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Search: Posts Made By: wellinever
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Forum: Portugal
Jan 26th 2023, 8:48 am
Replies: 25
Views: 713
Posted By wellinever

Re: Land in portugal

Yes, suggest you listen to what you have read on here. Never trust a seller or estate agent. You would be the one left with any problems and getting out of a mess in Portugal is both very time...
Forum: Portugal
Jan 24th 2023, 12:33 pm
Replies: 1
Views: 208
Posted By wellinever

Cost of Medicines

A note of caution to those that dont know.read on......
As an SNS patient or Private please be aware of the vastly different cost for the `same` Medicines in Portugal.
When you are issued with a...
Forum: Portugal
Jan 24th 2023, 10:16 am
Replies: 8
Views: 312
Posted By wellinever

Re: What mobile service do you recommend?

In my experience signal is pretty good in most towns/cities, but can vary a great deal outside. Often they use the same masts, hence an all or nothing location dependant. But that is much the same in...
Forum: Portugal
Jan 24th 2023, 10:01 am
Replies: 20
Views: 777
Posted By wellinever

Re: Private Medical Insurance

When I was resident first time round, in 2005- 2010 I had full Health Insurance with Allianz PT.
I left Portugal in 2009, and my 5 year PT residency lapsed. However I continued to pay for the Health...
Forum: Portugal
Jan 23rd 2023, 11:46 am
Replies: 8
Views: 312
Posted By wellinever

Re: What mobile service do you recommend?

Main mobile operators in PT are MEO, NOS, Vodafone.
Check their websites for plans.
Data signal varies greatly depending on location.
Buy a mobile sim (inc data) from each and try where you are.
...
Forum: Portugal
Jan 23rd 2023, 6:25 am
Replies: 20
Views: 777
Posted By wellinever

Re: Private Medical Insurance

Depends what you are wanting, what for and your age.
If you are looking for something to merely cover your application for residency visa then no this is prob. not what you want or need.
As a...
Forum: Portugal
Jan 21st 2023, 6:16 pm
Replies: 13
Views: 457
Posted By wellinever

Re: Getting set up in Portugal as a 90-day tourist

Me thinks you need to fully understand what you are doing, cause it sounds like you dont.

The NIF is nothing to do with banking......its the Beady eye of the taxman in Portugal knowing every move...
Forum: Portugal
Jan 21st 2023, 6:03 pm
Replies: 20
Views: 686
Posted By wellinever

Re: Help Advice please

Why Portugal?
Forum: Portugal
Jan 19th 2023, 11:41 am
Replies: 20
Views: 777
Posted By wellinever

Re: Private Medical Insurance

join AFPOP (expats group) ..............https://www.afpop.com/en/page?benefits=health-insurance
Then go online to `Medal` Portimao, and invest in the group Health insurance policy with Allianz,...
Forum: Portugal
Jan 11th 2023, 10:14 am
Replies: 109
Views: 3,868
Posted By wellinever

Re: CGT on sale of property

is that not where a fiscal rep comes in?
Forum: Portugal
Jan 11th 2023, 8:00 am
Replies: 109
Views: 3,868
Posted By wellinever

Re: CGT on sale of property

As a UK resident, regarding UK CGT, using my figures from post 68 above, the UK Capital Gain Tax payable would be £54,000, slightly more after 1st April 2023.(as a second home)
In PT tax would be...
Forum: Portugal
Jan 11th 2023, 7:43 am
Replies: 109
Views: 3,868
Posted By wellinever

Re: CGT on sale of property

But if PT AT get their tax, why would they inform any other Worldwide Tax regime?
Forum: Portugal
Jan 10th 2023, 7:03 pm
Replies: 109
Views: 3,868
Posted By wellinever

Re: CGT on sale of property

###

So I guess tighter exchange of info from AT and HMRC (in case of Brits), helping to avoid non payment of CGT in UK on sale of second homes overseas
Forum: Portugal
Jan 10th 2023, 11:36 am
Replies: 109
Views: 3,868
Posted By wellinever

Re: CGT on sale of property

Anyone correct me if this is incorrect.
As far as a PT tax resident reinvesting in another main property, the calculation for CGT in PT would be as follows (fictitious figures)

Full sale...
Forum: Portugal
Jan 10th 2023, 8:53 am
Replies: 109
Views: 3,868
Posted By wellinever

Re: CGT on sale of property

Given a high gain, using 28% of 50% would be better than that given to a PT resident, so cant be real.
Forum: Portugal
Jan 10th 2023, 8:41 am
Replies: 12
NHR
Views: 436
Posted By wellinever

Re: NHR

Isn`t the criteria that you have NOT been tax resident in Portugal for the previous 5 years, rather than the applicant proving that they were tax resident somewhere other than Portugal?
If your...
Forum: Portugal
Jan 9th 2023, 9:03 pm
Replies: 109
Views: 3,868
Posted By wellinever

Re: CGT on sale of property

Yes of course, silly me..............now back to UK space launch !!!!!
Forum: Portugal
Jan 9th 2023, 8:42 pm
Replies: 109
Views: 3,868
Posted By wellinever

Re: CGT on sale of property

Yes Red I am well versed n the abater business, but wa snotg sure just how MV fitted in. But clearly its a simple sum using top rate of tax and the e9K abater.
But my interest is the difference in...
Forum: Portugal
Jan 9th 2023, 10:08 am
Replies: 109
Views: 3,868
Posted By wellinever

Re: CGT on sale of property

Thnks Red.I was not sure if, as a resident, when you sold and made a gain, that your work/pension income was taxed at the the normal rate for that income bracket (43.5%) or added to any CG and then...
Forum: Portugal
Jan 8th 2023, 7:32 pm
Replies: 109
Views: 3,868
Posted By wellinever

Re: CGT on sale of property

So just to clarify the situation for this year and beyond would someone like to confirm my understanding of the situation for a non resident Brit
Using actual gain in PT of 100,000e after time owned...
Forum: Portugal
Jan 8th 2023, 10:47 am
Replies: 109
Views: 3,868
Posted By wellinever

Re: CGT on sale of property

Yes that would be an answer. But considering IMO property prices will stagnate for the next 2 years all over Europe and UK, or at best see only small increases, a similar reinvestment in PT probably...
Forum: Portugal
Jan 7th 2023, 5:35 pm
Replies: 109
Views: 3,868
Posted By wellinever

Re: CGT on sale of property

Heres` a thought......still on subject of CGT in PT as a PT resident,
If a PT resident has owned a property in the UK, which was only ever a principal home when resident in UK, and now sells it what...
Forum: Portugal
Jan 6th 2023, 7:28 pm
Replies: 109
Views: 3,868
Posted By wellinever

Re: CGT on sale of property

I understand what you say Red, but I just do not believe that a property used as a main home should incur any tax at all when sold. Normally its not just a chattel bought as in investment in order...
Forum: Portugal
Jan 6th 2023, 2:39 pm
Replies: 109
Views: 3,868
Posted By wellinever

Re: CGT on sale of property

AT just does not know when enough is enough.....suffice it to say, wont be going there.
Forum: Portugal
Jan 6th 2023, 9:59 am
Replies: 109
Views: 3,868
Posted By wellinever

Re: CGT on sale of property

So for example, if I was to open an AL on my permanent house, just for holiday lets, as a PT resident, run that for say 2 years, and then sell the property, without any reinvestment would that be...
Showing results 1 to 25 of 1000
 


 
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