Non-habitual resident (NHR) is a special status aiming to attract professionals who carry out activities with high added value or intellectual property, who are not residents of Portugal as well as individuals benefiting from pensions earned abroad.
How do I become a non-habitual resident in Portugal?
In order to apply for the non-habitual resident regime, you must have the right to reside in Portugal. You must also not have been a Portuguese tax resident in the 5 years prior to your application, and have a residence in Portugal that you intend to keep and occupy as a habitual home.
Who can apply for non-habitual residency in Portugal?
Non-habitual resident status can be requested by anyone who meets three requirements. You must live abroad, not have been a resident in Portugal within the last five years and want to move to Portugal. To be considered a resident, you must remain in Portugal for 183 days a year or have your primary home there.
What is habitual residence in Portugal?
The term “habitual resident” means that you must have your “centre of interests” in Portugal. It also refers to permanence: a person who has been in Portugal for some time and intends to stay here for the foresee able future.
Can you live in Portugal tax free?
Portugal’s ‘non-habitual residents’ (NHR) scheme gives special tax benefits to new residents for their first ten years in the country. It also offers a lower income tax rate of 20% if you’re employed in Portugal in a ‘high value’ activity and allows you to receive some foreign income tax-free.
How long can you stay in Portugal as a non resident?
You can travel to other Schengen area countries for up to 90 days in any 180-day period without a visa for purposes such as tourism. To stay longer than 90 days in any 180-day period, to work or study, or for business travel, you must meet the entry requirements set out by the country you are travelling to.
Is it easy to get residency in Portugal?
If you’re retired or have a pension of around $1,200 a month, you can get residency in Portugal quite easily. … Bring with you the required paperwork, including a police or FBI clearance report and proof pension or retirement distributions. Once you’re settled, you can apply for a one-year temporary residence permit.
How can I get residency in Portugal?
Portugal Residence Permit Requirements
- Valid passport.
- Two recent identity pictures.
- Application form (when initially applying for your residency visa).
- Valid residence visa (the 3-4 month-long visa before you apply for your permit).
- Evidence of sufficient financial means.
- Proof of accommodation.
How do I get a temporary residence in Portugal?
You may get a temporary residence permit if you have regular passive income from your investments and you wish to settle in Portugal. Usually the permit is granted to those who can prove that they have a monthly regular income of at least €1,070. Your direct dependents may be included in the application.
How do I establish tax residency in Portugal?
As a general rule, an individual is qualified as a resident of Portugal if: – he is present in Portugal for more than 183 days, consecutive or otherwise, in any 12-month period starting or ending in the calendar year concerned; or – he is in Portugal for a shorter period, but he has on any day during the period …
Is Portugal a tax haven?
The NHR is a scheme for new residents that can provide substantial tax benefits, so much that you may discover that Portugal is a tax haven for you. … This is still lower than most of the tax rates in Portugal and the tax rates in other European countries.
What taxes do I pay in Portugal?
Income tax rates in Portugal
|Annual taxable income||Portugal income tax rate|
|up to €7,112||14.5%|