Housing

A job change could affect tax exemption for homes bought under IMT Jovem

The Tax Authority (AT) has ruled that the IMT Jovem tax exemption may be revoked if a homeowner stops using the property as their permanent residence after changing jobs. The 100-kilometre relocation exception in the law applies only when an existing employer transfers an employee, not when an individual ends one contract and signs a new one with a different company.

Why it matters

If you bought a home using the IMT Jovem benefit, changing employers—rather than being transferred by your current one—could disqualify you from the exemption if you move more than 100 kilometres away and stop living in the property, potentially forcing you to pay back the waived IMT tax.

The Portugal News· 1d agoRead original ↗

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Housing

Young people may lose IMT exemption if they change jobs and workplace

The Tax and Customs Authority (AT) has clarified that the 'IMT Jovem' tax exemption for first-time homebuyers under 35 is lost if a beneficiary changes employers and moves to a location over 100km away. While the law allows for a move over 100km without losing the exemption if the home is subsequently rented out, the tax authority interprets this exception as applying only to employees transferred by the same employer they had when they purchased the property. Beneficiaries who change companies and relocate must pay the IMT and Stamp Duty taxes they were originally exempted from, even if they rent the property out.

SIC Notícias· 1d agoRead original ↗

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Housing

State Budget 2027: Youth IMT exemption for home purchases rises to 338,141 euros

The 2027 State Budget proposal increases the property value threshold for the 'IMT Jovem' exemption by 2.3%, raising the limit from 330,539 euros to 338,141 euros. The secondary bracket for properties costing up to 676,185 euros—where an 8% marginal tax rate applies—is also adjusted upward.

CNN Portugal· 1mo agoRead original ↗

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Housing

Can young emigrants benefit from the IMT exemption when buying their first home in Portugal?

Young people living abroad can qualify for the first-home IMT and Stamp Duty tax exemptions in Portugal, even if they are currently tax residents in another country. To keep the benefit, the property must be used as the buyer's permanent residence within six months of the purchase date, and the Portuguese Tax Authority will verify compliance with these conditions.

SIC Notícias· 2w agoRead original ↗

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