Are Portuguese immigrants buying a house reliable? What problems should we pay attention to?

Hello, the problems that Portuguese immigrants need to pay attention to when buying a house.

1. Portuguese real estate rental needs to pay taxes.

When Portugal's economy is improving day by day, not only the price of real estate is rising, but also the yield of real estate rental is rising steadily. Renting a property in Portugal will generate income. For this kind of rental income, according to the relevant laws and regulations, rental income tax is required. Generally speaking, the lessor needs to hire a special tax representative and then declare personal income tax for the lessor every year. Here is a very important reminder. The tax representative will send an email to the lessor's mailbox to inform him to file tax returns. Be sure to check the email so as not to miss the important tax payment notice.

Second, how to calculate the income tax after renting a house in Portugal?

According to the relevant laws and regulations of Portugal, the rental income tax in Portugal is 28% of the total rental income, which is still relatively high. At the same time, if the lessor's property is leased to an individual, 28% of it needs to be borne by the lessor, but if the annual rental income is higher than 10000 euros, the lessor needs to bear 25% of the total rental income tax, and the lessor needs to bear 3%.

3. After buying a house in Portugal, how to pay income tax on the leased property?

Usually in 1 month every year, the tax representative will send an email to the lessor to confirm whether the rent was received in the previous year and whether the rent amount is correct. The lessor needs to confirm that the property is in the rental state, and whether the rent received is consistent with the rent amount declared by the tax representative. If so, you can notify the tax representative to file tax returns. If it does not match, the lessor needs to send an email to the tax representative to inform him of the actual amount of rent collected, so that the tax representative can modify the tax return amount. Every year in July and August, it is the time to pay the rent income tax of the previous year. At that time, the tax agent will send authorization or remittance information to the lessor, notify the lessor to sign the account authorized for transfer or remittance, and hand it over to the tax agent to file tax returns for the lessor. Note: the lessor needs to ask the tax representative for a receipt after issuing the tax payment certificate. At this point, the rental income tax declaration and payment is completed!

In fact, in Portugal, although there are many trivial matters such as taxation in daily life, the sound lawyer system and related service system make taxpayers feel that it is not too much trouble, as long as they leave professional things to professional people to operate.

Fourth, with the strong economic recovery, Portugal's real estate rental income has been rising.

At present, the August 1 data released by Eurostat shows that the initial gross domestic product (GDP) of the euro zone 19 countries increased by 2. 1% year-on-year, higher than the first quarter 1.9%. Analysts predict that the euro zone will maintain such a recovery momentum in the second half of this year. At the same time, the overall unemployment rate in the euro zone has also begun to drop sharply, with Portugal's performance being more eye-catching and better than the average level in the euro zone.

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