December 2023

NHR Transitory Period

NHR – Portuguese Government introduces a welcome transitory period

Dec 03,2023 I In a surprise announcement in early October 2023, the Portuguese government announced the termination of NHR (Non Habitual Resident) which promoted advantageous tax benefits to an individual for a period of ten years. The announcement was received with surprise as it was made without consultation and there were no warning signs that the regime would be subject to change. The NHR programme...

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