Kore Talks: 10 year NHR rule and the Unit-Linked life insurance
Much has been written about the Portuguese regime of Non-Habitual tax Resident (NHR) and Portugal position as one of the key jurisdictions in Europe to relocate. We sat down with Pedro Martinho Soares, Exclusive Agent of Lombard International Assurance, to address a less developed angle of what happens when the 10-year period of the NHR regime elapses and options such as Unit-Linked life insurance policies that an investor may pursue in anticipation of the change of tax regime. The following Q&A provides insights on the critical points for investors.
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