Europe has a reputation for high taxes… but this isn’t always fair. In fact, there are many low-tax and even-no tax schemes in place in various countries, which investors, businesses, retirees, and even remote workers can take advantage of.
These schemes are always subject to change or even cancelation… so I always advise people to move quickly if they want “in” on a particular program.
Portugal is a case in point.
Hot on the heels of major changes to its Golden Visa program—which mean that property is no longer a qualifying investment to gain residency—Portugal is considering another major change that will affect expats. Specifically,
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