The 2024 state budget bill submitted by the Portuguese government to the Portuguese Parliament confirms the intention to end the Non-Habitual Resident (NHR) system from 2024.
According to the proposal, new applicants must apply before December 31, 2023 and complete their application/approval by March 31, 2024.
Current NHR status holders retain their benefits for their 10-year term.
A new tax incentive for scientific research and innovation is proposed, which will only apply to taxpayers moving to Portugal who earn income from higher education and scientific research or R&D activities.