Tag: NHR

At the beginning of this month (June 2024), the Portuguese government announced that they would legislate, without needing parliamentary approval, to reinstate the 20% flat tax for dependent and independent workers who have become residents of Portugal after not having been residents in the past five years. It is still unknown when this change will…

The Non-Habitual Resident (NHR) regime is a highly advantageous tax program for individuals relocating to Portugal who have not been residents in the country for the past 5 years and is ending. This regime, which lasts for 10 years, offers significant tax benefits, including flat rates of 10% on pension income and 20% on income…