We would like to distinguish a difference between residence permit and resident. All investors that apply for Golden Visa and get their authorization cards, they have been granted with Residence Permit. However in Portugal to be considered a Resident you need to stay over 183 days per year for tax purposes. That means if you get your investor visa and do not want to reside in Portugal you still able to get your citizenship after 6 years at the same time you are not subject to global earnings taxation.

Investors who do not live in Portugal over 183 days per year will be entitled to pay taxes for the earnings made in Portugal. Earnings made abroad do not need to be subject to any income tax. If you do live in Portugal over 183 days per year you need to pay your taxes as any regular Portuguese citizen. Your income tax will respect the IRS table which has a different tax level according to your earnings. As a resident your global earning need to be declared and subject to income tax in Portugal.

Income Tax Table 2013

Under 7.000 Euro / year : 14.5%

Between 7.000 Euro and 20.000 Euro: 28.5%

Between 40.000 Euro and 80.000 Euro: 37%

Over 80.000 Euro: 48%

Additionally you should consider an extra 3.5% Income Tax for all Levels as an Emergency Tax called by the Government to help reduce the public debt. If your income is over 250.000 Euro there is still an extra tax between 2.5%-5% on top of the 3.5%.