NHR (Non-Habitual Resident)

Name: NHR (Non-Habitual Resident) | New Way | Visa & Relocation
SKU: 026-TAX
Price: 799.00 EUR
Availability: InStock

Description

find out if you can save on taxes

The Non-Habitual Resident Status (NHR) is a special regime that offers a reduction in Personal Income Tax (IRS) for 10 years to new foreign residents (of any nationality) and to Portuguese citizens who have been emigrating for more than 5 years.

If during the 10-year period you have not benefited from the right to tax as a NHR in one or more years, you can benefit from the regime again until you have completed the 10 years, as long as you are considered resident in Portugal for tax purposes.

In order to become a resident in Portugal, it is necessary(Article 16(1) of the CIRS):

Have stayed in Portuguese territory for more than 183 days, consecutive or interpolated, in a 12-month period beginning or ending in the year in question; or
If you have been in Portugal for less than 183 days, you must have a dwelling that you can keep and use as your habitual residence.

The NHR regime is a right that is neither compulsory nor automatic. If the taxpayer is interested in taking advantage of this status, he must request it from the AT, thus exercising the option for the special regime. If you don't apply for NHR status, you will be taxed as a tax resident in Portugal under the general regime.

Despite the repeal of the tax regime for non-habitual residents, a much smaller regime was created, which we will refer to as a successor to the Statute for Non-Habitual Residents.

What you get from working with us

Experience and know-how

Acquired in the execution of thousands of projects. The certainty of being in "good hands".

Less bureaucracy and more peace of mind

We represent you before the services of the Portuguese State. We keep your interaction with state entities to a minimum.

Saves time with faster execution

We know the procedures, we know what to do and what not to do to get fast processes.

Meeting with the client to assess their tax situation and answer questions.

Analysis of the client's particular conditions, residence status, job, income to be earned, to assess whether they fall within the rules to benefit from this special regime.

Report and recommendation on the actions to be taken in order to submit the application.

Submitting the Non-Habitual Resident application, on behalf of the client, to the tax authority.

Follow-up until the decision of the tax authority.

23% VAT. This will be added during checkout.

Travel outside a 40 km circle around Lisbon and Porto (where we have offices). Ask for a quote if applicable.

Translations, recognition of documents before official bodies, or certified copies. Ask for a quote if applicable.

International mail.

The customer must provide the necessary personal and financial information.

Who is it for?

Individuals who become resident in Portuguese territory and who have not been resident here in any of the previous five years.

What is the IRS benefit?

The IRS benefit consists of taxation at a special rate of 20% on net income from categories A and B earned in the context of these activities, for a period of 10 consecutive years from the year of registration as a resident in Portuguese territory.

Sérgio Garcia

Sanofi

Very professional people, making the transition from country easy and allowing us to concentrate on other things, like work or family, knowing that the rest is in good hands

Denis Vanasbroeck