If you’re a digital nomad looking for a tax-friendly country to work remotely from, Portugal might just be the perfect choice for you. In Portugal, as a digital nomad, you may be able to pay 0% tax on your worldwide income, making it an attractive destination for those looking to minimize their tax burden.
In recent years, Portugal has been actively working to attract digital nomads and remote workers to its shores. The country offers a special tax regime for non-habitual residents (NHR) that allows qualifying individuals to pay no tax on their foreign-sourced income for a period of 10 years. This tax exemption covers income earned from services, royalties, and other types of foreign income.
To qualify for the NHR regime, you must be considered a tax resident in Portugal and not have been a tax resident in the country for the past five years. You must also meet certain criteria, such as not being employed in Portugal and having a non-HR income as your main source of income.
In addition to the tax benefits, Portugal also offers a high quality of life, beautiful landscapes, and a welcoming culture. The cost of living in Portugal is relatively low compared to other European countries, making it an affordable option for digital nomads seeking a higher standard of living.
If you’re interested in becoming a digital nomad in Portugal, you may also want to consider applying for the Portugal nomad visa. The Portugal nomad visa is designed for digital nomads and other remote workers who wish to live and work in the country for an extended period of time. The visa allows you to live in Portugal for up to one year, with the option to renew for additional periods.
To apply for the Portugal nomad visa, you will need to provide proof of income, health insurance, and accommodation in Portugal. You will also need to demonstrate that you have the means to support yourself financially while living in the country.
Overall, Portugal offers an attractive option for digital nomads looking to minimize their tax burden and enjoy a high quality of life. With the NHR regime and the Portugal nomad visa, remote workers can take advantage of all that this beautiful country has to offer while working from anywhere in the world.
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