Portugal Weekly

Portugal Weekly

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Portugal Weekly
Portugal Weekly
Prime minister to scrap NHR tax status // Thousands march to demand right to housing // Youth face off in climate battle

Prime minister to scrap NHR tax status // Thousands march to demand right to housing // Youth face off in climate battle

Portuguese news in English on Tuesday, October 2, 2023.

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Jorge Branco
Oct 03, 2023
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Portugal Weekly
Portugal Weekly
Prime minister to scrap NHR tax status // Thousands march to demand right to housing // Youth face off in climate battle
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Prime minister to scrap NHR tax status

Prime minister António Costa has announced the non-habitual resident (NHR) tax will end from next year, CNN Portugal reports. In an interview with TVI, he said maintaining the scheme no longer made sense. The benefits apply to foreign residents for their first 10 years in the country, who benefit from a 20% tax rate…

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