Portugal › Strategies › NHR Legacy — 10% Foreign Pension
NHR Legacy — 10% Foreign Pension
By Taxpert Editorial · Last reviewed: 26 April 2026
- Legal basis
- Art. 72(12) CIRS
- Benefit key
- nhrPension10
Primary source
Artigo 72.º Taxas especiais 1 - São tributados à taxa autónoma de 28 %: a) (Revogada.) (Revogação pela Lei n.º 24-D/2022, de 30 de dezembro) b) Outros rendimentos auferidos por não residentes em território português que não sejam imputáveis a estabelecimento estável nele situado e que não sejam sujeitos a retenção na fonte às taxas liberatórias;…Read Art. 72(12) CIRS on ptdata.org →
What it does
Foreign pensions are taxed at a flat 10% for the 10-year NHR window — the headline benefit for retirees who relocated under the legacy regime.
When this saves money
For retirees with foreign-source pension income > ~€20k/year, the 10% rate is typically half (or less) of what the progressive scale would charge.
Watch-outs
Does not apply under IFICI (NHR 2.0) — foreign pensions there are taxed normally.
Related
Try it in the calculator
See exactly how this strategy affects your effective rate — enter your income and compare regimes side by side.
Open the Portugal tax calculator →