Saturday 25 May 2019

Why rich Brazilians are scooping up property in Portugal

Brazilian multimillionaire Ricardo Bellino lived more than 10 years in Miami before relocating to Portugal, which has emerged as a haven for affluent Brazilians. Bellino, 53, who bought a home near Lisbon, will gain from a flat income-tax rate of 20 percent in Portugal, where he also may be eligible for a tax-free pension after he retires. He told Bloomberg his relocation to Portugal from Miami enabled him to reside in “a tax haven that […]



source https://therealdeal.com/national/2019/05/25/why-rich-brazilians-are-scooping-up-property-in-portugal/#new_tab

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