Question 1

How are capital gains on property taxed in Portugal?

Accepted Answer

Capital gains on property sales are taxed on 50% of the net gain (after eligible expenses and monetary devaluation coefficient). For primary residence (HPP), full exemption applies when reinvesting in another primary residence. Residents over 65 may be exempt when reinvesting in lifetime annuities or PPR pension plans.

Question 2

What are the taxes when buying property in Portugal?

Accepted Answer

When buying property in Portugal you pay: IMT (0% to 8% on a sliding scale), Stamp Duty (0.8% of purchase price), land registry and notary fees (~1% of value). First-time buyers of primary residence are exempt from IMT up to €101,917 (2026).

Question 3

What is AIMI (Additional IMI) in Portugal?

Accepted Answer

AIMI is an annual wealth tax on the total taxable property value (VPT) of real estate holdings. Individuals: exempt up to €600,000, 0.7% between €600K-€1M, 1% above. Companies: 0.4% on total VPT with no exemption. Applicable annually on 1 April.

Question 4

Does HVR support foreign investors in Portuguese real estate?

Accepted Answer

Yes. HVR supports foreign investors acquiring and managing property in Portugal: tax-efficient acquisition structuring, NHR/IFICI regime for non-residents, rental income and capital gains taxation, Portuguese tax return filing, and setting up property holding companies when appropriate.