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Taxes stifling foreign investment in Portugal

Summary by Ground News
Portugal attracted 248 Foreign Direct Investment (FDI) projects in 2022, 24% more compared to 2021. A number that places the country in the top 10 in Europe with the highest growth rate of FDI projects. But not everything is good news, particularly in the real estate sector. High tax burden, with increased IMI and IMT rates, are driving away foreign investment.
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The Portugal News broke the news in on Monday, September 25, 2023.
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