NHR MADEIRA NEWS : Your Ultimate Guide to Relocating in 2024

Are you ready for a life of luxury, innovation, and natural beauty? Look no further than the enchanting island of Madeira, where the revamped Non-Habitual Resident (NHR) regime awaits to redefine your lifestyle in 2024.

Come January 1, 2024, the NHR regime will undergo significant changes, marking the end for new residents. However, there's an exclusive opportunity for those who act swiftly—Madeira is set to become one of the last havens for NHR benefits in 2024.

Why Choose Madeira?

1. Strategic Location: Nestled in the Atlantic, Madeira's prime location ensures easy connectivity to major European cities. Direct flights from London, Madrid, Zurich, and just a 1.5-hour flight from Lisbon make it a hub for global accessibility.‍
2. Luxury Living: Indulge in opulent living amidst nature's wonders. Upscale residences and exclusive amenities create a haven of comfort, promising a lifestyle of unparalleled luxury.‍
3. Digital Nomad Paradise: With the world embracing remote work, Madeira emerges as a haven for digital nomads. Experience the perfect blend of work and leisure against a backdrop of breathtaking landscapes.‍
4. Madeira International Business Center: 5% Corporate Tax Rate: Adding to the appeal, the Madeira International Business Center is offering a compelling 5% corporate tax rate. This creates an exceptional option for businesses seeking favorable tax conditions.
   
   

Seize Your Opportunity: Relocate to Madeira in 2024

The clock is ticking, but there's still time to make the move. Secure NHR advantages in Madeira by holding a job position or engaging in activities as a tax resident in the Autonomous Regions of Madeira and the Azores (under terms soon to be defined by regional decree in the following weeks).

Exclusive Access: Madeira stands as one of the last gateways to the NHR regime. Act now to enjoy this exclusive opportunity before the door closes.

Strategic Residency: Position yourself strategically by relocating your tax residency to the Autonomous Regions of Madeira and the Azores.

Ten Years of Foreign Tax Exemption: Perhaps the most enticing feature—foreign tax exemption for 10 years! Until 2034, Madeira offers the best tax advantages in Europe, allowing you to maximize your financial potential.

Stay Tuned with DRP Advisers: DRP Advisers will keep you updated as soon as the regional decree is published. While the law is in proposal stages, it's already evident that a new tax resident in Madeira will qualify for the NHR regime. This solidifies Madeira as the best option in Portugal and Europe. Stay tuned and prepare yourself for a new chapter in the vibrant landscape of Madeira.

Whether you're an entrepreneur, a high net worth individual, or a digital nomad, Madeira beckons with promises of a vibrant life. Embrace NHR in 2024, and let Madeira be the canvas for your extraordinary journey. Your dream life starts here.

Our team at DRP Advisers is geared up to support you every step of the way, ensuring that the process remains as seamless as possible. So, if you've ever contemplated making a move, the moment is now.

Don't hesitate to get in touch with us for further details, insights, or clarifications. We're here to assist.

DRP Advisers is a consultancy with offices in Lisbon and Madeira dedicated to helping investors immigrate to Portugal via the Portugal Golden Visa and eventually attain EU Citizenship for themselves and their families. DRP Advisers was founded in 2015 and has a proven track record of making the immigration process to Portugal effortless.