Is Portugal a Tax Haven or Hell in 2024?

1 year ago
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Link to Fresh Portugal: https://freshportugal.com/book_service/accelerated_tax_residency_from=expatseverywhere

Is NHR really gone in 2024? The recent news from Portugal's Prime Minister has created chaos on the topic. For many, the NHR scheme made it possible to move. Now, is it still possible? What changes will be made?

Josh from ExpatsEverywhere sits down with Zeev and Pedro from Fresh Portugal, a tax company, to discuss possible scenarios with and without NHR. They talk about your tax situation as a family of four with active and passive income, a digital nomad with active income, and a retiree couple with passive income. Let's see what they have to say on the topic of NHR and what you can do to still get it.

* ABOUT US *
Josh and Kalie left the US for a life abroad in 2009 and haven't looked back. They have lived in Spain, South Korea, Saudi Arabia, Singapore, and are currently in Portugal. Yes, they realize they only moved to countries starting with the letter "S" until they spoiled that streak with their move to Portugal. Follow ExpatsEverywhere as we aim to get information to you through expat interviews, city breakdowns, expat life, travel, vlogs, and more.

* VISAS FOR PORTUGAL *
We have two courses to help DIY the D7 visa and the remote worker visa for Portugal. The courses include step-by-step videos, checklists, resources, recommendations, discounts, and more. They break down the timeline and when and how to do things, plus give action items to keep you on task but not be overwhelmed. Check them out here: D7: https://expatseverywhere.thinkific.com & Remote Worker: https://expatseverywhere.thinkific.com/courses/remote-worker-visa

* USEFUL RESOURCES *
Below are a list of other services that we use/recommend for living abroad. If you have any questions about them, feel free to email us. Some links we provide we might make a commission and you might receive a discount or promotional offer. We always try to make a deal with companies we like to create a win/win for us and YOU!

* TRANSFER CASH *
Wise (formally TransferWise) | Banking/Transfer Partner (affiliate link) Get free transfer fees (conditions apply) https://transferwise.prf.hn/click/camref:1011lfsFy/ar:channelwide/destination:https%3A%2F%2Ftransferwise.com%2Fc%2Fexpatseverywhere

* WATCH YOUR SHOWS *
SurfShark | VPN Partner (affiliate link) Get 40% off subscription at https://get.surfshark.net/aff_c?offer_id=6&aff_id=5969

*DIGITAL SECURITY*
Protect yourself from the increasing risk of digital crimes with our partner Aura. Use our link https://aura.com/expatseverywhere to get a 2 week free trial to protect yourself from the increasing risk of identity theft and digital crimes. Sign up today and see how many times Aura found your personal information on the dark web.

* YOU NEED THESE FOR YOUR D7 & REMOTE WORKER VISAS *
Need your NIF and/or bank account for Portugal? Use our special link with Bordr to receive $10 off for each. No code needed. The discount will be applied at check out when using this link: https://www.bordr.com/?via=expatseverywhere

* INSURANCE ABROAD *
Need insurance?
Insured Nomads: https://www.insurednomads.com/?ref=expatseverywhere

*LEARN A LANGUAGE*
Ling is a fun way to learn and practice a language. Use our special link: https://ling-app.com/ling-affilate/?referrer=expatseverywhere
Want something more intense?
Join the journey with Portuguese with Carla: https://journey.portuguesewithcarla.com/offer-collab/?ref=7
Mia Esmeriz Academy
https://school.learn-portuguese.org/courses?affcode=206686_p6olvjck

* FORWARD YOUR MAIL *
Wanting to get your mail forwarded to you while abroad? Use World Post: https://worldpost.anytimemailbox.com/signup

* TAXES *
Are you an expat who wants help with your taxes? Use our link here for Taxes for Expats and get $25 off: https://www.taxesforexpats.com/ref/239

*AROUND PORTUGAL*
Want to check out some awesome spots we like around Portugal? Check out our Atly Map: https://go.steps.me/hvX41KPnDwb

* GET IN TOUCH *
Questions? E-mail us at info@expatseverywhere.com
Want more? Go to http://www.expatseverywhere.com
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Check out our Patreon page: https://www.patreon.com/expatseverywhere
#expatseverywhere

00:00 - Intro
00:30 - Scenario #1 Family of 4 with active and passive income
04:48 - Scenario #2 Digital Nomad with active income
10:35 - Scenario #3 Retiree with passive income
11:22 - What should I do now before NHR ends?
13:46 - Fresh's Solution for you

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