Momondo ranked Portugal #1 worldwide for living and working remotely, Contact us if you want to hire remote workers in Portugal. Income from high value-added activities in Portugal will be taxed at 20%. At Bright!Tax, we specialize in filing US taxes for expats, but our clients also get access to a network of vetted foreign filing partners in other countries (including Portugal)! Our, Working Remotely in Portugal: The Ultimate Guide, Remote work has never been more attractive and possible. Residents from many countries worldwide are free to enter Portugal under a short-stay tourist visa valid for 90 days without prior application. Using our service, you are eligible for partial reimbursement. It is the equivalent of a minimum salary, which is 8,460 per year. It also allows you to buy credit that you can use at multiple co-working spaces. You can also consider co-living spaces, which are hostels for freelancers and remote workers who can live and work together. Stay up to date with what you want to know. After these five years, you can apply for a residency permit based on your time in the country. Hungary's digital-nomad visa, formally called a "white card," has a slightly lower monthly income threshold of 2,000 euros and allows for visa-free travel through the Schengen Area. This visa and permit are geared toward non-European Union citizens who are earning income. These citizenships should apply as follows. For most Americans, living in Portugal will seem like a steal. Remote work in Portugal & taxes :), Portugal forum - expat The good news? Portugal is rated among the safest countries in the world by the Global Peace Index. Remote Worker? Exact visa fees fluctuate depending on the country where you are applying and the local currency. You can use public transportation in Portuguese cities or decide to purchase or rent a car. The country is known for being one of the most economic places to live in Europe. Another popular tax break for US expats is the FEIE. You must provide evidence that you have travel health insurance for you and your dependents for the first four months of your trip with a minimum coverage of 30,000 per person. However, if your visa is denied, you will receive a letter explaining why and telling you whether you have the right to appeal. Its even home to the UNESCO World Heritage Site, Since many tourists in the Algarve hail from the UK, English is widely spoken among the local population, so you wont need to worry about the language barrier. The pins are 19 mm long and 19 mm apart. Links to external websites do not constitute an endorsement. This article was updated on February 23, 2023. Portugal Employer of Record (EOR) | Boundless Portugal: New Rules on Remote Work in Portugal effective January 2022 There are currently no requirements to wear a mask or carry a vaccination card while in the country. Spain, Italy, Austria, Ireland, Belgium, Portugal, Greece, Poland, and France. If you set up shop and work remotely from Portugal for 183 days or less, you dont have to worry about income tax implications. A NIF is easy to obtain by visiting the closest Tax Office or Citizen Bureau (Financas or Loja do Cidadao) you can find a list of locations here. For instance, some people prefer to avoid crowds and densely populated areas. The D7 Passive Income Visa is available to those that can provide proof of an independent income. Unfortunately, theres a clause that authorizes the US to act as if that treaty doesnt exist. As a remote worker, while shifting your residency to Portugal, you may need to complete some paperwork. After five years of residency, you will be able to get Portuguese Citizenship. What are my options if I want to hire a remote employee in Portugal? Unlike most European countries, Portugal grants you the possibility of getting citizenship after five years of residency, which is a great option for you if you are a non-EU national, as you will be granted easy access to the EU area. How do taxes work for remote workers? It's complicated. - Vox The D7 visa offers the same benefits as the other two in terms of being able to bring family members, open local bank accounts, and travel freely within the Schengen area. Before making your Temporary-Stay Visa application, you should ensure that you are eligible and have all your documentation in hand. The main difference for Green Card holders is that you must ensure that your residence permit (Green Card) is valid for three months beyond the two years you are allowed in Portugal. But if you see yourself establishing roots in Portugal and starting an original business from scratch, an Entrepreneur Visa can serve you well until you gain citizenship. "Portugal is the next California," he said. You can arrange short and long-term accommodation through this service. You will find their booths at the airport once you arrive, and they offer different internet packages with a minimum of 3 GB. We use cookies to ensure that we give you the best experience on our website. After this five-year period, you can apply for permanent residency and eventually citizenship. It is worth mentioning that Portugal ranked the worlds best country for digital nomads in 2022. Read More: Moving To Portugal: Visa Options Explained. The region is known for its pleasant winter temperatures and stunning ocean view. Check Meetup and InterNations. Your income can also be passive, meaning youre earning money from intellectual property rights or affiliate business models. AC plugs and sockets in Portugal include Type C and Type F like in almost all Continental European countries. You will need to provide valid identification (passport), proof of residence (your visa), and proof of your address, either in Portugal or your home country. Another possible visa option is the D7 Visa also called the Passive Income Visa, which is open to non-EU citizens, as long as they can prove that they have sufficient funds to sustain themselves in Portugal. If you are applying at an Embassy, you must pay via money order at a local branch. Check, In addition to the options mentioned above, you can always go old school and book hotels or hostels, if you find any of them that suit your budget and requirements for working.