{"id":29,"date":"2015-10-19T22:31:34","date_gmt":"2015-10-19T21:31:34","guid":{"rendered":"http:\/\/vivreauportugalconsulting.com\/?page_id=29"},"modified":"2020-02-17T09:11:52","modified_gmt":"2020-02-17T09:11:52","slug":"tax-resident-non-usual-regime","status":"publish","type":"page","link":"https:\/\/vivreauportugalconsulting.com\/en\/regime-fiscal-resident-non-habituel\/","title":{"rendered":"NON-HABITUAL RESIDENT TAX REGIME"},"content":{"rendered":"
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Tax regime non-habitual resident in Portugal <\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
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Do you want to improve your purchasing power? By paying less tax?<\/h4>

The non-habitual resident tax system (RNH)<\/strong>\u00a0in Portugal was introduced in 2009. Within the framework of the Investment Tax Code. Despite the revisions of the tax law that follow each year, the tax regime for non-habitual residents has remained faithful to its initial objectives.<\/p>

This tax regime allows certain categories of assets to benefit from a reduced tax rate of 20%. Regardless of the amount of your income. They allow pensioners to benefit from a more competitive tax rate, for example 10%. On certain incomes received abroad such as pensions from\u00a0private sector<\/a><\/span>.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t

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The tax system for non-habitual residents origins<\/h3>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
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The tax regime for \"habitual non-residents\" is provided for in the IRS Code. It was introduced by Decree-Law No. 249\/2009, of September 23, and supplemented by Ordinance No. 12\/2010 of January 7, with the aim of attracting qualified professionals, investors and foreign retirees to Portugal.<\/span><\/p>

most of the earned income<\/a> Income earned abroad by \"non-habitual residents\" can be exempted in Portugal, provided certain rules are met. Thus, the income from work obtained by a \"non-habitual resident\" abroad can benefit from an exemption, under certain conditions.<\/span><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t

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Non-customary resident status for retirees from 2020<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
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On February 7, 2020, the government voted to reform the non-habitual resident status for foreign retirees. This one has decided to implement a minimum tax of 10 %. This reform of the RNH status will go into effect in 2021.\u00a0<\/span><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t

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Income tax in Portugal<\/strong><\/h3>

The equivalent of the French income tax is called IRS (Imposto sobre o Rendimento das Pessoas Singulares). It is paid by employees and pensioners living in Portugal. After the 10 years of exemption provided by the non-habitual resident tax regime (RNH) have elapsed, an asset will be subject to the IRS.<\/p>

The Wealth Tax - ISF\u00a0<\/strong>The Solidarity Tax on Wealth (ISF) does not exist in Portugal.<\/p>

For your information, the official scale of public finance for the Portuguese taxpayer.<\/strong><\/p>
ANNUAL INCOME<\/strong><\/td>TAX RATES<\/strong><\/td><\/tr>
Less than 7000<\/td>14,5%<\/td><\/tr>
From 7000\u20ac to 20 000<\/td>28,5%<\/td><\/tr>
From \u20ac20,000 to \u20ac40,000<\/td>37%<\/td><\/tr>
From 40 000\u20ac to 80 000<\/td>45%<\/td><\/tr>
Above 80 000\u20ac.<\/td>48%<\/td><\/tr><\/tbody><\/table>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t
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Tax income in Portugal<\/h3>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
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It should be noted that some passive income can also be\u00a0exempt from taxation<\/a>\u00a0at Portugal<\/a> <\/span>under certain conditions linked to the tax treaties between the different countries.<\/p>

Among the passive incomes that can be concerned are interests, dividends, other capital incomes and real estate incomes as well as capital gains from foreign sources.<\/p>

As far as inheritance tax is concerned, free transfers made in the context of a death or a donation are exempt from stamp duty. However, descendants or ascendants and married persons are concerned. For this reason, the exemption does not apply to real estate located in Portugal.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t

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If you need more information, please contact our team <\/div>\n\t\t\t\n\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t
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Do you want to improve your purchasing power? By paying less tax?<\/p>\n

The status of non-habitual residents (RNH) in Portugal was introduced in 2009. As part of the investment tax code. Despite successive revisions to the tax law each year. The tax regime for non-habitual residents has remained faithful to its initial objectives.<\/p>\n

This tax regime allows certain categories of assets to benefit from a reduced tax rate of 20%.<\/p>","protected":false},"author":1,"featured_media":0,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"elementor_header_footer","meta":{"neve_meta_sidebar":"","neve_meta_container":"","neve_meta_enable_content_width":"","neve_meta_content_width":0,"neve_meta_title_alignment":"","neve_meta_author_avatar":"","neve_post_elements_order":"","neve_meta_disable_header":"","neve_meta_disable_footer":"","neve_meta_disable_title":"","neve_meta_reading_time":"","footnotes":""},"class_list":["post-29","page","type-page","status-publish","hentry"],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/vivreauportugalconsulting.com\/en\/wp-json\/wp\/v2\/pages\/29","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/vivreauportugalconsulting.com\/en\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/vivreauportugalconsulting.com\/en\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/vivreauportugalconsulting.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/vivreauportugalconsulting.com\/en\/wp-json\/wp\/v2\/comments?post=29"}],"version-history":[{"count":0,"href":"https:\/\/vivreauportugalconsulting.com\/en\/wp-json\/wp\/v2\/pages\/29\/revisions"}],"wp:attachment":[{"href":"https:\/\/vivreauportugalconsulting.com\/en\/wp-json\/wp\/v2\/media?parent=29"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}