In a startling revelation on a television broadcasted interview, Portugal's Prime Minister has declared the discontinuation of the NHR tax regime for new entrants beginning in 2024. Although an official government position is yet to be established, the decision seems to be irrevocable.
To better understand the specifics of this change, we can expect more information next week when the Budget Law proposal is presented to the Portuguese Parliament.
Considering these new developments, it is recommended the following actions:
In light of the Prime Minister's unexpected announcement regarding the NHR tax regime, swift action is imperative. The forthcoming Budget Law proposal will shed more light on this issue. For now, we urge everyone affected to act promptly to secure their eligibility for the NHR status.
Should you have any further inquiries regarding this matter, please do not hesitate to reach out. We are delighted to offer our assistance and support.
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