The Importance of Fiscal Security in Global Moving

11 de April, 2023

The Importance of Fiscal Security in Global Moving

Global moving involves many complex issues, especially when it comes to financial assets. Understanding the destination country's tax and fiscal laws can be difficult, making expert help essential.
Reading: 3 min

Moving to another country is an exciting experience, but it can also be complicated when it comes to tax issues. To ensure a safe and successful move, it is important to enlist the help of global moving experts to provide guidance on tax and legal issues related to your move. Atlantic Bridge partners with BDO, one of the world’s leading consulting services firms, to provide peace of mind for our clients. In this article, we will explore the advantages of having the help of experts and the importance of tax security in global moving.

Talk to a Tax Security Specialist at Global Moving >

Why ask the experts for help?

Global moving involves many complex issues, especially when it comes to financial assets. Sometimes understanding the destination country’s tax and fiscal laws can be difficult, making help from global moving experts essential.

The help of an expert is especially important (fundamental!) for those who have income from different sources, or high and diversified assets.

An expert can help you understand the tax and fiscal laws and regulations of the country you are moving to and help you deal with issues such as tax returns, insurance requirements, and importing your goods.

They will ensure that you are complying with all local laws and regulations and minimizing your exposure to tax and legal risks.

In addition, experts in global financial planning can help you understand the possible agreements that may exist between nations that offer special conditions for certain people, such as non-habitual resident statusstatus, offered by the Portuguese government, which may be more beneficial in some cases than in others.

Another important question that often raises doubts concerns issues related to pensions and passive income, such as the tax rate that must be paid in the home country and the new country.

Importance of fiscal security in global moving

Tax security is a major concern in global moving. When you move to another country, you will be subject to a new set of tax and fiscal laws. It is important to ensure that you are complying with all local tax and fiscal laws to avoid legal and financial problems.

Partnership between Atlantic Bridge and BDO

We are proud to say that since 2019, Atlantic Bridge has a successful partnership with BDO, considered one of the world’s leading financial advisory services firms.

BDO is a global network of professional services firms that offers a wide range of services, including audit, tax and business consulting, accounting services, financial advisory services, and more. The BDO network was founded in 1963, and currently operates in more than 167 countries worldwide, with approximately 88,000 professionals working in its member firms.

This is a partnership that demonstrates the seriousness and credibility of the work developed by Atlantic Bridge and the care we take to provide a safe and uncomplicated migratory journey to our clients. Avoid fiscal and legal problems, save time and money and escape from worries. Count on Atlantic Bridge and BDO.

Customer Testimonial

Many of our clients tell us about their feelings of peace of mind when they have the support of specialists to take care of their tax issues in Portugal. It is worth mentioning that practically all of our consulting plans in the premium category offer the tax consultation service included in the value of the service(see conditions with our consultants).

The testimonial below, is from a 34 years old client, who acquired the digital nomad visa in Portugal and wanted to share with us his experience in hiring tax consulting services from BDO. For privacy reasons, he did not want to be identified.

“My experience was quick, I only had one consultation with them, but it was fundamental to appease my anxiety, because I needed to understand how my tax life was seen by the Portuguese authority. I received all my income from Brazil, but I was already living in Portugal. The BDO consultation gave me the peace of mind I was seeking by assuring me that my situation was not irregular. I was in a sort of tax limbo, but I did not need to do the IRS in Portugal yet. Only through the consultation with BDO I realized that, according to my income, it would be much more beneficial for me to do the tax return in Portugal, because here I could enjoy the non-habitual resident status and pay less tax than in Brazil.”

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