NHR Regime

Portugal’s revamped Non-Habitual Residents (NHR) regime has posted a record in tax expenditure, representing more than 66% of IRS tax benefits. The transitional regime led to a rush of [...]

Tax expenditure on non-habitual residents stagnated last year, compared to 2022, according to data recently released by the Tax and Customs Authority (AT). It is the first time this has happened [...]

Portugal’s allure for affluent investors seeking its Golden Visa remains undimmed with demand set to increase by 20% in 2024, according to experts, even with real estate no longer [...]

Text: Chris Graeme The way that Portugal communicated the end of its famous Golden Visa and Non-Habitual Resident programmes in 2023 has widely been condemned as a disaster – a disaster for [...]

United States citizens are scrambling to qualify for Portugal’s tax breaks before they are phased out according to Bloomberg. An end to tax breaks for so-called ‘Non-Habitual Residents’ announced [...]

Spanish law firms say they are being inundated with calls from HNWIs seeking to change their tax residence status to Portugal while the Non-Habitual Residence regime is still open. Rich Spaniards [...]

The CEO of developers Casais, António Rodrigues, has blasted the government’s decision this month to terminate the Non-Habitual Residents scheme that provides tax breaks for wealthy EU-based [...]

The Government’s decision to end the Non-Habitual Residents tax regime next year may pave the way for a new tax incentive aimed at scientific researchers and innovators. The new tax incentive [...]

After axing Portugal’s most successful and competitive Golden Visa regime, which has attracted €7Bn of investment to the country since 2012, its government now seems hell bent on applying the [...]

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