Insights & Media


2020 National State Budget Proposal: Possible Changes to the NHR Regime


In the course of the discussions towards the approval of the National State Budget (“Orçamento do Estado”) for 2020, the Socialist Party (“PS”) has submitted a proposal that aims to introduce some relevant changes to the current Non-Habitual Residence (NHR) Regime.

The foreign pensions (Category H) are exempt from taxes according to the current regime. In accordance with the PS proposal, they shall be subject to a 10% special rate on the net amount.

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