Taken from International Asset Protection Planning: The debtor’s dilemma – planning for and protecting against future judgmentsVirtual Round Table Series, December 2016: Private Client Working Group Portugal is halfway between the UK and Florida in its position on asset protection. Both the Portuguese Constitution and the European Convention of Human Rights prohibit imprisonment by reason […]
Taken from International Asset Protection Planning: The debtor’s dilemma – planning for and protecting against future judgmentsVirtual Round Table Series, December 2016: Private Client Working Group If only one spouse is on the title of the judgment debt, that spouse is the only one responsible for the debt incurred. However, if individual assets are not […]
Taken from International Asset Protection Planning: The debtor’s dilemma – planning for and protecting against future judgmentsVirtual Round Table Series, December 2016: Private Client Working Group Asset protection trusts (APTs) are effective if a debtor is entering into a risky business transaction and wants to protect existing assets from a possible future debtor judgment, but […]
Taken from International Asset Protection Planning: The debtor’s dilemma – planning for and protecting against future judgmentsVirtual Round Table Series, December 2016: Private Client Working Group Bearer shares and assets held within a Portuguese limited liability company are, in principle, shielded from a judgment against an individual. If the shares are nominative, the creditor might […]
Taken from: A New Place to Call Home Residency options and implications for high net worth individualsVirtual Round Table Series Private Client Working Group 2017 Portugal offers investors, pensioners and qualified professionals the ‘Non Habitual Tax Resident’ (NHTR) status which grants full exemption on most classes of foreign sourced income like pensions, dividends, interests and […]
Taken from: A New Place to Call Home Residency options and implications for high net worth individualsVirtual Round Table Series Private Client Working Group 2017 In Portugal, anybody from anywhere can buy real estate. The buyer will pay a transaction tax of 6 or 6.5 per cent plus stamp duty at 0.8 per cent. Brokers […]
Taken from: A New Place to Call Home Residency options and implications for high net worth individualsVirtual Round Table Series Private Client Working Group 2017 In Portugal every lawful resident is entitled to full health coverage by the Serviço Nacional de Saúde (NHS), ranked 12th in the world by the World Health Organisation. In addition […]
Taken from: A New Place to Call Home Residency options and implications for high net worth individualsVirtual Round Table Series Private Client Working Group 2017 An ‘off the shelf’ company, where you do not choose the name or the status, can be set up within 24 hours. The company will be able to trade immediately. […]
Apart from the Non Habitual Tax Resident (NHTR) and Golden Visa programs, I would stress Portugal’s liberal outlook. Portugal not only accepts gay marriages, it allows marriage between any two gay foreigners, a disposition of the law which has proven popular among citizens of countries where gay marriages are forbidden. Portugal also recognises gay marriages […]
IR Global, the world’s largest exclusive network of advisory firms is delighted to introduce Roberto Mendes Londral of Mendes Londral & Associados. Roberto has joined IR as our exclusive Tax (Law) member in Portugal. Roberto initiated his career as a tax auditor and tax consultant at Deloitte (Lisbon), in 2003. Three years later, Roberto joined the […]
Roberto Mendes Londral was recognized by the American “Best Lawyers” directory in the Corporate area, on 12.12.2017. This American ranking distinguishes annually the Lawyers having greater appreciation among their peers, in diverse areas of practice. Above all, this distinction is the recognition of the hard work and full dedication of the entire team of ML&A […]
As from May 25th a new set of rules on data protection (General Data Protection Regulation or GDPR) will take effect across the EU, involving individuals, companies, administrations and other organizations to the same extent. This new European framework aims to provide greater protection of individual rights and new opportunities for business by clarifying and modernizing […]