Taxation

GOVERNMENT ADMITS IT WANTS TO TAX FOREIGN PENSIONERS

&amp;NewLine;<h2 class&equals;"wp-block-heading">Towards the end of RNH for retirees &amp;quest;<&sol;h2>&amp;NewLine;&amp;NewLine;&amp;NewLine;&amp;NewLine;<p>The RNH, which allows foreign pensioners to benefit from total exemption from income tax on their private-sector pensions, has come in for some criticism in recent years from Portuguese taxpayers&amp;comma; but also from certain politicians and political parties&amp;period; <&sol;p>&amp;NewLine;&amp;NewLine;&amp;NewLine;&amp;NewLine;&amp;NewLine;&amp;NewLine;<div style&equals;"height&colon;24px" aria-hidden&equals;"true" class&equals;"wp-block-spacer"><&sol;div>&amp;NewLine;&amp;NewLine;&amp;NewLine;&amp;NewLine;<p>As part of the <a class&equals;"rank-math-link" href&equals;"https&colon;&sol;&sol;vivreauportugalconsulting&period;com&sol;smic-portugais-augmente&sol;">State budget 2020<&sol;a>The government has admitted that it is studying the possibility of ending RNH status and 2020&amp;period; foreign pensioners will be subject to a tax of between 15 &amp;percnt; and 20 &amp;percnt;&amp;period; <&sol;p>&amp;NewLine;&amp;NewLine;&amp;NewLine;&amp;NewLine;<p>Is this the end of RNH for foreign retirees &amp;quest; <&sol;p>&amp;NewLine;&amp;NewLine;&amp;NewLine;&amp;NewLine;&amp;NewLine;&amp;NewLine;<h3 class&equals;"wp-block-heading">Foreign pensioners to be taxed <&sol;h3>&amp;NewLine;&amp;NewLine;&amp;NewLine;&amp;NewLine;<p>After an in-depth modification of the <strong><em><a href&equals;"https&colon;&sol;&sol;vivreauportugalconsulting&period;com&sol;rnh-liste-des-activites&sol;" class&equals;"rank-math-link">RNH for assets<&sol;a><&sol;em><&sol;strong> The Portuguese government has decided to attack the RNH scheme for pensioners&amp;period;<&sol;p>&amp;NewLine;&amp;NewLine;&amp;NewLine;&amp;NewLine;<p>Foreign pensioners living in Portugal under the RNH scheme currently benefit from a double exemption from the IRS&amp;period; In practical terms&amp;comma; this means that they pay no income tax in the country where they receive the pension and in Portugal&amp;period; Of course, this pension still has to come from the private sector&amp;period; <&sol;p>&amp;NewLine;&amp;NewLine;&amp;NewLine;&amp;NewLine;<p>Since 2016, the Portuguese Ministry of Finance has been advocating a change to this RNH scheme&amp;comma; however, the Prime Minister has always opposed this change&amp;period; According to the <a href&equals;"https&colon;&sol;&sol;eco&period;sapo&period;pt&sol;2019&sol;12&sol;14&sol;governo-admite-taxar-reformados-estrangeiros&sol;" class&equals;"rank-math-link"><strong><em><span style&equals;"text-decoration&colon; underline&semi;">Eco newspaper<&sol;span><&sol;em><&sol;strong><&sol;a>&amp;comma; the SP obtained a guarantee that the RNH would be re-examined and that measures would be taken in 2020 or at the latest at the end of Antonio Costa's term of office &amp;lpar;2023&amp;rpar;&amp;period;<&sol;p>&amp;NewLine;&amp;NewLine;&amp;NewLine;&amp;NewLine;<h3 class&equals;"wp-block-heading">A tax of between 15 and 20 per cent; <&sol;h3>&amp;NewLine;&amp;NewLine;&amp;NewLine;&amp;NewLine;<p>The government would like to create a specific scale for foreign pensioners, which would be between 15 and 20&amp;percnt;&amp;comma; reassured you those who already benefit from the status will not be affected&amp;period; Only those who apply in 2020 will be affected by this reform of the law&amp;period; <&sol;p>&amp;NewLine;&amp;NewLine;&amp;NewLine;&amp;NewLine;<p>Of course&amp;comma; this assumption is valid&amp;comma; provided that this reform is voted in the budget&amp;nbsp&amp;semi;2020&amp;period; <&sol;p>&amp;NewLine;&amp;NewLine;&amp;NewLine;&amp;NewLine;<hr class&equals;"wp-block-separator has-text-color has-background has-very-dark-gray-background-color has-very-dark-gray-color"&sol;>&amp;NewLine;&amp;NewLine;&amp;NewLine;&amp;NewLine;<figure class&equals;"wp-block-embed-wordpress aligncenter wp-block-embed is-type-wp-embed is-provider-vivre-au-portugal-consulting"><div class&equals;"wp-block-embed&lowbar;&lowbar;wrapper">&amp;NewLine;<span class&equals;"baspmvqcmuyb0fasgg3t1adumeib9j2ly8jdo0p448lxkf5qwzyoefvjdofmzxvrogge9kbhijq2nhrsrspd3cu1khi"><blockquote class&equals;"wp-embedded-content" data-secret&equals;"ivvcfrkgua"><a href&equals;"https&colon;&sol;&sol;vivreauportugalconsulting&period;com&sol;reforme-du-rnh-2020&sol;">THE GOVERNMENT PRESENTS A PROJECT TO REFORM THE STATUS OF NHS<&sol;a><&sol;blockquote><iframe title&equals;"« le gouvernement prÉsente un projet de rÉforme du statut rnh » &&num;8212&semi; vivre au portugal consulting" class&equals;"wp-embedded-content" sandbox&equals;"allow-scripts" security&equals;"restricted" style&equals;"position&colon; absolute&semi; clip&colon; rect&lpar;1px&comma; 1px&comma; 1px&rpar;&semi;" src&equals;"https&colon;&sol;&sol;vivreauportugalconsulting&period;com&sol;reforme-du-rnh-2020&sol;embed&sol;&num;&quest;secret&equals;ivvcfrkgua" data-secret&equals;"ivvcfrkgua" width&equals;"600" height&equals;"338" frameborder&equals;"0" marginwidth&equals;"0" marginheight&equals;"0" scrolling&equals;"no"><&sol;iframe><&sol;span>&amp;NewLine;<&sol;div><&sol;figure>&amp;NewLine;

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