Secure your financial assets as an expat in Portugal

Cheryl · 2023-06-23T07:38:47+02:00

Discover essential investment options and tips for expats in Portugal. Discuss strategies, property insights, and banking services to secure your finances.

Cheryl Moderator

Member since 15 October 2018

CherylModerator23 June 2023 05:38:47

14357

Hello everyone,

As we navigate the exciting world of living and working in Portugal, it's essential to make informed decisions about our financial future.
We鈥檇 love to hear about the different investment options available for expats: how to invest in Portugal or in your home country, explore international options or use online accounts.

To kick off the discussion, here are some guiding questions:

What are the investment opportunities as an expat in Portugal? Are there any specific investment programs?

In your opinion, what are the advantages and disadvantages of investing internationally ? How is your experience with international investments?

What specific points should you consider regarding your investments as an expat (exchange rate management, international tax obligations or repatriation of funds)?

Do you use specialized banking services for expats, such as multi-currency accounts? What are the pros of these services and how do they help you with your finances?

How is the property market for expats? Are there any specific regulations or aspects we should be aware of when investing in real estate in Portugal?

What strategies do you apply to save and invest for your financial future in Portugal and/or to secure your children's financial future?

Thank you very much for sharing your experience with us!

Cheryl
海角乱伦 Team

kiransidhar New member

Member since 07 June 2023

kiransidharNew member28 June 2023 13:49:55

@Cheryl Hi. I am new to Portugal and still in the process of sorting out my D7 and residency. As for the subject in hand, I have been stocks and shares ISA investor for many years in the UK with Vanguard. Once I have sorted out my residency and looked into my tax status, if it should be UK or Portugal, I will then decide whether I carry on with my stocks and shares in the UK with Vanguard or look at similar opportunities in Portugal.

In the meantime, I am concentrating on simpler matters of sorting out my bank account and residency, which has not been easy with language barriers and bureaucracy.