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.
The benefits of NHR are:
Reduced 20% flat rate for Portuguese (self) employment income from qualifying activities in Portugal
Exemption for almost all foreign source income
No gift and inheritance tax for assets outside of Portugal. Inheritances or gifts of Portuguese assets to spouse, descendants or ascendants are tax exempts. Inheritances or gift to other individuals are subject to a flat 10% stamp tax rate
No wealth tax and free remittance of funds either to Portugal or abroad
Portuguese companies may take advantage of EU non-discrimination rules and EU directives on mergers, dividends, interest and royalties , as well as Double taxation Treaties (DTT) signed by Portugal.
Dividends and capital gains obtained by Portuguese companies can benefit from a participation exemption regime, thus making Portugal an interesting location for investments abroad.
Non Habitual Tax Residents will pay a flat rate of 10% on income from their foreign pensions.
Please enter your username or email address. You will receive a link to create a new password via email.
Manage Cookie Consent
We use cookies to optimize our website and our service.
Functional
Always active
The technical storage or access is strictly necessary for the legitimate purpose of enabling the use of a specific service explicitly requested by the subscriber or user, or for the sole purpose of carrying out the transmission of a communication over an electronic communications network.
Preferences
The technical storage or access is necessary for the legitimate purpose of storing preferences that are not requested by the subscriber or user.
Statistics
The technical storage or access that is used exclusively for statistical purposes.The technical storage or access that is used exclusively for anonymous statistical purposes. Without a subpoena, voluntary compliance on the part of your Internet Service Provider, or additional records from a third party, information stored or retrieved for this purpose alone cannot usually be used to identify you.
Marketing
The technical storage or access is required to create user profiles to send advertising, or to track the user on a website or across several websites for similar marketing purposes.