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Latest News

90,000 citizenship applications in the first six months of 2019Portugal received 90,274 nationality requests in the first half of 2019, based on data provided by the Ministry of Justice, an increase of 86,826 as compared to the previous year...Read more
Brexit: additional Portuguese contingency measuresThe Council of Ministers has approved a diploma establishing a transition period for UK nationals to register for Residency Permits in Portugal in the event of a no-deal Brexit. Rather...Read more
Affordable Leasing Programme: an initial reviewWith the launch of the Affordable Leasing Programme (“Programa de Arrendamento Acessível”) in mid-2019, the housing indicative intends to streamline the long‑term rental market by increasing the supply of homes...Read more
Wealthy foreigners choosing the AlentejoMany French, English and Americans are looking to settle far from the mainstream. For these affluent migrants, the Alentejo is the new eldorado. As a small, diverse country, numerous factors...Read more
50,000 luxury properties to pay AIMIThere are almost 50,000 more houses paying Additional IMI in 2019, the tax on properties with a fiscal value exceeding €600,000. Last year, the number of homes covered by AIMI...Read more
Tax dispute resolution to follow EU directiveSettling cross-border tax conflicts within the European Union will follow new guidelines that entered into legislation as of 01 July as announced by the EU Commission. According to a recent ...Read more
EU triples tax haven blacklistThe EU has broadened its blacklist of tax havens, adding 10 new jurisdictions; Aruba, Barbados, Belize, Bermuda, Fiji, the Marshall Islands, Oman, the United Arab Emirates, Vanuatu and Dominica. They...Read more
Upcoming rule changes to raise IMI in 2020The “AT” (Tax Authority) has revealed plans to review the Location Coefficient (“CL”) of immovable properties by the end of August. The new localisation factor will be approved by the...Read more
Portugal collects €167 million from Golden Visa feesOver the past seven years, the state has brought in more than 167 million Euros with the issuance and renewal of Golden Visas. The fees charged by “SEF” (“Serviço de...Read more

Despite an inauspicious start in 2009, the “NHR” programme has gained relevance, attracting thousands EU “tax refugees” to Portugal. Since 2014, new applicants have increased by 1400%. Between September of 2018 and March of this year, the number of new non-habitual residents rose by over 26%. Brazilians recorded the most significant jump with a gain of 52%, surpassing the Swedes. Citizens who qualify for “NHR” status pay “IRS” at a flat rate of 20% when they are linked to high added-value activities in Portugal. However, this group of targeted professionals accounted for just 7% of total applicants. Most are pensioners, seeking a 10-year tax holiday on their retirement benefits. In 2017, new “NHR” retirees numbered almost 10,000.