Portugal › Strategies › NHR Legacy — Foreign Income Exemption

NHR Legacy — Foreign Income Exemption

By Taxpert Editorial · Last reviewed: 26 April 2026

Legal basis: Art. 16(8)–(12) CIRS (transitional)
Benefit key: nhrForeignExempt

What it does

Under the legacy NHR regime, foreign-source Cat. A / B / E / F / G income is exempt in Portugal under DTT conditions (i.e., the source country may tax it, regardless of whether it actually does).

When this saves money

Whenever you have meaningful foreign dividends, interest, rental income, or foreign salary while enrolled in NHR legacy (grandfathered before 2024).

NHR Legacy regime
Closed to new applicants — full rules for grandfathered holders.
NHR 10% foreign pension
Companion strategy for retirees under NHR.
Expat tax guide
How NHR fits into expat planning.
Foreign income exemption
Definition and how the exemption works.

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NHR Legacy — Foreign Income Exemption

What it does

When this saves money

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