Portugal is one of the world’s most amazing countries. However, when moving, there are a number of things expats should know and how they can benefit from tax rebates. What are the benefits of providing your Portugal Tax Number when shopping? If you provide your NIF when purchasing items such as food, medicines, and furniture or use the services of a hairdresser or public transport and provide your NIF, then you can benefit from a €250 tax rebate on your annual tax return. There are other substantial tax savings, so follow the video.
All advice comes from living in Portugal for a number of years. I want to share my experiences and suggestions to avoid pitfalls.
If you want to know how you can apply for a NIF (Portuguese Tax Number) and open a bank account, follow the link below:
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Chapters
00:00 Introduction
00:26 About Portico and Bridge
00:42 Tax benefits
03:38 Disclaimer
Trafford’s journey started in 1986 when I ventured into the business world at the tender age of 18. Since then, I’ve co-founded multiple businesses in various countries, Malta, Latvia, Portugal, China, Hong Kong, Cyprus, Montenegro, Vietnam & Singapore. Giving me in-depth knowledge of setting up & operating a business in various jurisdictions
The sectors spanned from retail, importation & distribution, property development, residential & commercial property investments, shopping mall, residency & citizenship by investment on a B2B & B2C level. This diverse spectrum of industries & jurisdictions has given me a broad insight into the international business world.
During the 2008 financial crisis, I took the bold decision to turn East to attract wealthy investors to the European property market. Since this date, my team & I have offered fast, efficient, transparent, professional advice to thousands of families who successfully achieved permanent residency or citizenship worldwide.
I emphasise with clients since I passed through the experience first-hand, leaving my home country & relocating to Portugal. Also spent time in Latvia & Cyprus before moving to Beijing. Now I spend most of my time between Coimbra, Singapore & Ho Chi Minh City, Vietnam.
I understand the meaning of moving from one country to another, the bureaucracy involved, & most of all the heartache when working with the wrong partner or lawyer. However, I know how choosing the right partner will save you time, money and, above all, many sleepless nights,
I know the limitations of a less desirable passport, being married to an Asian woman. The travel restrictions we face as a family. My passport takes me to over 180 countries visa-free, whereas my wife’s is limited to 52 destinations. This is the reason why I strongly believe in a… A world without borders!
In 2020, I co-founded Portico & Bridge – A boutique direct-to-client firm that assists High & Ultra Net Worth Individuals to secure their family’s future and generational wealth through Residency or Citizenship by Investment opportunities across the globe.
We offer:
• Malta Permanent Residency Program (AKM Millo -21)
• Malta – Naturalisation for Exceptional Services by Direct Investment (AKM Millo -21)
• Portugal – Golden Residency Visa
• Greece – Golden residency Visa
• Cyprus – Permanent Residency
• Grenada – Citizenship
• St.Kitts & Nevis – Citizenship
• Domenica – Citizenship
• Antigua & Barbuda – Citizenship
• St Lucia – Citizenship
• Turkey – Citizenship
• EB5 & E2
• Canada Startup Visa
Trust – Integrity and Transparency.
For those who want to learn more about how you can secure your travel and financial freedom…… Visit our website porticoandbridge.com send us a message, and start your journey to become a global citizen.
We would appreciate it if you would help our effort by pressing the Like – Subscribe and the notification bell.
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Visit our website – www.porticoandbridge.com.
Facebook – www.Facebook.com/Porticoandbridge
LinkedIn –
About Trafford –
Wechat – HCMC888888888
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00:00 Introduction
00:26 About Portico and Bridge
00:42 Tax benefits
03:38 Disclaimer
DISCLAIMER: The information presented in this video is generic and should not be construed as any advice, be it financial, tax, investment, or any other form of professional advice.
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