Blog Layout

The Uncertain Future of the Non-Habitual Resident (NHR) Tax Regime

10 November 2023

On 9th November, the President of Portugal announced the dissolution of the parliament and called for an early general election on 10th March 2024, following the resignation of the Prime Minister, as mentioned earlier in this article.

 

In the national address, the President announced the scheduling of elections for 10th March 2024, ensuring the discussion and approval of the 2024 state budget, with the final vote scheduled for 29th November 2023.

 

At this stage, there are three possible outcomes for the future of the Non-Habitual Resident (NHR) Tax Regime:

1.    The termination of NHR in 2023 is approved, as proposed in the State Budget;

2.    The end of the tax regime is extended beyond 31st December 2023;

3.    The initiative is removed from the State Budget.

 

Until 29th November, there is no certainty regarding the future of the NHR tax regime. We recommend taking action before the end of 2023 to avoid potential issues, given that the official end date is still 31st December 2023.

 

If you have any further inquiries regarding this matter, please do not hesitate to contact us.


Photo Credit: © Rui Ochoa / Presidência da República

Portugal has implemented a series of tax benefits to encourage urban rehabilitation.

IMT Exemption and Refund: A Key Incentive for Urban Rehabilitation in Portugal

by Diogo Pedro and Cleuzina Cruz • 1 April 2025
To maximise these benefits, property buyers should assess eligibility before purchasing a property, ensuring it meets the criteria for IMT exemption.
The most important requirement is demonstrating an effective connection to the Portuguese community

Citizenship by Marriage or Civil Partnership: When Can the Public Prosecutor Oppose It?

by Florbela Lopes • 31 March 2025
Acquiring Portuguese citizenship through marriage or a civil partnership with a Portuguese national may appear to be a straightforward legal process.
The present overview provides a comprehensive and structured analysis of the D2 Visa.

From Concept to Incorporation: The D2 Visa and Business Establishment in Portugal

by Luís Maria Branco and Tomás Melo Ribeiro • 28 March 2025
The D2 Visa allows non-EU, EEA, and Swiss nationals to legally start a business, invest, or engage in entrepreneurial activities in Portugal.
AIMA may suspend the 'green lane' if there are security concerns or significant difficulties.

Portugal Introduces a Streamlined Work Visa Process

26 March 2025
A “green lane” will be established to streamline the work visa process for foreign nationals being recruited by Portuguese companies.
Here are some insights and practical recommendations to help you through the 2024 tax season.

2024 Tax Return Season

by António Pratas Nunes • 25 March 2025
The income earned in 2024 must be declared between 1 April and 30 June 2025 by submitting the IRS Model 3 declaration.
Outro benefício desse estatuto é o direito a solicitar um Cartão de Cidadão.

Estatuto de Igualdade de Direitos e Deveres a Cidadãos Brasileiros: Para Que Serve?

by Danielle Avidago • 14 March 2025
Na área migratória, a isenção de visto não só para turismo, mas também para atividades culturais, empresariais ou jornalísticas.
Portugal is a growing hotspot for entrepreneurs and businesses aiming to expand into Europe.

Establishing a Company in Portugal: Key Considerations and How to Get Started

by Tomás Melo Ribeiro • 6 March 2025
Favourable Corporate Tax Rate: Portugal offers a corporate income tax rate of 20%, which is among the most competitive in the EU.
An injunction helps creditors claim outstanding debts quickly through a legal mechanism.

Opposing an Injunction in Portugal: Deadlines, Procedures, and the Importance of Legal Representation

by Margarida Tempera • 27 February 2025
Engaging a lawyer is crucial; your defense's success relies on valid proof, procedural adherence, and meeting deadlines.
Portugal's traditions, charm, and cuisine are so integral that legal citizenship feels only fair.

My citizenship application has not moved for a long time now, what can I do? Unravelling the World of Nationality Litigation

by Danielle Avidago • 26 February 2025
Portuguese citizenship, for some, means reconnecting to their parent or grandparent who spent their entire childhood amazing them with stories of a country.
Electric car owners benefit from no oil changes, fewer wearing parts, and lower maintenance costs.

The Process of Vehicle Importation and the Benefits of Electric Vehicles

by Cleuzina Cruz • 25 February 2025
Electric cars have garnered significant attention compared to conventional vehicles, owing to their environmental and economic advantages.
More posts
Share by: