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What is NHR, or Non-Habitual Residency, in Portugal? It was created in 2009, and in 2021 it also became available for non-Portuguese residents. It has many benefits: 1. Tax benefits are granted to Non-Habitual Residents for a period of 10 years 2. No inheritance tax in Portugal for direct family members (this is not NHR specific but still makes the system attractive) 3. Taxation of only 10% in pensions obtained and paid abroad 4. Exemption from taxation in Portugal and from income from foreign sources if it is able to be taxed abroad 5. Taxation at a flat rate of 20% for income obtained from a Portuguese source See more about conditions, misconceptions and updated rules in this video. If you need some more information or are looking for advice, don’t hesitate to ask me in a comment down below. Follow me: IG: alexandra_victoria_bonte FB: Alexandra Victoria Bonte MAIL: [email protected] And don't forget to click the SUBSCRIBE button, I upload new videos about luxury life and real estate in Portugal every week! A.V.B. *DISCLAIMER: Any information on tax regimes available at this channel is intended for general guidance only and must not be considered a substitute for advice provided by a professional lawyer or tax expert.