Questions advisers must ask before clients move to Portugal
By Kirsten Hastings, 2 Aug 17
UK advisers with clients looking to move to Portugal and make the most of tax-efficient opportunities but avoid costly mistakes need to consider seven key questions, according to international wealth and tax management firm Blevins Franks.
Another important issue to consider early is the tax implications of buying and selling property.
When is the best time to sell a UK property or buy a Portuguese home to limit capital gains tax and stamp duty in both countries?
Will Portuguese ‘wealth tax’ be due on the new property?
Understanding the answers could save thousands.
Tags: Blevins Franks | Currency | Investment Strategy | Portugal