shock for retirees in Portugal

Wadesnan and Monica- I have no horse whatsoever in this race - it does not affect me at all. And was just passing on the information I read today.

Yes growstuff, this was it I believe. These people would provide employment, building, tradesmen, farmers, shopping, cleaning, restaurants, etc, etc, etc.

jura tax changes always affect people, some for better some for the worst. Taxes are always changing in every country

If you choose to retire abroad, you should take all these things into account and realise that something like a no tax regime is one thing that is most likely to disappear.

Presumably it was to encourage relatively wealthy people to live in Portugal. I expect they had to pay VAT and other taxes, so they were bringing money into the country, spending it and contributing to services and boosting employment on service jobs.

In the UK, personal income tax contributes only 25% to the Treasury's income.

jura are you suggesting that people with sufficient capital to retire to a different country should not pay tax? That they should enjoy all the facilities of the country they move to without making any contribution?

This is not about people with holiday homes, but people who choose to retire there permanently.

The fact they are entitled to do it, does not mean it will not seriously affect some people- as the goalposts change.

I cannot see any problem. All governments are entirely free to change taxes as and when they will. It is what governments do.

We have a holiday home in France. When we moved there, after 20 years, our house could be sold without paying any capital gains tax, that has now risen to over 30 years. So what. The French government was entirely entitled to change this.

sorry shoud have erased 'Offre d'emploi à l'internation' after title.

From 'Courrier Expat' sorry in French only:

''Désormais, les retraités étrangers qui s’installeront au Portugal devraient être imposés.
Offres d’emploi à l'international

C’est un débat régulier au Portugal, relancé ce vendredi par le Jornal de Negócios. “Les retraités étrangers qui s’installent au Portugal devront payer des impôts”, annonce en une le quotidien économique portugais. À ce jour, ces derniers en sont exemptés en bénéficiant du statut de résident non habituel (RNH). Un régime fiscal mis en place en 2009 pour attirer les étrangers à fort pouvoir d’achat, qui leur permet de ne pas payer d’impôts sur leurs pensions durant dix ans, ni au Portugal ni dans leur pays d’origine.''

In short, a new tax system was started in 2009 to encourage retired foreigners with hish spending power to settle in Portugal, where they didn't pas tax either in Portugal nor back home - is being over turned.

What do you mean 'rubbish' - Portugal is not Spain ! In Portugal, retired expats used to be exempt for 10 years (so most did not pay tax, neither in UK nor Portugal.

If people don't pay tax, how are countries supposed to fund their services!

Rubbish, you pay tax in which ever country you are residant in for 183 days or more. I pay more in Spain than I would do in the Uk7.

for newcomers however, not those already settled there.

Apparently so.

It used to be exempt for ten years, then a small amount of tax to pay. Has it changed?

Not sure what you mean jura2 are you referring to UK or Portuguese taxes.

I presume you mean UK tax, jura?

Retirees from the EU we previously exempt- but EU retirees will have to pay too, so perhaps not Brexit related?

Brexit?