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Is it true; no capital gains tax in Portugal on FX??

MikulovicFX
Aug 30 2020 at 09:49
1 posts
Hello folks

I am wondering if by any chance there is someone who could clarify for me whether it's true or not. I discovered that in Portugal there is no capital tax gains when it come's to currencies, including cryptocurrency such as bitcoin.

I made up my mind a while ago that I am moving to Portugal, namely Algarve - without thinking about tax benefits. Now that I've looked into it, it seems that everything is starting to add up.

Anyway, I am moving to Portugal regardless. But it surely wouldn't hurt if it turns out to be a tax haven for forex traders 😎

Surely someone in this awesome community must know about this.

Thank you for reading the post.

May God bless

You can make a million excuses or a million dollars... But you can't make both!
AdamCantor (AdamCantor)
Aug 30 2020 at 11:42
98 posts
MikulovicFX posted:
Hello folks

I am wondering if by any chance there is someone who could clarify for me whether it's true or not. I discovered that in Portugal there is no capital tax gains when it come's to currencies, including cryptocurrency such as bitcoin.

I made up my mind a while ago that I am moving to Portugal, namely Algarve - without thinking about tax benefits. Now that I've looked into it, it seems that everything is starting to add up.

Anyway, I am moving to Portugal regardless. But it surely wouldn't hurt if it turns out to be a tax haven for forex traders 😎

Surely someone in this awesome community must know about this.

Thank you for reading the post.

May God bless


tbhi dont think so, definitely not heard of that before for portugal

martinsanz (martinsanz)
Oct 05 2020 at 11:03
9 posts
Realy. Portugal is one of the most friendly countries in the world for trading and crypto.

No capital tax gains.

Problem is COVID because needs of increase taxes is too high for goverment, and nobody knows what will happen in next future.

Also, good place to live. Good climate, good food, and low cost live spends. Realy a good option to move to.

99% of winning rate is possible !!!
bennieriley (bennieriley)
Oct 09 2020 at 11:01
36 posts
If it is about taxes, you should always get in touch with your CPA and not search for them on the internet if you want clear information.

lauranutt
Oct 14 2020 at 11:25
36 posts
You should check with your CPA.

williamhayes
Oct 15 2020 at 05:22
39 posts
It is true that Portugal is a very good country when it comes to trading. It is very popular among the residents of Portugal and the Forex brokers don’t necessarily have to be authorized.

Marshshaun
Nov 09 2020 at 09:39
31 posts
When trading forex, the taxation system has constantly been on my mind. I am not sure if I should contact my CPA for this or not.

Breonnataylor
Nov 09 2020 at 11:57
28 posts
If you are looking for taxes, I suppose it will be better if you get in touch with your CPA.

Shaunmaxi
Nov 11 2020 at 05:35
28 posts
Try to contact your CPA for legitimate information. It is risky to trust unreliable sources for information like this.

Harshalgibbs
Nov 11 2020 at 09:42
54 posts
Try to contact your CPA as far as your taxes are concerned. This will help you get some clarity.

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