It’s possible to scale-down the size of your Portugal property to secure a comfortable retirement and still leave a lasting legacy.

It’s possible to scale-down the size of your Portugal property to secure a comfortable retirement and still leave a lasting legacy.
Portugal offers much for Britons looking to retire abroad, including the potential for 10 years of tax-free UK income with NHR (non-habitual residency).
Portuguese capital gains tax on property and shares depends on if you are resident, non-resident or if you benefit from the non-habitual residents regime.
Good estate planning for expatriates in Portugal means considering local succession law, taxes, how your legacy will be used – and your own needs.
With Brexit imminent, how can British expatriates living in Portugal secure their future when it comes to residency, pensions, savings and investments?
If you own property or are thinking about buying a home in Portugal, you could be affected by new tax rules, including a ‘wealth tax’ on high-value properties and a new way of defining ‘tax havens’.
With Brexit looming and more options than ever, pensions can be a source of concern and confusion. However, expatriates in Portugal can find rewarding – but limited – opportunities.
UK nationals living in Portugal need to understand local succession laws and should consider writing two wills to ensure their estate is distributed as they wish.
The new global automatic exchange of information regime went live in January 2016 and begins in 2017. It is more important than ever to make sure you are correctly declaring your income and paying tax in the right country.