
How to Stay Motivated as a Digital Nomad
Let us give you some non-definitive tips on how to stay motivated while working as a digital nomad:
Portugal’s Non-Habitual Residency (NHR) Program
Portugal’s Non-Habitual Residency (NHR) program offers tax perks for foreign nationals who become tax residents in Portugal. Digital nomads are eligible for this program, as long as they meet the requirements.
Under the NHR program, foreign nationals can enjoy a 10-year tax holiday on most foreign income, including income from freelancing or remote work. This means that if you earn income from a source outside Portugal, you may not have to pay tax on that income in Portugal.
However, there are some conditions that you must meet to qualify for the NHR program. You must:
- Be a non-resident in Portugal for the previous five years.
- Register as a tax resident in Portugal.
- Intend to remain in Portugal for more than 183 days per year.
- Have a residence in Portugal that is deemed your primary residence.
- Be able to prove that you are not a resident of any other country for tax purposes.
Once you meet these requirements, you can apply for the NHR program and enjoy the tax benefits it offers. However, it is important to note that the tax treatment of digital nomads is still a relatively new area of law, and the rules may change over time. It is recommended that you consult with a tax professional before making any decisions based on the NHR program.
If you’re considering becoming a digital nomad, reach us here. Check here to use our Digital Nomad Calculator and determine if you meet the government requirements to live and work in this captivating country.
If you’re eager to explore Portugal further, you may also find valuable insights from various indexes that highlight the country’s strengths. Check out several Portugal indexes at Prismaat to learn more about its economy, lifestyle, and overall living standards.