No âmbito da já longa parceria com a US Tax Consultants, que a Know2Grow se honra de representar em Portugal, terão lugar no próximo dia 11 de Fevereiro dois eventos subordinados ao tema “Fiscal Obligations for US Expats Living in Portugal”. A Know2Grow estará representada neste evento por Luciano Rodrigues (Partner) e Rui Mendes (COO e responsável pelo projeto US Tax Consultants), que abordarão as obrigações a cumprir em Portugal pelos cidadãos americanos que aqui residem ou auferem rendimentos.
Art Gallery Document, at Av. António Augusto de Aguiar 11 3º Esq. Lisboa, 1050-212, on Wednesday, February 11th, 2026, at 9:00 AM and 6:30PM.
Two sessions, one in the morning and the other in the evening.
Registration required American Club of Lisbon.
Attention all U.S. expats living in Portugal: Your deadline for the 1040 in the U.S is June 15th.
Are you aware of your fiscal obligations as an American citizen living abroad? Join us on Wednesday, February 11th at the Art Gallery Document, at Av. António Augusto de Aguiar 11 3º Esq. Lisboa, either at 9:00AM or at 6:30PM for an informative and eye-opening event on the Fiscal Obligations of U.S. Expats living in Portugal. Our expert speakers will guide you through the ins and outs of tax filing, reporting requirements, and more.
Don’t miss out on this essential information!
We will meet at the Art Gallery Document, at Av. António Augusto de Aguiar 11 3º Esq. Lisboa. See you there!
Fiscal Obligations for U.S. Expats living in Portugal.
As U.S. Citizen Expat living in Portugal, you have different fiscal obligations in both countries, depending on the fiscal status that you have in Portugal and another two obligations in the U.S.
As Portuguese resident you must file the income tax return, IRS Modelo 3. Income Tax Filing: “Imposto sobre o Rendimento das Pessoas Singulares (IRS)” under the different categories A to H income; some status will exempt you to pay taxes in Portugal but you will have to file worldwide income in Portugal as the Non-habitual Resident.
As U.S. Citizen you must file, the U.S. individual tax return, Form 1040, reporting your worldwide income and the FBAR (Foreign Bank Account Report), reporting all your financial accounts outside the U.S.
Tax season in Portugal and the US, deadlines, extension to file, reporting requirements and civil penalties, self-employment, tax rates, credits and deduction on the tax returns, etc.
Avoid surprises! Contact us (Rui +351 211 380 833) or book a free consultation.
1. Immediate Concerns for Portuguese Residents with U.S. Tax Obligations
• U.S. citizens/permanent residents must file Form 1040 annually, reporting worldwide income, regardless of where they live.
• The option of the NHR in Portugal is no longer in place and the new NHR 2 is not available for everybody. Now new expats will have to pay all taxes in Portugal where it is also required to declare worldwide income.
• Those living in Portugal may benefit from the Treaty to avoid the double taxation as well as Foreign Earned Income Exclusion (FEIE) under the Physical Presence or Bona Fide Residence tests, or from the Foreign Tax Credit (Form 1116) to avoid double taxation.
• Must file FinCEN Form 114 (FBAR) if the aggregate value of non-U.S. financial accounts exceeded $10,000 during the calendar year and potential filing of Form 8938 (FATCA) if foreign financial assets surpass IRS thresholds.
2. Key Dates to Remember
3. Why US Tax Consultants Excel with Expat Clients
• Over 50 years of experience (since 1965) specializing in U.S.–Spain/Portugal tax matters.
• Dual expertise in U.S. and Portuguese tax systems, including deep understanding of the U.S.–Portugal tax treaty.
• Holds status as IRS Certified tax Preparers authorized to assist with U.S. tax filings. Also Certified Acceptance Agents authorized by the IRS to validate the Foreign ID of ITIN Applicants.
• High client satisfaction (95.77% recommendation rate from 2024).
• Local presence in Portugal: offices in Lisbon, Algarve, plus strong online services.
• Offers free consultations, enabling prospective clients to assess compatibility and expertise.
4. What You’ll Learn in the Upcoming Event
• Overview of U.S. and Portuguese key tax deadlines, with detailed timing for filing and extensions.
• Insight into cross-border strategies: FEIE, Foreign Tax Credit, FATCA/FBAR, and leveraging the tax treaty.
• Guidance on complex filing obligations: foreign trusts, businesses, investment accounts, self-employment.
• Interactive Q&A to address individual situations and clarify uncertainty.
• Practical advice on streamlining processes, avoiding penalties, and optimizing compliance efficiency.
