Those who come to Portugal from abroad, whether Portuguese who have emigrated and are returning to the country or foreigners who have never filed any income tax return in Portugal, will be able to benefit from the IRS Jovem for the entire ten years, even if they have already started working in another country.
The Portuguese government says that what matters is the number of years of income from work in Portugal, always with a limit of 10 years and 35 years of age.
The State Budget proposal for 2025 brings tax benefits for young people with the aim of attracting and retaining talent in the country, with a reduction in income tax for ten years (instead of the current five years) applicable to all people aged up to 35 years. (instead of the current 30 years), regardless of level of education.
With expertise in tax compliance and financial planning, OportoAccounting helps individuals maximize tax incentives for smooth integration into Portugal’s tax system. We offer tailored tax planning to ensure reduced rates and full compliance with local regulations.
