JP TRAIBLAZING MAGAZINE
NHR NON-HABITUAL Resident Regime TAX COMPENSATION PROGRAM FOR LIVING IN PORTUGAL
110
JP TRAIBLAZING MAGAZINE
T
he regime
originated in a non-Portuguese
was
source being exempt from, or
introduced
being subject to a preferential rate
in 2009
of, personal income tax, the only
to attract
requirement to benefit from the
individuals
NHR status is become a Portuguese
and their
tax resident, not having been a
families
Portuguese tax resident in the
to Portugal by making it beneficial
previous 5 years, the NHR status
from a tax perspective to become
can be maintained for 10 years.
a tax resident, NHR status can result in pensions, dividends, bank
Successful NHR applicants will be
account interest and some royalties
exempt from personal income tax
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