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Podcast: Offshore Tax with HTJ.tax
Episode: Declaring Foreign Assets to Portugal: What You Need to Know
Description: If you’ve moved to Portugal or become tax resident there, one of the most common questions is: “Do I have to declare my assets abroad?” The answer is yes — but it’s important to understand what that really means.Key Requirement:Under Portuguese law, residents must file the “Modelo 10 – Declaração de Início de Atividade e Identificação de Contas e Aplicações no Estrangeiro.”This is an informational declaration, not a tax return. It notifies the Portuguese Tax Authority (AT) that you hold foreign accounts or investments...