RelyOn Relocation NEWSLETTER

Portugal’s new government has indeed announced plans to reintroduce a tax break system similar to the previous NHR regime. This decision comes after the previous administration had decided to end the NHR program in 2024.
Key Points of the New Tax Break System
The new tax incentive, which is part of a package of 60 measures aimed at stimulating economic growth, will offer:
1. A 20% flat income tax rate for foreign nationals.
2. This rate will apply only to salaries and professional income.
3. The tax breaks will not be extended to wealthy expatriate retirees.
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On October 1, 2024, the Portuguese Immigration Authority launched an innovative digital platform designed to simplify the citizenship application process. This new online platform provides applicants with a streamlined way to submit and track their applications in real-time, making the path to Portuguese citizenship faster and more transparent.

For those who already hold a Portuguese residence permit, this development is especially beneficial. The online system removes traditional bureaucratic barriers and offers a clear, accessible view of each application stage, allowing applicants to stay informed about the progress of their request from start to finish.

Portugal continues to enhance its appeal as one of the most convenient and traveler-friendly destinations in Europe. Exciting news for residents, tourists, and frequent flyers: a new high-speed train now connects Lisbon and Porto airports, making travel between these two key hubs faster and easier than ever.
The high-speed train significantly reduces transit time, allowing passengers to avoid traffic and lengthy transfers. Whether you’re catching a connecting flight, traveling for business, or exploring the beauty of Portugal, this new connection ensures a smooth and hassle-free experience.
This development is part of Portugal’s ongoing efforts to modernize its infrastructure and improve accessibility, further solidifying its reputation as a global hub for travelers and expats alike.