Snap, Its OVER!! Without NHR is this the end of expats in Portugal?

#livinginportugal #lisbon #lisboa
WIth the end of NHR (The Non-Habitual Resident) program in Portugal, what will this mean to you? Can you still move to Portugal? Have you already begun the process of moving and how will that effect you? Are you in Portugal already as a digital nomad or expat? What will happen to you know with NHR?

Programs like The Golden Visa and NHR are highly visible marketing schemes by the government to promote the country. These programs attract many more people to move to Portugal than qualify for either NHR or The Golden Visa Program

Are you looking at buying a home in Porgutal this year or next? What factors do you look at: Location, square meters, amenities, neighbourhood? Now, you really have to look at what the effects will be because of the NHR program going away as well.

12:47 in the video: it should read "...Tax Residency by December 31, 2023"

#travelingineurope #travelinginportugal #buyingahomeinportugal #buyingahomeineurope #lisbon #porto #shopforhome #househunting #livinginportugal #livingineurope #portugalrealestate #eurorealestate #europeanrealestate #buyingpropertyeurope #buyingpropertyportugal #buyinghome #worldtravelers #worldtravelerseurope #lisboa #NHR #nonhabitualresidence #scientificresearchandinnovation #reductionlabourincome

Sources:
https://www.portugalresident.com/pm-scraps-nhr-tax-scheme/

https://www.trtaxadvisor.com/blog/nhr-portugal-end-fact-fiction-tax-advisor-perspective

https://www.pwc.pt/pt/servicos/fiscalidade/individuals-taxation/non-habitual-tax-residents.html

https://www.theportugalnews.com/news/2023-10-12/the-nhr-is-over-but-there-are-still-tax-breaks-available-for-people-moving-to-portugal/82226

https://finance.yahoo.com/news/portugal-pathways-portugals-nhr-tax-132800179.html?guccounter=1&guce_referrer=aHR0cHM6Ly93d3cuZ29vZ2xlLmNvbS8&guce_referrer_sig=AQAAAGk4fMb9ddU-p1-uK9w5BsFTri_0t4GiMGvQOkmivS-1GrJlyfqIEnKPKVfVY4IJIpQ1MWdK2WyIVMbsLLdro5s0xZhwYSWmAPsDJNyGw-dSFQFFk4ACbDO8dQZkoqn4BC_sTWtbIWtQO4JS-ITHvwY6gSIVSzNJRDYb0-AJIVr5

https://www.theportugalnews.com/news/2023-10-11/understanding-portugals-golden-visa-program-a-path-to-residency-and-investment/82160

https://stepinsideportugal.com/residente-nao-habitual-rnh/

Golden Visa:
https://internationalliving.com/big-changes-to-portugals-visa-and-tax-regimes/

Real Property Prices in Portugal
https://fred.stlouisfed.org/series/QPTR628BIS

Portugal Home Purchase Statistics:
https://www.ine.pt/xportal/xmain?xpid=INE&xpgid=ine_destaques&DESTAQUESdest_boui=593969644&DESTAQUEStema=5414344&DESTAQUESmodo=2

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