Portugal income tax

Portugal tax calculator

Enter your income to estimate what you would pay in Portugal, as an employee or running your own company, and see the best-value cities. Get the full breakdown plus a vetted advisor by email.

How much is income tax in Portugal?

Portugal taxes personal income at rates up to 48%. Residents taxed on worldwide income; no special nomad regime.

Compiled by MyNomadWorld for Portugal and currently being re-verified against primary sources. Confirm with a local adviser before relying on it.

Portugal digital nomad visa

D8 Visa / Residence permit for remote professional activity (Art. 61-B, Law 23/2007)

• Income requirement: 4x Portuguese minimum wage (RMMG €920 in 2026 per Decree-Law 139/2025) = €3,680/mo
• Initial length: 24 months · renewable
• Max stay: D8 visa grants 120-day entry, then a 2-yr residence permit (renewable); path to PR/citizenship after 5 yrs
• Tax on nomad income: NHR abolished; standard progressive IRS up to 48% (IFICI/NHR 2.0 available for some qualifying activities)
• Family / dependents: Yes

Official source: D8 Visa / Residence permit for remote professional activity (Art. 61-B, Law 23/2007) · as of 2026

Portugal expat & digital-nomad tax regime

Under the IFICI (ex-NHR) regime, a qualifying new resident or foreign-income remote worker pays an effective rate of about 30.5% instead of the 48% headline. This benefit is temporary or conditional (it runs for a limited period or requires you to stay non-resident), so treat it as a head start, not a permanent zero.

Official source: PwC Portugal (IFICI)

Capital gains, wealth & property tax

• Capital gains: 28% flat on securities/shares (option to aggregate at 12.5%-48%); real estate: 50% of the gain taxed at progressive rates. Holding-period exclusions of 10/20/30% for 2-5/5-8/8+ years.
• Wealth tax: No net wealth tax; AIMI surcharge only on high-value Portuguese real estate

Inheritance & gift tax in Portugal

No inheritance tax; 10% stamp duty (Imposto do Selo) on gratuitous transfers Spouse, descendants and ascendants are exempt from the 10% stamp duty; the 10% applies only to other beneficiaries

Corporate tax & VAT

The standard corporate profits tax is 19%.

How to become a tax resident of Portugal

>183 days (in any rolling 12-month period) in Portugal, or maintaining a habitual residence/home there on 31 December.

Banking in Portugal

You will want a local or multi-currency account for rent, bills and getting paid. See our guide to the best banks in Portugal.

For receiving income and moving money the day you arrive, Wise lets you hold and convert 40+ currencies and get paid like a local. Open a free Wise account →

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Portugal tax treaties

Portugal maintains around 79 double taxation treaties in force. They generally follow the OECD Model Convention and reduce withholding tax on cross-border dividends, interest and royalties, so the same income is not taxed twice when you move, invest or earn across borders. That is a broad network, useful for internationally mobile earners and investors.

Major treaty partners

Chips with a link open the full withholding-tax detail for that treaty pair.

Approximate size of the DTA network; confirm the specific treaty and its terms before relying on it.

Portugal tax treaty guides

Detailed double-tax-treaty guides (withholding rates on dividends, interest and royalties) are available for 27 of Portugal's partners:

Algeria · Angola · Brazil · Cape Verde · China · Colombia · Ethiopia · Georgia · Guinea-Bissau · India · Indonesia · Ivory Coast · Mexico · Moldova · Morocco · Mozambique · Pakistan · Peru · Senegal · South Africa · Spain · Timor-Leste · Tunisia · Ukraine · United States · Venezuela · Vietnam