Frequently asked questions
Portugal IMT FAQ 2026
What is IMT and when is it paid?
IMT is Portugal’s property transfer tax. The buyer pays it before completion. The amount depends on the taxable value, property use, region and buyer profile.
Which value is used: price or VPT?
The taxable value is always the higher of the purchase price and the property’s official VPT.
How much does a non-resident pay?
Where CIMT article 17(10) applies, a buyer without Portuguese tax residence and without previous Portuguese tax residence pays a flat 7.5% on housing.
Can a non-resident recover part of the IMT?
Decree-Law 97/2026 provides exceptions and a possible refund of the difference where the buyer later meets the residence or eligible letting conditions.
Who qualifies for Youth IMT?
An eligible buyer aged 35 or under purchasing a first main permanent home and meeting the ownership, dependency and residence conditions.
Is Stamp Duty also exempt for young buyers?
Yes, within the applicable Youth IMT conditions and limits. The standard purchase rate is 0.8%.
What is the bracket deduction?
It is the fixed amount subtracted in the practical IMT formula. It accounts for lower progressive slices.
What else is payable when buying?
Potential costs include purchase Stamp Duty, mortgage Stamp Duty, deed and registration charges, and recurring annual IMI.