Should I move to Portugal to avoid Tax?
Moving to Portugal can be a great way to optimise your taxes because of initiatives like the NHR (Non-Habitual Residency) and their crypto tax friendly policies.
Depending on where you currently reside and whether you’re eligible for NHR, Portugal could offer a significantly better tax policy for you. For example, if you qualify as a high-value worker in Portugal, your income tax could be capped at 20% and all dividends earned from international companies with a double-taxation agreement is completely tax-free. There are a number of other significant tax advantages that are worth reading more about with the NHR.
In addition to this, crypto is tax-free, so long as it’s not your main source of income and you’re not deemed a trader.
Pensions are taxed at 10%, which is significantly lower than most countries.
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