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Fraud Notice:

Blacktower Financial Management have been made aware of certain fraudulent schemes that have been conducted by individuals or organisations claiming to represent Blacktower Financial Management Group of Companies. This type of fraud tends to occur through online services including bogus websites, social media accounts, or through unsolicited emails or text messages. The aim of the […]

Tax Deadlines for Portugal: Non-Habitual Resident (NHR) & More

As we approach tax season, it’s crucial to stay on top of upcoming tax deadlines, especially if you’re considering taking advantage of Portugal’s Non-Habitual Resident (NHR) tax regime. The deadline for NHR applications for the 2024 tax year is fast approaching on March 15, 2025. If you’re planning to apply, it’s essential to start the […]

How to Convert Foreign Income for Your French Tax Return in 2025

If you received income in 2024 in a currency other than euros, you need to convert it into euros to declare it on your French tax return. Here’s what you need to know about conversion rates, how to use them, and the method that the French tax authorities accept.  Understanding the Conversion Rate Requirement While […]

French Tax Allowance for Over-65s: What You Need to Know for 2025

Great news for many seniors in France: the tax allowance for those over 65 is being increased in 2025, meaning lower tax bills for many people when they file their 2024 income tax returns this spring. Here’s everything you need to know about this tax allowance, who qualifies, and how the changes affect your 2024 […]

Expat Trends: Why More Americans Are Moving to France While Britons Decline

France has always had a special allure for those seeking a fresh start, whether it’s the charm of Parisian cafés, the warmth of the French Riviera, or the peaceful countryside. But who’s still making the leap across the Channel or the Atlantic and France these days? Recent figures suggest a surprising trend: Americans are moving […]

Millionaire Magnet: Wealthy Expats Flock to the Algarve

As Portugal continues to attract high-net-worth individuals (HNWIs) from around the globe, it’s evident that the country’s reputation as a haven for the wealthy is stronger than ever. Recently named Algarve Business of the Year, Blacktower Financial Management is positioned to guide individuals looking to make Portugal their new home or optimise their financial arrangements […]

Sun, Sea, Security: Why Celebrities Are Flocking to Portugal

Portugal has emerged as a premier destination for high-net-worth individuals (HNWIs) and celebrities seeking a blend of luxury, privacy, and favourable financial conditions. The country’s allure extends beyond its picturesque landscapes and pleasant climate; it offers a unique combination of safety, cultural richness, and advantageous tax regimes that appeal to the affluent. The result? There […]

Blacktower FM Wins Big at the 2024 Investment International Awards

We are delighted to announce that Blacktower Financial Management has secured a prestigious victory at the 2024 Investment International Awards, earning the title of Company of the Year (Advisers) through the esteemed Judges Award. This recognition underscores our unwavering commitment to delivering exceptional financial planning and wealth management solutions for our clients across the globe. […]

Portugal’s Youth Tax Breaks: Bold Move to Combat Brain Drain

Portugal is on the brink of enacting a groundbreaking fiscal policy aimed at reversing the brain drain that has seen many young professionals leave its shores for better opportunities abroad. Portugal’s youth tax breaks are a new, bold initiative, championed by Prime Minister Luís Montenegro’s centre-right government, proposes a series of substantial tax breaks for […]

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