What are the property taxes for Portuguese real estate immigrants?

Value-added tax (VAT) is a tax levied by Portugal after 1986 joined the European Union. All goods and services transactions in Portugal and goods imported from outside the EU are subject to VAT. Portugal adopts three tax rates for VAT, with the general tax rate of 23%, preferential tax rate of 12% and the best preferential tax rate of 6%.

Real estate transfer tax (IMT- municipal property transfer tax)

All real estate in Portugal must pay real estate transaction tax when buying and selling, which is the tax paid by the buyer to the shopping industry. The tax base is the real estate transaction price or the real estate registration price, whichever is higher. For rural real estate, the transaction tax is 5% of the transaction price. For real estate located in cities and towns, the transaction tax rate varies according to the transaction price: real estate transaction tax is exempted when the contract amount of real estate sales is less than 92,407 euros; A sliding tax rate of 2% to 8% is adopted between 92407 and 574323 euros; Over 574,323 euros, the real estate transaction tax rate is fixed at 6%. Real estate transaction tax is paid by the purchaser, usually at the same time as the purchase price is paid or on the first working day after payment. Overseas real estate transactions must be paid within the next month after the real estate transaction.

20 12 real estate transfer tax rate is as follows:

IMI- municipal property tax

Property owners have to pay property tax every year, which belongs to the category of local tax. The tax rate of rural real estate is 0.8%, and the tax rate of urban real estate is between 0.2% and 0.5%. The tax base is calculated according to the registered price of real estate, which is regularly reviewed by the local government. The accounting base of tax collection is usually 80-90% of the real estate market price.

stamp tax

Stamp duty is a tax levied on various contracts, property rights transfer documents, business account books and account books signed in economic activities. There are two ways to collect stamp duty in Portugal: one is a fixed tax rate, such as checks, business books, wills, real estate registration and so on. , the cost amount ranges from 5 to 25 euros; Another way is to collect stamp duty according to a certain proportion of the total contract amount, and the tax rate ranges from 0.04% to 25%. Such contracts include real estate sales, donations, letters of guarantee, mortgage loans and insurance policies.