NHR for digital nomads
NHR for digital nomads
NHR is a special taxation regime that is available under certain eligibility criteria to expats that recently moved to Portugal. This status grants certain tax exemptions and privileges over a 10 year period.
We offer a registration service where our legal team will prepare and submit your application for NHR status. Lawyers of E-residence will save months of your time and large amount of money spent on legal fees!
0% tax on crypto
In Portugal cryptocurrency is considered as any other currency, so your gains will not be a subject to tax
0% tax on dividends
Foreign sourced dividends are taxed at 0%
0% tax on wealth
Portugal has 0% wealth tax, unlike other European countries
0% tax on foreign income
As determined by the applicable Tax Treaty or the OECD model tax convention, if no Tax Treaty is in force between Portugal and the country of source
20% tax on self-employment
Self employment (freelance) and employment considered as high value professions are taxed at 20%
No minimum stay requirement
There is no minimum stay requirement for EU citizens, if they have a rented or owned place to live
Fast track to an EU passport
After 5 years of living in Portugal, you can apply for Portuguese citizenship
Remote worker friendly & affordable
Median rent in Lisbon is €700/mo which is 63% lower than the median rent in Europe. Food and other expenses are also much cheaper
How can you apply for NHR status online?
You will need to provide:
- EU passport
- proof of fiscal address in Portugal (your own residential property or rent contract registered in Tax Authorities of Portugal)
- NIF – portuguese tax identification number ( if you don’t have it yet, apply here)
- bank statement for EUR 9500 minimum (subsistence minimum x 12 months) relevant for the day of appointment (1-2 days before)
Service includes: request for NHR status, support from our legal department throughout the process.
The price of this service is €500
Additional options: registration as a tax resident of Portugal, provision of fiscal address for 1 year with mail forwarding
As a part of its effort to attract foreigners, Portugal introduced the “Non Habitual Residency” tax regime which is commonly referred to as simply NHR. This regime encompasses a number of tax exemptions and privileges and its main aim is to provide an opportunity to optimise taxes for certain groups of people.
Currently with NHR in Portugal it is very convenient to trade and receive benefits from cryptocurrencies. Did you know that you may be 100% exempt from paying capital gain taxes on any crypto related gains?
Generally speaking, most foreign-source income is tax exempt in Portugal, however there are conditions that must be met in order for this to apply.
In order to register as NHR, you need to have a NIF (no worries if you don’t have one, as you can always apply through our platform), and a permit to stay legally in Portugal (EU citizenship or Portuguese residency). You will also need to provide us with access to "portal das finanças", in order for a member of our legal team to change your fiscal status (you can change the password after we are done with your application).
Once you fill out your application and pay the fee, our legal team will complete the procedure to request the NHR status for you. On average it takes 2-3 weeks to handle this request.
Basically speaking, the NHR allows you to optimise your tax payouts and greatly reduce what you owe in taxes to the government. Even though it sounds sketchy, but this is a completely legal regime that functions according to all tax laws and it is globally renowned and accepted.