Portugal: Golden visa and NHR regime

Portugal Golden visa program is the most successful program in Europe for obtaining the right of long-term residence for investment as it imposes low requirements for the duration of stay in Portugal (on average, only 7 days per year). If you plan to live in Portugal, it will also be helpful to know that, as a tax resident of Portugal, you will be eligible for a special tax regime — the non-habitual resident regime (NHR) – which will grant you tax relief for most types of non-Portuguese income for a 10-year period.

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Special tax regimes for individuals in Europe

Special tax regimes for individuals have existed in Europe for a long time. Some countries established them on the basis of tax residency without domicile, while others introduce certain preferential provisions in existing tax legislation. Nowadays, Italy, Spain, Portugal, Malta, Switzerland, the United Kingdom and Cyprus can boast of such an option for attracting new tax residents and income to their budgets.

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