In an interview with TVI and CNN Portugal, António Costa argued that the Government has decided not to prolong “a measure of fiscal injustice, which is no longer justified and which is a biased way of inflating the housing market, which has reached unsustainable prices”.
“In 2024, special taxation for non-habitual residents will end. Whoever has it will keep it”, he said in relation to foreigners residing in Portugal who already have this tax benefit.
According to the leader of the executive, “the measure for habitual residents has already fulfilled its function and, therefore, it makes no sense to maintain a tax for non-habitual residents”.
“There was a time when it was necessary. This measure made sense. In the first ten years, 59% of people who had benefited remained in Portugal, despite the regime having ended. But at this point it doesn’t make sense anymore,” he reinforced.