A seminar in Marbella Spain explains Portugal’s non-habitual residence tax regime for expats
With Spain having one of the harshest tax regimes in Europe, which can drain funds from small business owners and retirees, many British expats and Spanish nationals are looking to Portugal for a tax situation that will improve their life.
The opportunities arising from Portugal’s Non-Habitual Residence (NHR) tax regime will be explained by expert speakers from the Portuguese offices of financial companies and law firms at a seminar to be held in Marbella on Friday 25 November.
The NHR tax regime provides new foreign residents with an effective tax exemption for the first 10 years of residence, with pension income taxed at a flat rate of 10% and other passive income, such as dividend income, taxed at 0 %.
Information will also be provided on D7 and Golden Visa residency options, as well as advice on legal requirements, insurance and real estate.
Companies participating in the event include Sovereign Group, Martinez Echevarria Lawyers, C1 Brokers Insurance Experts, Estate Agents Fine & Country Algarve and Ombria Resort.
The event is hosted by Bruce Hawker, CEO of Open Media Group, Portugal’s leading foreign language media publisher.
He comments: “The event will answer the questions of people who wish to settle in Portugal. After speaking with estate agents and other business partners, we have identified a growing demand from Costa del Sol residents, who are being drawn to Portugal by the tax breaks. These people are of all nationalities, including Spanish.
Open Media Group organizes seminars in Portugal and other countries, including the United States. The Living in Portugal events are organized in association with the Algarve Regional Tourist Board and co-funded under the EU funding program Portugal 2020.
Two identical seminars will take place at the Hotel Don Pepe Gran Melilla, Marbella, on November 25: one at 11 a.m. and another at 3 p.m. Before and after each session, guests can discuss with the different partners of the event.
Anyone wishing to attend can book for free on www.portugalseminars.pt . The information line is +351 282 341 310.
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