Information on Taxes

Yes, there are tax-efficient ways to move to Portugal. Although once you become a resident in Portugal, you are liable to paying taxes on your worldwide income, there are generous tax benefits to new residents for their first ten years in the country, through the NHR scheme (non-habitual resident). Under the NHR, those who are employed by Portuguese companies in a high value-added profession pay a flat 20% income tax rate - whereas usually, you'd be paying up to 48%, depending on your income.

You can also benefit from this regime if you're retired, as the foreign pension income is taxed at 10% for NHR's.

The Golden Visa is an excellent option to lower your exposure to taxes in this country: among other benefits, there is no inheritance tax, no tax on wealth, and you’re exempted from taxes on your income arising from crypto investments. To further increase your benefits, you can combine the Golden Visa with the NHR (as a new resident in Portugal, you may be eligible for the NHR, which will give you access to a special tax status)

As a new resident in Portugal, you may be eligible for the NHR, which will give you access to a special tax status. However, for this, you will have to spend a minimum of 183 days per year in the country - which may or may not be appealing to you. For instance, if you’re applying for a Golden Visa because you only need to be in Portugal for 7 days a year, this may not be a good solution for you. 

The tax burden on companies is considered high in Portugal, with the Corporate Income Tax standing at 21% of the net profit of a business and Portugal has the highest combined corporate income tax rate in Europe. However, certain tax incentives are applicable to some areas of business. There are several that can be quite advantageous. And of course, we can guide you through it.
Note: For small or medium-sized enterprises which have an agricultural, commercial or industrial economic activity as their main activity, a flat tax rate of 17% applies to the first EUR 25 000, and the standard rate to the remainder.