Zero tax for non-habitual residents
Learn how to Retired or pensioners who want to establish their usual tax residence in Portugal, have a tax exemption for a period of 10 years.
Retirees or pensioners, who want to establish their usual tax residence in Portugal, have a tax exemption for a period of 10 years.
The absence of taxation in the case of pensions earned abroad.
How can acquire the status of Resident Non Habitual:
There have been resident in Portugal for the last 5 years;
Register as tax resident in Portugal in place of Finance Service (for this should have remained in Portugal more than 183 days, consecutive or not, or having stayed for less time, there has, as of December 31 of this year, housing in conditions that the person might intend to maintain and occupy as habitual residence);
Request the award of Habitual Non-Resident status at the time you sign up as a tax resident in Portugal or until March 31 of the year following that become resident in Portugal.
Who should apply:
Retirees and pensioners, stop paying taxes in their country of origin because they now have tax residence in Portugal and will be fully exempt from tax in Portugal, due to the particular legal rules established exemption.
Obtained the status of Resident Non Habitual, in which case applies the exemption from tax on income earned abroad by non-residents dwell in Portugal:
When the income is taxed in the State of origin in accordance with the Convention to eliminate double taxation concluded by Portugal with that State.
Possibility to buy / rent dream home in Portugal, financing the purchase only the monthly amount that does not pay taxes on reform in their country of origin.
This information does not dispense with consulting the applicable law.
Why choose Portugal:
A modern country where there is a great diversity of landscapes and environments at short distances: beaches with sand out of sight, mountains and golden plains, beautiful golf courses, vibrant and cosmopolitan cities and ancient heritage.
The Portuguese are gracious and welcoming, they welcome all visitors, from whatever source. Much of the population speaks foreign languages, namely English and French.
The cuisine, good wines and the sympathy of the Portuguese make this country a little paradise.
With a mild climate, Portugal has a mild winter. And in the summer, thanks to the oceanic influence, temperatures rarely reach extreme levels.
Portugal is the 18th most peaceful country in the world in a sample of 162 countries (Global Peace Index 2013).
It has won prestigious tourism awards: Best European Destination, Best Destination Short Term in Europe, Best European Cruise Destination, and is one of the cities in the world with the highest quality of life.
By the sea, full of glamor and charisma is a cosmopolitan, full of animation and considered by many the Portuguese Riviera.