Loafing Along

I think the whole NHR situation is over-hyped . Back to the newspaper article it refered to increased applications at a rate of 10 a day. Assuming a normal working week that is only about 2,500 a year . Earlier there were fewer applications so probably over the life of the legislation maybe 20,000 people with NHR status - in an EU population of 300 million that is hardly a figure that will shatter the economy of countries such as Holland, Sweden , France and UK. Probably not achieved benefits the Portuguese government imaged when they introduced it back in 2009 so now just better to "move on" and have good relations with the rest of the EU.

Do you think Madonna will apply ??

GeniB

GeniB

Oh Pleeeezeee Eric... Get over yerself...

My SIL is Finnish. It was reported in her local paper after one of the directors of a 'huge Finnish company' (and no I don't know which) said on TV that she was moving to Portugal with her family to avoid paying tax in Finland. Caused a huge political row....and complaints to both Portugal and Brussels.

GeniB

I bet she will At least her accountants will insist on it. But for her it will be surely the Golden Visa?. she is American and therefore not eligible for NHR..

Michael Fassbender on the other hand would be able to apply

Red Eric

Yes, I'm aware of most of that (although paradoxically I think that in that particular case the controversy was over avoidance of inheritance tax, which is a separate issue).

What I'm not aware of, though, is complaints specifically to Brussels or to the EU. Normally such a thing would be registered and would lead to an investigation and a response but, to the best of my knowledge, there has been nothing of that nature reported.

In fact, all the sources I've come across seem to agree that Portugal isn't breaking any EU regulations, which would make any formal complaint procedure pointless.

Red Eric

Pilou

Is joining Afpop still wise to do???

Loafing Along

If yoy want the super deal on Allianz medical insurance yes .

Ukkram

Yes if you live in the Algarve as you discounts for many services and medical insurance. The medical insurance discount alone covers the AFPOP membership fees.

toots sweet

Is that also the case if not in the Algarve?

Loafing Along

yes although the administration and the Afpop activities take place in the Algarve

Ukkram

As I live in the north I get no discounts and only benefit from the Allianz Medical. I need to keep my AFPOP membership as Allianz is the only medical insurance that allows one to stay a member after reaching the age of 70.

This medical insurance is tailored for AFPOP members only.

AliceCaroline

This confuses me too.

I don't think NHR was an EU thing. Thought it was a PT thing open to people from anywhere.

Loafing Along

It is

Red Eric

Perhaps there's a definition of "not eligible" which we're overlooking?