The Portuguese Non-Habitual Residents Regime
The Non-Habitual Resident (NHR) Portugal program is a tax regime that offers foreign residents and investors reduced tax rates and exemptions on some taxes.
Advantages of NHR Regime
Flat Tax rate of just 20% on Personal Income over a 10-year period on certain Portuguese-source incomes (from determined professions and from self-employment*)
Tax Exemption on almost all foreign sources of income
Opportunity to have tax residency within the EU in a white-listed country
Exemption of tax on gifts or inheritance to direct family members
No wealth tax
Qualifying for the NHR status:
Investors who first acquire residency through the Golden Visa program can then become eligible for the NHR regime in Portugal. Your lawyer/Fiscal representative can register for NHR on your behalf.
What documentation is required to prove residency?
NHR Documentation is simple.
The purchase deed of your property is adequate.
Submitting evidence to prove that you have been a tax resident in another country for the past 5 years