Portugal – Non-Habitual Residency Programme
Since its introduction in 2009, Portugal's non-habitual resident (NHR) programme has been attracting skilled professionals, high net worth individuals and pensioners to establish tax residency in Portugal.
NHR enables qualifying individuals to become tax residents of a white-listed jurisdiction whilst legally minimising or eliminating tax on most categories of foreign-source income for a minimum period of 10 years.
Tax Efficient Benefits
To qualify as a NHR, an individual must meet the following requirements:
- Be tax resident under Portuguese domestic legislation
- Not have been taxed as a Portuguese resident during the previous five years
To be considered as a tax resident, the individual should:
- Remain for more than 183 days in Portugal during the relevant fiscal year
- Have a residence in Portugal at 31 December of that year with the intention to hold it as their habitual residence.
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PCS will put you in contact with an adviser in your region. Their role is to assist you in determining which solutions match your requirements, to liaise with our partners and prepare and provide you with a comprehensive proposal.