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Rubens Nogueira
Nomad Capitalist
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Comments by "Rubens Nogueira" (@rubensnogueira5838) on "Four Problems Paying Zero Tax with Portugal’s NHR Program" video.
@peterbyrne3228 my conclusion was: it is ok, as long as you don't perform any work for that company/holding, otherwise you will be liable to corporate tax. As I said, check out the other thread where a tax lawyer describes it with more details.
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@libertos9960 Not so easy. Check out another comment on this video regarding management of foreign companies. I still didn't find a source telling exactly what rules Portugal use to determine how a company could become tax resident if (part of) the board is tax resident.
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Do you have any sources for that CFC issues? That's the only reason missing to start moving myself. My company is not in a tax haven but I don't want to see it considered as having seat in Portugal just because I become resident...
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@jeremyleonbarlow you are the man! I will take a look at PWC before removing Portugal from my list. What a pity...it would be the "easiest" citizenship to get.
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