IRS Jovem – what is it?
The IRS Jovem program is currently available to young foreign taxpayers looking to relocate to Portugal. This personal income tax benefit can apply to both returning Portuguese nationals and foreign individuals who choose to make Portugal their residence. The program is already in effect, but the new government aims to introduce revised regulations to make […]
Market update: new AL law ratified
Actors in the short-term rental sector are likely celebrating this change. Following the announcement made last August, we now have confirmation of the adjustments proposed by the Portuguese government, most of which involve lifting restrictions. One expected positive impact on the sector is the removal of mandatory license renewals and restrictions on issuing new licenses. […]
Breathing a sigh of relief!
The Portuguese government makes amendments to holiday rental laws! Earlier this year, the Portuguese government announced significant changes to the holiday rental laws. Many people were puzzled about how this would help ease the housing crisis in Portugal. We are now pleased to announce that amendments have been made to the Alojamento Local regulations, providing […]