Luís Montenegro hopes that young people who have ambitions to emigrate will abandon this idea and highlights that the government has already implemented measures to support them, such as exemption from IMI and stamp duty on the first home.
Prime Minister Luís Montenegro told Portuguese emigrants that “it is worth believing in Portugal” and assured that the government is committed to their return to the country.
“I sincerely hope that everyone looks at our country and, even from abroad, wants to come here on holiday, but, if possible, wants to come back,” said Luís Montenegro on Thursday evening, during his opening speech at the 632nd edition of the São Mateus Fair, in Viseu.
As for those who think about traveling abroad, the ruler promised May this desire fade away“that they can find opportunity here and not have to frequently break what is most important in their lives,” such as connections with family and friends.
“It is worth believing in Portugal. We are capable of doing in Portugal what we are often capable of doing abroad,” he stressed.
Addressing the many emigrants who wanted to be present at the first of the 39 days of the São Mateus Fair, the Prime Minister explained that on Thursday “support instruments came into force for young Portuguese people so that they can have less taxes in what is one of the most crucial moments of their lives, the purchase of their first home.”
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“Today, the exemption from the Municipal Tax on Onerous Operations (IMT), the Stamp Duty and all the taxes that often prevent young Portuguese people from being able to buy their own home came into force,” he stressed.
Questions and Answers: How young people can have (automatic) tax exemption when buying a house and a public guarantee on credit
Luis Montenegro added that, in September, “the reductions in Personal Income Tax will also come into force.” [IRS]which is a touchstone” of his Government’s policy.
The objective is “reward those who work hardernot relying on each person’s efforts to seek so much of their productive capacity, freeing up more for those who work the fruit of their effort,” he explained.
Source: Observadora
