I’m trying to align my investment plan regarding to migration to Portugal in future, and its tax consequences
By searching all over the resource and a lot of others, I’ve found out this simple tax scheme:
- Income on dividends from foreign source
a) 0% from non-laundry countries while on NHR
b) 28% after that
- Cap gain income - 28% at any time.
Could anyone confirm it’s correct?
What confuses me is:
- 1a) - is it really 0%? If I own ETFs domicilated in Ireland (with 0% withholding tax), then dividends are completely tax-free for me?
- 28% for investment income - I couldn’t find any progressive tax levels, only flat rate. Is it really so?
Thanks in advance!