What is your problem? I'm living in Latvia and have no desire to leave. I'm just curious if anyone knows if this new Portugese tax scheme actually has attracted any new tax payers.
Yes it has. But these people do not pay a lot of taxes, they spent a lot of money in the local economy and gave a boost to the higher real estate housing market. There was even a moment that Portugal wanted to put a quota on it to limit the immigration. Especially from the Far East there was a lot of interest. Many times combined with golden visa which enables these people to travel more easily to and in Schengen.
A year ago I had a detailed look into this portoguese scheme. But I had the impression any kind of activities on the capital markets was taxed according to their regular tariff (flat > 25%). But may be I was wrong.
PWC is not just a small fiscal advisor. If they write it, they should be able to get a confirmation from Portugal. And then you are covered.
I don't speak Latvian (can only read some), but can manage with a limited Russian if I have to. I basically speak only English here. All young people speak very good English, but of course those over 35 don't speak much English. I'll probably move in late 2016, so hence no point in putting in a lot of resources learning Latvian, a language of 1 million people. If you are going to live here for a very long time, it's probably wise to learn Russian or Latvian.
Not sure where to move. I'm Norwegian, but not moving there. Need to find a place where I can learn the language, have a decent life and with acceptable tax rate. Of all the places I have been to it's Malta, Uruguay and New Zealand that is most tempting. I want to live in a small country. I'm divorced so don't have any "burdens" to carry with me.
Living on an island for extended time can become quite boring, you might want to take that into account in your choice.