Please find a round up all the latest GV news from here in Portugal, don’t hesitate to ask if any questions and I’ll always reply as soon as possible.
Increasing demand for the Golden Visa from USA
Continued demand for GV for US citizens using retirement accounts.
Following my announcement in February, US clients have doubled now being able to invest whilst keeping the funds within their retirement accounts for US tax purposes. As a reminder, it is a common problem for US clients to withdraw from retirement accounts without facing significant taxes and potential penalties if younger than 59.5.
We now provide this service dedicated to our US clients, already saving some more than 100,000 EUR. Although the process takes little longer,savings held within a 401k and IRA can be used without having to withdraw the capital.
The process is approved by the IRS and the local laws here in Portugal.
Register for March Webinar – Live Q&A
I’ll be covering all these topics and more during my live webinar next week. You will also have chance to ask any questions at the end during a live Q&A. The event is complimentary, to receive the link just click below.
Portugal Golden Visa 2024 – Everything you need to know
Wednesday 17th July at 6.00pm Lisbon
If unable to make it for any reason, you’re welcome to schedule a personal discussion with me on Zoom. Please ask for next availability, alternatively you can choose a convenient time here.
You can watch the June update on YouTube here – Portugal Golden Visa – May Update 2024
I’ll continue to share important information with you this year to help keep you up to speed with any changes here in Portugal.
Please don’t hesitate to ask if you have any questions and I hope you found this update helpful.
I look forward to speaking with you soon.
