Can you use the NHR to pay 0% crypto taxes?

NHR stands for Non Habitual Resident and is a special tax status in Portugal. Find here the flyer from the Portuguese authorities: info.portaldasfinancas.gov.pt...
⚖️CRYPTO & TAXES PORTUGAL ⚖️
💻www.cryptotaxesportugal.com
We assist in:
- Residence plan: How to become a resident in Portugal
- IRS calculation of the taxes expected to pay
- IRS submission to Finanças
- Requesting the NHR status
- Setting up an activity (Freelance) incl. 1 invoice
- E-balcao, communication with Finanças
👍-Follow us-👍
►Crypto & Taxes Portugal website: www.cryptotaxesportugal.com/
►Follow us on Twitter: / taxes_crypto
►Follow us on Linkedin: / cryptota. .
Contact us on: [e-mail]
⚠️disclaimer⚠️
This video is not financial advice or legal advice. This video is only meant for entertainment purposes. Before you invest and/or make decisions impacting personal taxes, do your own research or contact a certified financial adviser or lawyer.
Crypto Tax Tips, Crypto Taxation, Crypto Regulation, Tax Filing, Cryptocurrency Taxes, Tax Laws, IRS Guidelines, Cryptocurrency Regulation, Tax Advice, Tax Compliance, Crypto Tax Planning, Tax Implications, Cryptocurrency Reporting, Crypto Investments, Tax Returns, Crypto Accounting, Crypto Compliance, Crypto Legalities, Tax Season, Cryptocurrency Legislation, Tax Savings, Crypto Investors, Tax Tips and Tricks, Crypto Lawyers, Tax Updates, Cryptocurrency Accounting, IRS Compliance, Crypto Tax Experts, Tax Planning, Cryptocurrency Law, Tax Deductions, Portugal

[@zoidbergius]

well described

[@cryptaxpt]

Thank you my friend!!

[@Continen25]

But if you hold your cryptos for more than 1 years is 0% tax if you have the NHR. Is it correct ?

[@cryptaxpt]

NHR has nothing to do with crypto. There is not benefits in crypto for NHR holders. the 365 day holding period is ONLY for Capital Gains and not for other incomes.

[@user-mp2wb7qv2h]

Don't think I have seen this clarified anywhere but with NHR and the option for "englobamento" would it allow the use the 20% income taxation rate for the sale of crypto assets under the 1 year period? (as opposed to 28%)

[@cryptaxpt]

No, NHR has 0 impact on crypto investments.

[@user-mp2wb7qv2h]

Thanks! @@cryptaxpt