New NHR benefits

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Feb 12th 2020, 7:46 am

#16

TonyJ1

BE Enthusiast

Joined: Mar 2014

Posts: 414

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Re: New NHR benefits

Quote:

Originally Posted by Red Eric

But not on assets held, so there is no tax on assets as such.

On the gain off course, when sold or otherwise disposed (word used realised)

Feb 12th 2020, 7:53 am

#17

TonyJ1

BE Enthusiast

Joined: Mar 2014

Posts: 414

Re: New NHR benefits

Quote:

Originally Posted by Rorypens

Does anyone have a link to, or a thread, that explains what the new NHR conditions/benefits will be for 2020?

I heard about the 10% flat tax rate but could only find general articles on the web relating to the proposal - is there any concrete info anywhere?

Thanks!

The new changes ie the tax on pensions will be applicable as from the date of when the law comes into effect - sometimes towards the end of the month, maybe 1 March. Not yet sent to the president for signature and subsequent publication in the government gazette. The proposals were put before parliament (and approved) and are available on the parliament web site (in Portuguese)