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Expats save over €1bn in tax with Portugal NHR scheme
It ‘has proved to be hugely successful in attracting wealthy individuals’ to the country
How attractive is the Portugal NHR 10-year tax holiday?
Non-habitual resident scheme has been ‘extremely successful’ in generating revenues
Changes to Portugal tax rate will ‘strengthen’ its expat appeal
Still opportunities and benefits despite uplift of pension tax to 10% from zero
Tax hike unlikely to make Portugal unattractive to UK expats
Regime will still be very appealing ‘compared to most other European countries’
Expats reprieved on Portuguese pension tax
A widely speculated 10% tax on expat pensions transferred to Portugal has been left out of the country’s 2018 budget, but this does not mean the rule change is not coming, experts warn.