Hi, I am, getting close to retiring in about 1 year or so… I was thinking about getting back to Europe and heard about that program a few years back and then I heard they stopped it because the European Union was complaining about it… and how about capital gain on stocks or investments… is it tax free during the 10 years?
I understand that it’s under a tax treaty between the 2 countries, just trying to figure out if I can get a 10 year tax free in Portugal… let me know.
There are many advantages to being a non-habitual tax resident in Portugal:
Benefit from a special personal income tax treatment over a 10-year period
Possibility of enjoying a tax exemption on almost all foreign source income
20% flat rate for certain Portuguese source incomes (from specific professions as well as income from self-employment), as opposed to normal Portuguese income tax rates of up to 48%
No minimum stay requirement
Become part of a white-listed tax environment within the EU
A tax exemption for gifts or inheritance to direct family members
No wealth tax
Free remittance of funds to Portugal