In 2024 Portugal stands out as one of the most attractive destinations due to its tourism potential. The third quarter is expected to be the period of greatest investment activity, driven by important markets such as the US and the UK.
Portugal is one of eight countries where the effective tax rate is reduced due to companies’ equity provisions, alongside Belgium, Cyprus, Italy, Liechtenstein, Malta, Poland and Turkey.
The Portuguese government has just announced the new draft law stating that they will continue to accept new applications for the Golden Visa until the new law terminating the program is published. This is expected to be at least 60 days away, most likely by the end of June.
The issue of alleged discrimination in the taxation regime of property gains obtained by non-residents in Portugal is not new and has been widely discussed in the courts because of the various disputes between taxable persons and the Tax and Customs Authority (“AT”).
On March 22, 2023, Decree-Law No. 20-B/2023 was published. This decree-law creates extraordinary and temporary support for families to pay
The Council of Ministers approved a set of measures that seek to respond to housing problems in Portugal. Four measures should be highlighted, namely: