Non-Habitual Residents – the step-by-step process to get NHR
By Dr Eduardo Serra Jorge -
11th June 2020
“Non-habitual residents” are considered to be individuals who transfer their residence to Portugal and who, at least in the five years prior to registration as a “resident”, have not maintained their tax domicile in Portuguese territory.
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A rough guide to assess your photovoltaic (PV) needs in the Algarve With ever-increasing energy bills, more people are considering the option of investing in a photovoltaic (PV) solar panel system in order to generate their own power.
Photovoltaic technology is fast-improving in viability, leading to a rise in interest which in turn has seen a number of companies offering solar solutions.
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Who must pay social security in Spain?
If you work in Spain, you must pay Spanish taxes and register with the Spanish Social Security service. This registration is valid for life. You also pay contributions into the Spanish social security system in order to access its benefits. As a general rule, you must be employed and be paying contributions in order to be covered for illness, injuries, and accidents at work, unemployment, and maternity and paternity leave.
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Lawyers, Law Firms & Legal Advice
MDM Legal
Legal advice in criminal, property, labour, family/inheritance, administrative and contract law throughout the whole of Algarve, Lisbon and Alentejo. Guaranteed first reply to a query within 24 hours. Largo de S. Luis, 11C - 4º Dto, 8000-143 Faro
VISIT WEBSITE SEND EMAIL CALL Abrantes Advogados
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When the Brexit transition period ends at the end of the year, UK residents won’t be able to come and go as they please, which is bound to affect demand for second homes in Spain.
As of the first of January 2021 Britons can only spend 90 days out of every 180 days in the EU without a visa.
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What to do with an off-shore company anno 2020 Many of us, including myself, decided in the late nineties – early 20th. century to put their property in an offshore structure and maybe even put it in Trust.
Basically, there are 3 ways you could have acquired the shares of an offshore company:
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Moving from Malta to Portugal We are now (2019) faced with a situation whereby many property owners wished that they never had involved themselves in buying a property through an off-shore company. Many years ago many jurisdictions were blacklisted and the majority had the choice either to move to Delaware or Malta.
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Electricity supply in Portugal has historically been provided only by Electricidade de Portugal (EDP). Power provided by EDP is 220V AC, 50Hz single-phase or 380V AC, 50Hz three-phase. This is the same as in most of mainland Europe and Africa. It is different from that supplied in USA, UK, Ireland and most of anglophile Africa.
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Every Autonomous Community has its own regulations about the Spanish inheritance tax.
Who is bound by the Spanish inheritance tax Taxpayers who have their habitual residence in Spain, regardless of where are located the properties or rights inherited. Are also required to pay the tax, the non-residents in Spain receiving property and / or rights located in Spain by the way of inheritance.
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