Hi, my wife and I have owned a small cottage holiday home near Porches since 2011, we have usually taken holidays there 3 0r 4 times each year, for the past 5 years we have received our IMI Tax statements by post delivered to our UK Address,I then go into Financas Office and pay. We have previously received these in March,but we still have not received them, has anyone any idea if policy has changed due to Brexit ! or have property owners received their 2019 IMI Statements as usual?
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We are British and have an apartment in Lagos. We only recently heard about NHR and wonder if we would be eligible for it. We are not able to retire for 3 years and only spend about 15 weeks a year in Lagos. We are worried about our rights to remain in Portugal as second home owners post Brexit. We would really like a recommendation for an adviser we could speak to in the Lagos /Portimao area. Alternatively a reputable company we could deal with over the phone or internet. Many thanks.
I have a financial question.We are tax residents in portugal.We have a rental flat in the UKon an interest only mortgage which for the last 7 years, we haven't made any income on, as the interest only mortgage and expenses have been more than the rental income. Recently, last year in fact, they changed the law in the Uk to make all income from rental be seen as being taxable, whereas in the past we could offset our mortage expenses against it, but not any more,We obviously do tax returns in each country, but this year, although we have received no income, the Portuguese financas say we owe them tax against that income, even though we haven't in reality had any income from our rental, so we have had a bill for 1,200 euros we weren't expecting.Can anyone comment on this for us, please?
Hello Does anyone know when selling a property what the legal policy is regarding the signing of a promissory note and the buyer paying a deposit for property in PortugalShould the whole of the deposit be paid to the seller or does the agent keep 50% of the depositThanks
I am experiencing issues with my condominium management company in that they run the AGM in Portuguese (this does not allow English participation). Some owners are Portuguese but a lot of English/Irish also. They will not provide minutes of the AGM in English either (only a short summary). Are there any laws governing this?