12:42 - 4.10.2023

---

October 4, Fineko/abc.az. Portugal intends to abolish taxes for foreigners.

ABC.AZ reports, referring to the foreign press, that the tax regime for certain categories of foreigners will be in effect in the specified country.

Thus, these foreigners will be able to take advantage of the preferential tax regime in force for 10 years after entering the country.

Preferential treatment for new immigrants will be introduced in 2024.

According to the Portuguese Ministry of Finance in July, 89,000 people have used the preferential tax regime at the moment.