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Can expats pay less tax in Portugal or Spain when moving there? Through the Spanish Beckham Law and the revised Portuguese NHR scheme, along with other strategies it is possible to one's taxes in both countries. In this video I'm joined by Marilo Pardo and Pedro Abreu, tax advisors at Fresh Legal. We talk about the tax system in Portugal and Spain, and the taxation of local and foregin personal income, property and crypto taxation and tax reporting requirements.
** This video is sponsored by Fresh Legal **
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Mentioned in this video:
🔹 Book a consultation with Marilo Pardo: www.fresh-legal.com/book_servi...
🔹 Book a consultation with Pedro Abreu: www.fresh-legal.com/book_servi...
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Chapters:
0:00 - Intro
1:25 - Which is better - Spain or Portugal?
2:18 - Expat tax schemes - Spain's Beckham Law
4:26 - Expat tax schemes - Portugal's former NHR scheme
6:50 - Expat tax schemes - Portugal's new TISRI scheme
9:25 - Tax reporting requirements in Portugal and Spain
13:40 - Are the tax authorities very strict?
16:27 - Property taxation in Portugal and Spain
23:28 - Inheritance and Gift Tax
28:31 - Taxation on Cryptocurrency
33:19 - Are there any further tax reforms planned?
36:08 - Tax strategies for expats moving to Spain and Portugal
38:53 - Important info for expats with a foreign entity
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Partners and Affiliates:
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About me:
Welcome to Millennials With Money!
My name is Jonny, I'm a financial analyst from the UK, currently living and working in Spain.
I created this channel to help and inspire young people to improve their financial situation and live life to the full by sharing my own experiences with money and living abroad.
I upload content on a weekly basis about personal finance, how to invest your money, tips to help you save more money, real estate and property, and travel and living overseas.
Everybody is welcome in the Millennials With Money community! Let's get this money!!!
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Music by Epidemic Sounds: share.epidemicsound.com/o6n1px
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#spain
#portugal
#expat
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DISCLAIMER: The opinions and views shared on this channel are for entertainment and educational purposes only and are not to be taken as financial advice. Always conduct your own research prior to making any financial decision. Millennials With Money cannot be held responsible for any financial loss incurred from any decisions you make following this video.
5 авг 2024
