Hey, Nic! It's so nice to meet Manuela. Thanks to both of you! It would be great if she and her colleagues could do a similar seminar to the one that they do in different countries but online so we could all access it.
Excellent video! It's very educational indeed. I wonder, though, what the tax situation is for a retired, high-income, dual Portuguese-American citizen who currently resides in the U.S. and may wish to relocate to Portugal in the future.
@@mbcase Thanks!! My wife and I make more than that, and we already pay a lot of capital gain tax on our investments. I was afraid to learn that Europe is not a good place to land now. We're in our 70s and were considering spending our last decade(s) in Portugal .... Wishful thinking.
Thank you Nick and Manuela! This information is invaluable. One Question that wasn't mentioned. Is there a timeframe to start planning before making the move?🎉
That's a good question, I'd say get up to speed on the government policies and tax incentives in general and then six months to a year before you move over start detailed talks with a financial advisor.
I receive disability from the US Veterans Administration. Now that NHR is gone, I was worried that I'd be taxed like mad when I move to Portugal. I just learned this morning that it can't be taxed in Portugal because of the US-PT tax treaty (article 21, section 2). In short, it can only be taxed by the issuing state. Still, you can bet that I'm getting with a professional on this!
Interesting and informative video thanks. Grewt question Nick about those moving just to get the tax break. On my visits it seemed to me that was common for those moving from different countries in the EU because they didn't have to pay in their country. I doubt there's much tax advantages for a US citizen because we still have to file US. Although depending on what state you live in Im assuming you'd get out of local state taxes. I always wondered how you can be a financial advisor with out being an accountant because taxes are a huge part of any financial plan.
Great Video Very educational I’m a Dual citizen Portuguese -American My parents own property in Portugal 🇵🇹 Just turned 57 looking to relocate to Portugal IRA, stocks in US What should I be planning in order to minimize taxes ?? What is her contact information and firm ?? Thank you
CHEGA isn’t in for a new plan…. Two seats in 2022, 50 seats in 2024… The Algarve was the only purple area in Portugal. Their target : get rid of immigrants poor, middle class and rich. Global income taxation applies to Portugal according to Manuela, how is it different from the U.S. then?
Hi all. Thanks for watching. If you think Manuela can help you on your journey, please drop us a line on algarveaddicts.com/contact
Hey, Nic! It's so nice to meet Manuela. Thanks to both of you! It would be great if she and her colleagues could do a similar seminar to the one that they do in different countries but online so we could all access it.
Maybe I should try and organise one. We're speaking at one of her local seminars next week.
Thank you Nic, I love your videos and am now an Algarve addict myself :-)
Fantastic! It's great to have you on board 😎✌🏼
Excellent video! It's very educational indeed. I wonder, though, what the tax situation is for a retired, high-income, dual Portuguese-American citizen who currently resides in the U.S. and may wish to relocate to Portugal in the future.
Hey there, I'd suggest chatting to Manuela directly. Get in touch by leaving us a message on algarveaddicts.com/contact/
@@mbcase Thanks!! My wife and I make more than that, and we already pay a lot of capital gain tax on our investments. I was afraid to learn that Europe is not a good place to land now. We're in our 70s and were considering spending our last decade(s) in Portugal .... Wishful thinking.
As Manuela mentioned there are perfectly legal ways around that, so I'd enquire further before dismissing it.
Thank you Nic. Very informative as always.
You're welcome 👍🏽
Thank you Nick and Manuela! This information is invaluable. One Question that wasn't mentioned. Is there a timeframe to start planning before making the move?🎉
That's a good question, I'd say get up to speed on the government policies and tax incentives in general and then six months to a year before you move over start detailed talks with a financial advisor.
I receive disability from the US Veterans Administration. Now that NHR is gone, I was worried that I'd be taxed like mad when I move to Portugal. I just learned this morning that it can't be taxed in Portugal because of the US-PT tax treaty (article 21, section 2). In short, it can only be taxed by the issuing state. Still, you can bet that I'm getting with a professional on this!
Interesting and informative video thanks. Grewt question Nick about those moving just to get the tax break. On my visits it seemed to me that was common for those moving from different countries in the EU because they didn't have to pay in their country. I doubt there's much tax advantages for a US citizen because we still have to file US. Although depending on what state you live in Im assuming you'd get out of local state taxes.
I always wondered how you can be a financial advisor with out being an accountant because taxes are a huge part of any financial plan.
Great Video
Very educational
I’m a Dual citizen
Portuguese -American
My parents own property in Portugal 🇵🇹
Just turned 57 looking to relocate to Portugal
IRA, stocks in US
What should I be planning in order to minimize taxes ??
What is her contact information and firm ??
Thank you
Hi Mario. Thanks for watching. If you think Manuela can help you on your journey, please drop us a line on algarveaddicts.com/contact
Please provide the name of her firm and website obrigado
Hi Mark, fill in the form here and we'll forward it on to her for you algarveaddicts.com/contact/
CHEGA isn’t in for a new plan…. Two seats in 2022, 50 seats in 2024… The Algarve was the only purple area in Portugal. Their target : get rid of immigrants poor, middle class and rich. Global income taxation applies to Portugal according to Manuela, how is it different from the U.S. then?