Nuno Nogueira Pinto assesses the legal and tax benefits of acquiring residence in Portugal and the country’s Golden Visa
According to the Global Peace Index, Portugal is the fourth safest place in the world. Combined with a sunny Mediterranean climate, a fabulous gastronomy, a diverse geography and an attractive tax regime with no tax on wealth and inheritances when the beneficiary is the spouse, descendant or ascendant, Portugal is a remarkable choice of residence.
The Non-Habitual Resident (NHR) regime is provided for in the PIT (IRS) Code since 2009 and aims to attract investment to Portugal, as well as qualified professionals, pensioners and high net worth individuals to invest in Portugal.
The Non-Habitual Resident
The NHR regime allows for a special tax regime with reduced tax rates or even with personal income tax ...