Portugal's tax-favourable regime for expats is still in place 'despite reports'

Recent press reports have suggested that Portugal's highly favourable tax incentives for British expats have ended. This is not the case, says Jason Porter, director of specialist expat financial planning firm Blevins Franks.  Portugal has a special tax regime for arrivals who have not been resident in Portugal in the previous five years. If they register as a ‘non-habitual resident' (NHR), then they will only pay 10% Portuguese income tax on any pension income for the first ten years they are resident. But they must apply for this by 31 March of the year following when they became ta...