New housing budget passed by Parliament - what changes should we expect?
22 September 2023 Parliament, with the unanimity of the Party of Socialists (PS), again adopted without amendments the program "More Housing" after the veto of the President of the Republic. The document provides for changes in rents, guest accommodation, unused properties and taxes.
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The adoption of the law was secured by an absolute majority of votes of the Socialist Party, despite protests from the opposition and several associations (business and civic) linked to the sector.Exemption from income tax on the sale of real estate to repay a mortgage Cancellation of "golden visa" visa program Provision of land or buildings to cooperatives for affordable rent 250 million euros for affordable housing 150 million euros funding line for forced labor for municipalities
President Marcelo Rebelo de Souza expressed a negative opinion on the More Housing program and criticized the lack of party agreement, but Minister Marina Gonçalves confirmed that the program was balanced and the Party of Socialists said that''Lease Agreements
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