Understanding Property Taxes in Portugal: What You Need to Know

[@lingeng2659]

Will owning a property in Portugal make a person an income tax resident status, which mean that your whole income is taxed also?

[@Carolinapetroska]

Yes

[@2011homeboy]

I hate those wealthy taxes 😭

[@charmerci]

So any long term rentals for non-tax residents is 28%?

[@goldcrestadvisers]

That would be the maximum tax rate, but depending on the duration of the contract it can actually be lower. Feel free to contact us if you need more information. beglobal.link/contact-us-yt