Foreign or Portuguese citizens who have not been considered tax residents in Portugal in the last five years and who become tax residents in Portugal.
The Non-Habitual Resident Status (NHR) is a special tax scheme that, for ten years, allows the relief of personal income tax (IRS) on income originating in Portugal, from qualified work and taxable income or pensions, as well as the exemption from tax on income generated outside Portugal (except pensions).
NHR holders can also benefit from other tax benefits that Portugal offers, namely inheritances and donations, between ascendants and descendants (e.g. parent to child, or grandparent to grandchildren, or child to parent) and husband and wife, are exempt from said tax. Other inheritances and gifts (such as uncle to a nephew or unrelated persons) are taxed at a flat rate of 10% on assets located in Portugal (other assets will not be subject to tax).
* Occupations considered to have high added value are:
Lamares, Capela & Associados provides its services to national and international individuals and companies.