Annual Portuguese Taxes for American Expats
In this webinar, John McNertney, CFP®, Managing Partner at Green Ocean Global Advisors, LLC will cover essential Portuguese and U.S. tax strategies to consider before the close of 2024.
John brings over 16 years of financial planning experience from his tenure at Merrill Lynch, TD Ameritrade, and independent planning firms in the Bay Area. He holds both CFP and GFP designations, and earned his BS in Psychology from the University of Iowa, with minors in Philosophy and French.
John is an intensely creative professional who is energetic in the application of modern financial planning principles in the service of his clientele. Currently, John is co-located in Lisbon, Portugal, and San Francisco, California. His family lives in Lisbon, and they enjoy exploring continental Europe, meeting new friends, and learning new languages.
Ryan brings over a decade of industry experience with both the big Wall Street firms, as well as hedge funds and private equity where he played a leading role. He studied Economics at San Francisco State University and the University of Washington. He holds designations from the American College of Financial Services, as well as the Digital Asset Council of Financial Professionals.
Ryan's guiding principle is Clients First: He is passionate about serving as financial advocate for his clients in both in the creation and protection of wealth. He currently resides in the North Bay with his partner, Nicole. When he is not working with clients, he enjoys bicycling and rock climbing, amateur carpentry & farming, and serving as a youth mentor within local organizations.
In this webinar, John McNertney, CFP®, Managing Partner at Green Ocean Global Advisors, LLC will cover essential Portuguese and U.S. tax strategies to consider before the close of 2024.
Some of the relevant issues that will be addressed include:
Recent Policy Proposals & Their Impact
- Updates on Portuguese tax policies affecting expats, including potential changes to the Non-Habitual Resident (NHR) regime
- How proposed U.S. tax policies may impact expats living in Portugal
2025 Tax Planning Strategies for Expats
- Understanding Portugal’s progressive income tax rates and planning accordingly
- Navigating the expiration of the NHR program and alternative tax strategies
- Capital gains taxation in Portugal vs. the U.S. and how to avoid double taxation
- U.S. tax planning strategies, including:
- Roth IRA conversions—timing and tax efficiency for expats
- Using the Foreign Earned Income Exclusion (FEIE) and Foreign Tax Credit (FTC) effectively
- How Social Security and retirement distributions are taxed in both countries
Year-End Financial Actions to Take
- Ensuring compliance with Portuguese tax filing deadlines (IRS vs. Portugal’s Finanças)
- Reviewing U.S. FBAR (Foreign Bank Account Report) and FATCA obligations
- Strategies for avoiding underpayment penalties and meeting estimated tax requirements
We hope you can join us!
Absolutely! These sessions are for you. Bring your questions and participate during the Q&A.
Not at all. These webinars are designed for all planning to move to Portugal, not just clients of Green Ocean Global.
It’s all good. We will record the webinar and send the recording link.
Certainly. Just give them this website address and ask them to register.