Prime Minister António Costa announced on Monday that the state intends to end the Non-Habitual Residents Programme (NHR) in 2024 and will no longer accept taxpayer registrations from next year.

However, the Prime Minister wasn’t clear on whether he intended to put an end to the whole scheme and how the new guidelines would be applied, and he guaranteed that those who already benefit from the scheme would not be affected.

Likewise, anyone who registers by the end of 2023 will be able to take advantage of the scheme for the following 10 years under the conditions that currently apply.

If you want to take advantage of the NHR programme, it is advisable to consider registering as early as possible.

If you would like to know more about how to register or what the tax implications might be for you, our Tax team can assist you in this process.

Tax Department

Sofia Quental | Flávia Almeida | Catarina Amaral