Individuals who become residents for tax purposes in Portugal, and not have been considered as Portuguese residents in the previous five years, may benefit from the great advantages of the non-habitual tax regime regarding the taxation of the income obtained (in the Portuguese territory or abroad).

This is as well a very attractive regime for foreign pensioners who intend to reside in Portugal, considering the potential double non-taxation of the occupational pensions from foreign source..

Learn more about the required conditions in order to benefit from the Portuguese regime as well as the respective advantages.

Relevant legislation:

• Decree-law no. 249/2009, 23rd September.
• Ministerial Order no. 12/2010, of January 7th  and Ministerial Order no. 230/2019, 23rd July.
• Ordinance (“Circular”) 2/2010 ;Ordinance no. 9/2012  and Ordinance no. 4/2019 (issued by Portuguese Tax Authorities).
• Ministerial Order 404/2015, 16th November.
• Law no. 75-B/2020, 31st December and Rectification no.6/2021, 24th February .

As part of the measures aimed at suppressing and preventing money laundering, a regulation directed to Real Estate Entities was approved, subjecting them to specific duties of identifying the actors, keeping documents and reporting suspicious transactions to the competent authorities.

Here is the relevant legislation and a brief note on the subject:

• Regulation 276/19, of march 26