Belion Partners  - Residency and Investment expert in Portugal

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

15 January 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.
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