Portugal a new “TAX HAVEN”

Nowadays, Portugal offers so many tax advantages that make this country so attractive to investers without being a tax haven.

Portugal has introduced recently measures in order to stimulate foreign investment,  like a special regime, similar to the Spanish one, but with so many benefits applicable to qualified workers named “high level investors”. Tax income and freelances will be taxable at 20%, furthermore foreign income, like for instance, interests, dividends could apply tax exemption.

However, investors have to fulfill some requirements that do not look very strict, they must live in the country for 183 days not being necessary to live in Portugal consecutively. If inverstors cannot fulfil these requirements will be enough to have a property in the country or move there to live permanently.

One of the most remarkable differences with the Spanish Special Regime is that taxpayer can benefit from this regime during 10 years.