The Portugese non-habituall-residence status has a reduced tax rate, or no tax rate if the tax on the income had been paid elsewhere in a non-tax haven.
You can apply for it if you have been non-resident in Portugal for more than 5 years, and lasts for 10 years.
It does not apply to Social Security which in Portugal is very high.
It is very critical to structure everything in the right way otherwise you may end paying more tax and Social security than you would in Ireland!
Getting the right advice is critical. I got the wrong advice and it took it years to solve.
Yes. NHR status affects your income tax, but not social security. It is pretty much designed to attract retirees from other EU countries (and those are almost non-affected by social security).
You can apply for it if you have been non-resident in Portugal for more than 5 years, and lasts for 10 years.
It does not apply to Social Security which in Portugal is very high.
It is very critical to structure everything in the right way otherwise you may end paying more tax and Social security than you would in Ireland!
Getting the right advice is critical. I got the wrong advice and it took it years to solve.