IFICI (Incentivised Tax Status for Scientific Research and Innovation)

Portugal's successor regime to the Non-Habitual Resident (NHR) programme, introduced in 2024 after NHR was closed to new entrants. IFICI offers qualifying new Portuguese tax residents a 20% flat rate on Portuguese-source income from eligible high-value activities (scientific research, higher education teaching, qualified start-up roles) and an exemption on most foreign-sourced income for up to 10 years. Eligibility is narrower than NHR: applicants must work in a qualifying sector or for a qualifying employer. Foreign pension income — exempt under old NHR — is now taxed under general rules, a significant change for retirees who had planned around the earlier regime.