For property owners or landowners, May brings the payment of the Municipal Property Tax (IMI) by the end of 2023. Find out if you may be exempt from this payment and, if not, what is the deadline to pay.
If you own a house, we have good news for you: The value of the Municipal Property Tax (IMI) will not increase in 2024, as there was doubt about it.
The Municipal Property Tax (IMI) is a tax due by homeowners and landowners in Portugal, which must be paid annually. Therefore, if as a property owner without an exemption, you have failed to pay the tax, know what lies ahead.
The Municipal Property Tax is one of the Portuguese taxes, paid by those who acquire a property, annually. But how much, when and how is it paid? That's what we clarify in this article.