Balearic Government abolishes Inheritance and Gift Tax The new Government of the Balearic Islands has abolished the Inheritance and Gift Tax (“ISD”) for acquisitions by death or through inheritance agreements (i.e., inheritance, legacy and inheritance in life) made between parents and children, grandchildren and grandparents, and between spouses.
Guidelines: Capital Gains Tax (C.G.T.) 2022 These guidelines are intended only as a summary. Tax laws and regulations change frequently and sometimes unexpectedly. It is strongly recommended that you seek professional advice.
DIVIDEND TAX IN PORTUGAL The dividend tax in Portugal applies both to residents and non-residents and it has a flat rate of 28%. However, a special participation exemption is applicable under certain criteria. Dividends paid to a Portuguese resident by a Portuguese company or an EU company are subject to a different taxation regime. A withholding tax on dividends is also applicable in Portugal; however, a special rate may apply if a double tax treaty exists between Portugal and the other jurisdiction. Our lawyers in Portugal can answer your questions concerning dividend taxation and other general questions about taxes for companies.
Find your way around Spain’s social security system. Learn about who contributes, how much, and the many benefits.
Anyone who is working in Spain must typically register and pay into social security, whether you are a Spanish citizen or an expat with a work visa. Workers in Spain pay higher social security contributions than the OECD average. That said, these payments provide access to many essential benefits, including free Spanish healthcare and retirement. Use this guide to navigate the system, with sections on:
Heat Pump Glossary
A Air Handler: The indoor component of a heating and cooling system that circulates air throughout a building.
Air Source: A type of heat pump that extracts heat from the air and transfers it elsewhere to raise or lower the temperature of a space.
Right of preference: what it is, to whom it applies and how to proceed
At the time of purchase and sale of a property. Find out what it means, who applies and how to proceed.
Please find below some of the major property portals to find the property you are looking for. The list below is based on finding a property in Portugal
Beverywhere: Beverywhere.com - The Only Way To Sell Your Property 1. Idealista idealista — Real estate in Portugal. Houses and apartments for sale and rent
Whether you live in Portugal, you are retired in Portugal or you are considering moving to Portugal, if you are planning to import a car to Portugal, there are some things you need to know.
Mortgage Rates: Everything You Need to Know Getting a mortgage is an essential step that almost all of us have to go through in the home buying process. But there are many elements with every mortgage: the amount of the mortgage loan, the mortgage term, the implied loan to value and the mortgage rate. This article is interested in that last piece: the mortgage rate. Over time we certainly endeavor to cover all components but it is our belief that mortgage rates need to be better understood by consumers simply because the interest rate is by far the most important variable of any mortgage loan.
