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Portugal Taxes For Expats
Finance10 months ago
Source: Portugal Taxes For Expats
Portugal's tax system for expatriates presents a unique and potentially advantageous landscape. The Non-Habitual Resident (NHR) regime, introduced in 2009, offers significant tax benefits to qualifying individuals for a period of ten years. Under this scheme, certain foreign-sourced income may be exempt from taxation in Portugal, whilst income from high value-added activities may be subject to a flat rate of 20%.
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