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Hrc1 Form

Hrc1 Form

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What makes the habitual residence legally valid?

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hi everyone my name is Mark Quinn I'm a Tax Advisor and childhood financial planner with the Spectrum IFA group in Portugal and in this video I'm going to be looking specifically at the non-habitual residence regime in Portugal what it is how you qualify and how best to plan for it [Music] so the non-habitual residence term in itself is quite confusing because non-habitual actually implies that you're not actually a resident here when in fact it means the opposite it means you are a resident but the term non-habitual means or refers rather to the main qualifying condition which is that you haven't been here as a tax resident in the last five years so as long as you haven't been such residence here in the last five years you qualify for non-abitual residents other than that there are really no other main conditions I mean you need an address here well that's obvious and it doesn't need to be a property you own so you can rent a pro

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