PORTUGAL TO END THE NHR TAX REGIME IN 2023!
PORTUGAL ENDING THE NHR REGIME In an unexpected decision, Portugal’s Prime Minister announced this Monday in a TV broadcasted interview the intention to end the NHR tax regime as regards the new applications as from 2024 onwards. We should have more clarity on the actual details of the measure in the next week, when the Budget …. Read More
Tax residence and personal income tax in Portugal
What to expect: Resident individuals are liable to income tax on their worldwide income and non-residents on their Portugal-sourced income only. An individual is tax resident in Portugal for any year in which: (i) He stays in Portugal for more than 183 days (continuously or not) during a 12 month period, which begins or ends …. Read More