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Portugal seeks to become ‘tax haven for the 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 tries to tempt under-35s with tax cuts
The Portuguese government is proposing to slash taxes for under-35s in an attempt to dissuade young people from emigrating - and encourage foreigners to settle in Portugal. As part of the annual budget,
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 seeks to retain young people with lower taxes
“Our goal is truly to increase our ability to retain talent, to keep our young people in Portugal, ensuring that fewer of them leave, and that those who do can return,” Mr Montenegro said this summer. “We want a tax system that is more youth friendly.”
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).
portugalresident
9h
PM Montenegro “last hope” for Alcoutim-Spain bridge project – local councillor
A local councillor is calling on Prime Minister Luís Montenegro to help move forward with the long-stalled Alcoutim-Spain ...
5h
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 ...
2d
Portugal’s Premier Says Many Firms Are Interested in Airline TAP
Portuguese Prime Minister Luis Montenegro said many companies are interested in buying shares in TAP SA, the state-owned ...
6d
Portugal’s Prime Minister Says He’s Available for More Budget Talks With Opposition
Portuguese Prime Minister Luis Montenegro said he’s available to keep talking to the Socialist Party about the 2025 budget ...
1d
Portugal consults TAP suitors on plans for airline
The Portuguese government is finalising consultations with airlines interested in flag carrier TAP to establish their ...
The Herald News
17d
Portugal’s Prime Minister Luís Montenegro headed to the U.S. Here’s what to know
NEW YORK - Portugal's Prime Minister
Luís
Montenegro
will meet with United Nations Secretary-General António Guterres on Wednesday in New York before addressing the UN General Assembly on Thursday ...
ch-aviation
14h
Lisbon meets with TAP bidders, sets privatisation date
The Portuguese government plans to begin the privatisation of state-owned TAP Air Portugal (TP, Lisbon) in the first half of ...
10h
on MSN
Portugal's government rolls out draft budget hoping to avoid impasse
Portugal's centre-right minority government will present its first budget bill on Thursday, targeting a small surplus in 2025 ...
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