Categories: Taxation

Portugal, the French corner of paradise

<p>50&amp;period;000&amp;period; The number of residents living in Portugal&amp;period; L<span lang&equals;"fr-fr">he tax measures voted in 2013&amp;comma; the climate&amp;comma; safety&amp;comma; quality of life&amp;comma; the quest for new opportunities... Portugal is popular with the French&amp;period; <b>Our view on<&sol;b><&sol;span><span lang&equals;"fr-fr"> this ever-growing phenomenon&amp;period;<&sol;span><&sol;p>&amp;NewLine;<h3 align&equals;"justify">Reasons for leaving<&sol;h3>&amp;NewLine;<p align&equals;"justify">Our customers are delighted with the tax measure&amp;comma; in fact, it's their primary motivation for expatriation&amp;period; Even if the desire for a new life abroad is a factor&amp;period; A few years ago&amp;comma; the French used to go to Morocco&amp;comma; today they go to Portugal&amp;period;<&sol;p>&amp;NewLine;<p align&equals;"justify">The cost of living is around 40% lower than in France&amp;period; Portugal is also an extremely safe European Union country&amp;period; Portugal is ranked third in the list of the safest countries in the world&amp;period; There's a tranquility of life&amp;comma; as our customers say&amp;period;<&sol;p>&amp;NewLine;<p align&equals;"justify">When people retire, their purchasing power is greatly reduced&amp;period; Moreover, with the new CSG reforms, things aren't getting any better&amp;period; By moving to Portugal for tax purposes&amp;comma; they regain a certain financial status that they can no longer claim in France&amp;period;<&sol;p>&amp;NewLine;<h3 align&equals;"justify">Tax measures<&sol;h3>&amp;NewLine;<p align&equals;"justify">This measure, initiated by the Portuguese government in 20013, has helped to boost local economic activity. To benefit from this tax measure, you must not have been a Portuguese resident in the five years preceding your arrival in Portugal;<&sol;p>&amp;NewLine;<p align&equals;"justify"><a style&equals;"font-style&colon; italic&semi;" href&equals;"https&colon;&sol;&sol;vivreauportugalconsulting&period;com&sol;kit-expatriation-portugal&sol;" target&equals;"&lowbar;blank" rel&equals;"noopener">This tax allowance allows you to be exempt from income tax paid abroad&amp;period;<&sol;a> This reform does not only concern retirees moving to Portugal&amp;period; it also concerns professionals&amp;period;<&sol;p>&amp;NewLine;<h3 align&equals;"justify">The most popular places in France<&sol;h3>&amp;NewLine;<p align&equals;"justify">Of course&amp;comma; some areas are more sought-after than others&amp;comma; particularly Lisbon and Porto&amp;period; It's true that many French people with young children settle&amp;comma; around the Lycée Français in Porto&amp;period; But today&amp;comma; we see that they settle just about everywhere&amp;period; There's this logic of settlement and permanent residence&amp;period;<&sol;p>&amp;NewLine;

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