NHR Transitional Rules: Who Still Qualifies After the 2024 Closure
Understanding the transitional provisions for the Non-Habitual Resident regime after its closure to new applications, and who can still benefit from the tax advantages.
Understanding the transitional provisions for the Non-Habitual Resident regime after its closure to new applications, and who can still benefit from the tax advantages.
The 2024 State Budget Law closed Portugal's Non-Habitual Resident tax regime to most new tax residents from 1 January 2024, ending one of the country's flagship expatriate attraction tools.
The Portuguese Parliament approved the State Budget Law for 2024, formally closing the popular Non-Habitual Resident (NHR) tax regime to new entrants starting January 1, 2024.
The Non-Habitual Resident tax regime faces increasing political pressure as debates intensify over housing affordability and tax fairness in Portugal.
Essential tax planning considerations for Portuguese residents before year-end, including NHR optimization, investment timing, and deduction strategies.
A decade after its introduction, the Non-Habitual Resident regime has transformed Portugal's appeal to international residents—a look at its impact and future.