Transcription of Individual Taxation - PwC
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S best kept secretIndividual Taxation Why Portugal should be your top tax choice2 europe s best kept secretWhy Portugal should be your top tax choicePortugal provides an excellent quality of life for the modern investor or businessman. The tax regime for individuals is very attractive, surpassing other regimes in many ways. The low effective tax burden, further enhanced by the regime for non habitual residents, the free remittance of funds, the friendly residence permit regime (allowing for free movement within the Schengen Portugal is part of the European Union, the Euro Zone and the Schengen area. With a stable political and social environment, a secure society, a highly skilled and English fluent labour force and an excellent quality of life, Portugal offers a favourable investment climate.)
4 Europe’s best kept secret 1. Since 2009 there has been a 20% flat rate for certain Portuguese-source income (employment and self-employment income), and an exemption for almost all foreign
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