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>"Our sucess boils to a tourism increase (driven from political instability in other countries and a very laxed tax system for foreigners)" Can you elaborate o
by bogomipz 8y ago
>"Our sucess boils to a tourism increase (driven from political instability in other countries and a very laxed tax system for foreigners)"
Can you elaborate on what or how the tax system is very lax for foreigners?
- deleted 8y ago[deleted]
- uxhack 8y agoThere are a number of tax breaks for foreigners, meaning effectively if you have not live in Portugal for 5 years you do not pay hardly any tax. This is dependent on you getting good advice.
- galfarragem 8y ago"Dividends are Tax free from the UK for 10 years, 20% on local income. EU passport if you spend 500k on property" https://news.ycombinator.com/item?id=18165995 https://news.ycombinator.com/item?id=18165995 As an anecdote, Madonna is nowadays living in Portugal. Media says the reasons are the Lisbon sunlight and her son wants to learn soccer.