taxes in portugal

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Member since 21 January 2024

dymd11Member30 April 2024 02:04:53

Can someone please recommend an English speaking tax accountant or attorney. We are retired and would like to know what taxes and how much we would have to pay. We live in the US and are planning a move to Portugal. Thanks for any consideration and assistance. Ken Bowers

JohnnyPT Portugal Expert

Member since 23 May 2020

JohnnyPTPortugal Expert30 April 2024 08:11:24

4492

Hi Ken,

In 2024, these are the income tax bands:

https://expresso.pt/economia/impostos/2 … --3e8c4356

The NHR status that gave tax benefits has been suspended. The government may reactivate this status, but it's not certain yet.

Regards

TonyJ1 Contributor

Member since 25 March 2014

TonyJ1Contributor06 May 2024 09:27:54

162

The taxes also depend on the nature of your income - refer back to the double tax treaty.

eg government pensions (includes state, municipal, federal, police, some teaching and universities) only US may tax. Some annuities, depending on provenance, maybe taxed at a reduced rate.

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