Portugal has an attractive tax regime for so-called "Non Habitual Residents"
RNH: Residentes Não Habituais
- Regime valid for 10 years
Tax exemption for foreign income under certain conditions - 10% tax rate for qualifying retirement income
- 20% tax rate for qualifying labor income (certain professions and value-added activities)
- No gift or inheritance tax:
- Portuguese tax law offers opportunities for the tax-free transfer of wealth to parents and children
- Portugal has no wealth tax
- Portugal has no exit tax