At All Finance Matters they aim to simplify what others find difficult, offering peace of mind to their clients. Relax while they take care of all your tax issues.
Once you have found your perfect property and your offer has been accepted, your first step is to instruct a lawyer. For local expertise please see our lawyers page. AFM's basic Fiscal Representation services include:
Are you planning to move to Portugal? What if we told you that there is a scheme for new residents that can provide substantial tax benefits, including a total tax exemption on your pension?
The NHR scheme is one of Portugal’s best kept secrets and can make Portugal a tax haven for you and your family.
The NHR scheme was approved in 2009 and assigns certain tax advantages over a period of 10 years. It was designed to promote Portugal and attract foreign pensioners to live here, but also to promote the transfer of residence of entrepreneurs, investors and specialized professionals.
Aspects to be considered, when thinking about relocating to Portugal:
In AFM, we offer different accountancy solutions tailor made to our clients’ needs. Our real expertise is working closely with our clients, to assist them finding the best ways of improving their performance and helping them to grow their business with us.
We provide all necessary information for the intelligent management of your company, in addition to creating professional support we provide customized solutions for each specific case.
We also evaluate your case and create a service that meets the needs that the company has towards the market. We provide help in corporate and personal Accountancy, Payroll services, Business Start-Up Consultancy, Management Advisory Services and Tax dispute assistance.
Please feel free to visit us for a friendly chat in Tavira, Rua 1º de Maio, nº 58 and find out more about the tax strategy that might be more effective on your specific situation. If you prefer, you can contact us by telephone through +351 281029059 or go directly to our website: info@allfinancematters.com
AFM can help you!
Many people are unaware of the tax savings available, until they seek for professional advice. Please feel free to contact us today to discuss your personal situation and see whether you qualify for the Non Habitual Residency Regime. We can guide you through the whole process and make the application on your behalf. We will also prepare and submit the tax returns on your behalf.
If you are planning to move to Portugal, or at least thinking about it we have good news. The non-habitual resident (“NHR”) taxation regime; a scheme for new residents that can provide substantial tax benefits, so much that you may discover that Portugal is a tax haven for you.
The non-habitual resident (“NHR”) taxation regime is becoming very popular, so popular that last year the number of tax payers under the NHR has increased 44% in the last year and it’s expected to increase again this year. This is remarkable, when we think that in 2009 there were only 16 citizens registered as NHR and recently it was announced that they were over 10 thousand, a number that is increasing all the time
The Portuguese real estate marketing is attracting many foreign investors and many of these investors are looking for good rental yelds, but before investing on your rental property or renting out your property in Portugal you should plan ahead and find out the best way to structure your real estate investment, in order to be as tax efficient as possible and also to minimise any future capital gain tax.
If you are considering renting your property, there are several questions that you need to be aware of in order to avoid any problems with the Portuguese licensing and tax departments. If the above situation appeals to you, please contact us, this suggested structure is very tax efficient and is very popular amongst our foreign investor clients, however it’s not the only available solution and others may be more appropriate. We aim our expertise and know-how to work in your benefit, keeping you tax compliant while paying only the legal minimum.
In AFM, our qualified and experienced consultants make sure that you have all the help you need so that the mortgage application is a process stress free. If you require further information, you can visit our website on www.allfinancematters.com
There is a Capital Gains tax in place in Portugal on the sale of a property at a rate of 28% for individuals and 25% for companies (non-residents). If the money from a sale is re-invested then only 50% of the net taxable income will be subject to capital gains tax. To calculate the taxable gain, you take the selling price, minus the acquisition costs, any costs incurred during the transfer of ownership, and also any property improvement costs that have incurred within 5 years of the sale.
The non-habitual resident (“NHR”) taxation regime came into force in Portugal in 2009 and is proving very successful at attracting individuals of independent means, pensioners and certain skilled professionals to establish residency in Portugal for tax purposes, while not being subject to any minimum or maximum stay requirements. In addition to the non-existence in Portugal of wealth tax, or of inheritance/gift tax for close relatives, the NHR regime essentially grants qualifying individuals the possibility of becoming tax residents of a white-listed jurisdiction, whilst legally avoiding or minimising income tax on certain categories of income and capital gains for a minimum period of 10 years.
If you prefer, you can contact us by telephone through +351 281029059 or go directly to our website: info@allfinancematters.com
Relax while we take care of all your tax issues.