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What Happened to the NHR Tax Regime for Portugal's Golden Visa? Citizenship by Investment

What Happened to the NHR Tax Regime for Portugal’s Golden Visa?

Portugal's Non-Habitual Resident (NHR) tax regime has been a big draw for international investors and tax residents since its launch in 2009. The scheme offered substantial tax benefits, including tax-free transactions and reduced rates on pension income and wealth for up to a decade. However, in October 2023, the Portuguese Prime Minister announced plans to phase out the NHR regime . As of January 2024, the scheme closed to new applicants, with some exceptions for those meeting specific...

Angela Taylor 2 min read
Obtaining Dual Citizenship in Portugal: What Americans Need to Know Citizenship by Investment

Obtaining Dual Citizenship in Portugal: What Americans Need to Know

For US citizens, especially high-net-worth individuals and expats, obtaining dual citizenship in Portugal can be hugely appealing. It allows them to work, live and study in the EU whilst enjoying Portugal's high quality of life. In this article, we’ll quickly cover what US citizens need to know about dual citizenship in Portugal, including benefits for Americans, and various ways for obtaining it, including the highly sought-after Golden Visa programme. Dual Citizenship Between the US and...

Jessica Garcia 3 min read
Why Should You Get Second Citizenship? Citizenship by Investment

Why Should You Get Second Citizenship?

We live in a world where you can hop on a plane from Dubai to Lisbon and London all on a single day. That’s why the idea of second citizenship has gained traction, especially among expats and high-net-worth individuals. Answering to this call, several European countries — from Portugal and Spain to Greece — offer foreign nationals the opportunity to obtain residency or citizenship through investment. Here’s why obtaining second citizenship through golden visas makes sense. Benefits of Second...

Nathan Cross 2 min read
Portugal Golden Visa vs. Spanish Golden Visa: Choosing the Right Programme for You Citizenship by Investment

Portugal Golden Visa vs. Spanish Golden Visa: Choosing the Right Programme for You

Portugal and Spain both operate popular Golden Visa schemes allowing wealthy investors to obtain residency (and potentially citizenship) through investment. But which programme best suits your needs? Let's break down the key differences. Investment Requirements The Portuguese Golden Visa has a lower minimum investment threshold of €250,000 for contribution to national, art, or cultural heritage preservation or restoration. As of October 2023, the programme no longer accepts real estate...

Angela Taylor 2 min read

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