IMI 2025- Square metre value remains unchanged for the 3rd year in Portugal
Jan 26, 2025 Economy
The Government has maintained the square metre value for calculating IMI (property tax) at €532, with a 25% increase, bringing the total to €665 since 2023.
Portugal in the global top 10 for countries with the best quality of life
Jan 23, 2025 Economy
It ranks as the sixth country with the best quality of life, scoring 81.4 points, according to a ranking by Global Citizen Solutions.
IRS Jovem -New income tax incentives for young workers
Oct 17, 2024 Economy
Anyone who comes to Portugal from abroad, whether they are Portuguese who emigrated and returned to the country or foreigners who have never submitted any income declaration here, will be able to benefit from the IRS Jovem for the entire ten years, even if they have already started working in another country,
IMI tax in Portugal, price per square metre remains at 665 euros in 2024
Jul 11, 2024 Economy
What is IMI tax in Portugal? IMI stands for "Imposto Municipal sobre Imóveis", which translates to Municipal Property Tax in English. It is a property tax levied on real estate properties in Portugal, to be paid annually.
The Spanish pensioners are joining the French, Germans, Swedish and Finns in retiring in Portugal and taking advantage of Portugal’s Non-Habitual Resident tax regime.
Apr 3, 2019 Economy
Spanish pensioners move to Portugal for tax benefits. The spanish newspaper says the “people are hospitable,” the “cities are attractive,” it highlights Lisbon, Porto and Braga and mentions the “vast rural landscape,” “healthy diet” and “wild unspoilt coastlines”. ABC states that interest from British citizens has also picked up over Brexit uncertainties with the Lisbon and Porto regions attracting most applications for the NHR regime as well as the Algarve and Madeira. Retired Spanish over 65 group are opting to move to Portugal to avoid paying higher taxes in their own country. ABC states the moving to Portugal means saving thousands of euros in tax payments.