Autor: admin

What is the NHR? The Non-Habitual Resident (NHR) regime in Portugal offers attractive tax benefits to foreigners and Portuguese citizens returning to the country. It promotes reduced or exempt taxation on specific categories of income, making it a highly appealing option for individuals seeking tax efficiency. Comparative Table of NHR Tax Benefits Income Category NHR…

As a new resident in Portugal, navigating the country’s tax system can feel daunting, especially when dealing with income from abroad. One of the most critical annual tax obligations is the submission of the Modelo 3 declaration, which is the official tax return form for individuals in Portugal. This comprehensive guide will walk you through…

In a world of shifting financial landscapes, staying informed about tax policies and fiscal climates is critical for making sound financial decisions. As of November 2024, key developments in the United States and Portugal reveal stark contrasts in their fiscal approaches. For those considering a move to Portugal, these differences highlight why relocating to this…

The 2025 Portuguese State Budget has introduced exciting changes for young workers. The IRS Jovem program is being significantly expanded, making it more inclusive and beneficial. Starting in January 2025, these changes aim to provide greater financial stability for young professionals in their early careers. In this article, we’ll break down the updates and how…

  At GoalSeek, we aim to simplify the often overwhelming process of filing taxes in Portugal. We have streamlined our services into a clear and efficient process to ensure that your tax return is handled professionally and without unnecessary stress. Here’s how we work with you: 1. Registration The process begins with a simple registration.…

  Portugal is a popular destination for expats, offering beautiful landscapes, a rich cultural heritage, and an attractive tax system for foreign residents. However, navigating the complexities of the Portuguese tax system can be challenging, especially for newcomers. Here’s a comprehensive yet simplified guide to help expatriates understand their tax filing obligations in Portugal for…

Portugal has become one of the most attractive destinations for expats in 2024. With its unique combination of quality of life, mild climate, and affordable cost of living, the country offers an incredible opportunity for those seeking a fresh start. In this guide, we’ll explore the essential steps to plan your move to Portugal and…

Owning property in Portugal comes with an annual responsibility: the Imposto Municipal sobre Imóveis (IMI), or Municipal Property Tax. This tax, levied by local municipalities, applies to all property owners in Portugal. Whether you own a vacation home or rent out an investment property, it’s essential to understand how IMI works, when it’s due, and…

In 2024, Portugal’s Personal Income Tax (PIT) system defines taxable income comprehensively, including all sources of employment and self-employment earnings, benefits, and capital gains. For both expats and residents, understanding these provisions is essential for managing tax obligations effectively. Employment Income Employment income encompasses all forms of payment from an employer, including salary, bonuses, commissions,…

As an expat freelancer or business owner in Portugal, understanding the VAT (IVA) rules for cross-border services is essential. Whether you’re serving clients within the EU, the UK, or outside Europe, like in the USA or Dubai, applying the correct VAT treatment ensures compliance and can significantly impact your business operations. Let’s break down these…