Avoid these Non-Habitual Residence traps (2023)

Описание: IMPORTANT – PLEASE READ REGARDING THIS CHANNEL

The content on this channel is for educational and information purposes only. It should not be relied on as advice, and you should always take qualified advice before making any changes to your personal position.

Whilst I have experience in the financial and tax industry, this channel is for recreational purposes and is not an advertisement for my business or services. Its purpose is to share quality information.

Whilst every care is taken as to the accuracy of the information in these videos, the information provided is based on the understanding of the rules at the time, and rules can change with little or no notice.

Whilst I cover a wide range of issues on the channel, in my professional role I specialise in tax efficient investments, UK and overseas pensions, estate planning, and wealth management for expatriates based in Portugal. Unfortunately, I do not offer visa or tax return services, nor can I assist US nationals.

Thank you for your support and understanding. I hope to continue to provide you with valuable information to help you with your life in Portugal. If you have any suggestions for content you would like to hear, please let me know

What are the traps when you are considering Non Habitual Residence?

Most information on Non Habitual Residence focuses on the rules in Portugal but fail to consider the rules of the country you are leaving.

So in this video, we will look at:

• What is the catch to the Non Habitual Residence regime? Is it really too good to be true?
• Limiting your time in other countries and the tax residence rules you have to navigate
• The UK's 5 year anti avoidance rule
• The concept of domicile

As I always say, please take personalised advice before making the move to Portugal and do not rely on this information as advice.