PORTUGAL
NEWSLETTER
The number of COVID-19 cases in Gibraltar at this time remains low.
That is possibly the result of the early implementation by our Government of a firm series of measures. Like Portugal, Gibraltar has been on lock down for some time now with certain significant sectors of the economy such as bars, restaurants, gyms, construction sites and others all closed.
However, professional services offices such as ours have not been greatly affected and the Abacus office therefore remains open for Business As Usual
(BAU) subject to high vigilance on appropriate social distancing and other measures.
All of our employees, including the Board and senior management continue to operate fully, some from home, others in the office in order to maintain BAU. After weeks of these new arrangements, I’m pleased to report that all continues to work well, the integrity of our IT systems has proved to be admirable and all our staff continue to work hard to achieve full operational capacity.
Our over-riding objectives remain, firstly, the protection and welfare of our staff and, secondly, the continuing provision of a seamless service to all of you, our clients in order to maintain BAU.
You can reach us at any time at the usual numbers, by email or WhatsApp or any other social medium if you prefer.
Many clients are using this time to catch up on their personal affairs or to evaluate their long-term needs and planning, be it on wealth management, pensions or structuring. Please feel free to contact anne.darlington@abacus.gi or philip.cartwright@abacus.gi should you have wish to discuss your plans.
Once again, allow me to wish you all peace and good physical and mental health.
Every best wish
Chris Pitaluga
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A rich text element can be used with static or dynamic content. For static content, just drop it into any page and begin editing. For dynamic content, add a rich text field to any collection and then connect a rich text element to that field in the settings panel. Voila!
Headings, paragraphs, blockquotes, figures, images, and figure captions can all be styled after a class is added to the rich text element using the "When inside of" nested selector system.
If you are in the UK and want to apply for Portuguese residency you will need to make an appointment to apply for a Visa . Visas are issued by VSF global
The existing rules and, in particular, the exemption in respect of foreign pensions will continue to exist in respect of taxpayers who, at the time when the legislation entered into force (1 April 2020):
Taxpayers in the situations above may opt between the two regimes on their personal income tax return for 2020.
The main impacts may be summarised as follows:
The main impacts may be summarised as follows:
Summary provided by PwC Lisbon.
