Non Habitual Residence (NHR) Portugal tax regime for expats (2021) скачать в хорошем качестве

Non Habitual Residence (NHR) Portugal tax regime for expats (2021)

IMPORTANT – PLEASE READ REGARDING THIS CHANNEL The content on this channel is for educational and information purposes only. It should not be relied on as advice, and you should always take qualified advice before making any changes to your personal position. Whilst I have experience in the financial and tax industry, this channel is for recreational purposes and is not an advertisement for my business or services. Its purpose is to share quality information. Whilst every care is taken as to the accuracy of the information in these videos, the information provided is based on the understanding of the rules at the time, and rules can change with little or no notice. Whilst I cover a wide range of issues on the channel, in my professional role I specialise in tax efficient investments, UK and overseas pensions, estate planning, and wealth management for expatriates based in Portugal. Unfortunately, I do not offer visa or tax return services, nor can I assist US nationals. Thank you for your support and understanding. I hope to continue to provide you with valuable information to help you with your life in Portugal. If you have any suggestions for content you would like to hear, please let me know UPDATED VIDEO 2023 AVAILABLE -    • Non Habitual Residence (NHR) explained - u...   The Non Habitual Residence program is a 10 year tax incentivised scheme. The scheme was introduced in 2008 and has been a great success in attracting new residents to the country. It may be possible, with correct structuring, to live here tax free. The NHR tax regime offers the following; • 20% flat rate for Portuguese employment and self employment income from ‘high value activities’ – please see list below • 0% Employment income from outside Portugal is not subject to taxation in Portugal if it is taxed in the source country; • 0% Self-employment income from a high-value activity sourced outside Portugal is not subject to taxation in Portugal, provided that income may be taxed (even if not effectively subject to taxation) in the source country under a double taxation treaty (DTT) signed between Portugal and that country; and • 0% tax on foreign dividends, interest and rent are exempt in Portugal if they may be taxed in the source country. If taxed in the source countries the tax so charged shall not exceed the reduced rates established in the tax treaties, usually of 5%, 10% or 15% • 10% flat rate of tax on foreign pensions • 0% CGT if may be taxed according to the DTT There is no specific provision under the NHR scheme covering crypto gains, but by becoming NHR you are able to take advantage of Portugal's tax free gains on crypto assets. Please see a link to my video on crypto currencies and tax in Portugal.    • Tax free crypto: how Portugal cryptocurren...   NHR and visas People are sometimes confused between residency, tax residency, legal residency, NHR and visas. For example, some people have asked me: "should I apply for the Golden Visa or NHR?" and I explain to them that they are not alternatives - the NHR is a special status of resident that you can apply for AFTER you have gone through the Golden Visa, D7 visa, D2 visa etc. process. So the visa is a ROUTE to NHR status. The process is very simple in this order: 1. Establish residency, either by using your EU citizen status OR by applying for a visa (covered in this video -    • The difference between tax residency and l...   ) 2. It may be that you need to go down one of the visa route to establish residency (see this video -    • Portugal residency visas explained: D7 vis...   ) 3. When you have established residency, then you are able to apply for Non Habitual Residence status (see this video for more information -    • Non Habitual Residence (NHR) Portugal tax ...   ) #nonhabitualresidence #NHR #d7visa #goldenvisa #movingtoportugal