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Questions advisers must ask before clients move to Portugal

By Kirsten Hastings, 2 Aug 17

UK advisers with clients looking to move to Portugal and make the most of tax-efficient opportunities but avoid costly mistakes need to consider seven key questions, according to international wealth and tax management firm Blevins Franks.

What are the best property options?
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What are the best property options?

Another important issue to consider early is the tax implications of buying and selling property.

When is the best time to sell a UK property or buy a Portuguese home to limit capital gains tax and stamp duty in both countries?

Will Portuguese ‘wealth tax’ be due on the new property?

Understanding the answers could save thousands.

Tags: Blevins Franks | Currency | Investment Strategy | Portugal

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International Adviser covers the global intermediary market that uses cross-border insurance, investments, banking and pension products on behalf of their high-net-worth clients. No news, articles or content may be reproduced in part or in full without express permission of International Adviser.