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In an effort to attract foreigners, Portugal has introduced a "Non Habitual Residency" tax regime, commonly referred to simply as the NHR. This regime includes a number of tax exemptions and privileges, and its main purpose is to provide an opportunity to optimize taxes for certain groups of the population.

It is now very convenient to trade and profit from cryptocurrencies with NHR in Portugal. In case of a preferential tax regime, all transactions related to cryptocurrencies are not taxed. The NHR is currently very convenient for trading and profiting from cryptocurrencies in Portugal.

Under the terms of the NHR, any income received outside of Portugal is not taxable.

In order to apply for NHR status you need to have a NIF (don't worry if you don't have one, as we are always happy to help you apply for one), as well as a residence registration in Junta de Freguesia. You will also need to give us access to the portal das finanças, so that a member of our legal team can change your fiscal status (you can change your password after we complete the NHR processing).

After you complete the application, our legal team will complete the process to request NHR status for you. On average, it takes 2-3 weeks to process this request. After you complete the application, our legal team will complete the process to request NHR status for you.

The NHR essentially allows you to optimize your tax payments and significantly reduce the amount you owe the government. It's perfectly legal and functions in accordance with all tax laws. The NHR is a way to optimize your tax payments and significantly reduce the amount you owe to the state.