Introduction to the NHR Regime Portugal's non-habitual resident (NHR) tax regime has long been a popular choice for individuals looking to benefit from favourable tax incentives. However, recent developments have led to significant changes in the regime, with the...
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The New NHR: Non-Habitual Residents in 2024
The NHR, as it has been understood for several years, is set to expire on December 31, 2023. In its place, a new regime will take effect on January 1, 2024 (with some stakeholders already calling it "NHR 2.0", "the New NHR"), which will mirror the majority of the...
UPDATE: The End of the NHR and the Beginning of the “New NHR”
Following up on previous communication regarding the proposed cancellation of the Non-Habitual Resident (NHR) program by the Portuguese Government in FY2024, we have obtained some critical insights upon the presentation of the State Budget Bill for FY2024 by the...
Inheritance Law in Portugal: What You Need to Know
When it comes to planning for the future, understanding inheritance law is crucial. In Portugal, the legislation that governs inheritance is comprehensive and covers both legal and voluntary succession. Whether you are a Portuguese citizen or a foreign resident, it is...
Moving to Madeira from the UK: Everything You Need to Know
Moving to a new country can be a daunting experience, but with the correct information, it can be an exciting adventure. Madeira, a Portuguese island off the coast of Africa, has become a popular destination for UK citizens looking to relocate. In this article, I will...