Practical example Import taxes (ISV + ...) - View Single Post
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Old 15th November 2014, 07:50 AM
canoeman canoeman is offline
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Users Flag! Originally from uk. Users Flag! Expat in portugal.
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The exemption to ISV conditions and procedure are identical to whether you are moving to Portugal from a EU country or a third country which means any country in the world outside EU

Please don't say say exemption can only be used once every 10 years the reality is once to follow your statement you would need to leave and give up Residency in Portugal for a minimum period of 12 months so you could then buy prove ownership, residence and D/L requirements to import another vehicle free of ISV

If you want to take the risk of being what's called an overstayer here up to you, but there are many issues in following that path

No you cannot if your importing from USA if you don't follow procedure for ISV free import you won't get it out of Customs

You can be stopped at any time and your vehicle impounded, you can be given the option of removing it from Portugal, scrapping or face fines and forced matriculation

If you as an American you must be Resident and exchange your D/L for a Portuguese D/L which makes it illegal to drive a non registered Portuguese car which applies to all Residents

Anyone who follows this "overstayer" also runs the risk that whatever insurance they've managed to obtain might well be invalid and you only find out when a claim is made

My thought are that you need to check your research, paying ISV is it high it all depends vehicle, value, cc, CO2
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