APPLYING FOR THE NON HABITUAL RESIDENCY PROGRAMME IN PORTUGAL’S CLEAN&SAFE ENVIRONMENT IN PARTNERSHIP WITH THE PORTUGUESE CHAMBER OF COMMERCE IN UK 04.08.2020 11AM
ABOUT EDGE INTERNATIONAL LAWYERS nonhabitualresidents.com § Full service international law firm with over 30 years of experience with foreign investors and their investments Departments: § One of the pioneering and leading firms in the Non Habitual Corporate & Commercial Foreign Investment Residency and Golden Visa programmes, also with expertise in areas such as real estate, corporate and commercial, company and tax, estate planning and litigation Property & Tourism Residency by Investment § Provides legal support to clients globally and also specializes in advising Boutique Private Clients International Estate Planning & Probate § With tailored solutions for British and British resident clients Litigation Fiscal & Tax Planning Employment Contracts & Notary
PORTUGUESE LIFESTYLE HUB nonhabitualresidents.com
WHY IS PORTUGAL TRENDING? nonhabitualresidents.com § Wide variety of destinations “Portugal at the top of the with an increasing multifaceted list of countries to live and nature across all generations retire overseas post COVID-19” § Beach and Golf Destination § Historical Destination “Top 3 Safest Countries In The World For 2020” § Wine Destination § Music Festival Destination § Surf Destination “7th Most Democratic Country In The World” § Nature Destination § City Breaks
#POSTCOVIDWORLD nonhabitualresidents.com § PORTUGUESE HEALTH PASSPORT Ø The Portugal Health Passport provides a package of healthcare services for tourists developed with and promoted by The Portuguese Tourist Board Ø For a fixed price, easy access to high-quality care at all participating hospitals: CUF, Hospital da Luz, HPA Saúde and Lusíadas § CLEAN&SAFE CAMPAIGN: Ø The Portuguese Tourist Board created a “Clean and Safe” stamp of approval to distinguish tourist activities which are compliant with hygiene and cleaning requirements for the prevention and control of COVID-19 and other possible infections
NON HABITUAL RESIDENCY PROGRAMME nonhabitualresidents.com Regime introduced in 2009 to attract individuals and • their families by making it beneficial from a tax perspective to become a Portuguese tax resident Requirements to benefit from the NHR status are: • Become a Portuguese Tax Resident NHR status can be maintained for 10 years and can • • Not having been a Portuguese tax resident in result in Pensions, Dividends, Interest, Royalties and the previous 5 years Professional Income, originated in a non-Portuguese source being exempt from, or being subject to a preferential rate of, personal income tax
NON HABITUAL RESIDENCY PROGRAMME nonhabitualresidents.com Successful applicants will be exempt from personal income tax on qualifying • income , if it could be subject to tax in the country of source (even if not effectively taxed) under an existing Double Taxation Treaty (DTT) If no DTT exists , it will be exempt if it could be subject to tax in another • jurisdiction and is not considered as Portuguese source income under domestic rules Special flat rate of 20% applicable for certain types of income arising from • highly qualified activities
HOW TO BECOME A PORTUGUESE TAX RESIDENT? nonhabitualresidents.com REQUIREMENTS HOW TO SATISFY THE REQUIREMENTS • In order to become a Portuguese Tax Resident, you need to By declaration and delivering : spend 183 days in Portugal • Proof of address (Rental Contract, Deed of Purchase) OR • Residency Permit • Your Portuguese Address must be your main address worldwide
NHR IN A POST PANDEMIC WORLD nonhabitualresidents.com NIF TAX RESIDENCY RIGHT TO RESIDE EDGE continues to be able to EDGE continues to be able to EDGE continues to be able to obtain Non- assist in obtaining EU Residency register clients as new Portuguese Resident Tax Numbers ( NIF ) for our Certificates after: Tax Residents : Clients: A rental contract is secured or • Registration with Power of ü With appointments on local tax ü a property purchased Attorney of appointment at Departments by our Legal and By scheduling an appointment • the local Tax Departments Administrative Staff at your local Town Hall Electronic Registration ü By submitting online request ü Note: EDGE also assists with residencies of Non EU citizens NHR APPLICATION NHR STATUS GRANTED EDGE continues to facilitate registration of clients as NHR : Electronic Application ü Registration by way of a password requested upon ü obtaining Non Resident Tax Number and send to our Office
OUR CONTACTS nonhabitualresidents.com Geoffrey Graham E-mail: ggraham@edge-il.com International Department E-mail: international@edge-il.com For more information regarding the NHR regime please visit us at www.nonhabitualresidents.com or www.edge-il.com
WORLDWIDE nonhabitualresidents.com Lisbon Porto UK Praça Duque de Saldanha, 1 Avenida da Boavista, 722 Edif. Atrium Saldanha, 7thfloor Edif. Boavista Prime, 3.2 1050 – 094 Lisbon, Portugal 4100 – 111 Porto,Portugal P P. (+351) 21 319 12 90 I F. (+351)21 352 76 19 P. (+351) 22 324 19 59 I F. (+351) 21 352 76 19 info@edge-il.com porto@edge-il.com Algarve - Lagos Algarve - Almancil Rua Dr. José Francisco TelloQueiroz Avenida José dos Santos Farias,137-A Lote 3, Loja R 8135-167 Almancil, Portugal 8600 - 707 Lagos, Portugal P. (+351) 289 895 420 I F. (+351) 289 895 429 LX P. (+351) 282 038 678 I F. (+351) 282 038 678 algarve@edge-il.com algarve@edge-il.com London Cape Verde 33 Cavendish Square Po Box 138, Ed. Garantia, 1º F LG A London W1G 0PW Av. Amilcar Cabral, United Kingdom Santa Maria, Sal, Cape Verde P. (+44) 203 875 17 96 P. (+238) 242 20 61 I F. (+238) 242 12 62 info-uk@edge-il.com info-cv@edge-il.com CV
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