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End of NHR and tax for expat arrivals next year

Glenn Allen

The Portuguese Prime Minister yesterday announced the end of NHR as of 31/12/2023.

A friend is moving to Portugal early next year.  My friend's country of origin does  not have a Double Taxation Treaty with Portugal and hence on a pension income of around €17600, I have calculated his tax to be approximately €3600 using the tax brackets for Portuguese taxation.  This means my friend would only have €14000 to live on.

Have I calculated this correctly?

It seems a lot of tax on a retiree's pension.

All advice is welcomed.

See also

The tax system in Portugal Taxes for expats in PortugalDouble tax treaty UK/PortugalNIF online for EU citizenTax Accountant - NHR
JohnnyPT

It's not that much. It's around 2,500 euros. A deduction is always applied (4104 eur).


You can do a simulation here:


Glenn Allen

@JohnnyPT Phew! Thanks Johnny

JohnnyPT

@Glenn,

And if you always ask for an invoice with your NIF number, you can deduct at least 250 euros from that amount. (Eg. Shopping expenses)

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