&NewLine;<h2 class="wp-block-heading">TAXATION OF YOUR RETIREMENT IN PORTUGAL </h2>&NewLine;&NewLine;&NewLine;&NewLine;<p>Portugal introduced non-habitual resident status in 2009, giving you the option of exempting your retirement pension for a period of 10 years, provided you are resident in Portugal for tax purposes; </p>&NewLine;&NewLine;&NewLine;&NewLine;<p>This measure has been much talked about in the media for several years, but it's important to follow certain rules to avoid your pension being taxed in France&period; </p>&NewLine;&NewLine;&NewLine;&NewLine;<h3 class="wp-block-heading">The bilateral tax treaty</h3>&NewLine;&NewLine;&NewLine;&NewLine;<p>The tax treaty between France and Portugal stipulates that the host country taxes private-sector pensions, while France taxes public-sector pensions. It is therefore important to bear in mind that retired civil servants are not eligible for RNH status; </p>&NewLine;&NewLine;&NewLine;&NewLine;&NewLine;&NewLine;<h3 class="wp-block-heading"> Have a fiscal residence in Portugal </h3>&NewLine;&NewLine;&NewLine;&NewLine;<p>For your pension to be taxed in Portugal and not in France, you must base your tax residence in Portugal&period; You must set up your home in Portugal. <a rel="noreferrer noopener" aria-label="habitation (opens in a new tab)" href="https://agencelusofrancaiseimmobilier.com" target="_blank"><strong><span style="text-decoration: underline;">home</span></strong></a> and you don't keep your home in France&period; </p>&NewLine;&NewLine;&NewLine;&NewLine;<p>By keeping a home in each state, you jeopardize your expatriation plans... period; L<strong>One of the control elements</strong> and the center of your vital interests&period; </p>&NewLine;&NewLine;&NewLine;&NewLine;<p><strong>The 183 days per year abroad rule is therefore not sufficient to cease to be a French tax resident&nbsp&semi;&excl;</strong></p>&NewLine;&NewLine;&NewLine;&NewLine;<hr class="wp-block-separator"/>&NewLine;&NewLine;&NewLine;&NewLine;<p style="text-align:center" class="has-medium-font-size">If you have many questions about your expatriation plans, talk to our tax experts&period; </p>&NewLine;&NewLine;&NewLine;&NewLine;&NewLine;&NewLine;<hr class="wp-block-separator"/>&NewLine;&NewLine;&NewLine;&NewLine;<h3 class="wp-block-heading">Taxation of your retirement in Portugal for non-residents</h3>&NewLine;&NewLine;&NewLine;&NewLine;<p>Under the terms of the treaty, your pension in Portugal is exempt from income tax, provided that you are truly considered a tax resident in Portugal&period; in other words, you have no choice but to sever your tax ties with France&period; </p>&NewLine;&NewLine;&NewLine;&NewLine;<p>It is important to note that the treaty with Portugal stipulates that to be a tax resident in the host country, you must be subject to tax there;</p>&NewLine;&NewLine;&NewLine;&NewLine;<p>In concrete terms, this means that <span style="text-decoration: underline;">if you don't pay tax there&comma; France may consider that you are still a French tax resident and tax you&period;</span></p>&NewLine;&NewLine;&NewLine;&NewLine;<p>At the present time, none of our customers knows how to requalify their expatriation to Portugal. However, as each expatriation is different from many points of view &lpar;fiscality&comma; patrimony&comma; family situation...&rpar;<em>&nbsp&semi;</em></p>&NewLine;&NewLine;&NewLine;&NewLine;<p>It might be a good idea to rent out your property &lpar;Booking or other&rpar; in order to earn rental income&comma; which will of course have to be declared when you file your&rsquo&semi;tax return in Portugal&period; </p>&NewLine;&NewLine;&NewLine;&NewLine;<p>Similarly, if you continue to receive income in France after your departure, this income will remain taxable in France only&period; It is therefore important to take all these factors into account&period; </p>&NewLine;&NewLine;&NewLine;&NewLine;<p><strong>As you will have understood, the taxation of your retirement in Portugal depends on many factors&period; Each tax system is different and requires that your expatriation be planned in advance&period; </strong></p>&NewLine;&NewLine;&NewLine;&NewLine;<hr class="wp-block-separator is-style-dots"/>&NewLine;&NewLine;&NewLine;&NewLine;<div class="wp-block-image"><figure class="aligncenter is-resized"><img src="https://vivreauportugalconsulting.com/wp-content/uploads/2019/04/retraite-au-portugal--724x1024.jpg" class="wp-image-4607" width="250" height="350"/></figure></div>&NewLine;&NewLine;&NewLine;&NewLine;<div class="wp-block-button aligncenter"><a class="wp-block-button__link has-background" href="https://vivreauportugalconsulting.com/produit/retraite-au-portugal-guide/" style="background-color:#0e3347">Buy our book</a></div>&NewLine;
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