Special Portuguese provisions governing transactions with entities located in tax havens (offshore) provide for increased taxation and special anti-abuse measures.

Blacklisted jurisdictions include the following countries, jurisdictions, territories and regions:

Andorra

Anguilla

Antigua and Barbuda

Netherlands Antilles

Aruba

Ascension Island

Bahamas

Bahrain

Barbados

Belize

Bermuda

Bolivia

Brunei

Channel Islands

Cayman Islands

Christmas Island

Cocos (Keeling)

Cook Islands

Costa Rica

Djibouti

Dominica

United Arab Emirates

Falkland Islands or Malvinas

Fiji Islands

Gambia

Grenada

Gibraltar

Guam

Guyana

Honduras

Hong Kong

Jamaica

Jordan

Queshm Island

Kiribati

Kuwait

Labuan

Lebanon

Liberia

Liechtenstein

The Maldives

Isle of Man

Marianas

Marshall Islands

Mauritius

Monaco

Montserrat

Nauru

Niue Island

Norfolk Island

Sultanate of Oman

Pacific Islands (other Islands not listed)

Palau Islands

Panama

Pitcairn Island

French Polynesia

Porto Rico

Qatar

Solomon Islands

American Samoa

Western Samoa

Saint Helena

Saint Lucia

Saint Kitts and Nevis

San Marino

Saint Pierre and Miquelon

St Vicente and the Grenadines

Seychelles

Swaziland

Svalbard

Tokelau

Kingdom of Tonga

Trinidad and Tobago

Tristan da Cunha

Turks and Caicos Islands

Tuvalu

Uruguay

Vanuatu

British Virgin Islands

United States Virgin Islands

Yemen Arab Republic

The information above is a simple overview of the implications and benefits. Such information is not to be used in place of proper and complete professional advice, as it does not constitute a binding legal opinion nor does it not consider the particularities of your case.