The Non-Habitual Resident Tax Regime in Portugal offers individuals the unique opportunity to enjoy very competitive tax rates in Portugal (that may range from full exemptions to discounted rates) for a period of 10 years. This advantageous program is designed to provide financial flexibility and incentives for those considering establishing tax residence in Portugal.
To become a tax resident in Portugal and benefit from the NHR regime, certain eligibility requirements must be met:
Following on from the requirements necessary for eligibility to the NHR regime, there are certain criteria that must be followed in order to become a tax resident in Portugal. The following conditions are needed:
Recognition of the Non-Habitual Resident status isn’t automatic and requires the implementation of the following procedures:
The best part? This whole process typically takes just 48 hours. Your path to NHR status is faster and smoother than you might think.
Required Documentation for EU citizens:
Portugal’s NHR regime offers a wealth of tax advantages, making it an attractive choice for those seeking a tax-efficient lifestyle.