Tax and Financial Planning
Unlock financial success & tax savings with expert planning
Effective financial and tax planning early on in your NHR tax life is key for mitigating unnecessary tax burdens on your overseas income and assets for life in Portugal.
Navigating a new financial landscape can be complex, but our proprietary solutions are designed to optimise your non-Portugal-sourced passive income—such as dividends, royalties, rental income, and retirement savings—ensuring long-term success.
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Explore our unique financial and tax planning solutions
Finding the right solutions
Optimising your income and assets for tax
By leveraging our expertise, you can benefit from improved tax on your income, wealth and assets using Non-Habitual Residency (NHR) tax system or Incentivised Tax Scheme (ITS).
This strategic approach allows you to minimise tax obligations and maximise the returns on your investments.
In addition, our unique proprietary financial and tax planning models are designed to optimise your income and assets well beyond the qualified periods for NHR or ITS tax schemes.
On average, our affluent clients receive a significantly improved tax position through our proprietary financial model for up to 20 years.
Below is how much you would pay without Portugal's NHR 0% tax incentive being applied:
Special tax benefits for non-Portuguese pensions
As part of our comprehensive services, our Visa program offers exceptional tax benefits for overseas pensions.
Under Portugal's D7 Visa (known as 'passive income' or 'retirement visa') and Non-Habitual Residency (NHR) tax regime, overseas pensions are taxed at just 10% for 10 years.
This advantageous tax rate ensures significant savings and enables you to enjoy your retirement income to the fullest during your time in Portugal.
If planned early, you can structure your non-Portuguese derived pension through a bond or similar financial structure to minimise your tax after the 10 years NHR tax incentive finishes.
This needs to be planned in the first few years under NHR and cannot be left or you will start going on to standard tax rates which are 28% - 48% in Portugal after the 10 year NHR tax incentive finishes. Our clients, through early planning can optimise their tax position for up to 20 years using our proprietary and regulated financial model.
Plan early for post-NHR low tax period ending
We prioritise long-term tax planning for a smooth transition beyond the 10-year Non-Habitual Residency (NHR) low tax incentive period.
Our solutions focus on strategic financial and tax planning for post-NHR 10 year tax period, aiming to minimise tax increases and maintain an efficient structure.
By analysing your finances, exploring investment options, and providing continuous guidance, we ensure sustained tax efficiency and financial stability after the NHR phase.
Our client case studies and testimonials demonstrate a significantly improved tax position for up to 20 years.
By helping our clients plan early enough in the NHR tax regime life, we optimise their tax position and reduce the serious risk of paying the Portuguese progressive tax rates, which can range between 28% and 48% after the qualifying 10-year NHR tax period.
NHR low-tax timeline: Planning your financial path
Learn how Non-Habitual Residency (NHR) offers significant tax benefits for a period of ten years, and the importance of planning early enough for when it ends.
Preparing for Non-Habitual Residency
Understand the requirements and assemble your documentation for low tax status
Familiarise yourself with the NHR tax regime, ensuring you meet the eligibility criteria. Our experts will guide you through the necessary paperwork and financial preparations for a smooth NHR application process and ensure you plan early to avoid higher standard tax rates when it ends.
Attractive tax incentives during NHR
Enjoy 0% tax on non-Portugal derived income and 10% on pensions
During the 10 year NHR low tax status, you'll benefit from 0% tax on foreign-sourced income, including dividends, royalties, and rental income. Additionally, you'll take advantage of reduced tax rates on qualifying non-Portuguese pensions to further optimise your tax savings.
Planning for post-NHR
Prepare for a smooth transition beyond the NHR period to maintian tax effieciency
As your NHR low tax period nears its end, our experts will help you strategise for the post-NHR phase. We'll assist in minimising potential tax implications and devising long-term financial plans to ensure a stable future with continued tax efficiency. This cannot be optimised if not planned early enough and well before the 10 year tax incentive ends.
Prosperous Residency Beyond NHR
Enjoy the Portuguese lifestyle with ongoing support and financial advice
After completing the NHR tax period, our team will continue to provide ongoing support for tax planning and wealth creation, ensuring your financial stability and making the most of your residency in Portugal.
Client case studies
Significant tax savings for a wealthy UK couple who moved to Portugal
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Making the most of your wealth
Discover the straightforward process of how we can help optimise your tax and financial planning and make life in Portugal as seamless as possible.
Initial free consultation
Understand your needs and situation in Portugal to provide tailored services and solutions.
Personalised plan
Receive a customised plan to navigate the first 10 years of NHR, including 0% tax on foreign income and 10% tax on retirement income.
Long-term tax planning
Continuously optimise tax strategies beyond the 10-year period for a financially secure future.
Maximise your wealth, tax status, property and life in Portugal
Schedule a free consultation with one of our expert team so that we can offer personalised support to meet your specific needs.
Frequently
asked questions
Find answers to commonly asked questions about our tax and financial planning solutions.
Insurance wrappers (unit-linked insurance bonds) offer tax deferral and reduced taxation on withdrawals. In Portugal, withdrawals after 8 years are taxed at 11.2% (a 60% reduction from the standard 28%). Tax is applied only to the gains, not the principal. These structures can facilitate tax-efficient estate planning. Early transition into an insurance wrapper can help mitigate future tax liabilities. However, 77% of expats with NHR fail to act early, risking exposure to high post-NHR tax rates. Seeking professional advice ensures long-term protection for your income and assets.
Portugal, as part of the European Union, operates under EU financial regulations. Adopting a long-term financial strategy that aligns with Portugal’s tax system—rather than relying solely on NHR benefits—can help you better navigate the transition to standard tax rates (28%-48% post-NHR). Thinking like a Portuguese resident while planning can provide clarity, stability, and effective tax mitigation beyond the NHR period.
Cross-border tax and wealth management experts can help you get clarity and peace of mind in terms of understanding the best way to structure your income and assets, well before you NHR tax status ends.
Ideally, between years 1-7, while you still have flexibility to implement tax-efficient structures. Late planning (years 8-10) may limit your options and result in higher tax liabilities.
Yes, but the tax treatment of foreign income may change. Seeking professional advice can help you navigate the implications of double taxation agreements.
Yes, estate planning tools like trusts and gifting can help manage inheritance tax exposure. It is important to consult with a cross-border tax and wealth management professional. Professional guidance ensures your assets remain structured optimally under Portugal’s tax system.
Yes, reviewing your investments can help reduce tax exposure post-NHR. A strategic portfolio adjustment may lower your tax liability and enhance tax efficiency. It is advisable to first seek professional support before taking any action.
It is advisable to first seek cross border tax and wealth management professional advice before taking any action. Strategies may include restructuring your pension into a more tax-efficient vehicle that is aligned to life in Portugal and the European financial regulations. Without planning, your pension income may be taxed at up to 48%.
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Disclaimer: The information on the Portugal Pathways website and in email communications is for general informational purposes only and should not be construed as legal, tax, or financial advice. You should consult and check with a qualified professional advisor before relying on any information provided on this website or in email communications. As it relates to investments in Golden Visas or other wealth management solutions offered by regulated and professional advisors, it is important to note that past performance is no guarantee of future returns. Private equities can be highly illiquid and come with risk and should always be under professional independent advice.