Non Habitual Residency (NHR)
It was introduced in 2009 to attract individuals and their families to Portugal. It enables the individual becoming a tax resident in Portugal to avail of very favourable income tax advantages over a maximum 10 year period. The Non Habitual Residency has two income tax benefits, either you may be:
Any individual that receives a qualifying non-resident income (such as a pension, dividend, royalty and interest income) can apply for a tax free NHR status.
Flat tax rate of 20%
Professional individuals from high value-added activities, of which a list is enclosed to the applicable regulation, are eligible to apply for a flat income tax rate of 20%, when practicing this activity in Portugal.
- You have not been a Portuguese Tax Resident in the previous 5 years
- You will live in Portugal for a minimum of 183 days per tax year (counted from January 1st to December 31st)
THE NON HABITUAL RESIDENCY (NHR) IS A PORTUGUESE TAX RESIDENCY STATUS
Can I apply for a non-habitual resident status?
Are you moving to portugal? Check your tax advantage here.
Do you have Portuguese nationality?
Have you been a tax resident in Portugal in the previous 5 years?
Have you lived in Portugal for at least 183 days per tax year?
Do you have an income through pension, dividend, royalties and/or interests?
Are you a professional individual to perform a high value-added activity whilst in Portugal?
Unfortunely, you are not NHR eligible for the Status