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Portugal Attempts To Offset Brain Drain With Youth Tax Breaks
Over the past decade, thousands of young and educated Portuguese people have left the country in search of opportunities elsewhere in Europe.
Portugal bids to end brain drain with tax break for young people
Portugal’s government is offering a decade of progressive tax breaks to its young as it bids to keep the country’s 18-to-35-year-olds at home and reverse a future-sapping brain drain. Under the proposed scheme,
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. The country’s centre-right government wants to reduce the income tax burden on young people for 10 years — including a first year in which no tax is due — under a plan that has few precedents in global fiscal policy.
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 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).
1h
Poland vs Portugal: Preview, predictions and lineups
Portugal are aiming to make it three wins on the bounce at the beginning of their 2024/25 UEFA Nations League campaign when ...
Bloomberg L.P.
2d
Portugal’s Opposition to Study Budget Before Deciding on Vote
Portugal
’s biggest opposition party said it still has to assess the 2025 budget proposal before deciding how it will vote ...
1d
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 ...
Onefootball
9h
Portugal win 3-1 in the Faroe Islands to qualify for the 2025 UEFA European U21 Championship | OneFootball
Portugal have qualified for the 2025 UEFA European U21 Championship after two late goals secured a 3-1 win in the Faroe ...
10h
on MSN
Ireland To Face Portugal In Historic Rugby Clash
By Priscilla Jepchumba The president of the Portuguese Rugby Union has announced that Portugal and Ireland are scheduled to ...
2d
Portugal consults TAP suitors on plans for airline
The Portuguese government is finalising consultations with airlines interested in flag carrier TAP to establish their ...
17h
on MSN
Bruno Fernandes relishing Portugal duty amid Man United woes
Bruno Fernandes said he is excited to be back with Portugal's national team as he looks to spark his season into life.
3d
Portugal’s Prime Minister Says Budget Talks Complete, Expects Approval
Portugal’s minority government said negotiations with the opposition Socialist Party about the 2025 budget have ended and ...
Onefootball
12h
Nations League: Poland v Portugal preview | OneFootball
Portugal have not been beaten by Poland the last five times the teams have met. The most recent encounters were also in the ...
11h
on MSN
Portugal stocks higher at close of trade; PSI up 1.04%
Portugal stocks were higher after the close on Friday, as gains in the Financials, Basic Materials and Consumer Services ...
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