Our partner António Schwalbach was interviewed by the newspaper Expresso, where he analyzed the government’s proposal to increase the IMT (Municipal Transfer Tax) on the purchase of real estate by foreigners not residing in Portugal. In his opinion, this is an electoral measure that is unlikely to withstand scrutiny by the Court of Justice of the European Union, particularly because it excludes from the increase those who have been residents in the past.
At Spear Legal, we assist domestic and foreign property owners and investors in assessing the impact of these measures, structuring acquisitions, and ensuring compliance with Portuguese and European regulations.
Read the full article:
Increased IMT for Foreigners: Between “Populist” and “Illegal” – Expresso
