What is a Rebase?
rebase.co appears to be the official website of a service called "Rebase®." Rebase® is a platform designed to assist individuals in obtaining Portuguese residency, particularly through the Non-Habitual Resident (NHR) program. The NHR program in Portugal offers tax benefits and residency opportunities to attract remote workers and professionals from around the world.
rebase is the online platform for Rebase®, which aims to facilitate the process of obtaining Portuguese residency for those interested in relocating to Portugal, especially remote workers and high-skilled professionals.
Who uses it?
Rebase appears to be used by individuals who are interested in obtaining Portuguese residency, particularly through the Non-Habitual Resident (NHR) program in Portugal. The website offers services and assistance to help people become legal and fiscal residents in Portugal. Here are some groups of people who may use Rebase.co:
Remote Workers and Digital Nomads: Rebase is designed to cater to remote workers and high-skilled professionals who have remote jobs, such as tech jobs, software developers, UX designers, and copywriters. The Portuguese government aims to attract these individuals to Portugal, and Rebase offers support in the residency application process.
Individuals from Any Nationality: Rebase is open to people of any nationality, including non-European Union (EU) citizens. It provides information on eligibility criteria and steps for applying for the NHR program.
EU Citizens: Rebase also provides information and services for EU citizens who are interested in taking advantage of the NHR program and relocating to Portugal.
People Seeking Tax Advantages: Portugal offers tax benefits through the NHR program, and individuals looking to minimize their tax obligations may use Rebase to navigate the process.
Those Seeking Assistance with Residency Setup: Rebase offers services related to the immigration process, tax representation, residency address registration, and NHR application, making it useful for individuals who want assistance with the administrative aspects of obtaining Portuguese residency.
People Interested in Portugal's Benefits: The website highlights various advantages of living in Portugal, such as a 0% wealth tax, a fast track to an EU passport, a 94% vaccination rate, and a growing economy. People interested in these benefits may explore Rebase for more information.
Rebase offers a range of features and services aimed at helping individuals obtain Portuguese residency through the Non-Habitual Resident (NHR) program. Below are the key features and offerings of Rebase as outlined :
Portuguese Residency Assistance: Rebase assists individuals in becoming legal and fiscal residents in Portugal, particularly those who are looking to take advantage of the NHR program. This program is designed to attract remote workers and high-skilled professionals to Portugal.
Streamlined Residency Process: The platform aims to simplify the process of obtaining Portuguese residency, removing lengthy paperwork, legal complexities, and numerous fees. It essentially acts as an immigration-as-a-service (IaaS) provider.
Eligibility + Steps: Rebase provides information on the eligibility criteria for the NHR program. It outlines the requirements, such as having a high-skilled job, being of any nationality (including non-EU citizens), and not being a Portuguese resident in or after 2018.
Tax Services: Rebase offers tax-related services, including tax representation, Portuguese tax ID (NIF) requests, and support in registering a residency address. It also assists with filing annual tax returns and handling various tax obligations.
Pricing: The platform has a pricing structure for its services, which includes fees for onboarding calls, residency setup, tax obligations, freelancer setup (optional), and freelancer obligations (optional). The pricing may vary depending on an individual's unique circumstances.
Benefits of Portugal: Rebase highlights the benefits of living in Portugal, including 0% tax on dividends, 0% wealth tax, 10% tax on foreign-sourced pensions, and 20% tax on freelancing income. It also mentions the absence of a minimum stay requirement for EU citizens.
Fast Track to EU Passport: Rebase explains that after living in Portugal for five years and obtaining permanent residence, individuals can apply for Portuguese citizenship with a European passport after another year.
Real Estate Ownership: It emphasizes that foreigners can 100% own land and real estate in Portugal, even if they decide to leave the country in the future. This makes it attractive for investment purposes.
Information on Portugal: The platform provides information about Portugal, highlighting factors such as its remote worker-friendly environment, affordability, mild climate, and its status as the fastest-growing EU economy in 2022.
Vaccination Rate and Friendliness: Rebase mentions Portugal's high COVID-19 vaccination rate and the friendliness of its people. It also notes that Portuguese citizens are proficient in English.
Testimonials: The website features testimonials from individuals who have used Rebase services, sharing their experiences and satisfaction with the platform.
Growth Statistics: Rebase indicates that it helps a percentage of people moving to Portugal, mentioning that it assists around 2% of the 64,000 people who move to Portugal each year (based on the current rate of 100 users per month).
Global Accessibility: Rebase is open to people from anywhere in the world, including non-US and non-EU citizens, as long as they have high-skilled remote jobs.
It's important to note that Rebase primarily focuses on assisting individuals in obtaining Portuguese residency and navigating the associated tax and administrative processes. The platform aims to attract remote workers and those seeking the benefits of living and working in Portugal.
Why Portugal is actively seeking foreigners?
I can provide more information on why Portugal is actively seeking foreigners to live, work, and invest in the country, especially in light of its declining population and the economic impact of the 2008 Financial Crisis.
Population Decline: Portugal has been experiencing a decline in its population over the years. This demographic trend is attributed to several factors, including an aging population, low birth rates, and emigration. Many young Portuguese citizens have been leaving the country in search of better economic opportunities elsewhere. This population decline has raised concerns about the country's long-term economic and social sustainability.
Economic Impact of the 2008 Financial Crisis: Portugal, like many other European countries, was significantly affected by the global financial crisis that began in 2008. The crisis had a devastating impact on Portugal's economy, leading to recession, high unemployment rates, and fiscal challenges. The country faced the need for economic recovery and growth.
Attracting Foreign Talent: To address these challenges, the Portuguese government has adopted policies to attract foreign talent, including high-skilled workers, entrepreneurs, and investors. By welcoming foreigners, Portugal aims to bolster its workforce, encourage economic growth, and offset the effects of population decline.
NHR Program: One of the key initiatives aimed at attracting foreigners is the Non-Habitual Resident (NHR) program. This program offers tax incentives to foreign residents, such as tax exemptions on foreign income, dividends, and wealth. These tax benefits make Portugal an attractive destination for individuals seeking to minimize their tax liabilities while enjoying a high quality of life.
Fast-Track to Residency and Citizenship: Portugal offers a relatively fast track to permanent residency and, eventually, citizenship for foreign residents. This process is quicker compared to many other European countries, which can take 10-15 years. This is appealing to individuals who want to establish long-term roots in Europe.
Remote Work-Friendly Environment: Portugal is known for its remote work-friendly environment. The country offers affordable living costs, pleasant weather, and a growing community of digital nomads and remote workers. This makes it an attractive destination for those who can work remotely from anywhere.
Investment Opportunities: Portugal allows foreigners to own land and real estate, even if they decide to leave the country in the future. This flexibility is appealing to investors who see opportunities in the Portuguese real estate market.
Portugal's efforts to attract foreigners stem from a combination of economic challenges, population decline, and a desire to stimulate economic growth. The country has implemented policies and programs, such as the NHR program, to make Portugal an enticing destination for individuals looking to live, work, and invest in a European country with favorable conditions.
Advantages of Living in Portugal
Certainly, let's delve into more detail about the tax advantages of living in Portugal, which are a central aspect of the Non-Habitual Resident (NHR) program and can have a significant impact on an individual's financial situation:
0% Tax on Foreign-Sourced Income: One of the most attractive aspects of the NHR program is that individuals who qualify can benefit from a 0% tax rate on foreign-sourced income. This means that if you have income from sources outside of Portugal, such as dividends, interest, rental income, or capital gains from investments in foreign countries, you won't be subject to Portuguese income tax on those earnings. This can result in substantial tax savings for individuals with significant foreign income.
0% Wealth Tax: Portugal does not impose a wealth tax. Wealth tax, also known as net wealth tax or solidarity tax, is a tax on an individual's net wealth, which includes assets such as real estate, bank deposits, investments, and other valuables. The absence of a wealth tax in Portugal means that individuals are not taxed on their accumulated wealth, which can be particularly advantageous for those with substantial assets.
10% Tax on Foreign-Sourced Pensions: Under the NHR program, foreign-sourced pension income is subject to a flat 10% tax rate. This is significantly lower than the regular progressive tax rates that apply to pension income in many other countries. Retirees can benefit from this reduced tax rate on their pensions, making Portugal an appealing retirement destination.
20% Tax on Freelancing Income: For those engaged in freelance or self-employed work, the NHR program offers a fixed 20% tax rate on such income. This can be advantageous compared to the progressive tax rates that might apply in other countries, especially for high-earning freelancers or self-employed professionals.
Double Taxation Agreements: Portugal has double taxation agreements with many countries. These agreements are designed to prevent individuals from being taxed twice on the same income (once in Portugal and once in their home country). This provides additional tax relief and clarity for residents who have income sources in multiple countries.
Tax Benefits for Researchers and High-Skilled Professionals: The NHR program also offers tax benefits for researchers and high-skilled professionals, making Portugal an attractive destination for individuals in these fields. These benefits may include reduced tax rates and exemptions on specific types of income.
It's important to note that while these tax advantages can be highly appealing, eligibility for the NHR program may have specific requirements, including the type of income, residency status, and other factors. Additionally, tax laws can change over time, so it's advisable to consult with tax professionals or legal advisors who specialize in Portuguese tax law and residency matters for the most accurate and up-to-date information regarding tax benefits in Portugal.
What is an NHR Program?
The NHR (Non-Habitual Resident) program is a special tax regime in Portugal that is designed to attract foreign residents, particularly high-skilled professionals, retirees, and investors. It offers a range of tax benefits and exemptions to individuals who qualify for this status. The NHR program in Portugal was introduced to attract foreign residents and investors, boost economic growth, and address demographic challenges, including population decline. Here are the key features and benefits of the NHR program in Portugal:
Reduced Income Tax Rates: Under the NHR program, eligible individuals can benefit from reduced income tax rates. Instead of the progressive income tax scale that can go up to 48%, NHR participants pay a flat income tax rate of 20% on certain types of income sourced in Portugal.
Exemption on Foreign Income: One of the significant advantages of the NHR program is the exemption on most foreign-sourced income. This means that income earned outside of Portugal may not be subject to Portuguese taxation. It includes items like foreign pensions and income from investments abroad.
Tax Exemptions on Wealth and Inheritance: NHR participants may also benefit from exemptions on wealth tax and inheritance tax in Portugal. This can be particularly advantageous for individuals with significant assets or those planning to pass on their wealth to heirs.
Tax Benefits for Professionals: The program is open to various categories of individuals, including retirees receiving pensions from overseas and professionals, including self-employed individuals. Professionals in specific high-skilled job categories can enjoy the 20% flat tax rate on Portuguese-source income.
Fast-Track to Residency: NHR participants can become legal residents in Portugal relatively quickly. After residing in Portugal for five years, they can apply for permanent residency. After one more year, they become eligible to apply for Portuguese citizenship.
Benefits for Retirees: Retirees who receive pensions from foreign countries can find Portugal's NHR program particularly attractive due to the tax benefits and the overall quality of life in the country.
Remote Work-Friendly: Portugal's NHR program has become increasingly popular among remote workers and digital nomads who can work from anywhere. The tax incentives make it an appealing destination for those seeking a pleasant work-life balance.
Geographic Location: Portugal's strategic location in Europe makes it a convenient base for travel to other European countries and beyond.
It's important to note that the NHR program has specific eligibility criteria, and the benefits are subject to certain conditions and may change over time. Therefore, individuals considering the NHR program should seek advice from tax and immigration professionals to understand how it applies to their unique circumstances. Additionally, the program typically has a limited duration of 10 years for most tax benefits.
The eligibility details for the Rebase Portuguese residency program, particularly under the Non-Habitual Resident (NHR) program, are outlined on the provided web page. Here are the eligibility criteria:
For Everyone (Global Eligibility):
You will apply for the NHR program.
You have high-skilled jobs, such as tech jobs, software developers, UX designers, copywriters, and other high-value professions.
You can be of any nationality, including non-European Union (EU) citizens.
You cannot apply if you were already a Portuguese resident in or after 2018.
You cannot apply if you actively hold a prominent political position.
For EU Citizens:
You do not need to spend a minimum amount of time in Portugal.
You do not need to rent or own a house (but can if you like!).
You will register for residency at city hall.
For Non-EU Citizens:
The platform is open again for non-EU citizens.
Your worldwide income is subject to US income tax, regardless of where you live, if you are a US citizen. There is a foreign-earned income exclusion around $110k/year if you're outside the US for 330 days per year. However, any amount above that is subject to US tax.
Please note that the eligibility criteria may evolve or change, so it's essential to verify the latest requirements and consult with an immigration advisor during the Rebase® onboarding call for the most up-to-date information.
High-skilled jobs for NHR eligibility in Portugal
Rebase primarily targets individuals with high-skilled jobs in specific professions designated by the Portuguese government to be eligible for NHR benefits. These professions include directors of companies, specialists in various fields, physicians, dentists, university professors, and others as specified by the Portuguese government.
Professional Activities Eligible for NHR Benefits (2020 Amendment):
112 – Director General and Chief Executive of companies
112 – Directors of administrative and commercial services
113 – Directors of production and specialized services
114 – Directors of hotels, restaurants, stores, and other services
121 – Specialists in the physical sciences, mathematics, engineering and related techniques
221 – Physicians
2261 – Dentists and Stomatologists
231 – University and higher education professors
25 – Specialists in information and communication technologies (IT)
264 – Authors, journalists and linguists
265 – Creative artists and performative arts
31 – Technicians and professionals of science and engineering, of intermediate level
35 – Technicians of information and communication technology, market-oriented.
61 – Market-oriented farmers and skilled workers in agriculture and animal production
62 – Market-oriented skilled workers in forest, fishing and hunting
7 – Skilled workers in industry and construction and handicraftsmen, including particularly skilled workers in metallurgy, metal mechanics, food processing, wood and clothing, craftsmanship, printing, manufacturing precision instruments, jewelers, craftsmen, electricity and electronics workers.
8 – Operators of installations and machinery and assembly workers, in particular fixed plant operators and machinery.
These professions are considered eligible for the Non-Habitual Resident (NHR) program in Portugal, which offers various tax benefits and incentives to individuals engaged in these high-skilled occupations. Please note that this information is based on the 2020 amendment, and individuals should verify the current eligibility criteria with relevant authorities or experts when considering the NHR program.
It's important to note that the list of eligible professional activities may be subject to updates or changes by the Portuguese government. Therefore, individuals considering the NHR program should verify the current list of eligible professions and consult with tax and immigration advisors for the most up-to-date information and guidance.
Pros and Cons
Assistance with Residency: Rebase offers assistance with obtaining Portuguese residency, which can be a complex process. This service can be particularly beneficial for individuals looking to relocate to Portugal.
Tax Guidance: Rebase provides information about tax-related benefits in Portugal, including exemptions on foreign income, crypto, dividends, and wealth tax. This guidance can be helpful for individuals seeking tax-efficient options.
Saves Time: Using Rebase may save individuals time and effort in navigating the immigration and tax processes in Portugal, as the service offers support and expertise.
Expertise: Rebase claims to work with immigration advisors and tax experts, which can provide individuals with access to professional guidance and insights.
Remote Worker-Friendly: Rebase emphasizes Portugal's appeal to remote workers, including its affordability, favorable tax conditions, and a growing economy, making it attractive for those with high-skilled jobs.
Cost: Using Rebase involves various fees, including onboarding fees, residency setup fees, and tax-related fees. These costs may add up, and individuals should carefully consider their budget.
Limitations: Rebase mentions that its services are subject to certain conditions and may not apply to everyone's situation. Users should be aware that the benefits and eligibility criteria can change over time.
Non-Refundable Fees: Some fees, such as the onboarding call fee, are mentioned as non-refundable unless not executed yet. Users should be aware of the refund policies before using the service.
Not Legal or Tax Advice: The disclaimer on the website states that Rebase does not offer legal or tax services but acts as a referrer to immigration and tax advisors. Users should be clear on the nature of the services provided.
Subject to Change: Information provided on the website, including benefits and conditions, is subject to change and may not be up-to-date. Users should verify the latest details.
Onboarding Call (EU):
Original Price: $500
Discounted Price: $250
Residency Set Up:
Tax Obligations (Per Year):
Freelancer Set Up (Optional):
Freelancer Obligations (Per Year, Optional):
If you need more specific information or have additional questions about these services, you can contact Rebase® directly through their website for the most up-to-date and detailed information.
Frequently Asked Questions (FAQs)
How does Rebase help with Portuguese residency?
Rebase provides support for the immigration process, tax representation, assistance in registering residency addresses, and NHR applications.
Is Rebase only for EU citizens?
While Rebase mentions services for EU citizens, it may also assist individuals from other countries. Specific eligibility criteria and services may vary.
What are the costs associated with using Rebase?
Rebase has various fees, including onboarding call fees, residency setup fees, and tax-related fees. Users should review the pricing details on the website.
Is Rebase legitimate and reliable?
Some answers in the search results suggest that Rebase is considered legitimate and reliable. However, users should conduct their own research and due diligence.
Can I apply for Portuguese citizenship through Rebase?
Yes, once you have permanent residence in Portugal (typically after 5 years), you can apply for Portuguese citizenship. Rebase may assist in this process.
Are there any limitations or conditions for using Rebase services?
Rebase mentions that its services are subject to certain conditions and may not apply to everyone's situation. Users should consult with immigration advisors for specific advice.
Is Rebase a legal or tax advisor?
No, Rebase does not offer legal or tax services. It acts as a referrer to immigration and tax advisors. Users should seek professional advice for their specific legal and tax needs.
What is the current status of Rebase applications?
The web page mentions that applications are closed temporarily due to being fully booked. Users should check back later for availability.
In conclusion, Rebase is a platform that aims to simplify the process of obtaining Portuguese residency through the NHR program. It offers services related to residency setup, tax obligations, and guidance for individuals interested in moving to Portugal. However, individuals considering using Rebase's services should carefully review the platform's offerings, eligibility criteria, and terms and conditions to determine if it align with their specific needs and circumstances.