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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...
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...
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 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...
Although tax planning can be legitimate under Portuguese law, the distinction between legitimate and illegitimate tax planning is blurred and depends on the interpretation and/or discretion of the tax administration. As a legitimate action, tax planning is the...