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Old 02.10.2020, 18:01
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Portuguese Investor

Hi

I started investing in stocks 10 years ago while living in Portugal. I never sold them because our capital gains tax is 28%.
If i move to switzerland and sell my stocks as a source of income to live in switzerland will i need to pay the capital gains in Portugal or in Switzerland?

thank you
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Old 04.10.2020, 22:44
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Re: Portuguese Investor

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Hi

I started investing in stocks 10 years ago while living in Portugal. I never sold them because our capital gains tax is 28%.
If i move to switzerland and sell my stocks as a source of income to live in switzerland will i need to pay the capital gains in Portugal or in Switzerland?

thank you
My guess is that it probably depends on the Portuguese law. They may tax you for the period where you lived there, even if you didn't sell.
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Old 05.10.2020, 02:49
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Re: Portuguese Investor

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My guess is that it probably depends on the Portuguese law. They may tax you for the period where you lived there, even if you didn't sell.
Portugal doesn't have exit taxes for individuals afaik


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If i move to switzerland and sell my stocks as a source of income to live in switzerland will i need to pay the capital gains in Portugal or in Switzerland?
If that's your main source of income, yeah there's a decent chance you're going to pay tax on that here.
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Old 05.10.2020, 09:00
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Re: Portuguese Investor

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If that's your main source of income, yeah there's a decent chance you're going to pay tax on that here.
If he has never sold anything, then unlikely to he his main source of income.

For the OP, Malta has no CGT or wealth tax.
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