As many are aware, the previous NHR programme has concluded (though discussions about its potential revival persist). Presently, individuals can solely seek eligibility under the new NHR initiative, dubbed NHR 2.0.
RHJ Accountants have released a comprehensive article for a detailed analysis of the distinctions between the former and current schemes.
NHR 2.0 audience
While the previous NHR programme was relatively straightforward to apply for, NHR 2.0 has been crafted to entice foreign investments and skilled professionals to Portugal. This refined strategy is more focused, yet it upholds the core concept of its predecessor by offering substantial tax exemption advantages.
Is RHJ Group able to help with the application?
The team at RHJ Accountants is currently working on clarifying the application process for individuals. They have already crafted a proposal outlining the services they offer and the necessary applicant documents. The initial query centres around whether the applicant holds a skilled position, such as higher education teaching in scientific research or employment in the Autonomous regions of the Azores or Madeira – plus much more.
While assistance is available, akin to the previous programme, success in the application cannot be guaranteed. Therefore, if you are contemplating applying, it is advisable to engage with our team for preliminary discussions.
Return of NHR 1.0
We’ve had numerous inquiries from clients regarding the potential return of the old NHR programme. While this speculation may hold some truth, no decisions will be made until authorities deliberate on the forthcoming adjustments for 2025 in October. Stay tuned a tad longer for updates!
NHR 2.0 advice
Referring back to the main point, it is advisable to reach out to our accountancy team for a thorough understanding of your eligibility to apply for the NHR 2.0 scheme.
