玩偶姐姐 taxes

mozwoeld Member

Member since 11 November 2024

mozwoeldMember03 February 2025 15:13:30

I have heard that the tax law is going to be changing in March for expats.聽聽

I have a possible accountant to check out our specifics but would not mind other recommendations.

Also I believe there must be some set regulations on what is taxed and at what rate. . We will have US social security and a couple of other retirement accounts.聽 We also have聽 an investment account with聽 stocks and bonds.

Not huge but enough to give us monthly income that along with others keeps us in good shape where we can also afford some travel.聽

Does anyone have information on how the per percentages聽 are聽 figured out?聽聽 Before paying an accountant for specifics聽 I want to find out if realistic for us.聽聽If we would have enough to

live comfortably.聽

if anyone has mot info it would be greatly appreciated.聽

I do have German citizenship, have never worked or earned money there. My husband will be with me.聽 We are visiting Portugal in May and are setting up a appointment with the attorney.

thanks for any advice.

Ale_Vale New member

Member since 11 February 2025

Ale_ValeNew member11 February 2025 01:43:24

Interested to learn more!

following.

JohnnyPT Portugal Expert

Member since 23 May 2020

JohnnyPTPortugal Expert11 February 2025 08:15:58

4831

@mozwoeld

Please tell us what tax law changes will take place in March this year for expats. I don't know what it is. There were changes, but they were last year for the NHR status.

Reliable financial advice

Connect with our financial advisor in Portugal for expats wealth management and financial advice.

Strontium Serial expat

Member since 27 April 2019

StrontiumSerial expat11 February 2025 09:42:09

382

Gr眉脽 Gott

As聽 you are "German" you may come and go as you please so can spend almost 6 months here on "holiday" outside the tax system and go through the basic paperwork, look at various properties in various places, find the property prices, rental costs, availability, experience the cost of living first hand, the price of cars, cheese, socks, parking fines, fuel, restaurants, public transport, also the ambiance, the weather, speak Portuguese, constantly barking dogs, talk directly to tax people. etc. It does seem a bit previous to make decisions without directly experiencing living in the place as a "resident". Only you can know what " to live comfortably " means to you and what you want to spend, other people will have different ideas. If there is to be change in law in March 2025 then it is not yet running so until it's in place it's hypothetical and paying an accountant for their opinion before something is in place and the implications have been run through would seem a waste of money. The present tax on worldwide income for retired (D7) persons has been discussed on here quite often so a search will bring that to you.聽

Good Luck.