IFICI (NHR 2.0) — Portugal Special Tax Regime
🇵🇹 IFICI (NHR 2.0)
Portugal — Special Tax Regime
Status
Active
Effective From
Jan 1, 2024
📋 DETAILS
Summary
Tax incentive for scientific research and innovation, replacing the original NHR regime. Provides a 20% flat rate on qualifying Portuguese-source employment and self-employment income.
Eligibility
Must not have been tax resident in Portugal in prior 5 years. Must carry out qualifying scientific research, innovation, or high value-added activities.
Benefits
20% flat rate on eligible employment/self-employment income. Exemption on most foreign-source income (dividends, interest, royalties, capital gains, pensions) if taxed in source country.
Requirements
Must become Portuguese tax resident. Must engage in qualifying activities.
Limitations
More restrictive than original NHR. Limited to specific professional activities and sectors.
Income Types Covered
Employment, self-employment from eligible activities, pensions
Duration Details
10 consecutive years
💰 FINANCIAL
Flat Rate
20.0%
Duration
10 years
Prior Non-Residency Required
5 years
🏛 COUNTRY TAX CONTEXT
Tax System
Worldwide
Top PIT Rate
48.0%
Corporate Tax
21.0%
IVA
23.0%
Capital Gains
28.0%
Treaty Count
79
📚 SOURCE
PwC Worldwide Tax Summaries
View source →