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However, the law does not automatically require expatriates to close their existing US or UK bank accounts. The actual consequences depend on the bank, the services provided, the date the banking relationship began and the application of specific legal exemptions. For some expatriates, the biggest change may come not from the legislation itself, but from…

How recent Portuguese tax arbitration decisions clarify the taxation of foreign trusts, the evidence required for foreign tax credits, and taxpayers’ rights when challenging the Portuguese Tax Authority. For expatriates, international investors and individuals receiving income from abroad, complying with Portuguese tax obligations often involves more than calculating the correct amount of tax. A recurring…

Receiving a notification from the Portuguese Tax Authority can raise immediate questions: Why is additional tax being charged? What documents should you provide? Can you challenge the decision? What happens if a tax debt is already being enforced? GoalSeek’s Tax Disputes & Representation service helps individuals, expatriates, freelancers and businesses understand their position, prepare a…

Can you still be considered a Portuguese tax resident if you spend fewer than 183 days in Portugal, maintain a Portuguese tax address, own or use a home in Portugal, and your family continues to live there? Not necessarily. A significant 2026 decision from Portugal’s tax arbitration court, the Centro de Arbitragem Administrativa (CAAD), confirms…

Anti-money laundering compliance is no longer a concern limited to banks and financial institutions. In Portugal, Certified Accountants, companies, tax professionals and other obliged entities are subject to specific anti-money laundering and counter-terrorist financing obligations, including client identification, beneficial ownership verification, risk assessment, record keeping and the reporting of suspicious transactions. The regulatory framework is…

Malta Companies and Portugal’s IFICI Regime: A Potentially Tax-Efficient Structure for International Entrepreneurs For individuals moving to Portugal under the IFICI regime (Tax Incentive for Scientific Research and Innovation), an international company located in Malta may offer an interesting combination of low effective corporate taxation, EU legal certainty and potentially tax-exempt foreign dividends in Portugal.…

Portugal does not currently impose a traditional inheritance tax. Instead, certain transfers made on death are subject to Portuguese Stamp Duty (Imposto do Selo). For international families and non-resident beneficiaries, the Portuguese tax treatment is often misunderstood. One of the most common misconceptions is that Portugal automatically charges 10% on the worldwide estate of a…

Portugal’s Tax Authority has issued a new binding ruling concerning US single-member LLCs. For people living in Portugal and operating a US LLC, however, the most important point is what the ruling does not say. PIV 30630 does not establish that a Portuguese tax resident who owns a US single-member LLC must automatically declare the…

The tax relationship between Portugal and the United Kingdom changed significantly in 2026. A new Double Taxation Convention between Portugal and the United Kingdom was signed on 15 September 2025 and entered into force on 29 December 2025. In Portugal, it applies from 1 January 2026 to the taxes covered by the Convention. In the…

A significant ruling on Portuguese IRS treatment of property previously allocated to a business activity A recent decision from the Portuguese tax arbitration court, CAAD, has clarified an important point in the taxation of real estate that was previously used in a business or professional activity. In CAAD Case no. 1036/2025-T, decided on 11 May…