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IFICI Deep Dive: Your Guide to Qualified Positions and Eligible Companies in Portugal

Updated: Apr 8

Portugal's new IFICI tax (aka NHR 2.0) regime offers exciting professional opportunities for qualified professionals and company directors.

What Makes IFICI Special?

Effective January 1, 2024, IFICI (the successor to NHR) is Portugal's latest initiative to attract top-tier professionals, especially those in scientific research and technological innovation.

If you're considering relocating your career to Portugal, this could be your golden opportunity!


IFICI Deep Dive, AKA NHR 2.0
IFICI Deep Dive, AKA NHR 2.0

The Tax Benefits You Can't Ignore:

A - A flat 20% tax rate on Portuguese income for 10 consecutive years

B - Tax exemption on foreign-sourced income including:

  • Salary earnings

  • Business income

  • Property income

  • Capital gains

  • Investment returns


Who Qualifies?

Highly Qualified Positions (requiring a degree and 3 years of experience):

• CEOs and Executive Managers

• Administrative and Commercial Service Directors

• Production and Specialized Service Directors

• Physical Sciences, Mathematics, and Engineering Specialists

• Industrial Product/Equipment Designers

• Medical Doctors

• University Professors

• ICT Specialists


Company Requirements -

Your company must fall into one of these sectors:

  1. Tech and Communication:

    • Software Development and Consulting

    • Publishing (including books, software)

    • Media Production

    • Data Processing

    • News Agencies

  2. Other Key Sectors:

    • Extractive Industries

    • Manufacturing

    • R&D in Physical/Natural Sciences

    • High Education

    • Healthcare


Important: Companies must export at least 50% of their turnover (in the current fiscal year or either of the two previous years).


Key Dates to Remember:

Application deadline: March 15, 2025 (for 2024 residents)


Eligibility Checklist:

• Becoming a Portuguese resident from January 1, 2024

• No Portuguese residency in the previous 5 years

• No previous NHR status

• Haven't opted for ex-residents tax regime

• Degree/doctorate + 3 years professional experience


Pro Tip: While some application procedures are still being finalized, now is the perfect time to start preparing your documentation and evaluating your eligibility.


Need Help Making This Opportunity Work for You?

At ChâteauBIZ, we specialize in making your transition to Portugal smooth and financially optimized.

Our team can:

• Assess your IFICI eligibility

• Guide you through the application process

• Handle your tax planning

• Manage your accounting requirements


Ready to explore how IFICI can benefit your career in Portugal? Let's talk about your specific situation and create a tailored plan for your move.


Legal Reference: Article 58.º-A of the Tax Benefits Statute (EBF) Ordinance No. 352/2024/1, December 23

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