Tax treaties between countries have gradually eliminated unfair double taxation on the same income and the resident’s country is often allowed to collect the tax. On this basis, Portugal has decided not to levy tax on income from other countries.

The Portuguese legislation allows that income originated outside the country and derived from the work of self-employed persons or professionals, from real estate, from interest and dividends, may be benefited from the exemption programme.

There is also no tax on wealth, inheritance or donations.