Portugal Attempts To Offset Brain Drain With Youth Tax Breaks
Over the past decade, thousands of young and educated Portuguese people have left the country in search of opportunities elsewhere in Europe.
Portugal seeks to become ‘tax haven for young’ in attempt to stop brain drain
Portugal is planning to become a haven for young adults by giving them a decade-long tax break in an attempt to curb brain drain. Under plans proposed by Portugal’s centre-Right government, workers under 35 would be exempt from paying income tax for the first year of their careers,
Portugal Becomes a Tax Haven for Young People: One Year Without Taxes and Discounts for the Next Ten
After long being a tax haven for pensioners, the country is now banking on a new financial law that offers significant tax advantages for young people under 35, aiming to retain them and incentivise foreign immigration to Portugal.
Portugal seeks to become low-tax haven for young people
Portugal is planning to turn itself into a low-tax haven for young adults by offering a decade of tax breaks to people starting their careers in an effort to halt a growing brain drain.
Portugal bids to end brain drain with tax break for young people
Portugal’s government is offering a decade of progressive tax breaks to its young as it bids to keep the country’s 18-to-35-year-olds at home and reverse a future-sapping brain drain. Under the proposed scheme,
Portugal tries to tempt under-35s with tax cuts
Luís Montenegro's centre-right government wants to dissuade young people from emigrating and encourage foreigners to settle in Portugal.
Portugal plans to become low-tax haven for young people
Portugal is planning to turn itself into a low-tax haven for young people by offering a decade of tax breaks to people starting their careers in an effort to halt a growing brain drain.
Portugal announces huge new incentive targeting expats with tax cuts
Prime Minister Luis Montenegro wants to see income tax lowered for under-35s, specifically those earning up to €28,000 (£23,400).
Portugal's budget bill eyes faster growth, tax cuts for young people, firms
Portugal's centre-right minority government rolled out its first budget bill on Thursday, projecting a slight pick-up in ...
portugalresident1d
Name of President Marcelo’s son appears in mega tax fraud case in Spain
Name of President Marcelo’s son appears in mega tax fraud case in Spain; Nuno Rebelo de Sousa says he knows nothing about it ...
devdiscourse1d
Portugal's Budget Battle: Balancing Growth, Surplus, and Tax Cuts
Portugal's centre-right government introduced its first budget, aiming for growth and a surplus, despite tax cuts and wage ...
Portugal's government softens tax cut plans to approve 2025 budget
Portugal's minority centre-right government has watered down its proposals for two major tax cuts, aiming to convince the ...