to the tax code Increased taxes on expensive real estate? The government is ready to amend the tax codeIncreasing taxes on expensive real estate? Adopting changes to the tax code.

Minister of Finance Fernando Medina said in Parliament that he has no objection to studying proposals in this direction.

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The government is considering studying proposals to raise taxes on the purchase of expensive homes to counter the mass transfer of houses''a little bit more,' he commented.

On the other hand, he warned "that it is not possible to discriminate taxes according to nationality between European Union countries".

Remember that Portugal currently has an Additional Municipal Property Tax (AIMI), which has higher rates for taxpayers who have properties worth more than 600,000 euros. In this article, we explain everything about AIMI in detail, including when and how to pay it. Make a note.