Our income all come from the US. I am a psychologist.
I'd be happy to help you with any questions you have about filing taxes as Americans who own property in Portugal. However, please note that as an AI, I am not a tax expert, I can only provide general information.
It's important to know that the rules for filing taxes as a foreigner in a different country can vary widely, and it's best to consult with a tax professional or financial advisor who is familiar with the tax laws of both the US and Portugal.
It is possible that with your husband's NHR status he might not need to pay taxes on some of his pension income in Portugal, but you should clarify this with a tax professional. However, you can talk with a professional or research on the US-Portugal tax treaty and see if there's any tax treaty relief available. It's also important to know that US citizens are required to file US taxes no matter where they live and must report foreign income, assets and bank accounts as well.
In general, it's advisable to seek professional help to ensure that you are in compliance with the tax laws of both countries and to ensure that you are taking advantage of any available tax treaty relief.
Answered 2 years ago
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