PORTUGUESE NON- RESIDENT HABITUAL
ABOUT THE REGIME
The Portuguese Non-Habitual Residency status enables those who become tax resident in Portugal, and are accepted as NHR, the opportunity to receive qualifying income tax free both in Portugal and in the country of source of the income.
The NHR regime represents a major step forward in making Portugal a tax free jurisdiction for individuals in receipt of qualifying non-resident income. Qualifying income includes pension, dividend, royalty and interest income.
This attractive regime also covers professional income from high value-added activities, which benefit from a special flat tax rate of 20%.
The sole requirement to benefit from this preferential treatment is to become a Portuguese tax resident, not having been a tax resident in Portugal in the previous five years. This status is granted for 10 years.
We at LTCF firm law are tax specialist lawyers and we have been providing advice to international clients on all forms of foreign investment for nearly 30 years. We also have a 100% success rate for NHR applications.
A)The applications for non-habitual residency are now being processed faster than ever. With our 100% success rate and experienced team, we are very confident that we can obtain the NHR status in less than a week in straightforward applications.
B) ask us for French, Portuguese or Swedish versions
C) source: Edge