NHR Non Habitual Residents Regime

NHR Non Habitual Residents Regime 2.0 (as of 01/01/2024)

• Portugal is a very attractive option for individuals who become Non Habitual Residents (NHRs). As a beneficial Personal income Tax (PIT) regime, NHR is available to individuals who wish to become tax resident in Portugal, provided they were not a Portuguese tax resident in any of the previous 5 years. NHR status is granted for 10 years.
• To qualify as an NHR one must spend at least 183 days per year in Portugal.
• Personal income taxed at a flat rate of 20%; global income taxed at 0% while pension income is taxed at 10%.
   

Eligible for NHR 2.0 are:

• Teaching in higher education, scientific research and technology innovation centres provided that said work is carried out in institutions based in Portuguese territory;
• Qualified jobs and board members of entities receiving Portuguese contractual tax incentives signed with Portugal’s IAPMEI or AICEP – applicable to larger investments over €3 million;
• Highly qualified professionals working for entities benefiting from the Investment Promotion Tax Regime (RFAI);
• Highly qualified professionals working for entities that export at least 50% of their turnover;
• Qualified jobs and board members of entities deemed relevant for the Portuguese economy – under discretionary criteria to be applied by IAPMEI or AICEP;
• Research and Development personnel whose costs are eligible for the R&D tax incentive system (SIFIDE);
• Job positions and members of the governing bodies of entities certified as Start-Ups in Portugal.
• Job positions or other activities carried out by tax residents in the Autonomous Region of Madeira or the Autonomous Region of the Azores.

In case you would be eligible to one of the above conditions, we suggest you contact us so we can refer you to a tax advisor.