Tax benefits for Unusual Residents.
The legal department of Gold Roof – Real Estate & Finance have the expertise to being able to follow your application process, so that it can be completed successfully and as soon as possible.
Competitive Advantages for Unusual Residents.
Fixed taxation rate for a period of 10 years of 20% on work income earned in Portugal.
No double taxation on retired pension, dependent and self-employed income from abroad.
How to obtain the Unusual Resident Permit.
Not being a Portuguese resident in the last 5 years
To register as a tax resident in Portugal, you must have stayed in Portugal for more than 183 days, followed or interpolated. If you remained for a shorter period of time you must prove that you have a permanent house with know address till 31 December of that year.
- The Unusual Resident application shall be made after resident registration in Portugal until 31 March of following year in which you become resident.
Applicable taxation to earned incomes in Portugal for Unusual Resident.
The tax rate for dependent or self-employed work is 20%.
This kind of taxation is for high added value activities with scientific, artistic or technical character:
Architects, engineers and similar technicians
Artists, actors and musicians
Auditors
Doctors and dentists
Teachers
Psychologists
Liberal, technical and assimilated professions
Investors, administrators and managers
Being an Unusual Resident gives the right for a period of 10 years to have a fixed tax rate of 20% from the year of registration as a tax resident in Portuguese territory.
Taxation exception to earned income abroad by Unusual Residents
Pensioners:
In accordance with a convention to eliminate double taxation concluded by Portugal and that State, Income is taxed in the State of origin
According to the IRC criteria code, revenues source that are not obtained in Portugal
Dependent work income:
In accordance with the convention to eliminate double taxation concluded by Portugal and that State, Income is taxed on the State of origin
Income that is taxed in another State with which Portugal has no double taxation agreement, provided that the income is not obtained in Portuguese territory in accordance with Article 18 of the IRS Code
Income from independent work as scientific, artistic and technical nature, from intellectual and industrial property, capital income, property income, capital gains and other assets:
In accordance with the convention to eliminate double taxation concluded by Portugal and that State, income may be taxed in the country, territory or region of origin
Where there is no agreement to eliminate double taxation the OECD Model Convention (taking into account Portuguese reservations) may apply, provided that the country, territory or region of origin does not have a preferential taxation regime and provided that the income is not considered as obtained in Portugal in conformity with Article 18 of the IRS Code.