THE TAX BENEFIT OF THE NON USUAL RESIDENT IN PORTUGAL

Since 2009 and the enforcement of Law 249/2009 a new tax regime has been establish in Portugal for the foreigners consideres as Non usual Resident.

The benefit of this tax regime is valid for 10 years. In order to benefit from this system, the applicant must

• Be already resident in Portugal
• Leave in the country at least 183 days or dispose of an habitation which lead to believe that the primary intention of the applicant is to leave and be a resident in Portugal

The non usual residency apply to two different categories of persons

1- PROFESSIONNALS EXPERTS WITH - ACTIVITIES WITH HIGH ADDED VALUE

Can be considered as a profesional experts (Architects – Engineer – Artists- Dentists & doctors – scientist- Investors and company administrators).

All activity generated within Portugal would be taxed at 20 % only.

2- OVERSEAS PENSIONS.

Retirement pensions obtained and paid from abroad are not subject to the payment of any tax in Portugal for the beneficiary of the non usual resident status in Portugal. These exemptions are valid for a non renewable period of 10 years

Should you require further information do not hesitate to contact us at [email protected]