The EU’s tax schemes are still available

Article By Inês Marques Dias & Raquel de Matos Esteves for Uglobal

“Portugal’s recent announcement that it was ending its  non-habitual resident (NHR) tax regime in Portugal, after the approval of the State Budget Law for 2024, marked a significant change to the system for foreigners who are tax residents in the European country that has been in effect for 14 years.

It is also a significant development in the European Union (EU)’s evolving tax landscape and evidence of the challenge of harmonizing tax policies within the bloc.”