DIGITAL NOMAD
Under the program, eligible participants can benefit from a streamlined application process and obtain a temporary residence permit known as the "D8 Visa." This visa allows individuals to work remotely for clients or employers outside of Portugal without the need to engage in local employment.
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Portugal's Digital Nomad Program offers several advantages, including a favorable tax regime. Digital nomads can benefit from the Non-Habitual Resident (NHR) tax regime, which offers significant tax advantages, including potential tax exemptions on foreign-sourced income for a period of ten years.
In addition to the tax benefits, digital nomads can enjoy Portugal's affordable cost of living, diverse and welcoming communities, and a mild Mediterranean climate. The country's well-developed infrastructure, reliable internet connectivity, and co-working spaces make it an ideal destination for remote work.
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Moreover, Portugal's strategic location in Europe allows digital nomads to easily explore other European countries during their stay. With its efficient transportation system and proximity to major cities, Portugal serves as a convenient base for travel and exploration.
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It's important to note that the specifics of the Digital Nomad Program may evolve over time, and it's essential to consult official sources or seek professional advice for the most up-to-date information and requirements.
Overall, Portugal's Digital Nomad Program presents an exciting opportunity for individuals seeking a flexible lifestyle, combining work and exploration in a captivating European setting.