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Portugal government approves tax cuts to stop young people emigrating

Portugal s centre-right
minority government approved a sharp income tax reduction for
more than 300,000 people aged 18-35 on Thursday, lowering the
average rate they will pay from next year by.
-May 23, 2024 at 11:37 am EDT
- MarketScreener ....

Vicente Rua , Patricia Vicente Rua , Sergio Goncalves , Luis Montegero , Andrei Kalip , William Maclean , Minister Luis Montegero , Emigration Observatory , Western Europe ,

Portugal Slashes Taxes to Curb Youth Emigration

Portugal's centre-right government has approved a significant income tax reduction for over 300,000 young adults aged 18-35. This measure aims to deter youth emigration by lowering tax rates dramatically. The plan awaits parliamentary approval and is poised to cost the state around 1 billion euros annually. ....

Luis Montegero , Minister Luis Montegero , Emigration Observatory , Western Europe ,

Portuguese picking Switzerland

Around 60,000 Portuguese emigrated in 2022, the same as in the previous year, with the United Kingdom losing importance due to Brexit and Switzerland once again. ....

United Kingdom , United States , Centre For Research , Lisbon University Institute , United Nations , Rede Migra , Emigration Observatory , Sociology Studies ,

30% of young Portuguese leave the country

More than 850,000 people born in Portugal aged between 15 and 39 have chosen to live and work outside the country.  ....

Emigration Observatory , Pena Pires ,

Tax exemptions attract foreigners to Portugal

Digital nomads are increasingly focusing on Lisbon, but young Portuguese people are leaving for other locations. ....

United Kingdom , Emigration Observatory , Pena Pires ,