Want To Move To Portugal? What To Consider Financially

The financial side of moving to Portugal is an integral part of a good transfer. Key factors to take into account include exploring the tax consequences, especially under the Non-Habitual Resident (NHR) program that could assist retirees and professionals. It is vital to review your investment portfolio, because some home country products may be less efficient in Portugal. And you also need to know about the legal requirements and fees of buying a property. Think about the implications on Social Security income and pensions – some international agreements might allow payments to continue. Last, but not least, develop a reasonable budget keeping in mind the living expenditures and unforeseen fees to fully enjoy the life in Portugal.