Understanding the Taxation of Foreign Pensions in Portugal

When is a Foreign Pension formally recognised as a pension under Portuguese law, and how does this determine its tax treatment?

Contrary to common belief, not all foreign pensions automatically qualify for retirement income treatment. Portugal’s legislation and tax authority apply a narrower interpretation, based on specific legal, structural, and compliance conditions — factors that can significantly affect your tax position.

Join Portugal Pathways for this exclusive webinar, where you’ll gain a deep understanding of the legal and regulatory criteria that define recognised pensions in Portugal. Discover how retirement income can qualify for Category H taxation, where only 15% of income is assessed, provided the correct conditions are met. This session will equip both expatriates and advisers with the knowledge to navigate pension rules confidently and optimise tax outcomes.

What to expect at this webinar:

• Legal Standing of Foreign Pensions: When a foreign pension is formally recognised under Portuguese law.
• Category H Criteria: Key requirements regarding regulation, retirement purpose, benefit design, and Article 21 CIRS compliance.
• Blacklisted Income Rules: How Portugal applies its blacklisted income categories (A–H).
• Annuities in Portugal: Types of annuities and their features under Portuguese law.
• Adviser Considerations: Guidance on portfolio construction, investment term, and risk profiling when structuring annuities.

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