Portugal becomes a more attractive destination for young and retired Brazilians
Portugal has become a popular destination for Brazilian retirees, and the recent discussion of Supreme Federal Court (STF) promises to make the country even more advantageous. Although the STF ruling is still awaiting publication, the decision may be retroactive to contributions from the last five years and provides for the end of the 25% tax rate on income from pensions paid abroad. In other words, a great relief for the approximately seven thousand Brazilian retirees who live in the country.
Before the decision, all income received abroad, regardless of the amount, suffered an automatic discount of 25% at source, which harmed many Brazilians who had declared tax exit from Brazil.
With this change, retirees living in Portugal will be able to pay less taxes, in addition to recovering part of what was paid in the last five years. This represents an opportunity to save money and improve the quality of life during retirement in the country.
Read the full story on here.
Portugal can also bring benefits to people up to 35 years old
For younger Brazilians up to 35 years old, Portugal also offers attractive financial incentives.
The IRS for Young People, a measure that is part of the government's budget for 2025, provides for progressive discounts on income tax for young workers, including Brazilians:
- full exemption in the first year
- 75% from second to fourth year
- 50% from fifth to seventh year and
- 25% from eighth to tenth grade
The proposal aims to attract and retain foreign talent, offering an ideal scenario for those who want to start their career or seek new professional opportunities in Portugal.
This special tax regime currently has an age limit of 30 and is valid for five years. In addition, young people who already reside in Portugal but have not yet filed an income tax return can also benefit from these benefits. Read the full report on here.
Portuguese citizenship facilitates immigration to Portugal and other European Union countries
Get the Portuguese citizenship opens many doors, both for retirees and young professionals. In addition to guaranteeing the right to live and work in Portugal, citizenship offers the freedom to reside in any country of the European Union. This means that with a Portuguese passport, it is possible to easily move to other destinations such as Spain, France, Germany, United States and many others, taking advantage of all the advantages and rights offered to European citizens.
For those who have Portuguese parents, grandparents or great-grandparents, the process of obtaining citizenship is relatively simple and straightforward. For those who wish to apply for citizenship by via Sephardic, a genealogical investigation is necessary to prove the descent from Sephardic Jews.
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