Moving to Portugal means moving to a destination that has become increasingly popular for expats looking for a new chapter in their lives.
Whether you're drawn to the historic streets of Lisbon, the picturesque Algarve coastline, or the tranquil beauty of Madeira, moving to Portugal can be a life-changing experience.
The process of moving to Portugal is exciting and simple – if you know what to expect.
There are several important steps to take into account when moving to Portugal, such as which type of residence permit you should choose, how to obtain a NIF (taxpayer number), find accommodation, or open a bank account in Portugal. If it all seems very confusing, don’t worry. We've got you covered.
Portugal is one of the most popular places in Europe to live and invest. There are several attractive factors that persuade numerous expats to move to Portugal, including the pleasant climate, safety, stability, gastronomy, and the range of unique landscapes.
If you are thinking of moving to Portugal, Madeira can be a very interesting option. This Portuguese archipelago has unique characteristics that make it a destination of choice for residence and investment.
Madeira has a fantastic climate, incredible landscapes, a superior quality of life, and several tax advantages for people and companies.
When moving to Portugal, you should be aware of the types of personal taxation that exist in the country.
Residents of Portugal must pay various taxes including income tax (IRS), value added tax (VAT) and property taxes (IMI).
NEWCO has an experienced team that can help you understand what taxes you will pay and how to comply with your tax obligations in Portugal.
When you move to Portugal, you will be subject to various tax, declaratory and contributory obligations, such as submitting IRS (income tax) returns, paying contributions to Social Security, and paying various taxes.
With experience spanning more than 30 years, our team is ready to explain everything you need to know about your tax obligations in Portugal.
Rely on the experience and expertise of someone who has done this many times before. Contact us today!
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