Taxmora

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Portugal’s famous NHR (Non-Habitual Resident) regime closed to new applicants in 2024. Its successor is the IFICI — named after the scientific-research and innovation incentives list, which everyone calls NHR 2.0. It keeps the most attractive piece of the old regime, a flat 20% rate on eligible employment income, but tightens who can enter and drops the old exemption for foreign income.

What IFICI gives you

The real difference from the old NHR

The legacy NHR exempted most foreign-source income (pensions, dividends, rent). IFICI does not — foreign income falls under the ordinary rules. IFICI is a rate benefit on your Portuguese professional income, not a blanket shield for your worldwide income. Plan accordingly: for someone living off foreign passive income, IFICI is far weaker than the old NHR.

What €80,000 looks like with and without IFICI

Engine output: Portugal 2026 parameters (marked provisional pending final AT publication). Single employee.
Scenario (€80,000)Income tax + social contributionsNet take-homeEffective rate
Standard progressive schedule€27,238€52,76134.1%
IFICI 20% flat€16,000€64,00020.0%

The €11,238 difference is the single largest regime swing across the five countries Taxmora covers — Portugal’s ordinary schedule is heavy at this income level, so a flat 20% changes the answer more than any other regime here.

What IFICI does not fix

Frequently asked questions

I already have NHR. Am I affected?
No. Existing NHR holders keep their regime for its original duration. IFICI is only for new applicants from 2024 onward.
Does IFICI cover dividends and rent?
No — the flat 20% applies to eligible employment and self-employment income. Foreign dividends, interest and rent follow the ordinary Portuguese rules.
Is the 20% rate certain for all ten years?
The regime sets it for the ten-year window, but Portuguese parliaments have changed regime details before. The engine cites Art. 58.º-A of the EBF and we track amendments.
Why is the 2026 table marked provisional?
Portugal’s 2026 bracket parameters were not yet finally published when this rule set was verified, so the engine labels the year provisional rather than guessing. The IFICI 20% itself is statutory, not provisional.

Run the numbers yourself

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