Immigration
Portugal movers focus on tax and visas
Data from the Portuguese Chamber of Commerce in the UK indicates that 63.2% of people planning to move to Portugal are seeking information on residency visas like the D7 or digital nomad visas, while 49.1% are focused on understanding the tax implications. Prospective movers are increasingly researching the IFICI (NHR 2.0) regime, which offers a 20% flat tax rate for ten years to qualified professionals in specific scientific and innovative sectors, provided they meet strict eligibility criteria related to their occupation and tax residence.
Why it matters
If you are planning your move to Portugal, understand that the current 'NHR 2.0' (IFICI) tax regime is highly selective and not automatic, meaning you should consult a tax professional to verify if your specific profession and background qualify before finalizing your financial plans.Portugal ResidentRead original ↗
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