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TAX BENEFITS

GOLDEN VISA / NHR

Since the introduction of Golden Visa in October 2012, the government have granted nearly 4600 Golden Visa Permits of which just over 3000 have been to Chinese nationals. The permit allows foreign nationals outside the EU to reside in Portugal and circulate within the Schengen countries without a visa for short periods of time in exchange for some options.

As for the non-habitual resident regime, it is a giant leap forward in attracting individuals in receipt of pension income into a tax free jurisdiction, for those who can benefit from the double tax treaty. Individuals who declare their foreign income in Portugal can also take advantage from the preferential regime such as business and professional income, interest, and dividends.