Reply To: What property taxes do I have to pay on my Portugal property?

Portugal › Finance, Currency, Insurance & Taxes › What property taxes do I have to pay on my Portugal property? › Reply To: What property taxes do I have to pay on my Portugal property?

12/09/2022 at 5:36 PM #121797
Efa

    For UK citizens like me, ie non-resident property buyers in Portugal these are the one’s I’m aware of.

    • Transfer tax and stamp duty
    • Annual ‘wealth tax’ if the property is valued over €600,000
    • Possibly capital gains tax in both the UK and Portugal
    • Inheritance taxes

    I would highly recommend you get some help with your cross-border tax planning to ensure you get things setup correctly to minimise your tax obligations and be able to sleep at night!

    Best.

    Efa