Belion Partners - Residency and Investment expert in Portugal

Move To Sunny Portugal And You May Pay Little Or No Tax?

Jan 15, 2013
not having been taxed in this country during at least the previous 5 years
granted for a period of 10 years
no minimum stay requirement
application formalities
professionals, entrepreneurs and investors
recipients of occupational pensions
  • Foreign-source employment, self-employment, occupational pension, capital gains and investment or rental income will be exempt from Portuguese tax as long as it is deemed liable to tax in the source country under a double taxation treaty or under the OECD model tax convention (as interpreted by the Portuguese state), and it is deemed as not being Portuguese-source income under applicable Portuguese law and are not sourced from a listed tax haven.
  • Portuguese-source employment or self-employment income will be taxed at a flat rate of 20% , while other Portuguese-source types of income will be taxed at the normal rates applicable to resident taxpayers, with the calculation of the applicable marginal tax rate taking into account all income, including exempt income. A surcharge of 3.5% applies to the slice of the total taxable income (whether subject to progressive or flat rates) which exceeds for each taxpayer the minimum guaranteed wage of EUR 6,790 p.a.

Portugal Ranks 3rd in the Nomad Passport Index: A Prime Destination for Global Citizens

17 May, 2024
Portugal proudly holds the 3rd position in the Nomad Passport Index (NPI), a global ranking that evaluates passports based on their freedom to travel and live in different countries. This achievement emphasises Portugal's appeal in the era of digital nomadism, where technology enables a lifestyle of mobility and independence. Digital nomadism has surged in popularity as the 21st century brings advanced technology, allowing individuals to work remotely and avoid the confines of traditional office settings. This shift has created a need for passports that offer extensive travel freedom and minimal restrictions, making Portugal's high ranking particularly noteworthy. The Nomad Passport Index assesses 199 global passports on five key criteria: Visa-free travel, global perception, taxation of citizens, dual citizenship, and personal freedom. This comprehensive analysis provides a broader measure of a passport's value compared to the Hanley Passport Index , where Portugal also ranks highly at 5th place in 2023, based on visa-free access data from the International Air Transport Association. The top 10 strongest passports according to the Nomad Passport Index are as follows: Switzerland Ireland Portugal Luxembourg Finland United Arab Emirates Netherlands Norway Germany New Zealand European countries dominate this list, holding 8 out of the 10 spots, highlighting Europe's robust diplomatic relations and global connectivity. Portugal stands out as the only southern European country in the top 10, making its passport the strongest in the region. This ranking reflects Portugal's commitment to personal freedom and the high standards across the evaluated criteria. Beyond its powerful passport, Portugal has garnered international acclaim for its dynamic start-up ecosystem , one of the leading European countries in technological innovation and entrepreneurial spirit. These attributes make Portugal an exceptional place to live and invest, offering a fertile ground for both personal and professional growth. If you are considering residing or investing in Portugal, we are here to assist. Our company specialises in providing tailored services to guide you through every step of the process. Reach out to us for expert assistance and make the most of what Portugal has to offer.
This recognition underscores Cascais' ongoing dedication to environmental responsibility.

Cascais Recognised as a Top Green Destination with Platinum Status

15 May, 2024
Cascais, a coastal resort town in Portugal just a stone's throw from Lisbon, recently won an award for its investment in promoting sustainability.
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