Budget bill 2027 No. 110/XVII/2.ª was tabled on October 8, 2026. Purchase tax (IMT) brackets are indexed by 2.3%, and the exemption threshold for a main home rises from EUR 106,346 to EUR 108,792. The final vote is scheduled for November 24, 2026.
Nothing changes yet; the 7.5% rate for non-residents is unchanged.
Art. 17(10) of the IMT Code (as amended by Decree-Law 97/2026): a non-resident buying housing pays 7.5% with no reliefs. The difference is refunded if the buyer becomes resident within 2 years or, within 6 months, rents the home at a price within the limit for at least 36 months of the first 5 years.
Purchase costs for a non-resident are 7.5% of the price; part is refunded on relocation or moderate-rent letting.
Under art. 72 of the IRS Code, residential rental income is taxed at 25%, other rent at 28%; for long leases the rate is reduced by 10, 15 or 20 points. Under Decree-Law 97/2026, moderate rent (up to 2.5 times the monthly minimum wage) is taxed at 10% from January 1, 2026 to December 31, 2029.
Tax on residential rent in Portugal is 25% before reductions, not 28%; 10% for moderate rent.