The Portugal NHR tax regime (non-habitual resident) is a hugely successful scheme offering lucrative tax breaks for foreign residents. To date, over 10,000 citizens from across the world have successfully applied, helping them alleviate their tax burdens. In this comprehensive guide to the Portugal NHR tax regime, you’ll learn more about the main guidelines for applying and the key benefits of the program.
This complete guide to Portugal’s NHR tax regime walks you through:
- What it is
- Eligibility criteria
- Program requirements
What is the Portugal NHR tax regime?
The Portugal non-habitual resident tax aims to attract investors and professionals of high cultural and economic worth, in order to increase the country’s international competitiveness. The regime was first implemented in 2009 and allows for substantial tax savings for those who qualify. With over 10,000 non-habitual tax regime residents in Portugal, the scheme has been highly successful.