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UPDATE - The Portuguese Passive Income Visa (I)

Besides the Golden Visa, there are other opportunities for residency in Portugal. The Passive Income Visa (also known as "Type I Visa" or "D7 Visa") is a twostep process that allows third country residents (outside the EU) to obtain a residence permit in Portugal.
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Recent Developments on The Non-Habitual Residents Tax Regime (NHR)

The “non-habitual residents” (NHR) tax regime, which has reached its 10th year of application 2019, will be subject to changes. Created with the aim of attracting qualified professionals, high net worth individuals and foreign pensioners to Portugal, with a notorious impact on Portugal’s international highlight, the regime’s recent changes may have a negative impact, the length of which can only be determined in the future, but also present...
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Portuguese Citizenship granted to Sephardic Jews

Acknowledging that Sephardic Jews were subject to unfair persecution, re-sulting in either forced conversion or deportation, during the Middle Ages (namely the Inquisition period), the Portuguese Government has approved a Decree-law regulating the concession of Portuguese citizenship to the de-scendants of such communities.
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The Tax Treatment of Tobacco and Similar Products in the 2020 State Budget Proposal

On November 14 th , 2019, the Portuguese Government presented, for approval of the Parliament, the 2020 State Budget Proposal. The document is now under discussion at the Parliament and its approval is expected to take place during the month of February. We hereby analyze the proposals regarding the taxation of tobacco and similar products.
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The Portuguese Income Tax Treatment of Cryptocurrency Income

Cryptocurrencies have been gaining prominence in the international financial plan, being an option for investors seeking high return and protection for their assets. These “currencies” have not yet been subject to specific regulation in Portugal, and the tax framework of the income derived therefrom is still uncertain. The Portuguese Tax Authorities have already clarified their position on the tax treatment of income from cry...
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