Portugal reviving tax breaks for foreigners

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Bangkok Post 3d ago

Portugal reviving tax breaks for foreigners - Bangkok Post

Quick Summary:

LISBON - The government of Portugal is planning to reintroduce tax breaks for foreign residents in an effort to attract skilled workers despite criticism in the past that the scheme stoked housing prices, the economy minister said on Thursday.

Reis said new incentives for private investment and the merging of companies were also planned for them to “better compete with their European peers”.

Two women relax at the Santa Luzia viewpoint, as a cruise ship prepares to depart from the port of Lisbon in Portugal on June 26.