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VERDADES DOS SANTOS JOÃO
Avocat /Advogado /European Lawyer
	
  
THE	
  PORTUGUESE	
  TAX	
  SYSTEM	
  FOR	
  NON-­‐HABITUAL	
  RESIDENTS	
  
	
  
	
  
General	
  framework	
  
	
  
The	
   Decree-­‐law	
   of	
   23	
   September	
   2009	
   created	
   the	
   status	
   of	
   non-­‐habitual	
   tax	
  
resident	
  both	
  for	
  non-­‐residents	
  who	
  plan	
  on	
  establishing	
  permanent	
  residency	
  in	
  
Portugal,	
  and	
  for	
  temporary	
  residents.	
  
	
  
(i) Beneficiaries:	
   Persons	
   who	
   become	
   tax	
   resident	
   in	
   Portugal	
   and	
   who,	
   in	
  
the	
  previous	
  5	
  years,	
  have	
  not	
  resided	
  in	
  Portugal.	
  	
  
	
  
(ii) Advantages:	
   Those	
   enjoying	
   non-­‐habitual	
   resident	
   status	
   benefit	
   from	
   a	
  
special	
   20%	
   tax	
   rate	
   on	
   certain	
   Portuguese	
   income	
   and	
   a	
   tax	
  
exemption	
  on	
  foreign	
  income.	
  	
  
	
  
(iii) Temporal	
   application:	
   A	
   taxpayer	
   who	
   is	
   deemed	
   to	
   be	
   non-­‐habitually	
  
resident	
   acquires	
   the	
   right	
   to	
   be	
   taxed	
   as	
   such	
   for	
   a	
   period	
   of	
   10	
   years	
  
consecutively	
   starting	
   from	
   the	
   year	
   of	
   registration	
   as	
   a	
   resident	
   in	
  
Portugal	
  (since	
  he	
  is	
  deemed,	
  over	
  this	
  period,	
  as	
  residing	
  in	
  Portugal).	
  
At	
   the	
   end	
   of	
   this	
   10-­‐year	
   period,	
   the	
   taxpayer	
   will	
   be	
   subject	
   to	
   tax	
   in	
  
line	
   with	
   the	
   traditional	
   income	
   tax	
   rules	
   applicable	
   to	
   Portuguese	
  
individuals	
   ("Imposto	
   sobre	
   o	
   Rendimento	
   das	
   pessoas	
   Singulares";	
  
"IRS").	
  
	
  
	
  
Qualifying	
  conditions	
  
	
  
To	
   benefit	
   from	
   the	
   scheme	
   applicable	
   to	
   non-­‐habitual	
   residents,	
   the	
   taxpayer	
  
must	
  cumulatively	
  meet	
  the	
  following	
  conditions:	
  
	
  
(i) he	
  becomes	
  resident	
  for	
  tax	
  purposes	
  in	
  Portugal,	
  in	
  accordance	
  with	
  the	
  
criteria	
  laid	
  down	
  in	
  the	
  IRS	
  Code;	
  	
  
	
  
(ii) he	
  has	
  not	
  resided	
  in	
  Portugal	
  in	
  the	
  5	
  years	
  before	
  registering	
  with	
  this	
  
scheme;	
  
	
  
(iii) when	
   registering	
   as	
   a	
   resident	
   in	
   Portugal,	
   he	
   requests	
   to	
   be	
  
registered	
  (with	
  the	
  tax	
  authorities)	
  as	
  a	
  non-­‐habitual	
  resident.	
  	
  
	
  
page/ página
LUXEMBOURG

PORTUGAL

1

Barreau de Luxembourg - Avocat exerçant sous leur titre professionnel d’origine
14, rue des Bains, L-1212 Luxembourg (Main Office)
Tel. +352-27858688 • Fax +352-462181 • joao.verdadesdossantos@barreau.lu
SKYPE : dr :verdades_dos_santos
Ordem dos Advogados de Portugal – Cédula n.º 44260L
Avenida António Augusto de Aguiar, 55- 2º Dt.º- 1050-017-Lisboa
Tel.+ 351 213188020 • Fax+ 351 213188029 • verdades_dos_santos-44260l@adv.oa.pt
VERDADES DOS SANTOS JOÃO
Avocat /Advogado /European Lawyer
	
  
Residency	
  for	
  tax	
  purposes	
  in	
  Portugal	
  
	
  
A	
  person	
  is	
  regarded	
  as	
  being	
  resident	
  for	
  tax	
  purposes	
  in	
  Portugal	
  where,	
  over	
  
the	
  course	
  of	
  a	
  calendar	
  year,	
  he	
  meets	
  one	
  of	
  the	
  following	
  conditions:	
  
	
  
(i) he	
  has	
  stayed	
  in	
  Portugal	
  for	
  more	
  than	
  183	
  days,	
  whether	
  consecutively	
  
or	
  not,	
  or	
  
	
  
(ii) on	
  31	
  December	
  of	
  that	
  year,	
  he	
  has	
  a	
  home	
  in	
  Portugal	
  under	
  conditions	
  
which	
  demonstrate	
  his	
  intention	
  to	
  maintain	
  it	
  and	
  reside	
  in	
  it	
  as	
  his	
  
place	
  of	
  habitual	
  residency;	
  or	
  
	
  
(iii) he	
   is	
   part	
   of	
   a	
   household	
   one	
   member	
   of	
   which	
   is	
   resident	
   for	
   tax	
  
purposes	
  in	
  Portugal.	
  	
  
	
  
	
  
Registration	
  
	
  
(i) At	
   the	
   time	
   of	
   registration,	
   taxpayers	
   will	
   be	
   required	
   to	
   declare	
   that,	
   in	
  
the	
  previous	
  five	
  years,	
  they	
  did	
  not	
  satisfy	
  the	
  conditions	
  to	
  become	
  
resident	
   in	
   Portugal	
   (according	
   to	
   Circular	
   No.	
   9/2012,	
   a	
   simple	
  
declaration	
  to	
  that	
  effect	
  is	
  sufficient).	
  	
  
	
  
(ii) If	
  there	
  is	
  any	
  doubt	
  or	
  evidence	
  that	
  that	
  declaration	
  is	
  not	
  truthful,	
  the	
  
tax	
  authority	
  may	
  request	
  additional	
  evidence.	
  	
  
	
  
(iii) In	
   that	
   case,	
   the	
   tax	
   authority	
   may	
   request	
   a	
   foreign	
   residency	
  
certificate	
   or	
   documents	
   attesting	
   to	
   the	
   existence	
   of	
   close	
   personal	
  
and	
  economic	
  ties	
  to	
  another	
  state.	
  	
  
	
  
Taxation	
  
	
  
	
  
Income	
  earned	
  in	
  Portugal	
  
	
  
(i) Income	
   in	
   Category	
   A	
   (income	
   from	
   employment)	
   and	
   B	
   (income	
   from	
  
entrepreneurial	
   and	
   professional	
   work)	
   of	
   the	
   IRS	
   are	
   subject	
   to	
   a	
  
special	
  tax	
  rate	
  of	
  20%,	
  provided	
  that	
  it	
  comes	
  from	
  high	
  added	
  value	
  
activities	
   -­‐	
   activities	
   which	
   are	
   defined	
   in	
   Order	
   No.	
  12/2010	
   of	
   7	
  
January	
  (see	
  Annex).	
  	
  
page/ página
LUXEMBOURG

PORTUGAL

2

Barreau de Luxembourg - Avocat exerçant sous leur titre professionnel d’origine
14, rue des Bains, L-1212 Luxembourg (Main Office)
Tel. +352-27858688 • Fax +352-462181 • joao.verdadesdossantos@barreau.lu
SKYPE : dr :verdades_dos_santos
Ordem dos Advogados de Portugal – Cédula n.º 44260L
Avenida António Augusto de Aguiar, 55- 2º Dt.º- 1050-017-Lisboa
Tel.+ 351 213188020 • Fax+ 351 213188029 • verdades_dos_santos-44260l@adv.oa.pt
VERDADES DOS SANTOS JOÃO
Avocat /Advogado /European Lawyer
	
  
(ii) Other	
  income	
  (included	
  in	
  other	
  categories	
  of	
  the	
  IRS)	
  are	
  subject	
  to	
  tax	
  
in	
   accordance	
   with	
   the	
   general	
   taxation	
   rules	
   applicable	
   to	
   habitual	
  
residents	
   and,	
   therefore,	
   subject	
   to	
   the	
   progressive	
   tax	
   rates	
  
applicable	
  to	
  Portuguese	
  income	
  (up	
  to	
  a	
  maximum	
  rate	
  of	
  46.5%,	
  in	
  
addition	
   to	
   which,	
   on	
   any	
   taxable	
   income	
   exceeding	
   €153,300,	
   a	
  
supplementary	
  tax	
  of	
  2.5%	
  will	
  be	
  imposed).	
  	
  
	
  
	
  
Income	
  earned	
  abroad	
  
	
  
(i) Elimination	
   of	
   international	
   double	
   taxation	
   through	
   the	
   application	
   of	
  
the	
   exemption	
   method:	
   if	
   certain	
   conditions	
   are	
   met,	
   income	
   earned	
  
abroad	
   will	
   not	
   be	
   taxed	
   in	
   Portugal	
   (it	
   will	
   however	
   be	
   counted	
   for	
  
accounting	
   purposes	
   together	
   with	
   income	
   earned	
   in	
   Portugal	
   which	
  
does	
  not	
  qualify	
  for	
  the	
  special	
  20%	
  rate	
  in	
  order	
  to	
  determine	
  which	
  
of	
  the	
  progressive	
  tax	
  rates	
  applies	
  to	
  the	
  total	
  income).	
  	
  
(ii) Circular	
   No.	
   2/2010	
   provides	
   that	
   income	
   in	
   categories	
   A	
   and	
   B	
   earned	
  
abroad,	
  to	
  which	
  the	
  exemption	
  method	
  does	
  not	
  apply	
  (because	
  they	
  
do	
   not	
   meet	
   the	
   qualifying	
   conditions)	
   are	
   to	
   be	
   taxed	
   at	
   the	
   special	
  
rate	
   of	
   20%	
   where	
   this	
   income	
   is	
   derived	
   from	
   a	
   high	
   added	
   value	
  
activity.	
  	
  
	
  
	
  
1. Conditions	
  governing	
  the	
  application	
  of	
  the	
  exemption	
  in	
  respect	
  of	
  
Category	
  A	
  income	
  (paid	
  work)	
  
	
  
It	
  is	
  sufficient	
  that	
  one	
  of	
  the	
  following	
  conditions	
  is	
  met:	
  
	
  
(i) such	
   income	
   is,	
   in	
   effect,	
   subject	
   to	
   tax	
   in	
   the	
   other	
   Contracting	
   State	
   in	
  
accordance	
  with	
  the	
  Convention	
  for	
  the	
  elimination	
  of	
  double	
  taxation	
  
entered	
  into	
  by	
  Portugal	
  with	
  that	
  state,	
  or	
  
	
  
(ii) where	
   no	
   such	
   convention	
   exists,	
   the	
   income	
   is,	
   in	
   effect,	
   taxed	
   in	
   the	
  
other	
   country,	
   territory	
   or	
   region,	
   provided	
   it	
   is	
   not	
   considered	
   as	
  
having	
  being	
  earned	
  in	
  Portugal	
  
	
  
If	
   such	
   income	
   is	
   not	
   taxed	
   in	
   the	
   source	
   State,	
   it	
   will	
   benefit	
   from	
   the	
  
preferential	
  20%	
  tax	
  rate.	
  	
  
	
  

page/ página
LUXEMBOURG

PORTUGAL

3

Barreau de Luxembourg - Avocat exerçant sous leur titre professionnel d’origine
14, rue des Bains, L-1212 Luxembourg (Main Office)
Tel. +352-27858688 • Fax +352-462181 • joao.verdadesdossantos@barreau.lu
SKYPE : dr :verdades_dos_santos
Ordem dos Advogados de Portugal – Cédula n.º 44260L
Avenida António Augusto de Aguiar, 55- 2º Dt.º- 1050-017-Lisboa
Tel.+ 351 213188020 • Fax+ 351 213188029 • verdades_dos_santos-44260l@adv.oa.pt
VERDADES DOS SANTOS JOÃO
Avocat /Advogado /European Lawyer
Note:	
   a	
   non-­‐habitual	
   resident	
   can	
   always	
   opt	
   for	
   the	
   tax	
   credit	
   method	
   to	
   be	
  
applied,	
  in	
  which	
  case	
  he	
  is	
  obliged	
  to	
  include	
  his	
  income	
  for	
  tax	
  purposes.	
  
	
  
	
  
2. Conditions	
  governing	
  the	
  application	
  of	
  the	
  exemption	
  in	
  respect	
  of	
  
category	
   B,	
   E,	
   F	
   or	
   G	
   income,	
   (professional	
   income,	
   entrepreneurial	
  
income,	
  income	
  from	
  land,	
  capital	
  income	
  and	
  capital	
  gains)	
  	
  
	
  
It	
  is	
  sufficient	
  that	
  one	
  of	
  the	
  following	
  conditions	
  is	
  met:	
  
	
  	
  
(i) such	
   income	
   is	
   liable	
   to	
   be	
   taxed	
   in	
   another	
   Contracting	
   State	
   in	
  
accordance	
  with	
  the	
  Convention	
  for	
  the	
  avoidance	
  of	
  double	
  taxation	
  
entered	
  into	
  by	
  Portugal	
  with	
  that	
  state;	
  	
  
	
  
(ii) where	
   no	
   such	
   convention	
   exists,	
   it	
   is	
   liable	
   to	
   be	
   taxed	
   in	
   the	
   other	
  
country,	
   territory	
   or	
   region,	
   according	
   to	
   the	
   OECD	
   Model	
   Tax	
  
Convention	
  on	
  Income	
  and	
  on	
  Capital,	
  provided	
  that	
  such	
  income	
  does	
  
not	
  come	
  from	
  a	
  territory	
  classified	
  as	
  a	
  tax	
  haven	
  by	
  Portugal	
  and	
  is	
  
not	
  considered	
  as	
  having	
  been	
  earned	
  in	
  Portugal.	
  	
  
	
  
It	
   is	
   not	
   necessary,	
   in	
   this	
   scenario,	
   that	
   such	
   income	
   is	
   actually	
   subject	
   to	
   tax	
  
abroad,	
  but	
  they	
  could	
  potentially	
  be.	
  
	
  
Where	
  income	
  is	
  not	
  taxed	
  by	
  the	
  source	
  State,	
  it	
  will	
  be	
  able,	
  however,	
  to	
  benefit	
  
from	
  the	
  preferential	
  tax	
  rate	
  of	
  20%.	
  
	
  
3. Conditions	
  governing	
  the	
  application	
  of	
  the	
  exemption	
  in	
  respect	
  of	
  
category	
  H	
  income	
  (pensions):	
  the	
  special	
  case	
  of	
  foreign	
  retirees	
  
	
  
It	
  is	
  sufficient	
  that	
  one	
  of	
  the	
  following	
  conditions	
  is	
  met:	
  
	
  
(i) such	
  income	
  is	
  taxed	
  in	
  the	
  other	
  Contracting	
  State	
  in	
  accordance	
  with	
  the	
  
Convention	
   for	
   the	
   avoidance	
   of	
   double	
   taxation	
   entered	
   into	
   by	
  
Portugal	
  with	
  that	
  state,	
  or	
  
	
  
(ii) it	
  is	
  not	
  considered	
  as	
  having	
  been	
  earned	
  in	
  Portugal.	
  
	
  
	
  
IMPORTANT:	
   This	
   scheme	
   appears	
   to	
   be	
   very	
   attractive	
   for	
   foreign	
   retirees	
  
whose	
  pensions	
  are	
  from	
  States	
  which,	
  under	
  the	
  Convention	
  for	
  the	
  avoidance	
  
of	
   double	
   taxation	
   entered	
   into	
   between	
   Portugal	
   and	
   the	
   state,	
   grant	
   the	
  
page/ página
LUXEMBOURG

PORTUGAL

4

Barreau de Luxembourg - Avocat exerçant sous leur titre professionnel d’origine
14, rue des Bains, L-1212 Luxembourg (Main Office)
Tel. +352-27858688 • Fax +352-462181 • joao.verdadesdossantos@barreau.lu
SKYPE : dr :verdades_dos_santos
Ordem dos Advogados de Portugal – Cédula n.º 44260L
Avenida António Augusto de Aguiar, 55- 2º Dt.º- 1050-017-Lisboa
Tel.+ 351 213188020 • Fax+ 351 213188029 • verdades_dos_santos-44260l@adv.oa.pt
VERDADES DOS SANTOS JOÃO
Avocat /Advogado /European Lawyer
exclusive	
  right	
  to	
  tax	
  pensions	
  to	
  the	
  state	
  in	
  which	
  the	
  pension	
  recipient	
  resides	
  
(e.g.	
  United	
  States,	
  Switzerland,	
  Luxembourg,	
  Malta,	
  Spain,	
  etc.)	
  →	
  Double	
  non-­‐
taxation,	
   namely,	
   the	
   income	
   is	
   not	
   subject	
   to	
   tax	
   in	
   the	
   source	
   state	
   and	
   is	
  
exempt	
  in	
  the	
  state	
  of	
  residency.	
  
	
  
In	
  practice,	
  this	
  device	
  can	
  often	
  result	
  in	
  the	
  income	
  not	
  being	
  subject	
  to	
  tax	
  in	
  
either	
   the	
   source	
   state	
   or	
   Portugal,	
   since	
   the	
   majority	
   of	
   tax	
   treaties	
   entered	
   into	
  
by	
   Portugal,	
   based	
   on	
   the	
   OECD	
   model,	
   provide	
   that,	
   in	
   respect	
   of	
   private	
  
pensions,	
  the	
  taxpayer	
  may	
  be	
  subject	
  to	
  tax	
  only	
  in	
  the	
  state	
  where	
  he	
  resides.	
  
Only	
  public	
  pensions	
  are,	
  in	
  principle,	
  subject	
  to	
  tax	
  exclusively	
  in	
  the	
  state	
  of	
  the	
  
paying	
  agency.	
  
	
  
Example:	
  The	
  tax	
  convention	
  between	
  France	
  and	
  Portugal	
  grants	
  the	
  exclusive	
  
right	
  to	
  tax	
  private	
  pensions	
  to	
  the	
  state	
  of	
  residency.	
  Persons	
  resident	
  for	
  more	
  
than	
  183	
  days	
  in	
  Portugal	
  who	
  were	
  not	
  resident	
  for	
  tax	
  purposes	
  in	
  Portugal	
   in	
  
the	
  previous	
  5	
  years	
  may	
  therefore	
  benefit	
  from	
  being	
  non-­‐habitual	
  resident	
  in	
  
Portugal.	
   In	
   these	
   circumstances,	
   private	
   pensions	
   from	
   France	
   will	
   not	
   be	
  
subject	
  to	
  tax	
  in	
  France	
  and	
  will,	
  moreover,	
  be	
  exempt	
  from	
  taxation	
  in	
  Portugal.	
  
	
  
	
  
ANNEX	
  
Order	
  No.	
  12/2010	
  high	
  added	
  value	
  activities	
  	
  
	
  
1	
  -­‐	
  Architects,	
  engineers	
  and	
  similar	
  technicians	
  
101	
  –	
  Architects;	
  
102	
  –	
  Engineers;	
  
103	
  –	
  Geologists.	
  
	
  
2	
  –	
  Artists,	
  actors	
  and	
  musicians:	
  
201	
  –	
  Theatre,	
  ballet,	
  cinema,	
  radio	
  and	
  television	
  performers;	
  	
  
202	
  –	
  Singers;	
  
203	
  –	
  Sculptors;	
  
204	
  –	
  Musicians;	
  
205	
  –	
  Painters.	
  
3	
  -­‐	
  Auditors:	
  
301	
  –	
  Auditors;	
  
302	
  –	
  Tax	
  Consultants.	
  
	
  
4	
  -­‐	
  Doctors	
  and	
  dentists:	
  
401	
  –	
  Dentists;	
  
402	
  –	
  Analysts;	
  
page/ página
LUXEMBOURG

PORTUGAL

5

Barreau de Luxembourg - Avocat exerçant sous leur titre professionnel d’origine
14, rue des Bains, L-1212 Luxembourg (Main Office)
Tel. +352-27858688 • Fax +352-462181 • joao.verdadesdossantos@barreau.lu
SKYPE : dr :verdades_dos_santos
Ordem dos Advogados de Portugal – Cédula n.º 44260L
Avenida António Augusto de Aguiar, 55- 2º Dt.º- 1050-017-Lisboa
Tel.+ 351 213188020 • Fax+ 351 213188029 • verdades_dos_santos-44260l@adv.oa.pt
VERDADES DOS SANTOS JOÃO
Avocat /Advogado /European Lawyer
403	
  –	
  Surgeons;	
  
404	
  –	
  Ship's	
  doctors;	
  	
  
405	
  –	
  GPs;	
  
406	
  –	
  Dentists;	
  
407	
  –	
  Stomatologists;	
  
408	
  –	
  Medical	
  physiotherapists;	
  
409	
  –	
  Gastroenterologists;	
  
410	
  –	
  Ophthalmologists;	
  
411	
  –	
  Orthopaedists;	
  
412	
  –	
  Otolaryngologists	
  (ENT);	
  	
  
413	
  –	
  Paediatricians;	
  
414	
  –	
  Radiologists;	
  
415	
  –	
  Doctors	
  specialised	
  in	
  other	
  areas.	
  
	
  
5	
  –	
  Teachers:	
  
	
  
501	
  –	
  University	
  professors.	
  
	
  
6	
  –	
  Psychologists:	
  
601	
  –	
  Psychologists.	
  
	
  
7	
  –	
  Liberal,	
  technical	
  and	
  related	
  professions:	
  	
  
	
  
701	
  –	
  Archaeologists;	
  
702	
  –	
  Biologists	
  and	
  experts	
  in	
  life	
  sciences;	
  
703	
  –	
  Computer	
  programmers;	
  
704	
  –	
  Computer	
  consultancy	
  and	
  programming	
  activities	
  related	
  to	
  information	
  
and	
  computer	
  technology;	
  
705	
  –	
  Computer	
  programming	
  activities;	
  
706	
  –	
  Information	
  technology	
  consultancy;	
  
707	
  –	
  Management	
  and	
  operation	
  of	
  computer	
  hardware;	
  
708	
  –	
  Information	
  services	
  activities;	
  
709	
  –	
  Data	
  processing,	
  hosting	
  and	
  related	
  activities;	
  web	
  portals;	
  	
  
710	
  –	
  Data	
  processing,	
  hosting	
  and	
  related	
  activities;	
  
711	
  –	
  Other	
  information	
  service	
  activities;	
  
712	
  –	
  Media	
  activities;	
  
713	
  –	
  Other	
  information	
  service	
  activities;	
  
714	
  –	
  Scientific	
  research	
  and	
  development;	
  
715	
  –	
  Research	
  and	
  development	
  related	
  to	
  natural	
  and	
  physical	
  sciences;	
  
716	
  –	
  Biotechnology	
  research	
  and	
  development;	
  
717	
  –	
  Designers.	
  
page/ página
LUXEMBOURG

PORTUGAL

6

Barreau de Luxembourg - Avocat exerçant sous leur titre professionnel d’origine
14, rue des Bains, L-1212 Luxembourg (Main Office)
Tel. +352-27858688 • Fax +352-462181 • joao.verdadesdossantos@barreau.lu
SKYPE : dr :verdades_dos_santos
Ordem dos Advogados de Portugal – Cédula n.º 44260L
Avenida António Augusto de Aguiar, 55- 2º Dt.º- 1050-017-Lisboa
Tel.+ 351 213188020 • Fax+ 351 213188029 • verdades_dos_santos-44260l@adv.oa.pt
VERDADES DOS SANTOS JOÃO
Avocat /Advogado /European Lawyer
	
  
8	
  –	
  Investors,	
  Managers	
  and	
  Administrators:	
  
	
  
801	
  –	
  Investors,	
  administrators	
  and	
  managers	
  who	
  foster	
  productive	
  investment,	
  
where	
   they	
   are	
   attached	
   to	
   projects	
   which	
   are	
   eligible,	
   and	
   employed	
   under	
  
contracts	
  which	
  confer	
  tax	
  benefits	
  entered	
  into	
  in	
  accordance	
  with	
  the	
  General	
  
Tax	
  Code,	
  approved	
  by	
  Decree-­‐Law	
  No.	
  249/2009	
  of	
  23	
  September;	
  
802	
  –	
  Senior	
  business	
  executives.	
  
	
  
	
  
	
  
	
  
	
  
	
  
	
  
	
  
	
  
	
  
	
  
	
  
	
  
	
  
	
  
	
  
	
  
	
  
	
  
	
  
	
  
	
  
	
  
Warning:	
  	
  
The	
   information	
   contained	
   herein	
   is	
   of	
   general	
   nature	
   and	
   is	
   not	
   intended	
   to	
  
address	
   the	
   circumstances	
   of	
   any	
   particular	
   individual	
   or	
   entity.	
   Although	
   I	
  
endeavour	
   to	
   provide	
   accurate	
   and	
   timely	
   information,	
   there	
   can	
   be	
   no	
  
guarantee	
   that	
   such	
   information	
   is	
   accurate	
   as	
   of	
   the	
   date	
   it	
   is	
   received	
   or	
   that	
   it	
  
will	
   continue	
   to	
   be	
   accurate	
   in	
   the	
   future.	
   No	
   one	
   should	
   act	
   upon	
   such	
  
information	
   without	
   appropriate	
   advice	
   after	
   a	
   thorough	
   examination	
   of	
   the	
  
particular	
   situation.	
   Therefore,	
   VERDADES	
   DOS	
   SANTOS	
   (Lawyer)	
   cannot	
   accept	
  
any	
   liability	
   for	
   any	
   errors,	
   omissions	
   or	
   opinions	
   contained	
   herein	
   and	
   for	
   the	
  
implementation	
  of	
  the	
  principles	
  set	
  out	
  without	
  its	
  active	
  involvement.	
  
page/ página
LUXEMBOURG

PORTUGAL

7

Barreau de Luxembourg - Avocat exerçant sous leur titre professionnel d’origine
14, rue des Bains, L-1212 Luxembourg (Main Office)
Tel. +352-27858688 • Fax +352-462181 • joao.verdadesdossantos@barreau.lu
SKYPE : dr :verdades_dos_santos
Ordem dos Advogados de Portugal – Cédula n.º 44260L
Avenida António Augusto de Aguiar, 55- 2º Dt.º- 1050-017-Lisboa
Tel.+ 351 213188020 • Fax+ 351 213188029 • verdades_dos_santos-44260l@adv.oa.pt

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Portuguese non habitual tax regime

  • 1. VERDADES DOS SANTOS JOÃO Avocat /Advogado /European Lawyer   THE  PORTUGUESE  TAX  SYSTEM  FOR  NON-­‐HABITUAL  RESIDENTS       General  framework     The   Decree-­‐law   of   23   September   2009   created   the   status   of   non-­‐habitual   tax   resident  both  for  non-­‐residents  who  plan  on  establishing  permanent  residency  in   Portugal,  and  for  temporary  residents.     (i) Beneficiaries:   Persons   who   become   tax   resident   in   Portugal   and   who,   in   the  previous  5  years,  have  not  resided  in  Portugal.       (ii) Advantages:   Those   enjoying   non-­‐habitual   resident   status   benefit   from   a   special   20%   tax   rate   on   certain   Portuguese   income   and   a   tax   exemption  on  foreign  income.       (iii) Temporal   application:   A   taxpayer   who   is   deemed   to   be   non-­‐habitually   resident   acquires   the   right   to   be   taxed   as   such   for   a   period   of   10   years   consecutively   starting   from   the   year   of   registration   as   a   resident   in   Portugal  (since  he  is  deemed,  over  this  period,  as  residing  in  Portugal).   At   the   end   of   this   10-­‐year   period,   the   taxpayer   will   be   subject   to   tax   in   line   with   the   traditional   income   tax   rules   applicable   to   Portuguese   individuals   ("Imposto   sobre   o   Rendimento   das   pessoas   Singulares";   "IRS").       Qualifying  conditions     To   benefit   from   the   scheme   applicable   to   non-­‐habitual   residents,   the   taxpayer   must  cumulatively  meet  the  following  conditions:     (i) he  becomes  resident  for  tax  purposes  in  Portugal,  in  accordance  with  the   criteria  laid  down  in  the  IRS  Code;       (ii) he  has  not  resided  in  Portugal  in  the  5  years  before  registering  with  this   scheme;     (iii) when   registering   as   a   resident   in   Portugal,   he   requests   to   be   registered  (with  the  tax  authorities)  as  a  non-­‐habitual  resident.       page/ página LUXEMBOURG PORTUGAL 1 Barreau de Luxembourg - Avocat exerçant sous leur titre professionnel d’origine 14, rue des Bains, L-1212 Luxembourg (Main Office) Tel. +352-27858688 • Fax +352-462181 • joao.verdadesdossantos@barreau.lu SKYPE : dr :verdades_dos_santos Ordem dos Advogados de Portugal – Cédula n.º 44260L Avenida António Augusto de Aguiar, 55- 2º Dt.º- 1050-017-Lisboa Tel.+ 351 213188020 • Fax+ 351 213188029 • verdades_dos_santos-44260l@adv.oa.pt
  • 2. VERDADES DOS SANTOS JOÃO Avocat /Advogado /European Lawyer   Residency  for  tax  purposes  in  Portugal     A  person  is  regarded  as  being  resident  for  tax  purposes  in  Portugal  where,  over   the  course  of  a  calendar  year,  he  meets  one  of  the  following  conditions:     (i) he  has  stayed  in  Portugal  for  more  than  183  days,  whether  consecutively   or  not,  or     (ii) on  31  December  of  that  year,  he  has  a  home  in  Portugal  under  conditions   which  demonstrate  his  intention  to  maintain  it  and  reside  in  it  as  his   place  of  habitual  residency;  or     (iii) he   is   part   of   a   household   one   member   of   which   is   resident   for   tax   purposes  in  Portugal.         Registration     (i) At   the   time   of   registration,   taxpayers   will   be   required   to   declare   that,   in   the  previous  five  years,  they  did  not  satisfy  the  conditions  to  become   resident   in   Portugal   (according   to   Circular   No.   9/2012,   a   simple   declaration  to  that  effect  is  sufficient).       (ii) If  there  is  any  doubt  or  evidence  that  that  declaration  is  not  truthful,  the   tax  authority  may  request  additional  evidence.       (iii) In   that   case,   the   tax   authority   may   request   a   foreign   residency   certificate   or   documents   attesting   to   the   existence   of   close   personal   and  economic  ties  to  another  state.       Taxation       Income  earned  in  Portugal     (i) Income   in   Category   A   (income   from   employment)   and   B   (income   from   entrepreneurial   and   professional   work)   of   the   IRS   are   subject   to   a   special  tax  rate  of  20%,  provided  that  it  comes  from  high  added  value   activities   -­‐   activities   which   are   defined   in   Order   No.  12/2010   of   7   January  (see  Annex).     page/ página LUXEMBOURG PORTUGAL 2 Barreau de Luxembourg - Avocat exerçant sous leur titre professionnel d’origine 14, rue des Bains, L-1212 Luxembourg (Main Office) Tel. +352-27858688 • Fax +352-462181 • joao.verdadesdossantos@barreau.lu SKYPE : dr :verdades_dos_santos Ordem dos Advogados de Portugal – Cédula n.º 44260L Avenida António Augusto de Aguiar, 55- 2º Dt.º- 1050-017-Lisboa Tel.+ 351 213188020 • Fax+ 351 213188029 • verdades_dos_santos-44260l@adv.oa.pt
  • 3. VERDADES DOS SANTOS JOÃO Avocat /Advogado /European Lawyer   (ii) Other  income  (included  in  other  categories  of  the  IRS)  are  subject  to  tax   in   accordance   with   the   general   taxation   rules   applicable   to   habitual   residents   and,   therefore,   subject   to   the   progressive   tax   rates   applicable  to  Portuguese  income  (up  to  a  maximum  rate  of  46.5%,  in   addition   to   which,   on   any   taxable   income   exceeding   €153,300,   a   supplementary  tax  of  2.5%  will  be  imposed).         Income  earned  abroad     (i) Elimination   of   international   double   taxation   through   the   application   of   the   exemption   method:   if   certain   conditions   are   met,   income   earned   abroad   will   not   be   taxed   in   Portugal   (it   will   however   be   counted   for   accounting   purposes   together   with   income   earned   in   Portugal   which   does  not  qualify  for  the  special  20%  rate  in  order  to  determine  which   of  the  progressive  tax  rates  applies  to  the  total  income).     (ii) Circular   No.   2/2010   provides   that   income   in   categories   A   and   B   earned   abroad,  to  which  the  exemption  method  does  not  apply  (because  they   do   not   meet   the   qualifying   conditions)   are   to   be   taxed   at   the   special   rate   of   20%   where   this   income   is   derived   from   a   high   added   value   activity.         1. Conditions  governing  the  application  of  the  exemption  in  respect  of   Category  A  income  (paid  work)     It  is  sufficient  that  one  of  the  following  conditions  is  met:     (i) such   income   is,   in   effect,   subject   to   tax   in   the   other   Contracting   State   in   accordance  with  the  Convention  for  the  elimination  of  double  taxation   entered  into  by  Portugal  with  that  state,  or     (ii) where   no   such   convention   exists,   the   income   is,   in   effect,   taxed   in   the   other   country,   territory   or   region,   provided   it   is   not   considered   as   having  being  earned  in  Portugal     If   such   income   is   not   taxed   in   the   source   State,   it   will   benefit   from   the   preferential  20%  tax  rate.       page/ página LUXEMBOURG PORTUGAL 3 Barreau de Luxembourg - Avocat exerçant sous leur titre professionnel d’origine 14, rue des Bains, L-1212 Luxembourg (Main Office) Tel. +352-27858688 • Fax +352-462181 • joao.verdadesdossantos@barreau.lu SKYPE : dr :verdades_dos_santos Ordem dos Advogados de Portugal – Cédula n.º 44260L Avenida António Augusto de Aguiar, 55- 2º Dt.º- 1050-017-Lisboa Tel.+ 351 213188020 • Fax+ 351 213188029 • verdades_dos_santos-44260l@adv.oa.pt
  • 4. VERDADES DOS SANTOS JOÃO Avocat /Advogado /European Lawyer Note:   a   non-­‐habitual   resident   can   always   opt   for   the   tax   credit   method   to   be   applied,  in  which  case  he  is  obliged  to  include  his  income  for  tax  purposes.       2. Conditions  governing  the  application  of  the  exemption  in  respect  of   category   B,   E,   F   or   G   income,   (professional   income,   entrepreneurial   income,  income  from  land,  capital  income  and  capital  gains)       It  is  sufficient  that  one  of  the  following  conditions  is  met:       (i) such   income   is   liable   to   be   taxed   in   another   Contracting   State   in   accordance  with  the  Convention  for  the  avoidance  of  double  taxation   entered  into  by  Portugal  with  that  state;       (ii) where   no   such   convention   exists,   it   is   liable   to   be   taxed   in   the   other   country,   territory   or   region,   according   to   the   OECD   Model   Tax   Convention  on  Income  and  on  Capital,  provided  that  such  income  does   not  come  from  a  territory  classified  as  a  tax  haven  by  Portugal  and  is   not  considered  as  having  been  earned  in  Portugal.       It   is   not   necessary,   in   this   scenario,   that   such   income   is   actually   subject   to   tax   abroad,  but  they  could  potentially  be.     Where  income  is  not  taxed  by  the  source  State,  it  will  be  able,  however,  to  benefit   from  the  preferential  tax  rate  of  20%.     3. Conditions  governing  the  application  of  the  exemption  in  respect  of   category  H  income  (pensions):  the  special  case  of  foreign  retirees     It  is  sufficient  that  one  of  the  following  conditions  is  met:     (i) such  income  is  taxed  in  the  other  Contracting  State  in  accordance  with  the   Convention   for   the   avoidance   of   double   taxation   entered   into   by   Portugal  with  that  state,  or     (ii) it  is  not  considered  as  having  been  earned  in  Portugal.       IMPORTANT:   This   scheme   appears   to   be   very   attractive   for   foreign   retirees   whose  pensions  are  from  States  which,  under  the  Convention  for  the  avoidance   of   double   taxation   entered   into   between   Portugal   and   the   state,   grant   the   page/ página LUXEMBOURG PORTUGAL 4 Barreau de Luxembourg - Avocat exerçant sous leur titre professionnel d’origine 14, rue des Bains, L-1212 Luxembourg (Main Office) Tel. +352-27858688 • Fax +352-462181 • joao.verdadesdossantos@barreau.lu SKYPE : dr :verdades_dos_santos Ordem dos Advogados de Portugal – Cédula n.º 44260L Avenida António Augusto de Aguiar, 55- 2º Dt.º- 1050-017-Lisboa Tel.+ 351 213188020 • Fax+ 351 213188029 • verdades_dos_santos-44260l@adv.oa.pt
  • 5. VERDADES DOS SANTOS JOÃO Avocat /Advogado /European Lawyer exclusive  right  to  tax  pensions  to  the  state  in  which  the  pension  recipient  resides   (e.g.  United  States,  Switzerland,  Luxembourg,  Malta,  Spain,  etc.)  →  Double  non-­‐ taxation,   namely,   the   income   is   not   subject   to   tax   in   the   source   state   and   is   exempt  in  the  state  of  residency.     In  practice,  this  device  can  often  result  in  the  income  not  being  subject  to  tax  in   either   the   source   state   or   Portugal,   since   the   majority   of   tax   treaties   entered   into   by   Portugal,   based   on   the   OECD   model,   provide   that,   in   respect   of   private   pensions,  the  taxpayer  may  be  subject  to  tax  only  in  the  state  where  he  resides.   Only  public  pensions  are,  in  principle,  subject  to  tax  exclusively  in  the  state  of  the   paying  agency.     Example:  The  tax  convention  between  France  and  Portugal  grants  the  exclusive   right  to  tax  private  pensions  to  the  state  of  residency.  Persons  resident  for  more   than  183  days  in  Portugal  who  were  not  resident  for  tax  purposes  in  Portugal   in   the  previous  5  years  may  therefore  benefit  from  being  non-­‐habitual  resident  in   Portugal.   In   these   circumstances,   private   pensions   from   France   will   not   be   subject  to  tax  in  France  and  will,  moreover,  be  exempt  from  taxation  in  Portugal.       ANNEX   Order  No.  12/2010  high  added  value  activities       1  -­‐  Architects,  engineers  and  similar  technicians   101  –  Architects;   102  –  Engineers;   103  –  Geologists.     2  –  Artists,  actors  and  musicians:   201  –  Theatre,  ballet,  cinema,  radio  and  television  performers;     202  –  Singers;   203  –  Sculptors;   204  –  Musicians;   205  –  Painters.   3  -­‐  Auditors:   301  –  Auditors;   302  –  Tax  Consultants.     4  -­‐  Doctors  and  dentists:   401  –  Dentists;   402  –  Analysts;   page/ página LUXEMBOURG PORTUGAL 5 Barreau de Luxembourg - Avocat exerçant sous leur titre professionnel d’origine 14, rue des Bains, L-1212 Luxembourg (Main Office) Tel. +352-27858688 • Fax +352-462181 • joao.verdadesdossantos@barreau.lu SKYPE : dr :verdades_dos_santos Ordem dos Advogados de Portugal – Cédula n.º 44260L Avenida António Augusto de Aguiar, 55- 2º Dt.º- 1050-017-Lisboa Tel.+ 351 213188020 • Fax+ 351 213188029 • verdades_dos_santos-44260l@adv.oa.pt
  • 6. VERDADES DOS SANTOS JOÃO Avocat /Advogado /European Lawyer 403  –  Surgeons;   404  –  Ship's  doctors;     405  –  GPs;   406  –  Dentists;   407  –  Stomatologists;   408  –  Medical  physiotherapists;   409  –  Gastroenterologists;   410  –  Ophthalmologists;   411  –  Orthopaedists;   412  –  Otolaryngologists  (ENT);     413  –  Paediatricians;   414  –  Radiologists;   415  –  Doctors  specialised  in  other  areas.     5  –  Teachers:     501  –  University  professors.     6  –  Psychologists:   601  –  Psychologists.     7  –  Liberal,  technical  and  related  professions:       701  –  Archaeologists;   702  –  Biologists  and  experts  in  life  sciences;   703  –  Computer  programmers;   704  –  Computer  consultancy  and  programming  activities  related  to  information   and  computer  technology;   705  –  Computer  programming  activities;   706  –  Information  technology  consultancy;   707  –  Management  and  operation  of  computer  hardware;   708  –  Information  services  activities;   709  –  Data  processing,  hosting  and  related  activities;  web  portals;     710  –  Data  processing,  hosting  and  related  activities;   711  –  Other  information  service  activities;   712  –  Media  activities;   713  –  Other  information  service  activities;   714  –  Scientific  research  and  development;   715  –  Research  and  development  related  to  natural  and  physical  sciences;   716  –  Biotechnology  research  and  development;   717  –  Designers.   page/ página LUXEMBOURG PORTUGAL 6 Barreau de Luxembourg - Avocat exerçant sous leur titre professionnel d’origine 14, rue des Bains, L-1212 Luxembourg (Main Office) Tel. +352-27858688 • Fax +352-462181 • joao.verdadesdossantos@barreau.lu SKYPE : dr :verdades_dos_santos Ordem dos Advogados de Portugal – Cédula n.º 44260L Avenida António Augusto de Aguiar, 55- 2º Dt.º- 1050-017-Lisboa Tel.+ 351 213188020 • Fax+ 351 213188029 • verdades_dos_santos-44260l@adv.oa.pt
  • 7. VERDADES DOS SANTOS JOÃO Avocat /Advogado /European Lawyer   8  –  Investors,  Managers  and  Administrators:     801  –  Investors,  administrators  and  managers  who  foster  productive  investment,   where   they   are   attached   to   projects   which   are   eligible,   and   employed   under   contracts  which  confer  tax  benefits  entered  into  in  accordance  with  the  General   Tax  Code,  approved  by  Decree-­‐Law  No.  249/2009  of  23  September;   802  –  Senior  business  executives.                                                 Warning:     The   information   contained   herein   is   of   general   nature   and   is   not   intended   to   address   the   circumstances   of   any   particular   individual   or   entity.   Although   I   endeavour   to   provide   accurate   and   timely   information,   there   can   be   no   guarantee   that   such   information   is   accurate   as   of   the   date   it   is   received   or   that   it   will   continue   to   be   accurate   in   the   future.   No   one   should   act   upon   such   information   without   appropriate   advice   after   a   thorough   examination   of   the   particular   situation.   Therefore,   VERDADES   DOS   SANTOS   (Lawyer)   cannot   accept   any   liability   for   any   errors,   omissions   or   opinions   contained   herein   and   for   the   implementation  of  the  principles  set  out  without  its  active  involvement.   page/ página LUXEMBOURG PORTUGAL 7 Barreau de Luxembourg - Avocat exerçant sous leur titre professionnel d’origine 14, rue des Bains, L-1212 Luxembourg (Main Office) Tel. +352-27858688 • Fax +352-462181 • joao.verdadesdossantos@barreau.lu SKYPE : dr :verdades_dos_santos Ordem dos Advogados de Portugal – Cédula n.º 44260L Avenida António Augusto de Aguiar, 55- 2º Dt.º- 1050-017-Lisboa Tel.+ 351 213188020 • Fax+ 351 213188029 • verdades_dos_santos-44260l@adv.oa.pt