Fiscal regime for non-habitual residents: a broad and competitive regime with recent changes

SÉRVULO PUBLICATIONS 07 Jan 2015

In the wake of what has been happening in other jurisdictions such as the UK, Switzerland, France, the Netherlands and Spain, a Personal Income Tax regime (IRS - Imposto sobre o Rendimento de Pessoas Singulares) was established in Portugal in 2009 (Decree-Law No. 249/2009, September 23) for non-habitual residents. The Portuguese legislature established a regime that makes the national tax system a very competitive one. This article, written by the Sérvulo Tax Law Department explains the nuances of the system including the latest changes to it.