Cited June 2026 · 4 primary sources · screening, not advice
Portugal IFICI: the NHR successor regime
Overview
Portugal closed its Non-Habitual Resident (NHR) regime to new applicants at the end of 2023 and replaced it with IFICI (Incentivo Fiscal a Investigacao e Inovacao Cientifica e Tecnologica), which applies a 20 percent flat rate on eligible Portuguese-sourced income for qualifying researchers, highly qualified professionals, and other categories. The headline personal income tax rate for residents outside the regime reaches 48 percent. Separately, Portugal's golden visa programme was restructured in 2023 to exclude direct real estate purchases; eligible investment routes now focus on qualifying funds from 500,000 euros. The D8 digital nomad visa requires proof of average monthly net income of roughly 3,680 euros.
Cited facts
| Special income tax regime (IFICI / NHR successor) | IFICI (the NHR successor, from 2024): 20 percent flat on eligible Portuguese employment and professional income, plus exemptions on certain foreign income. The old NHR regime closed to new entrants at the end of 2023. Good PwC Worldwide Tax Summaries, Portugal, significant developments Verified 2026-06-24 IFICI provides a special 20 percent rate on category A and B income from eligible activities; applicants must not have benefited from the NHR regime. |
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| Top personal income tax rate (standard) | 48 Good PwC Worldwide Tax Summaries, Portugal, taxes on personal income Verified 2026-06-24 Top personal income tax rate 48 percent on taxable income above about 86,634 euros, plus a solidarity rate of 2.5 to 5 percent on higher incomes. |
| Digital nomad visa (D8), minimum net income | 3680 Good Portugal D8 visa income floor: 4x the national minimum wage (920 euros/month in 2026), applied by AIMA Verified 2026-06-24 Portugal D8 digital nomad visa: minimum income of 4 times the national minimum wage, about 3,680 euros per month in 2026, assessed by AIMA at the appointment date. |
| Investor residency (golden visa) after 2023 reform | Real estate and capital-transfer routes removed in October 2023 (Mais Habitacao, Law 56/2023). Remaining routes include 500,000 euros into qualifying Portuguese investment funds, 250,000 euros cultural support (200,000 in low-density areas), 500,000 euros scientific research, and job creation. Good Portugal golden visa (ARI) after the 2023 Mais Habitacao reform Verified 2026-06-24 Real estate purchases and capital transfers no longer qualify; investment funds (minimum 500,000 euros) and cultural support (from 250,000 euros) remain. |
Cite this data
Copy the line for any fact you want to cite. Each line names the source, the date we verified it, and the canonical URL with a fragment pointing to the fact path.
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PwC Worldwide Tax Summaries, Portugal, significant developments, verified 2026-06-24, https://mysecondcountry.com/topics/portugal-ifici-the-nhr-successor#facts.0 -
PwC Worldwide Tax Summaries, Portugal, taxes on personal income, verified 2026-06-24, https://mysecondcountry.com/topics/portugal-ifici-the-nhr-successor#facts.1 -
Portugal D8 visa income floor: 4x the national minimum wage (920 euros/month in 2026), applied by AIMA, verified 2026-06-24, https://mysecondcountry.com/topics/portugal-ifici-the-nhr-successor#facts.2 -
Portugal golden visa (ARI) after the 2023 Mais Habitacao reform, verified 2026-06-24, https://mysecondcountry.com/topics/portugal-ifici-the-nhr-successor#facts.3
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