PIAS Savings Insurance
Created as a result of Law 35/2006 of 28 November, saving PIAS (Individual Systematic Savings Plans) are life insurance to channel savings in the long term vision that the owner can build up capital, usually guaranteed return and always with an excellent tax treatment, which will become due in the form of an annuity, with which you will not have to pay tax on your income tax for all the yield.
Thus, it offers an instrument for zero tax cost savings, while ensuring future monthly income that will serve to supplement other income of the owner, helping to maintain or improve their standard of living.
