Taxation

SOON THE END OF THE ELDORADO FOR THE BELGIANS

<h1>MANY BELGIANS ARE SETTING UP IN PORTUGAL IS THIS THE END OF THE ELDORADO &amp;quest;<&sol;h1> &amp;NewLine;<&excl;-- &sol;wp&colon;post-content --> &amp;NewLine;<p><&excl;-- wp&colon;paragraph -->More and more foreign pensioners have been living in Portugal since 2014&amp;period; Why these European pensioners have massively settled there&amp;ThinSpace;&amp;quest; Why this exodus could soon stop&amp;rsquo&amp;semi;quest;<&sol;p> &amp;NewLine;<&excl;-- &sol;wp&colon;paragraph --> &amp;NewLine;<p><&excl;-- wp&colon;paragraph -->To understand the phenomenon&amp;comma; we need to go back to 2014&amp;period; At the time&amp;comma; the IMF had just left the country and the real estate market was in full crisis&amp;period; The government then took a fiscal measure that would boost the building market &amp;colon; <a href&equals;"https&colon;&sol;&sol;vivreauportugalconsulting&period;com&sol;regime-fiscal-du-resident-non-habituel&sol;" target&equals;"&lowbar;blank" rel&equals;"noopener">foreign pensioners are tax-exempt<&sol;a> for ten years if they live in Portugal for more than six months&amp;period;<&sol;p> &amp;NewLine;<h2>System considered unfair<&sol;h2> &amp;NewLine;<p><&excl;-- wp&colon;paragraph -->The success of this measure exceeded forecasts&amp;period; Belgians&amp;comma; French&amp;comma; Swiss&amp;comma; by the tens of thousands&amp;comma; from <a href&equals;"https&colon;&sol;&sol;vivreauportugalconsulting&period;com&sol;kit-expatriation-portugal&sol;" target&equals;"&lowbar;blank" rel&equals;"noopener">retirees are&amp;rsquo&amp;semi;settling in<&sol;a> especially in the Lisbon region and in the south&amp;comma; in the Algarve&amp;period; But today&amp;semi;demand&amp;comma; is outstripping&amp;semi;supply&amp;comma; and more and more <a href&equals;"https&colon;&sol;&sol;vivreauportugalconsulting&period;com&sol;lisbonne-et-porto-manifestent-contre-airbnb&sol;" target&equals;"&lowbar;blank" rel&equals;"noopener">Portuguese tenants are evicted from their homes<&sol;a>Most often sold to <a href&equals;"https&colon;&sol;&sol;vivreauportugalconsulting&period;com&sol;francais-premiers-investisseurs-portugal-2&sol;" target&equals;"&lowbar;blank" rel&equals;"noopener">more affluent foreigners<&sol;a>&amp;period;<&sol;p> &amp;NewLine;<p><&excl;-- &sol;wp&colon;paragraph --><&sol;p> &amp;NewLine;<p><&excl;-- wp&colon;paragraph --><strong>While Belgian and French pensioners do not pay taxes, Portuguese pensioners remain subject to the general tax regime;<&sol;strong><&sol;p> &amp;NewLine;<p><&excl;-- &sol;wp&colon;paragraph --><&sol;p> &amp;NewLine;<p><&excl;-- wp&colon;paragraph -->One political party&amp;comma; the Bloc de gauche&amp;comma; has decided to make this its hobbyhorse and has decided to put an end to its privileges reserved for foreigners&amp;period; This debate is likely to divide MPs&amp;comma; as the&amp;rsquo&amp;semi;is a complex equation&amp;period; On the one hand&amp;comma; substantial income for the country's economy&amp;period; On the other&amp;comma; an unfair system&amp;comma; especially for the Portuguese who&amp;comma; do not benefit from any <a href&equals;"https&colon;&sol;&sol;vivreauportugalconsulting&period;com&sol;les-raisons-du-redressement-du-portugal&sol;" target&equals;"&lowbar;blank" rel&equals;"noopener">tax gift<&sol;a>&amp;period;<&sol;p> &amp;NewLine;<p>&amp;nbsp&amp;semi;<&sol;p><&excl;-- &sol;wp&colon;paragraph -->

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