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[ Offshore Tax ] Does Signing a Rental Agreement Trigger TAX RESIDENCE in Portugal
Find out if signing rental agreement in Portugal can trigger tax residence!
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TIMESTAMPS:
0:00 – 0:05 intro
0:06 – 0:37 Does signing a rental agreement trigger tax residence in Portugal
0:38 1:49 Answer to question if signing a rental agreement trigger tax residence in Portugal
1:53 – 2:27 outro
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DERREN JOSEPH:
I’m a US citizen, I’m still in the US but I’m considering applying for the D7 visa. The application process requires applicants to sign an apartment lease in Portugal prior to applying for the D7 and prior to flying to Portugal. If I’m still living in the US. Does signing this lease for an apartment in Portugal, immediately trigger tax residents in Portugal? Or Portugal tax residency not triggered until I land and set foot in Portugal soil, Augusto?
AUGUSTO PAULINO:
Okay. So the fact that you sign a rental agreement does not immediately trigger the tax residency. So, the first day that you get to Portugal could be the first day of tax residency if it is your intention to stay here in these houses that you rented with the intention to be your main involvement.
DERREN JOSEPH:
Okay. All right. So this is one of those questions parts.
AUGUSTO PAULINO:
Okay. Just for completeness. Usually, this is the common procedure process. So, first, you need to have a rental agreement or even buy a property in Portugal and then apply for the visa and follow all the steps that are required for immigration purposes to have a residency permit and so on. And only after those steps are completed, you can be a registered tax resident.
DERREN JOSEPH:
Okay. All right.
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