Mid-Summer Tax Update

Living Abroad, Thinking Ahead: U.S. Financial and Tax Updates for Expats in Portugal

Date:

21 July 2025

Location:

In person in Marquês de Pombal (Lisbon)

Recording available for purchase after the event

About the Event:

If you are an American living in Portugal or advising Americans as part of your professional practice, this timely briefing will provide a clear overview of current developments in U.S. tax law, currency markets, and the broader economic outlook.

New legislation in Washington, D.C. expected by early July and shifts in the euro-dollar exchange rate and trade policy are already creating ripple effects for expats and cross-border professionals. In Portugal, proposed changes to immigration and naturalization rules could also have important consequences for Americans considering long-term residency or citizenship.

This session will offer practical guidance on what to expect and how to adapt your planning for the remainder of 2025. Our panel includes

Sasha Young da Silva of Areia Global on U.S. tax,

Maria Ines Assis of Abreu Advogados on Portuguese tax,

Vanessa Câmara of Abreu Advogados on Portuguese immigration,

Sarah Davie of Spartan FX offering currency exchange insights, and

Henry Kent of Holborn Assets on cross-border financial advice.

Whether you are managing your own finances or supporting clients, this event is designed to help you stay informed and prepared.

Topics Covered:

U.S. Tax and Reporting Developments

We will provide a summary of the likely changes following this summer’s legislative vote in the U.S., including how new rules may affect Americans living abroad. Topics include potential updates to foreign income treatment, estate and trust planning, and annual reporting requirements such as FBAR (Report of Foreign Bank and Financial Accounts, which applies to Americans with over $10,000 in non-U.S. accounts).

Currency Volatility and Practical Hedging

With the euro-dollar exchange rate more unpredictable than usual, we will explore how fluctuations may impact salaries, savings, and real estate transactions. The session will include practical options for managing exposure to currency risk.

Trade Policy and Economic Risk

We will examine the implications of new U.S. tariffs on global markets, how retaliatory measures may affect expats in the EU, and what to watch for in the second half of 2025 regarding recession risk in the U.S. and Europe.

The New Portuguese Nationality Bill

We’ll also review the key elements of Portugal’s proposed nationality bill and what it means for Americans pursuing long-term residency or citizenship, legal pathways and timelines for naturalization and strategic planning opportunities for families living in Portugal.

Who Should Attend:

This event is relevant for U.S. citizens living or working in Portugal, individuals with income or assets in both dollars and euros, and professionals who work with Americans, including tax advisors, lawyers, wealth managers, and fund administrators.

Format and Access:

The event will take place live in Lisbon. A recording will be made available for purchase following the event.