Taxes on Pensions

Hi,

I believe that you refer to the "Tax regime for non-habitual residents" in force in Portugal. Pursuant to this regime:

    - For a period of 10 years, taxation related to IRS (personal income tax) on labour income in Portugal is at a fixed rate of 20%
    - There will be no double taxation for pensions or for employment and self-employment income obtained abroad.

I hope this was helpful.

Rafael

Yes, it is helpful. Thank you for your reply

@Roy,

Not valid for pensionist comming from the public sector. From private sectors pensionist there is a tax exemption that is alluring a lot of French retirees over the last years.
Post on spanish for you to read : http://portugalresident.com/portugal-is … h-retirees
The legal frame work is volatile, and there is some pressure to review the tax heaven previously created from popular pression. For brit´s expat living mainly in the Algarve area, the brexit is a concern. In your situation try to network further and evaluate if this scenario is still appealing for you.