The difference between buying a house in Portugal being a resident or not depends on the purpose of the house.
If you buy a house to live in Portugal, you are buying a permanent home and are a resident, but if you do not live in Portugal and you buy property there it will count as a second home. This affects the property taxes you’ll have to pay.
Let's have a look at what taxes exist in Portugal when buying a property, whether as a first residence or a second house. After all, buying a property is one of the most important moments in most people’s lives, not only because it's a long-term financial decision, but also because it always raises some doubts about the expenses and taxes you have to pay.
Here we try to answer all the questions you may have about what taxes to pay when you buy Portuguese property. And we are having to day a really exciting guest who is specialised in this topic. So I'm very happy to introduce Dra. Andrea Viegas, solicitor and owner of a law firm in Quinta Shopping in the central Algarve.