25 October 2023
A recent 2024 State Budget proposal law (SBPL n. º 109/XV/2.ª) has been introduced, and it contains several significant changes, including the elimination of the non-habitual resident tax regime (NHR), as we know it, although it foresees, in alternative, a new tax incentive for scientific research and innovation and a new extension of the “Return Program”.
In this regard, we have prepared the attached document in which we present a summary of the proposed measures.
We will closely monitor parliamentary discussions and any potential changes to the current wording of the 2024 State Budget Proposal.
We are, of course, at your disposal should you require specialized assistance in this area.
For more information, please do not hesitate to contact your team: