There are several ways to pay this tax. You can do it at a tax office (in person or online), at a CTT office (the post office), an ATM or a financial institution that has a protocol with the Portuguese tax authorities. This payment can be made by cash, cheque, direct debit or bank transfer.
How do I pay my Portuguese IMI online?
Paying Your Portuguese Property Tax (IMI) From Abroad
- Open and log into Portuguese bank account.
- Click on Payments.
- Click on State- Pay the State.
- Enter Reference 15 digit number from the bottom left side of invoice.
- Enter amount €
- Enter Fiscal number top left 9 digits.
- Click next.
- Check info and Pay.
Do you have to pay council tax in Portugal?
As a property owner in Portugal, you must pay IMI, the Portuguese version of council tax. Each individual municipal sets its own rate, which is decided by the municipal assembly. IMI varies from around 0.3% to 0.45% of the value of a home in urban areas. In rural areas, it can be as much as 0.8%.
How do I pay a bill in Portugal?
Paying your Portuguese electricity bills
You can pay your energy bill by direct debit or by making one-off payments when your bills arrive. It’s also possible to pay your bill at a Multibanco ATM.
How do I pay no tax in Portugal?
To apply, all you have to do is fill out a request and supply an official document stating that you were not a tax resident of Portugal in the five years previous to your arrival. If tax authorities have doubts about your claim, they will demand further documentation to prove your prior residence.
What does IMI stand for in Portugal?
IMI (Imposto Municipal sobre Imóveis – Municipal Property Tax) is a tax on the taxable value of immovable property in Portugal. This tax came into force in 2003, replacing the Council Tax, and reverts to the respective municipalities.
Are there property taxes in Portugal?
Immovable Property Tax (IMI)
In Portugal, you need to pay a property tax (Imposto Municipal Sobre Imóveis) as an owner of a property. … Property tax rates range from 0.3% to 0.45%. While properties in rural areas are taxed at 0.8%, properties in more urban areas are taxed within the mentioned range.
Can you live in Portugal tax-free?
Portugal’s ‘non-habitual residents’ (NHR) scheme gives special tax benefits to new residents for their first ten years in the country. It also offers a lower income tax rate of 20% if you’re employed in Portugal in a ‘high value’ activity and allows you to receive some foreign income tax-free.
What is a good salary in Portugal?
Generally, the cities of Lisbon and Porto offer the highest salaries in the country but also have the highest cost of living, especially renting/mortgage payments. Expect to spend an average of $936-1,212 per month to live a decent life in these areas, while $771-882 a month is okay in other parts of the country.
How much tax do I pay in Portugal?
Residents in Portugal for tax purposes are taxed on their worldwide income at progressive rates varying from 14.5% to 48% for 2021.
Is water expensive in Portugal?
Cost with water
The cost of installing the metre is usually affordable, you can count with an average price of €50. … For instance, in Santo Tirso, a small city in northern Portugal (see also Portugal Map) the price of water is around €240 per 120 cubic metres of consumption.
Is electricity expensive in Portugal?
Portuguese households pay some of the highest prices for electricity across Europe. In addition to paying some of the highest prices in Europe, electricity prices in Portugal are higher than in many countries worldwide. … One reason for the high prices in Portugal is the high tax burden.
Is Portugal cheaper than UK?
Portugal is 32% cheaper than United Kingdom.