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NHR Legacy — 10% Foreign Pension

By Taxpert Editorial · Last reviewed: 26 April 2026

What it does

Foreign pensions are taxed at a flat 10% for the 10-year NHR window — the headline benefit for retirees who relocated under the legacy regime.

For retirees with foreign-source pension income > ~€20k/year, the 10% rate is typically half (or less) of what the progressive scale would charge.

Does not apply under IFICI (NHR 2.0) — foreign pensions there are taxed normally.

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