Non/Habitual Resident (NHR) Tax Regime

The Non-Habitual Resident (NHR) Tax Regime ended in 2023, as approved by the Portuguese parliament with the final vote of the 2023 State Budget on 29th November 2023.

The government conceded also a transition period for the end of the NHR in 2024 for the people that started preparing their move to Portugal in 2023 but were not able to finalize the process in 2023.  

It is still possible to apply for this special tax regime until the end of 2024 in certain conditions, namely if the person has:

•            A promise or employment contract signed by 31st of December 2023, whose work must take place in Portugal;

•            A lease contract or other contract granting the use of a property for residency purposes in Portuguese territory concluded until 10th of October 2023;

•            A reservation contract or promissory contract for the acquisition of property in Portugal for residential purposes concluded by 10th of October 2023;

•            The registration of dependents at an educational establishment in Portugal, completed by 10th of October 2023;

•            A residency visa or residency permit valid until 31st of December 2023;

•            Procedure initiated by 31st of December 2023, for granting a residence visa or residence permit, with the competent authorities.

If you have further questions regarding this matter, get in touch with our Law Firm via geral@legalstamp.eu