Tax impact before moving to Portugal

Before deciding to move to another country, the important question arises: what will be the tax impact of this move? When planning to move to another country, it is highly recommended that you carry out a detailed analysis of the tax implications involved.

Even if all assets or income remain in Brazil, moving abroad has significant consequences that may affect ongoing financial planning.

Drawing up a scenario of the taxes that may be levied after the move is essential. This not only allows you to anticipate the costs involved, but also to identify more economical alternatives and ensure correct compliance with tax requirements, both in Brazil and in the destination country, such as Portugal.

In addition, it is essential to consider the specificities of the destination country’s tax system, its tax rates, international tax treaties and possible tax benefits for foreign residents.

Careful analysis in this pre-change phase can make for a smoother transition and avoid unpleasant surprises in the future.