Capital Gains in Portugal - What Changed in 2026
In this webinar, John McNertney, CFP®, GFP Fellow, Managing Partner, and Ryan Ahrens, CBDA®, CIO/Partner, will be joined by our very own Jake Schwartz, Associate Advisor at Green Ocean Global Advisors, LLC.
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.
Jake brings experience in both corporate finance and financial planning to his role as Associate Advisor at Green Ocean Global Advisors. He previously served as Controller for Springfield Pepsi-Cola and completed a pivotal externship at Amplified Planning, gaining hands-on expertise across all major areas of financial planning.
He holds the Series 65 license and dual bachelor’s degrees in finance and history from the University of Illinois Springfield. Now based in Lisbon, Jake is passionate about helping globally mobile individuals achieve clarity and confidence in their financial lives.
In this webinar, John McNertney, CFP®, GFP Fellow, Managing Partner, and Ryan Ahrens, CBDA®, CIO/Partner, will be joined by our very own Jake Schwartz, Associate Advisor at Green Ocean Global Advisors, LLC. Jake will walk through how Portugal taxes capital gains on property, securities, and cryptocurrency; what changed in 2026; and why the Portuguese answer is only half the answer if you file a U.S. tax return.
Some of the relevant issues that will be addressed include:
- How Portugal actually calculates a gain — the 50% inclusion on residential property, the flat 28% on securities with the holding-period step-downs, and the 365-day line on crypto. We'll walk the mechanics with real numbers before we go anywhere near strategy.
- What changed for 2026, and the window it opens — the new reinvestment exclusion for proceeds put into residential rental housing, which runs through 2029 and comes with conditions worth understanding before you sell, plus the new EU crypto reporting rules that took effect in January.
- The question we get most — "If I reinvest and owe nothing in Portugal, am I done?" Short answer: the IRS doesn't recognize a Portuguese exclusion, and the two systems have to be planned together or they work against each other.
- We'll also touch on FIFO lot rules, how losses carry forward, the englobamento election, and what to sort out before you move rather than after.
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.