Who Is Eligible for NHR in 2025?

Who Is Eligible for NHR in 2025?

The NHR (Non-Habitual Resident) tax regime in Portugal underwent significant changes in 2025. Here’s what you need to know:
Key Changes:
• NHR Regime Closed to New Applicants: The NHR regime, as it previously existed, is now closed to new applicants. This means you can no longer apply for NHR status with the same benefits that were previously offered.
• Transitional Period: A transitional period was available for individuals who met specific criteria before the end of 2023. If you were eligible and applied by March 31, 2025, you might still be able to benefit from the NHR regime under the old rules.
What This Means for 2025:
• No New NHR Applications: If you did not meet the transitional criteria, you cannot apply for the NHR regime in 2025.
• Existing NHR Holders Unaffected: If you already have NHR status, you will continue to enjoy its benefits until your 10-year period expires. These changes do not affect existing NHR holders.
Alternative Tax Regime:
• IFICI Regime: Portugal has introduced a new tax regime called IFICI (Tax Incentive for Scientific Research and Innovation) to attract highly skilled professionals and entrepreneurs. This regime offers a flat 20% tax rate on income from eligible activities, along with potential exemptions on foreign income.

TIMESTAMPS:
0:00 INTRO
0:52 NHR ended 2024 replaced by R&D tax incentive
3:50 NHR 2.0 tax rate
5:06 NHR 2.0 exempts foreign income except pensions
6:49 NHR 2.0 requires startup ties
8:40 OUTRO

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