Home Travel & Adventure Calling All Expats! Portugal’s Lucrative Tax Break May Still Be Up for...

Calling All Expats! Portugal’s Lucrative Tax Break May Still Be Up for Grabs


The tax regime for non-habitual residents (NHR), which describes a special tax status in Portugal that is intended to attract individuals like expatriates and retirees to live and work in the country, can experience some changes in 2024, as part of the proposed law for the State Budget for 2024.

According to the local media in Portugal, the PS party will carry on with a proposal to amend the law and introduce a transitional regime for this category in 2023. The act is a counter-response to concerns and potential negative impacts on workers, retirees and investors who planned to move to Portugal during this period.

The Socialist Government, which is still in power, was set to redirect these tax incentives in the field of scientific research and innovation, leaving out many professionals, investors and families.

The end of the NHR has brought a wave of concerns among economists and professionals across all sectors in Portugal, including real estate.

It is important to create a transitional regime that allows the legitimate expectations of people who have already made the decision to immigrate or return to Portugal to be safeguarded, under penalty of damaging the trust of those who made the same decision, with changing country naturally having a very material impact on anyone’s life. 

PS Party

This PS proposal will include the transitional regime that was already foreseen by the Government, also applying to those who had already registered as an NHR or met the requirements to join the regime by the end of this year.

This indicates that families who present sufficient evidence that they have prepared their move to Portugal in 2023, will also be covered.

In the document, the Socialist Party explains that its intention throughout the new changes is to strengthen the transitional regime, enabling citizens in this category that undertake material steps to change their tax residence to Portugal and safeguard them, based on the regime that expires with the proposal of the State Budget for 2024.

This indicates that anyone who wants to benefit from the NHR scheme for 2023, will be able to do so by planning their move to Portugal within this year and providing the necessary documentation which includes a promise of an employment contract signed until the end of the year, which has to be within the territory of Portugal; leasing contract or other contract that

Granting the use of possession of property in Portugal until October of this year. In addition, the enrolment or registration for dependents at education establishments in the Portuguese territory until October as well as the residence visa or residence permit valid until December 21, 2023.

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Monte OZ
Monte OZ is a highly accomplished and respected international freelance journalist, travel and active adventure reporter, and leading entertainment & lifestyle blogger based in Africa. With a passion for storytelling, a sense of adventure, and an eye for all things captivating, Monte has become a prominent figure in the world of travel, entertainment, and lifestyle journalism. Born and raised in Africa, Monte developed a deep appreciation for the continent's diverse cultures, rich heritage, and vibrant entertainment scene. His upbringing fueled his desire to share Africa's untold stories and showcase its dynamic lifestyle to a global audience. Monte's extensive experience and expertise have made him a sought-after authority on all things related to travel, adventure, entertainment, and lifestyle in Africa. As an international freelance journalist, Monte has made significant contributions to various prestigious publications worldwide. His captivating articles, insightful interviews, and engaging features have graced the pages of leading entertainment magazines, lifestyle publications, and reputable news outlets. Monte's unique ability to capture the essence of Africa's entertainment and lifestyle scene has garnered widespread acclaim and recognition. With a love for exploration and a thirst for adrenaline, Monte also thrives as an active adventure reporter. He has embarked on daring expeditions, immersing himself in Africa's wild landscapes, and documenting his adrenaline-pumping experiences. Whether it's conquering treacherous peaks, exploring remote jungles, or engaging in heart-pounding activities, Monte's adventurous spirit and daring escapades inspire readers to embrace their own sense of adventure. In addition to his work in journalism and adventure reporting, Monte is a leading entertainment & lifestyle blogger in Africa. Through his influential blog, he offers readers an insider's view of the continent's vibrant entertainment scene, trendy hotspots, fashion trends, culinary delights, and cultural experiences. Monte's unique blend of storytelling, personal insights, and expert recommendations has made his blog a go-to resource for entertainment and lifestyle enthusiasts seeking the pulse of Africa's dynamic culture. Beyond his professional pursuits, Monte is a passionate advocate for promoting Africa's talent, creativity, and cultural diversity. He actively supports and champions emerging artists, musicians, designers, and entrepreneurs, helping to showcase their work to a broader audience. Monte's dedication to promoting Africa's vibrant entertainment and lifestyle industry has positioned him as a respected influencer and tastemaker within the African and global entertainment communities. With a commitment to excellence, a passion for exploration, and a talent for captivating storytelling, Monte Oz continues to captivate audiences worldwide. As an international freelance journalist, travel and active adventure reporter, and leading entertainment & lifestyle blogger, his work has left an indelible mark on the world of journalism, travel, and entertainment, solidifying his position as a trusted authority and go-to resource for all things related to African travel, adventure, and lifestyle.