This webinar featured an expert panel of tax advisors and international cross-border wealth management specialists who discussed strategies for early planning for the end of your NHR tax benefit, as well as succession and inheritance structuring for affluent expats based in Portugal.
Register
For NHR tax holders in Portugal, putting a plan in place and structuring your income and assets early in your low-tax life (ideally years 1 to 7) is vital to securing your financial future and peace of mind for when the 10 years of your NHR tax status ends.
According to a wealthy expats report interviewing 1,000 respondents in Portugal, only 27% of current NHR tax holders have planned to significantly minimise the impact of their future progressive tax rates that range from 28% to 48%.
Any delay in acting early could cost the 72,326 affluent expats already on the NHR tax regime millions in lost income and wealth. For example, one couple failed to structure their non-Portugal-derived income and assets early in their NHR tax life and received a tax bill for €186,110.
Unfortunately this is becoming more common that people are blissfully unaware of this impending impact. This webinar gave guidance, clarity and peace of mind on how to mitigate these high progressive tax rates through structuring and planning your non-Portugal-derived income and assets for the long-term.
Our expert panel explained how affluent expats can leverage capital gains exemptions and navigate inheritance regulations to protect their wealth and financial future, as well as hopefully see growth and upside in their investment portfolios.
.jpg)
David Vacani - Chairman of Federation European Independent Financial Advisors (FEIFA) and CEO & Founder of Beacon Global Wealth Management based in Portugal
Monica Santos Costa - Counsel at CMS Tax and Law in Lisbon
Paul Stannard - Chairman of Portugal Pathways and your Webinar Host
Our expert panel discussed, debated, shared ideas and insights along with answering questions in the Q&A section of this hour long webinar.
Schedule a free consultation with one of our expert team to understand how you can maximise your future financial and tax position as a wealthy international expat in Portugal.
Stay informed and be the first to know about our latest newsletters, articles, guides, and exciting upcoming events
Disclaimer: The information on the Portugal Pathways and Portugal Investment Owners Club (P Club for short) websites and in email communications is for general informational purposes only and should not be construed as legal, tax, or financial advice. You should consult and check with a qualified professional advisor before relying on any information provided on this website or in email communications. As it relates to investments in Golden Visas or other wealth management solutions offered by regulated and professional advisors, it is important to note that past performance is no guarantee of future returns. Private equities can be highly illiquid and come with risk and should always be under professional independent advice.