The Portuguese tax system provides incentives for expats, startups, investors, and R&D, which makes it one of the most attractive countries for setting up innovative and disruptive businesses.
According to the Portuguese tax authority, the non-habitual tax resident program aims to attract new residents to invest and live in Portugal, and offers the following advantages:
- A flat income tax rate of 20% for ten consecutive years
- Tax exemption on rental, investment income and capital gains from abroad
- Tax exemption on pensions obtained from abroad