is very similar to the French system&amp;period; In terms of culture&amp;comma; there are no major upheavals either&amp;semi; many Portuguese people speak French&amp;comma; you should have no trouble making yourself understood&amp;&amp;num;8230&amp;semi; A word of advice, however&amp;colon; if you really want to fit in&amp;comma; make the effort to acquire at least a few notions of Portuguese&amp;period;<&sol;p>&amp;NewLine;<h4>A very welcoming tax system<&sol;h4>&amp;NewLine;<p>The good news continues on the tax front&amp;colon; since January 1, 2013 and for a period of ten years&amp;comma; <a href&equals;"https&colon;&sol;&sol;vivreauportugalconsulting&period;com&sol;regime-fiscal&sol;">pensions of European private-sector pensioners are fully tax-exempt<&sol;a>Under certain conditions&amp;comma; spend 183 days&amp;comma; consecutively or not&amp;comma; and not have been a tax resident for the last five years&amp;period; Last but not least&amp;comma; housing prices are 30 to 40&amp;percnt; lower than in France&amp;period;in France&amp;period; "It all depends on what you&amp;rsquo&amp;semi;re comparing&amp;comma;" explains Carlos Vinhas Pereira&amp;comma; President of the Franco-Portuguese Chamber of Commerce and Industry&amp;period; "For example&amp;comma; you'll get an apartment four times bigger in Lisbon than in the south of France for the same price&amp;period;".<&sol;p>&amp;NewLine;

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