João Riscado Rapoula and André Vilaça Ferreira sign the article ‘Overview of Portugal's new tax incentive for scientific investigation and innovation’, published by International Tax Review.

This article explores the new Portuguese tax regime, known as NHR 2.0, which was introduced by the State Budget for 2024 and replaces the former tax regime for Non-Habitual Residents (Non-Habitual Resident or NHR). The new regime is aimed at individuals who become tax residents in Portugal and who carry out professional activities in strategic areas, such as scientific research and innovation.

In addition to presenting the advantages of NHR 2.0, the article details the eligibility criteria and the main features of the regime, explaining the conditions necessary to benefit from the tax incentives. It also addresses the associated challenges, such as increased bureaucratic complexity and the need to maintain a qualified activity throughout the entire period of the regime.

• The full article is available here.