Portugal
IFICI Tax Regime

Overview

Benefits

  • Flat 20% income tax rate on Portuguese-source income from qualifying activities.
  • Exemption on foreign employment income if taxed abroad under a double tax treaty.
  • Exemption on foreign investment income (e.g., dividends, interest, capital gains) if certain conditions are met.
  • Applicable for 10 consecutive years, non-renewable.
  • No wealth tax, inheritance tax or gift tax in Portugal.
  • Access to Portugal’s extensive double tax treaty network.
  • Open to both EU and non-EU nationals relocating to Portugal.
  • Available to employees, self-employed, and entrepreneurs in qualifying sectors.
  • Compatible with other visa types, including D7, D8 (digital nomad), and HQA.
  • Full access to Portuguese residency and healthcare system.

Requirements and Procedures

  • Become tax resident in Portugal, staying more than 183 days/year or maintaining a habitual home.
  • Not have been tax resident in Portugal in the 5 years prior to application.
  • Apply for the IFICI regime within the first year of becoming tax resident.
  • Engage in a qualifying activity, such as STEM, AI, green energy, higher education, scientific research, or management in international companies.
  • Register with the Portuguese Tax Authority (AT) and request regime activation.
  • Qualifying income must come from Portugal or abroad and meet substance criteria.
  • Employment income from abroad must be taxed in the source country to be exempt.
  • Submit annual tax return declaring the benefit and all relevant income.
  • Maintain documentation proving sector of activity and eligibility.
  • No automatic transition from NHR — must apply specifically for IFICI.

  • Confirm your eligibility under the IFICI regime and identify strategic options.
  • Assist with registration with Portuguese tax authorities and application filing.
  • Define and verify whether your activity qualifies under the eligible sectors list.
  • Help structure contracts and income sources to optimize tax benefits.
  • Coordinate with your home country tax obligations and treaty advantages.
  • Provide ongoing tax compliance and annual return assistance.
  • Advise on residency options, visas, and relocation planning.
  • Represent you before the AT if additional documentation or review is required.
  • Offer tax guidance for business owners, freelancers, and remote workers.
  • Monitor legal updates to preserve your status during the 10-year period.

Contact us today