An aspect glossed over by many potential applicants is the array of tax benefits residency can offer. In Portugal, the non-habitual resident (NHR) tax regime offers substantial savings, particularly for retirees and high-net-worth individuals who move there.
Speaking of Spain, tax incentives for new residents can be quite appealing, especially for those who make Spain their main residence. Residents can benefit from the Beckham Law, a regime that affords top professionals a highly reduced income tax rate for the first six years.
In Greece, the flat tax rate on foreign income appeals to international investors looking to maximize their returns abroad. Yet, understanding these programs in depth with a local tax advisor is crucial to accurately assessing your unique situation and maximizing potential gains.
The full story of how taxes interlace with golden visas is still unraveling. There is an expertise behind the scenes that must be consulted for optimum benefits. Stay tuned as we reveal the even more enticing parts of this lookup ahead…