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Portugal Housing Incentives: Tax Breaks for Property Buyers
Portugal offers a variety of tax and financial incentives to encourage property purchases, urban rehabilitation, and rental housing. Here’s a breakdown of the main programs:1. Permanent IMT Exemption for Primary ResidenceWhat it is: Full exemption from the Property Transfer Tax (IMT)Who qualifies: Portuguese citizens or permanent residents buying a home for their own use2. Reduced VAT (IVA) for New ConstructionApplies to primary residences in urban rehabilitation areas or affordable housing projects3. Rehabilitate-to-Rent ProgramObjective: Encourage long-term rental availabilityBenefits:IMT…
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