The Organized Expat
A podcast series by Tytle that guides expats through one of the biggest challenges when moving abroad: taxes. Some episodes focus on specific countries, while others explore topics like tax residency, cryptocurrency, freelancing, and retirement abroad. With broad cross-border tax experience, Tytle ensures listeners stay well-informed and organized. Want to know more? Go to www.tytle.io
Episodes
Wednesday Nov 27, 2024
Italy: Capital Gains Tax
Wednesday Nov 27, 2024
Wednesday Nov 27, 2024
In this episode, Tytle’s tax expert explains the key aspects of capital gains tax (CGT) in Italy, covering the rules and options available for newcomers and long-term residents. The discussion starts with an overview of taxable assets, including real estate, securities, and other investments, and what constitutes a taxable event.
The standard CGT rate in Italy is 26%, but certain exemptions apply. Real estate is exempt if held for more than five years or if it is a primary residence. Specific bonds and investment funds may also qualify for exemptions. The episode also highlights deductions, such as notary fees and broker commissions, which can reduce taxable gains.
For new residents (neo-residenti), Italy offers a flat tax option of €200,000 on foreign-sourced income, simplifying compliance for qualifying high-net-worth individuals.
Want to know more? Go to www.tytle.io
Tuesday Nov 12, 2024
Portugal, Taxes & Expats: NHR 2.0
Tuesday Nov 12, 2024
Tuesday Nov 12, 2024
In this episode, Tytle's tax expert unpacks the updated Non-Habitual Resident (NHR) regime, also known as NHR 2.0, which brings significant changes to Portugal’s well-known tax program. Originally introduced to attract foreign professionals and retirees, the revamped version takes a more targeted approach to align with national priorities.
The discussion explores the evolution of NHR, its focus on attracting high-value professionals in fields like tech and research, and what the updated rules mean for eligibility and application. Key topics include tax benefits, the shift in government priorities, and practical steps to apply.
Want to know more? Go to www.tytle.io
Tuesday Nov 12, 2024
Portugal, Taxes & Expats: The Basics
Tuesday Nov 12, 2024
Tuesday Nov 12, 2024
In this episode, Tytle's tax expert introduces the essentials of Portugal’s tax system, providing a clear guide for both existing tax residents and expats new to the country. Topics include Portugal’s progressive income tax rates, social security contributions, and how taxes apply to freelancers and self-employed individuals.
The discussion touches on key considerations such as obtaining a fiscal number (NIF), tax residency rules, property taxes like IMI and AIMI, and the inheritance tax framework. Special attention is given to the Non-Habitual Resident (NHR) regime, which offered tax incentives for newcomers but underwent significant changes recently.
Want to know more? Go to www.tytle.io
Wednesday Nov 06, 2024
Tax Simulation: Employment Income of €36,000
Wednesday Nov 06, 2024
Wednesday Nov 06, 2024
In this episode, Tytle’s tax expert analyzes how much an employee earning €36,000 annually takes home after taxes in five Southern European countries: France, Portugal, Spain, Italy, and Greece. The discussion examines the impact of progressive income tax rates, social security contributions, and specific deductions in each country, providing a clear picture of net pay.
For example, in Spain, lower social security rates lead to higher take-home pay, while in Portugal and France, heavier contributions bring down the net amount. Italy stands out with its expat-friendly impatriate regime, offering significant tax reductions for eligible newcomers. The episode also explores how these tax regimes compare for foreign workers, including the now-ended NHR program in Portugal and Spain’s Beckham Law.
Want to know more? Go to www.tytle.io
Wednesday Nov 06, 2024
Crypto: How Much Tax Do You Pay in France, Portugal, Spain, Italy and Greece
Wednesday Nov 06, 2024
Wednesday Nov 06, 2024
In this episode, Tytle's tax expert walks you through a detailed simulation of take-home income for crypto traders earning €78,000 annually across five Southern European countries: Portugal, Spain, Italy, Greece, and France. The discussion covers how crypto gains are taxed depending on factors such as the duration of holding (short-term vs. long-term), activities like staking or mining, and whether you’re classified as a professional or non-professional trader.
Key topics include taxable events, such as crypto-to-crypto transactions in certain countries, and special options like Italy’s alternative value tax on portfolios. This episode provides a clear overview of the rules and considerations for crypto taxation in these countries.
Want to know more? Go to www.tytle.io
Wednesday Nov 06, 2024
Italy Tax Simulation: Pensions, Freelancing, Crypto & More
Wednesday Nov 06, 2024
Wednesday Nov 06, 2024
In this episode, Tytle's tax expert provides an analysis of Portugal's tax system, focusing on net income after taxes for various profiles: employees, pensioners, freelancers, crypto traders, and investors. The discussion includes detailed simulations of income tax calculations, social security contributions, and other relevant deductions specific to each profile. Additionally, the episode explores tax breaks available to expats, such as the Non-Habitual Resident (NHR) regime, which offers significant tax advantages for qualifying individuals. Whether you're earning a salary, managing retirement income, freelancing, trading cryptocurrency, or investing, this episode provides valuable insights into optimizing your net income within Portugal's tax framework.
Want to know more? Go to www.tytle.io
Wednesday Nov 06, 2024
Italy, Taxes & Expats: Tax Residency
Wednesday Nov 06, 2024
Wednesday Nov 06, 2024
In this episode, Tytle’s tax expert discusses tax residency in Italy, focusing on the criteria Italian authorities use to determine residency status and its interaction with tax treaties. A central topic is the 183-day rule, including how these days are counted within the calendar year rather than any 12-month period.
The episode also examines Italy’s approach to tax years, highlighting that tax residency applies to the full calendar year without the possibility of splitting tax years. Finally, conflicts with foreign tax regimes and the role of tax treaties in addressing these issues are explored.
Want to know more? Go to www.tytle.io
Wednesday Nov 06, 2024
Italy, Taxes & Expats: The Impatriate Regime and its Tax Breaks
Wednesday Nov 06, 2024
Wednesday Nov 06, 2024
This episode focuses on Italy’s impatriate regime, which is designed to attract foreign professionals with generous tax reductions. Tytle’s tax expert explains how this program offers a 50-60% reduction on taxable income for up to five years. The discussion includes eligibility criteria, such as the requirement to not have been an Italian tax resident in the three preceding years.
The episode also explores the regime’s limitations, including a cap on exempt income and how social security contributions are handled. Practical advice is provided on applying for the regime and maintaining compliance. For expats considering relocation, the impatriate regime is highlighted as a key financial incentive for working and living in Italy.
Want to know more? Go to www.tytle.io
Wednesday Nov 06, 2024
Italy Tax Simulation: Freelancers
Wednesday Nov 06, 2024
Wednesday Nov 06, 2024
In this episode, Tytle's tax expert delves into the financial landscape for freelancers in Italy, providing a detailed simulation of take-home pay after taxes. The discussion covers the standard tax regime and the simplified regime (regime forfettario), highlighting their respective tax rates and eligibility criteria. Additionally, the episode explores tax breaks available to expats, such as the 'Impatriate Regime,' which offers significant tax reductions for individuals relocating to Italy. Whether you're a current freelancer or considering a move to Italy, this episode offers valuable insights into optimizing your net income within the Italian tax framework.
Want to know more? Go to www.tytle.io
Tuesday Nov 05, 2024
Italy, Taxes & Expats: The Basics
Tuesday Nov 05, 2024
Tuesday Nov 05, 2024
In this episode, Tytle's tax expert provides an analysis of Portugal's tax system, focusing on net income after taxes for various profiles: employees, pensioners, freelancers, crypto traders, and investors. The discussion includes detailed simulations of income tax calculations, social security contributions, and other relevant deductions specific to each profile.
Additionally, the episode explores tax breaks available to expats, such as the Non-Habitual Resident (NHR) regime, which offers significant tax advantages for qualifying individuals. Whether you're earning a salary, managing retirement income, freelancing, trading cryptocurrency, or investing, this episode provides valuable insights into optimizing your net income within Portugal's tax framework.
Want to know more? Go to www.tytle.io