5. Understand Portuguese Taxes and Social Security:
Relocating your business to Portugal necessitates Social Security contributions. As an independent professional, these contributions are required, with amounts scalable to your income.
Prior Social Security contributions in other countries might be recognized through existing agreements with Portugal, potentially preventing double payments (e.g., EU Social Security coordination).
Establishing tax residency in Portugal could unlock access to valuable benefits like healthcare, parental leave, or retirement pensions, contingent on your contribution history.
