Once the status is obtained, for which validation by the Portuguese tax authorities is required, the taxpayer acquires the right to be taxed as a non-habitual resident for a period of 10 consecutive years, after which the general rules set out in the IRS Code will apply.
In practical terms, the non-habitual resident status (available since 2009) grants the persons concerned (whose work is carried out in Portugal or abroad) tax benefits in relation to the following types of income:
. Income from employment or self-employment earned in Portugal: arising from the exercise of activities considered to be of high value added, according to the list approved by ordinance of the Minister of Finance.
. Income from employment or self-employment abroad: resulting from high value-added activities, pensions or passive income (rental, investment income or capital gains).