VISA
This article outlines the key visa options for working, investing, or studying in Portugal, including the D1 Visa for employment, D2 Visa for entrepreneurs, and D7 Visa for retirees. It also highlights specialized visas like the Tech Visa and Startup Visa, detailing the basic requirements and benefits for each.
Cryptocurrency in Portugal
Portugal’s 2023 budget includes taxation on cryptocurrency. Income from mining, staking, and trading is taxed differently. Gains from crypto held over 365 days are tax-exempt. Losses can offset future gains. An “Exit Tax” applies if leaving Portugal.
NIF Application
The NIF is a tax ID required in Portugal, with different processes for EU/EEA and non-EU residents. EU residents need ID and proof of address. Non-EU residents need additional documents and a fiscal representative.
NHR 2.0 – Portugal’s non-habitual resident tax regime
The New NHR (NHR 2.0) offers tax incentives for individuals moving to Portugal from January 1, 2024. It includes a 20% tax rate on income for ten years and various exemptions for eligible professions.
Guide to Buying a House in Portugal
To buy a house in Portugal, get a NIF, open a bank account, and consider legal advice. Research prices, sign a promissory contract, and complete the deed. Financing options are available. The NHR and Golden Visa programs offer tax and residency benefits.
