Pages Navigation Menu

Owning Portuguese property through a company

Owning Portuguese property through a company

Many expatriates have found it tax-efficient to own property through a corporate structure. If you own Portuguese property this way, or are thinking about buying a home here through a company or trust, you need to be aware of some recent changes that may affect your tax planning.

New capital gains liability
In a corporate structure, the beneficial owner is often a shareholder of a non-trading holding company that purchases the property or the shares may also be held in trust. However, a new law giving Portugal taxing rights on non-resident shareholders has greatly reduced the tax advantages of this approach.

Read more here