Tax Regime for Former Residents in 2024
Who is it for?
It is intended for individuals who:
- Become tax residents in Portugal by 31/12/2026;
- Have not been considered residents in Portugal in any of the 5 years prior to that;
- Have been residents in Portugal before the aforementioned 5-year period;
- Have their tax situation regularized;
- Have not benefited from the Non-Habitual Resident (NHR) regime.
Procedure for obtaining the Regressar Program
Once individuals are considered residents and meet the above-mentioned requirements, they must indicate in their IRS declaration that they intend to benefit from this regime.
Benefits of the Regressar Program:
For a period of 5 years, the individual benefits from the exclusion of taxation of 50% of income from dependent work and income from business and professional activities, up to a maximum limit of €250,000 (two hundred and fifty thousand Euros)
