. '
. '
. '
. '
. '
Anyone who has not been resident in Portugal for the previous five tax years is entitled to obtain residence under the Non- Habitual Resident law, which entitles most people to receive pensions and foreign income tax-free for 10 years.
The law also provides for reduced taxation on intellectual property, interests, dividends and other capital gains.
To qualify for the NHR regime, an individual must reside in Portugal 183 calendar days, either consecutive or not, in the year of application and subsequent years. Applicants must also, by December 31st of the year they apply, have a permanent residence in Portugal and demonstrate the intention of using it as their primary home.
Also under the law, the personal income tax rate for any work conducted in or billed from Portugal by professionals included on a list published by the government (including company directors, accountants, IT professionals, engineers, architects, people in the medical profession etc.) is capped at 20% (plus those extraordinary surcharges).
The procedure to register as a NHR involves registering with a local tax office and providing simple supporting information.
Portugal has no inheritance tax; if you rent a property you will also not be liable for any wealth taxes. Annual property taxes are levied on real estate, however.
