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mmm

"Have registered as self-employed person in the Portuguese Tax Authority and the Portuguese Social Security"

Will they accept "Trader" as a self-employed person?

"Have means of subsistence, as defined in the Portuguese law"

I suppose that means some income threshold that can be proved?

ok - thanks!

Hi Pubson, the cheapest and easiest is to open a tax free savings account with access to the stock exchange, and then use one of the offshore based ETFs like the Satrix all world ETF. Some advice on the tax free here: http://investorchallenge.co.za/a-newbies-guide-to-investing-on-the-jse/

Hi Pubson, the cheapest and easiest is to open a tax free savings account with access to the stock exchange, and then use one of the offshore based ETFs like the Satrix all world ETF. Some advice on the tax free here: http://investorchallenge.co.za/a-newbies-guide-to-investing-on-the-jse/

If Pubson is looking to externalise his funds then buying the ETF is not externalising funds the fund manager may well externalise funds but as soon as you give them a sell order the funds will be returned in SA Rand and not in the foreign currency

Okay this is what I've found: Under of Ordinance No. 1563/2007 of 11st December, is considered sufficient income for subsistence the following amounts: € 6,360 / year for the first adult € 3,189 / year for another adults of family € 1,908 / year for each member less than 18 years. Not bad actually, just over €318k in VWRD (2% yield) will give you that in dividends if you're on your own. Add another €159k for a spouse and €95k for each child.

If money is tight you could always take more risk by holding high dividend stocks or ETFs, but you do need to be very careful.

think there was a TS on Thu/Fri last week..

Tuesday