Search results
Results from the WOW.Com Content Network
Under the Investment Tax Code, approved on September 23 2009, [3] a new type of residency, for tax purposes was created under the Personal Income Tax Code, called non-habitual residency (NHR). This new tax residency type was created in order to attract to Portugal high-skilled professionals and pensioners obtaining foreign income.
Personal Income Tax – is a tax paid by Portuguese citizens domiciled in Portugal for their worldwide income. Non-residents of Portugal only pay this tax for their Portuguese sourced income. [11] [12] [13] Corporate Income Tax – is a tax applied to the income of companies operating in the territory of Portugal. [4] [14] [15] [16] [17]
The tax regime for non-habitual residents (commonly known as NHRs or NHR Tax Regime), formally known as non-regular residents, was created with the approval of the Investment Tax Code, approved by Decree-Law n. 249/2009, of 23 September.
For premium support please call: 800-290-4726 more ways to reach us
For earnings between £100,000 - £125,140 employees pay the 40% higher rate income tax + removal of tax-free personal allowance + 2% NI (effectively a 67% marginal rate). The top tax rate on dividend income is 39.35%. Capital gains top tax rates are 20% for securities and 28% on property gains.
Printable version; In other projects ... This is the list of countries by inheritance tax rates. ... Portugal: 0% Russia: 0% [22] Serbia: 0%
Portugal’s Non-Habitual Resident tax regime (NHR) is a huge incentive to move to Portugal and offers tax exemptions on foreign pensions and other incomes. In addition to the non-existence of ...
That drove an investment boom in Portugal, which generated €7.3 billion (around $7.6 billion) from the scheme between 2012 and 2023, according to data from the Portuguese Immigration and Border ...