WHAT TAXATION FOR YOUR RETIREMENT ONCE EXPATRIATED

TAXATION OF YOUR RETIREMENT IN PORTUGAL

Le Portugal à mie en place en 2009 le statut de résident non habituel. Celui-ci offre la possibilité d’exonérer votre pension de retraite pour une durée de 10 ans. À condition de fixer votre résidence fiscale au Portugal.

This measure has been much publicized for several years, but it is important to respect certain rules to avoid having your pension imposed in France.

The bilateral tax treaty

Regarding the tax treaty signed between France and Portugal, it stipulates that the host country taxes private sector pensions, and France taxes public sector pensions. It is therefore important to take into account that retired civil servants cannot benefit from the RNH status.

Have a fiscal residence in Portugal

In order for your pension to be taxed in Portugal and not in France, you must base your tax residence in Portugal. You will have to set up your home and that you do not keep your house in France.

By keeping a home in each state, you jeopardize your expatriation project. LOne of the control elements by the French financial services and the center of your vital interests.

La règle des 183 jours par an à l’étranger ne suffit donc pas pour cesser d’être résident fiscal français !

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Vous vous posez de nombreuses questions concernant votre projet d’expatriation, parlez en avec nos fiscalistes.

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Taxation of your retirement in Portugal for non-residents

The convention provides for an income tax exemption on your pension in Portugal provided that you are truly considered a tax resident there. This means that you will have no choice but to cut your tax ties with France.

It is important to emphasize that the convention established with Portugal stipulates that one must be subject to tax in the host country to be a tax resident there. 

In concrete terms, this means that if you don't pay tax there, France could consider that you are still a French tax resident and tax you.

À l’heure actuelle aucun de nos clients ne sait vue son expatriation au Portugal requalifier, cependant comme chaque expatriation est différente sous de nombreux points (fiscalité, patrimoine, situation familiale…) 

Il pourrait être judicieux de faire de la location (Booking ou autre) afin de percevoir des revenus fonciers, qui seront bien entendu à déclarer lors de votre déclaration d’impôt au Portugal.

Also, if after your departure you continue to receive income in France, it will remain taxable in France only. It is therefore important to take all these elements into account.

Vous l’aurez compris la fiscalité de votre retraite au Portugal dépend de nombreux éléments. Chaque fiscalité est différente et nécessite que votre expatriation soit pensée en amont.

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