Publication Date: September 5, 2025Effective Date: 1 January 2026 Portugal has officially removed Hong Kong, Liechtenstein, and Uruguay from its list of jurisdictions with “clearly more favourable tax regimes,” more commonly known as the tax haven list. This change, announced through Ordinal 292/2025/1 and published in the Diário da República, reflects Portugal’s commitment to maintaining…
How Are Cryptoassets Taxed in Portugal? A Complete Guide (2025) Portugal has emerged as one of Europe’s most interesting jurisdictions for crypto investors and miners. However, the tax treatment of cryptoassets is not uniform — it depends on the nature of the activity and the type of income involved. 1. Buying and Selling Crypto (Capital…
Quick overview (2025 figures) National minimum wage (RMMG) 2025: €870/month in mainland Portugal (higher in islands). This matters because several residency thresholds are multiples or references to the minimum wage. D8 (Digital Nomad) income floor: 4× minimum wage = €3,480/month in 2025. Most consulates look for consistent income over recent months and evidence of remote…
1. What is IFICI (NHR 2.0)? The Non-Habitual Resident 2.0 regime, officially called the Tax Incentive for Scientific Research and Innovation (IFICI), came into effect on January 1, 2024, replacing the former NHR regime. It was introduced in the 2024 State Budget Law and codified in Article 58-A of the Portuguese Tax Benefits Code (EBF).…
When living and working in Portugal, it is not uncommon for taxpayers—whether residents, expatriates, or freelancers—to face unexpected tax assessments. Sometimes these assessments may be incorrect, based on mistakes in reporting, misinterpretations of law, or administrative errors. Fortunately, Portuguese law provides several mechanisms for taxpayers to defend their rights. The two main avenues are reclamação…
Setting up as a freelancer or self-employed professional in Portugal is an exciting step, but it also comes with specific tax and compliance obligations. Whether you are a consultant, creative professional, engineer, or entrepreneur, understanding how to register your activity and manage both IRS (personal income tax) and IVA (VAT) is essential. In this guide,…
How to Apply for a NISS in Portugal: A Practical Guide for Foreigners and Portuguese Citizens Without a Citizen Card If you are moving to Portugal to work, study, or settle, one of the first administrative steps you will face is obtaining your NISS – the Número de Identificação da Segurança Social (Social Security Identification…
Deadline: June 30, 2025By Rui Fragoso Borges, CPA nº 84392 | GoalSeek – Tax & Financial Advisory If you live in Portugal or earn income from Portuguese sources as a non-resident, it’s time to report your 2024 income to the Portuguese Tax Authority. Between April 1st and June 30th, all taxpayers must submit their IRS…
Investing in rental properties is often viewed as a reliable source of passive income—but when you’re relocating to Portugal, the tax story becomes more complex. Many expatriates moving under the D7 visa are surprised to learn that Portugal does not recognize many of the same deductions allowed by the IRS. This can lead to an…
What Digital Trainers and Consultants Need to Know in 2025 Published by GoalSeek | March 2025Author: Rui Borges, CPA 84392, Senior Tax Consultant at GoalSeek As of March 24, 2025, Portugal has implemented Decree-Law No. 33/2025, updating VAT rules for digital service providers — especially for professionals offering online training, webinars, streaming content, and similar…