🇵🇹 Portugal
Europe's top destination for digital nomads and retirees
Visa Options
- D7 Passive Income Visa (2 years (renewable)) — Proof of €760/mo passive income
- Digital Nomad Visa (1 year) — €3,040/mo income, remote employment
- Golden Visa (5 years → citizenship) — €500k+ investment
- D2 Entrepreneur Visa (2 years) — Business plan, €5k+ capital
Tax Overview
- Income Tax: 14.5% – 48% (progressive)
- IFICI (NHR 2.0): 20% flat rate for 10 years — replaced classic NHR (closed to new applicants since Jan 2024); limited to qualifying roles (R&D, higher education, startups, strategic-investment companies); does not cover foreign pension income, unlike the old NHR
- Corporate Tax: 21%
- VAT: 23%
Cost of Living
- Comfortable living (single, typical): €1,500 – €2,000/mo
- 1BR Apartment (Lisbon): €900 – €1,350/mo
- 1BR Apartment (Porto): €650 – €950/mo
- Groceries: €250 – €380/mo
- Utilities: €100 – €160/mo
- Dining out: €10 – €22/meal
- Public transport: €35 – €45/mo pass
Relocation Checklist
- Apply for NIF (tax number) — can be done remotely
- Open a Portuguese bank account
- Gather apostilled documents
- Schedule visa appointment at consulate
- Book initial accommodation (min 1 month)
- Register with local SEF office upon arrival
- Apply for residency card
- Register with local health center