Property Peeps

Registered with Property118.com
Monday 3rd June 2019

Trading Status
Sole Owner

Insures properties through a broker recommended by Property118
No


Latest Comments

Total Number of Property118 Comments: 3

Property Peeps

19:58 PM, 4th June 2019
About A year ago

Why UK landlords are flocking to Portugal

Thanks again Mark Will definately book a consultation before committing to anything drastic. Are the consultations with you? ..... Family, kids etc. means it's a big decision and not something to be taken lightly! Understand that a Ltd co. is a separate entity and "transferring" in effect mean "selling" the properties and potentially incurs both stamp duty and CGT. Hopefully as a long time (full time) landlord I will have a good case to avoid the CGT if I transfer the whole portfolio, hoping to do a bit of consolidating, clear down all mortgages, then live in the sun l learn Portuguese... and golf on 19% tax for 10years.... wishful thinking but you've got to dream!... Read More

Property Peeps

22:35 PM, 3rd June 2019
About A year ago

Why UK landlords are flocking to Portugal

Reply to the comment left by Mark Alexander at 03/06/2019 - 13:43
Thanks Mark Alexander, I found the UK / Portugal tax treaty on the HMRC website. So best case for me is to move properties into a UK ltd co. get taxed UK at 19% then take divedends tax free for 10yrs. Thanks, a great source of info and links.... Read More

Property Peeps

13:38 PM, 3rd June 2019
About A year ago

Why UK landlords are flocking to Portugal

Hi Everybody
Looking at the Portugal NHR option have done a fair bit of digging online.
Looking to find out if income derived directly from rents, (Not through company) would be exempt under the NHR scheme? looking at it Dividends are exempt but found conflicting info on "income from immovable property"
Best info source so far : https://www.nonhabitualtaxresident.com/faq/
Any advice much appreciated.... Read More