There has been an assumption that an incentive for "Portuguese returning home" (or legally accurately, people who lived before in Portugal returning to Portugal after more than 5 years) that provides a 50% discount on income taxes from work for 5 years will be offered to people who never lived in Portugal before.
During the budget deliberation, an amendment reinstating the condition of having lived in Portugal before has been approved.
Therefore, the "programma regressar" (50% for 5 years) will not be available for new tax residents.
Frequently Asked Questions
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Who is eligible for the 'programma regressar'?
The 'programma regressar' is available to individuals who have previously lived in Portugal and are returning after more than 5 years.
Does the 'programma regressar' apply to new residents in Portugal?
No, the 'programma regressar' does not apply to individuals who have never lived in Portugal before.
What benefit does the 'programma regressar' offer?
It offers a 50% discount on income taxes from work for a period of 5 years.
Has there been any change in the eligibility criteria for the 'programma regressar'?
Yes, an amendment has been approved that reinstates the requirement of having lived in Portugal before to qualify for the program.