The amount collected by the Portuguese state from the sale of gold confiscated during judicial proceedings has quadrupled over the last two years, driven by record-high prices for the precious metal on global markets.
This update is from Bica
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Between January and September 2026, the Portuguese state collected 51.16 billion euros in tax revenue, a 6.5% increase compared to the same period in 2025. This growth was driven primarily by a 13.5% rise in personal income tax (IRS) and a 9.4% rise in value-added tax (IVA), despite decreases in corporate tax (IRC) and tax on oil products (ISP) receipts.
The 2027 State Budget allocates 135 million euros to AIMA, a 38.6% increase over the 97.4 million euros projected for 2026. Of this, 108 million is earmarked for regulating immigration, including processing pending residence permits and family reunifications, 22 million for immigrant integration programs, and 5 million for attracting qualified talent. The agency remains a primary source of state revenue through fees, fines, and permit issuance.
The 2027 State Budget proposal maintains a projected 303 million euro reduction in state tax revenue from housing measures. Key components include a 94 million euro impact from reducing VAT on construction to 6% and a 209 million euro impact from lower IRS tax rates for landlords offering 'moderate' rents up to 2,300 euros.