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This is very stupid move - Socialists just can't help themselves. I moved to Portugal from the UK 6 years ago partly for tax reasons. NHR Tax regime has been a
by garyclarke27 3y ago
This is very stupid move - Socialists just can't help themselves.
I moved to Portugal from the UK 6 years ago partly for tax reasons.
NHR Tax regime has been a huge success attracting thousands of Entrepreneurs and Professionals - they spend a lot here and have transformed the local economy - many even start doing business locally.
10 years ago Portugal was a basket-case economy looks like they want to return to that.
- pjmlp 3y agoWe want to return to university students being able to afford housing, instead of having landlords selling out to foreigners hunting golden visas and tax reductions.
- petre 3y agoSocialists who socialize the costs and privatize the profits. Now that they've atracted professionals and entrepreneurs from other places with less fortunate weather at the cost of alienating their younger generation, they can safely stop the tax breaks. It only fuels rent seeking. The breaks should have been time limited to begin with. The professionans won't be leaving Portugal anyway due to the nice weather and the good food.