Even with diligent preparation and thorough planning comes a mild sense of apprehension as the big moment approaches.
How many guests will show up?
Financial seminars on the Algarve
By Portugal team
This article is published on: 17th October 2023
It was then with quiet satisfaction, and some relief, that Spectrum’s Debrah Broadfield and Mark Quinn welcomed a steady stream arrivals to their financial planning seminars in the Algarve this week.
At two venues over two consecutive days, 80 guests attended these events for a timely update on recent changes to the investment and tax planning opportunities (currently still) available to expatriates living in Portugal.
With explanations, practical examples, and responses to audience questions, our hosts highlighted how to invest securely, successfully and tax-efficiently, adding that professional guidance is (of course) essential for achieving the most favourable outcomes, and avoiding potentially expensive pitfalls.
Richard Flood and Lorraine Reddaway from RBC Brewin Dolphin complemented these presentations with an insight into investor psychology and the behavioural impact of emotional decisions on investment returns – perhaps unsurprisingly, inexperienced investors are often poor decision-makers when it comes to wealth management.
RBC Brewin Dolphin’s approach to stock selection and portfolio construction provided reassurance on the value of professional asset management.
Both seminars were well attended, with many guests requesting meetings for immediate help and advice.
Our team in Portugal are also running two workshops in November:
8th November 2023
Boavista Golf & Spa,
Quinta da Boavista, 8601-901 Lagos
10am – 1pm (with a coffee break)
9th November 2023
Magnolia Hotel,
Estr. Da Quinta Do Lago, 8135-106, Almancil
10am – 1pm (with a coffee break)
Covering a wide range of topics, our workshops aim to give you the knowledge to make good choices in all areas of financial planning, taxation and organising yourself for life in Portugal.
With an informal round table format, we will be discussing issues such as:
- How different types of pensions are taxed in Portugal
- Where tax should be paid on different types of pension income
- Double taxation and how to avoid it
- Drawdown options and the tax implications
- UK pension changes: LTA abolition, impact on taxation
- Tax planning opportunities: Pre-April 2024 planning window
- QROPS & QNUPS: Do you really need one or should you keep your UK pensions?
- How to pass on your pensions and the implications for your beneficiaries
- Open Q&A throughout