Yes since 2023, it's now taxed in Portugal if you hold for less than 1 year (until 2022 was tax free, even less than 1 year).
Exactly, it's similar as Germany. However Portugal has one more huge advantage : NHR (non habitual resident) tax-scheme. You get this statut for 10years you are tax free on your foreign income (dividends, interests, royalties). Kind of temporary "territorial tax scheme".
Until 2022 private foreign pensions (for retired people) was tax free too under this scheme. Now it's taxed 10% due to other EU countries pressure (for the new applicants).
NHR-Portugal has provided extensive benefits to residents. As of 2009, the "habitual residency" of Portugal residents is a administrative and financial system designed to attract foreigners. Tax efficient pension income for 10 consecutive years benefiting new hopefuls in Portugal.
Two categories can benefit from the NHR-regime:
# Retirees who receive pension from abroad.
# Individuals and investor who can Structure Their affiair to Sync with the Regime..
Details:
https://www.libertyrealestate.pt/detail/nhrnonhabitualresidenceresidenceinportugalresidencyinportugal/12264?gclid=Cj0KCQjw1_SkBhDwARIsANbGpFvZr0Q2bAALvlG2wgb6ja8mcNdZDQgp9ozQlfuf7-UHBH3n03gmL7gaAvOnEALw_wcBMainly depending on these two categories (NHR) the organization works and it can work with great benefits and tax free.