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"Non-Habitual Resident Scheme is replaced by a 'stricter' tax incentive - now what?" (with Francisco Castro Guedes)
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Idealista October 13 2023

"Non-Habitual Resident Scheme is replaced by a 'stricter' tax incentive - now what?" (with Francisco Castro Guedes)

"Non-Habitual Resident Scheme is replaced by a 'stricter' tax incentive - now what?" (with Francisco Castro Guedes)

«"The main concern of international investors is stability," emphasises Francisco Castro Guedes, Managing Associate of the SRS Tax Department.
[...]
"(...) the arrival of new residents in Portugal has contributed to the attraction of investment and to the growth of the Portuguese economy, including job creation and increased consumption", summarises Francisco
 Castro Guedes. And, recognising the importance of NHR for the economy, the SRS tax expert also believes that "the change in the legislative framework will act as a brake, transferring these investors to other European
European countries and jeopardising the growth of the country's economy".
[...]
Francisco Castro Guedes, of SRS, says that he doesn't think it's "admissible that the government has taken on these advantages [of the RNH] for the last eight years and that it unexpectedly wants to put an end to it".»

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