What was the personal situation or challenge?
Georges, an entrepreneur and real estate investor from Canada, faced significant hurdles upon moving to Portugal. Despite his success in Canada, Georges needed more familiarity or connections in the Portuguese property market. They wanted to ensure that he had optimised his assets in Canada and aligned those with what he wanted to achieve in Portugal.
Georges' family also needed to address various logistical issues, such as finding suitable schools, securing healthcare insurance, minimising any exit taxes from Canada, and structuring his assets and income to optimise his worldwide portfolio and take advantage of the double taxation agreements between Portugal and his home country.
Georges' eldest son's promising career in STEM research added another layer of complexity, as they wanted to ensure he could meet the right people. Balancing these family needs alongside his plans to invest in a real estate portfolio in Portugal underscored the multifaceted challenges Georges faced during his move.
How did Portugal Pathways help?
Portugal Pathways linked Georges to a network of local developers, real estate experts and legal advisors in Lisbon, the Algarve, and the Silver Coast, providing vital insights and support to expand his portfolio strategically. Georges gained access to exclusive off-market properties, and each property purchased was assigned with top local property management services.
On a personal level, Portugal Pathways facilitated Georges' son's enrolment into a world-renowned international school in STEM research in Lisbon, along with organising other relocation challenges such as healthcare insurance, architects, and cross-border optimisation of his income and assets. They also connected Georges with a foreign currency exchange solution offering rates significantly lower than traditional banks and FX suppliers for his large international real estate transactions.
For Georges' eldest son, Portugal Pathways secured a placement with a major international company based in Portugal aligned with his STEM education and career goals. With the help of Portugal Pathways, the family completed a stress-free relocation to Portugal.
Current NHR Tax Holders: Are you protected moving forward?
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