Portugal’s castles, cobbled villages, cultural cities, captivating golden beaches — and golf courses — have long attracted British holidaymakers. Now it is also the top target for Brits looking for a post-Brexit bolthole in the EU. The surge in interest isn’t entirely down to the Iberian country’s worldly charms, though: its tax perks are equally attractive.
At the last count, 2,718 Britons had taken up the Non-Habitual Residents scheme, according to the Portuguese Foreigners and Borders Service (SEF). This offers a tax-free pension and foreign-sourced income for 10 years if you spend at least half the year in Portugal (see panel). “It’s effectively a tax holiday for your first decade of living in the country,” says Jason Porter, a director at the wealth adviser Blevins
