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The Portuguese Investment Bond has become a must-have in many expats’ financial portfolios due to its tax advantages and safety net.

In this article, we’ll provide a comprehensive guide to the benefits of the investment bond and how you can benefit from them, too!


How does it work?

If you’re an expat living in Portugal, the Portuguese investment bond can be a great way to save money on taxes. Here’s how it works: you invest a sum of money in a compliant bond, and then leave it there for at least eight years.

When you withdraw the money, you’ll only pay taxes on your gains at a rate of 11.2%. This is significantly lower than the normal 28% tax rate, making it a great way to save money on taxes.


What are the risks?

When it comes to investments, there is always the potential for loss. This is especially true when it comes to bonds, which are subject to interest rate risk. This means that if interest rates rise, the value of your bond will decrease.

Additionally, bonds are also subject to credit risk, meaning that if the issuer of the bond defaults on their payments, you could lose your investment.


Why do people invest?

People invest in Portuguese investment bonds for a variety of reasons. The bonds offer tax advantages for savers, which can be helpful for financial planning. The bonds also have a minimum investment period of eight years, which can provide stability for investors.

Additionally, the bonds offer a fixed rate of return, which can be appealing for risk-averse investors.


How does this product fit in my financial plan?

If you’re an expat living in Portugal, the Portuguese compliant investment bond can be a great way to save for your future. With this bond, you can invest up to €100k and enjoy tax-advantaged growth for at least 8 years. When you withdraw your money, you’ll only pay 11.2% in taxes on your gains – again, significantly lower than the normal 28% rate.

This makes the Portuguese investment bond an ideal way to save for retirement or other long-term financial goals. Additionally, these bonds can also help diversify your portfolio and provide stability during times of market volatility. You’ll also avoid taxes when you retire; a great way to reduce your tax burden in retirement.


How does it work if I am a non-resident but want to invest in Portugal?

If you are a non-resident but want to invest in the Portuguese investment bond, there are a few things you need to know. First, you must have a valid residency permit. Second, you must open a bank account in Portugal. Once you have done these two things, you can then transfer money into your account and start investing.


Where can I learn more about The Portuguese Investment Bond?

Wether you’re a resident in Portugal or not, RHJ Accountants can help you start investing in Portuguese Compliant Bonds. We can set you up with bank accounts residency and everything else you need.

Our experts will walk you through every step, advising you along the way of what your money is doing – and what return on investment you could receive. All you need to do is simply sit back, relax and wait for the benefits to roll in.


Talk to RHJ Accountants

We recognise more than ever that individuals and businesses from the UK and other countries may be globally mobile. We aim to make you aware of the tax-efficient opportunities, available tax relief and structure finances for life at home and abroad.

Our international team of specialists operate from offices in the UK and Portugal. We work together synergistically to provide tax efficient solutions to our clients to help them grow their business whilst keeping tax liabilities to a minimum.

Get in touch with us today to find out more, or to make use of our services.


  • Aaron says:

    Hi – I am a portuguese resident and I am interested in understanding more about these Unit linked insurance bonds such as what the options are, the tax savings and different providers you offer.

    Happy to jump on a call.


    • Jeremiah says:

      Hi there Aaron,

      Thank you for your comment 🙂 We’d be more than happy to help you – we’ve just received your completed contact form; so please expect a member of the team to come back to you tomorrow with potential dates/times for a call with us!

      Thanks again,
      The RHJ Team

  • Diane Medeiros says:

    Does Portugal have a government savings bond program for non Portugal residents i.e. immigrants in Canada or USA?

    • Jeremiah says:

      Great question Diane!

      We recommend you speak with our team to discuss your query in more detail.

      Please find our contact form by the link below to book a free 15 min chat with our experts here at RHJ ⬇️

      Look forward to hearing from you.

      Kind regards,
      RHJ Team

  • Carol says:

    Is there a standard form for ,coating a lost bond? My father has one, has alzheimers and no idea where the paperwork is.

    • Jeremiah says:

      Hi Carol,

      Thank you for your message – we understand this can be difficult. Our team will send you an email so we can talk some more.

      Best regards,
      the RHJ team

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💬 PSA: between April & June our Portuguese team have limited meeting availability due to the Tax Return Submission Period 🇵🇹