Finance
Seven Misconceptions About Portugal’s NHR Tax Program
Dateline: Bogota, Colombia Portugal is one of the countries in the European Union that can be cheaper than others. It’s a great country to get your tax residence in because…
Portugal
Nomad Passport Index Ranking
4T
Nomad Rank
107.50
Total Score
Country
Portugal
Capital City
Lisbon
Language
Portuguese
Currency
Euro
Region
Europe
Landlocked
No
Portugal
Nomad Passport Index Ranking
The passport of Portugal is currently ranked as 4T, with a total score of 107.50. Portugal passport ranking relative to other global passports is calculated by relying on the Portugal government's approach not just to travel, but also to international taxation laws, global perception, dual citizenship, and personal freedom as just the number of countries Portugal passport holder may visit won't tell the whole story and you will have to deal with far different requirements to pay tax, live freely, comply with regulations, and avoid scrutiny when traveling.
| 173 | 30 | 50 | 50 | 50 |
| Travel | Taxation | Perception | Dual Citizenship | Freedom |
Visa-Free Visa On Arrival Visa eTA Visa Required
Travel Destinations from Portugal 50% in total score
For the Portugal Travel score calculation, we relied on publicly available passport data and news sources to rank travel access. We calculate the Travel scores by summing up Visa-free, Visa On Arrival, and eTA countries. Based on that data, we assigned Portugal a Travel score of 173 as there are 121 countries that Portugal passport holders can enter without a visa (i.e. visa-free countries), 45 countries that allow Portugal passport holders to enter by obtaining a visa on arrival (i.e. visa-on-arrival countries) and 7 electronic travel authorization (eTA) destinations. Altogether, Portugal passport holders can enter a total of 173 destinations — either without a visa, through a visa on arrival, or via an eTA. Separate from these 173 destinations, there are 77 additional destinations which Portugal passport holders either need a physical visa to enter or an eVisa.
Taxation in Portugal 20% in total score
For the Portugal Taxation score calculation, we relied on data from our network of tax vendors, news sources, and tax authorities themselves. We assigned the lowest score of 10 to countries that tax citizens no matter where they live, scores of 20 or 30 to countries that allow citizens to relocate to avoid tax, 40 to those that don’t tax foreign incomes of resident citizens, and 50 to countries with zero tax. Based on that data, we assigned Portugal a Taxation score of 30, meaning that Portugal allows citizens to relocate to avoid tax.
LET US CREATE YOUR HOLISTIC OFFSHORE PLAN
Having a second residence in another country is a great way to diversify away from your home country, pay less in taxes, and possibly obtain a second citizenship, but are you sure that Portugal is the best option for you? Let our experienced team create and implement a bespoke, holistic strategy for you to legally reduce your tax rate offshore, protect your assets, invest overseas, obtain a second citizenship, and improve your peace of mind. We've helped 1,000+ HNWI entrepreneurs and investors and we can help you, too.
Perception in Portugal 10% in total score
For the Portugal Perception score calculation, we relied on the World Happiness Report, the Human Development Index, and subjective factors from our networks’ experiences to determine how each country’s citizens are received and recognized. We assigned the lowest score of 10 to those whose citizens are refused entry to a substantial number of countries and/or whose citizens encounter substantial hostility, scores of 20, 30, and 40 to countries whose citizens experience intermediate hostility, and 50 to countries ranked among the happiest in the world and whose citizens experience minimal hostility. Based on that data, we assigned Portugal a Perception score of 50, meaning that Portugal citizens experience minimal hostility.
Dual Citizenship in Portugal 10% in total score
For the Portugal Dual Citizenship score calculation, we relied on embassy data and our experiences to assess the ability to hold dual citizenship, ranging from a score of 10 for strictly forbidden to a score of 50 for freely allowed. We assigned the score of 10 and 20 to countries whose citizens are strictly forbidden to hold other citizenships, scores of 30 and 40 to countries whose citizens are often allowed to hold other citizenships but with certain restrictions, and 50 to countries whose citizens are almost always allowed to hold other citizenships. Based on that data, we assigned Portugal a Dual Citizenship score of 50, meaning that Portugal citizens are almost always allowed to hold other citizenships.
Freedom in Portugal 10% in total score
For the Portugal Freedom score calculation, we relied on data and news reports on mandatory military service, government surveillance, press freedom, and other factors to determine the personal freedom of citizens, travelers, and expats, with scores from 10 being the least free and 50 being the freest. We assigned the scores of 10 and 20 to countries whose citizens have low freedom, scores of 30 and 40 to countries whose citizens have intermediate freedom, and 50 to countries whose citizens have total freedom. Based on that data, we assigned Portugal a Freedom score of 50, meaning that Portugal citizens have total freedom.
ARTICLES FEATURING Portugal
Investing
Lisbon, Portugal Real Estate Investment Guide
Dateline: Mexico City, Mexico Who wouldn’t want to live in a friendly place where the sun shines year-round, the standard of living is high, crime is low, and the prices…
Investing
Portugal’s Golden Visa Fund
Update February 2023: Portugal has announced it is canceling this program. For information on alternative Golden Visa programs or advice on obtaining residency in Europe contact our team. Portugal’s Golden…
Global Citizen
Portugal Golden Visa: The Ultimate Guide
Update February 2023: Portugal has announced it is canceling this program. For information on alternative Golden Visa programs or advice on obtaining residency in Europe, contact our team. Portugal may…
SIMILAR PASSPORTS
Portugal
| Rank | 4T |
| Score | 107.50 |
| Travel | 173 |
| Taxation | 30 |
| Perception | 50 |
| Dual Citizenship | 50 |
| Freedom | 50 |
Portugal