Taxation

NHS STATUS FOR RETIREES EVOLVES

&amp;NewLine;<h2 class&equals;"wp-block-heading">RNH status for retirees is changing<&sol;h2>&amp;NewLine;&amp;NewLine;&amp;NewLine;&amp;NewLine;<p>At the time of writing, the foreign press is announcing the end of RNH status for <strong>retired<&sol;strong>When is it really &amp;excl; <&sol;p>&amp;NewLine;&amp;NewLine;&amp;NewLine;&amp;NewLine;<h3 class&equals;"wp-block-heading">These are just rumours <&sol;h3>&amp;NewLine;&amp;NewLine;&amp;NewLine;&amp;NewLine;<p>For the time being, these are just <span style&equals;"text-decoration&colon; underline&semi;"><strong><a aria-label&equals;" &lpar;opens in a new tab&rpar;" rel&equals;"noreferrer noopener" href&equals;"https&colon;&sol;&sol;www&period;publico&period;pt&sol;2018&sol;09&sol;03&sol;economia&sol;noticia&sol;be-propoe-fim-do-regime-dos-residentes-naohabituais-ja-em-2019-1842791" target&equals;"&lowbar;blank" class&equals;"rank-math-link">rumors<&sol;a><&sol;strong>&amp;comma;<&sol;span> the government to announce at the end of 2019 is studying the possibility of making<strong> <a href&equals;"https&colon;&sol;&sol;vivreauportugalconsulting&period;com&sol;fin-du-rnh-pour-les-retraites&sol;" class&equals;"rank-math-link"><span style&equals;"text-decoration&colon; underline&semi;">RNH status for retirees<&sol;span><&sol;a><&sol;strong>as it does for the <strong><a href&equals;"https&colon;&sol;&sol;vivreauportugalconsulting&period;com&sol;rnh-liste-des-activites&sol;" class&equals;"rank-math-link"><span style&equals;"text-decoration&colon; underline&semi;">asset status<&sol;span><&sol;a><&sol;strong> end 2019&amp;period; <&sol;p>&amp;NewLine;&amp;NewLine;&amp;NewLine;&amp;NewLine;<h3 class&equals;"wp-block-heading">What the rumors say<&sol;h3>&amp;NewLine;&amp;NewLine;&amp;NewLine;&amp;NewLine;<p>The government is reportedly studying the possibility of introducing a &amp;lpar;IRS&amp;rpar; minimum tax for foreign pensioners&amp;comma; this would be around <strong>10&amp;nbsp&amp;semi;&amp;percnt; <&sol;strong>or a minimum of 7500&amp;comma;00&amp;nbsp&amp;semi;€&amp;sol;an&amp;comma; you can see that this is not very clear.<&sol;p>&amp;NewLine;&amp;NewLine;&amp;NewLine;&amp;NewLine;<p>knowing that the first tax bracket in Portugal starts at €7,000&amp;comma;00&amp;nbsp&amp;semi;annual income&amp;period; <&sol;p>&amp;NewLine;&amp;NewLine;&amp;NewLine;&amp;NewLine;<p>What will become of the tax treaty between France and Portugal, for example? <&sol;p>&amp;NewLine;&amp;NewLine;&amp;NewLine;&amp;NewLine;<h3 class&equals;"wp-block-heading">Will the status of non-habitual resident change? <&sol;h3>&amp;NewLine;&amp;NewLine;&amp;NewLine;&amp;NewLine;<p>Fundamentally YES, the RNH will evolve&amp;comma; it has existed since 2009 and has never been modified&amp;comma; this tax advantage is starting to upset the Portuguese and certain political parties&amp;comma; for the moment no one knows whether the government will introduce a minimum tax or new conditions for obtaining it&amp;period; those who tell you otherwise have a crystal ball&amp;period; <&sol;p>&amp;NewLine;&amp;NewLine;&amp;NewLine;&amp;NewLine;<hr class&equals;"wp-block-separator"&sol;>&amp;NewLine;&amp;NewLine;&amp;NewLine;&amp;NewLine;<p>The&amp;nbsp&amp;semi;2020 budget is still being negotiated before the assembly and is not expected to be voted on until the end of January or the beginning of February&amp;period; On this subject the government has already fallen well behind schedule and these views rejected its first budget &amp;lpar;in October&amp;rpar; by Brussels&amp;period; <&sol;p>&amp;NewLine;&amp;NewLine;&amp;NewLine;&amp;NewLine;<p>Of course&amp;comma; we are following this subject and the debates currently taking place in the assembly very closely&amp;comma; we will keep you informed of any changes to non-habitual resident status for pensioners&amp;period; <&sol;p>&amp;NewLine;

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