If you are retired or over 65 and selling your principle private residence you may be eligible for significant tax breaks from the Portuguese Government
It is possible to mitigate the Capital Gains Tax whilst also receiving significant tax breaks on any income you take from the surplus funds released.
But only if it is structured correctly – in compliance with Portuguese tax lawDiscover the benefits
Complete the following eligibility checker to arrange an initial independent overview with a UK Qualified Accountant (CIMA, ACCA) who has been tax resident in the Algarve for over 10 years.
Click either 'Yes' or 'No' to answer
It looks like it may be possible to eliminate some or all of the CGT liability on your house sale and make tax savings on your retirement income.
We need more information to determine if this opportunity will work for you.