Property tax breaks for over 35s in Portugal
Jun 25, 2024 Economy
The tax benefit on the purchase of the first home in terms of IMT and Stamp Tax (IS) also benefits those over 35 years of age, as long as they purchase a property together with an eligible young person (under the age of 35)
Portugal 7th most peaceful country in the world in the Global Peace Index 2024
Jun 13, 2024 General
Portugal is the 7th most peaceful country in the world, having dropped one position compared to the previous year while maintaining 5th position among European countries, by the Global Peace Index 2024
Pay IMI (Portugal property tax) in 2024: this is the tax payment schedule
May 16, 2024 Economy
Anyone who owns a house, land or any other property must be aware of the deadlines for payment of the Municipal Property Tax (IMI). The date to pay the IMI started on May 1 and may extend until November for those who pay tax over 500 euros.
Lagoa Algarve council, launches awareness communication to save water in the region
May 16, 2024 General
In response to the Algarve's drought, Lagoa's municipality implemented general measures to reduce & rationalize water use from 02/29/2024. Please be aware how and where it is expressly prohibited to use water.
Algarve, Lagoa council will start charging the tourist tax
May 2, 2024 Economy
Lagoa has joined the 5 existing Algarve municipalities charging tourist tax, as of April 13th, reportedly to "allow improvements to be made to municipal public and private assets". Find out more about it!