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NHR (Legacy / pre-2024)

Flat rate
20%
Duration
10 years
Legal basis
Art. 16(8)–(12) CIRS (transitional, Lei 82/2023)

Eligibility

What is NHR Legacy?

The Non-Habitual Resident regime is a preferential tax status Portugal introduced in 2009 for new tax residents engaged in high-value-added (HVA) activities or receiving foreign income. It grants a flat 20% rate on qualifying Portuguese-source employment and self-employment income, and 10% on foreign pensions, for a non-renewable period of 10 years.

The regime was closed to new applicants in January 2024 under Lei 82/2023. Taxpayers who registered before the cut-off retain their benefits for the remainder of their 10-year window under transitional rules.

Key benefits

High-value-added activities

The 20% flat rate on Portuguese-source income applies only if the taxpayer’s activity appears on the HVA list (Portaria 230/2019). Key categories include:

Income from activities outside the HVA list is taxed at standard progressive rates even if the taxpayer holds NHR status.

The 5-year rule

To qualify for NHR, the applicant must not have been a Portuguese tax resident in any of the five years immediately preceding the application year. Partial-year residence does not count — the full calendar year must have been spent as a non-resident.

After the 10-year window

Once the 10-year NHR period expires, the taxpayer reverts to standard IRS treatment: progressive rates up to 48%, no flat rate on employment income, and foreign pensions taxed at marginal rates rather than 10%. Planning around this transition — whether by restructuring income sources or evaluating IFICI eligibility for a new qualifying activity — is advisable well before year 10.

NHR Legacy vs IFICI

NHR LegacyIFICI (NHR 2.0)
New applicantsClosed since Jan 2024Open (from 2024)
EligibilityOpen to qualifying new residentsActivity-gated
PT-source income rate20% flat (HVA activities)20% flat
Foreign pensions (Cat. H)10% flatStandard progressive
Foreign income (Cat. A/B/E/F/G)Exempt under DTTExempt under DTT
Duration10 years10 years

The 10% foreign pension rate is the key advantage NHR Legacy holds over IFICI. Taxpayers who secured NHR status before 2024 and have foreign pension income should confirm they remain registered and track their remaining years carefully.