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Portugal Targets Foreign Buyers with New Property Taxes

9/28/2025

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Story summary
  • Portugal plans property taxes on foreign buyers to improve affordability for locals.
  • Portugal's tax rates range from 2% to 8% for properties over €97,064.
  • Prime Minister Luis Montenegro announced the non-resident buyer premium affecting expats.
  • EU could gain €67 billion in tax revenue from similar measures.
  • France's Zucman tax would levy at least 2% on assets over €100 million.