Portugal

Living, work, immigration, education & business — official links and practical guides

Key Facts

Basics

Currency
EUR
Region
Southern Europe
Local time
UTC+1
Europe/Lisbon

Economy

Population
10.69M
GDP (current US$)
$313.27B
GDP per capita
$29,292

Source: World Bank Open Data (CC BY 4.0) · 2024 · Last checked: 2026-07-06

Tax snapshot

Corporate tax
28%
+0–1.5% municipal
VAT
23%
Top individual income tax
53%
Capital-gains tax
28%
  • Corporate 28% = 19% + the 9% state surcharge (derrama estadual) on taxable profit above €35m (3% above €1.5m, 5% above €7.5m); a municipal surcharge of up to 1.5% applies on top. Smaller companies pay 19%. Top personal rate 53% = the 48% IRS band + the 5% solidarity surcharge on taxable income above €250k (2.5% from €80k). CIT cut to 19% for 2026 (17% planned by 2028). NHR closed to new applicants 2024-04; IFICI replaces for high-value-added work.

Source: National tax authority · Cross-check: OECD · PwC · KPMG · Last checked: 2026-07-16

Headline statutory rates. The income-tax figure includes national surtaxes; any regional or municipal layer is shown beside it. Social contributions and reliefs are excluded. Verify the current rate with the authority before relying on it.

At a glance

A relatively accessible EU destination with D8 nomad and D7 passive-income routes; a 2025 reform lengthened naturalisation to 7–10 years.

Best for

Remote workers (D8), passive-income residents (D7), founders and students.

Who this may not suit

People who need administrative certainty, or who plan to live on a local salary in Lisbon or Porto — residence backlogs are long and housing costs have outpaced local wages.

Main routes in

Key trade-offs

  • D7 requires proven stable passive income; it is not a work visa.
  • Naturalisation now takes 7 years (EU/CPLP) or 10 (others) after the 2025 reform.
  • AIMA appointment backlogs can delay residence steps.

First steps

  1. 1 Choose your route (D8/D7/work/student) and apply at the consulate.
  2. 2 Show income/means and get a NIF (tax number).
  3. 3 After arrival, complete your AIMA residence appointment.
  4. 4 Register for health cover (SNS) or hold private insurance.

What changes often

  • · D7, D8 and Golden Visa eligibility and closures
  • · The NHR successor tax regime and who qualifies
  • · AIMA appointment backlogs and renewal processing

Routes, income thresholds and nationality rules changed in 2025 — confirm on the Portuguese consulate and AIMA.

Living

Work

Immigration & Mobility

Education

Business

Company Registration
Entity types, registration process, required documents, costs, and official registries.
Business Banking
Opening business and personal bank accounts, remote options, required documents, and fees.
Investment
Foreign investment rules, incentives, investment promotion agencies, and restricted sectors.
Tax System
Corporate tax, VAT/GST, personal income tax, capital gains, and filing obligations.
Import & Export
Customs procedures, duties, de minimis thresholds, EORI/registration, and restricted goods.
Trademark & IP
Trademark registration, patents, copyright, official IP offices, and filing costs.
Compliance
Corporate, tax, employment, data-protection, AML/KYC, trade and AI compliance — official regulators and registries.
Corporate Compliance
Annual filings, registered-agent and beneficial-ownership obligations, and the official company registry.
Tax Compliance
Filing calendars, registration thresholds and the official tax authority.
Employment Compliance
Mandatory contracts, payroll and social-insurance registration, and the official labor authority.
Privacy & Data Protection
The country's own data-protection regime, registration duties, and its official supervisory authority.
AML & KYC
Anti-money-laundering and customer-due-diligence obligations, regulated activities, and the official financial regulator.
Import & Export Compliance
Customs registration, controlled/restricted goods, sanctions screening, and the official customs authority.
AI Regulations
The country's own AI governance approach, risk tiers, transparency duties, and its official authority.

Official Resources