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This is the profit made from a sale.
- Residents pay 20% on only 50% of the profit or nothing at all if it is reinvested in property in Portugal. It has to be done within 1 year prior to the sale of old property or 2 years after sale of old property to be exempt from paying CGT. If all of the profit is not used CGT is due on the balance.
- Non residents pay 25% on total profit.
- All assets acquired before Jan 1st 1989 are exempt.
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| Apartado 2096 - 8135-024, Almancil, Algarve, Portugal - Government Licensed Agent No. 7220 - Email: info@quintasales.com - Tel: +351 289 350 140 - Fax: +351 289 350 149 |
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| Terms and conditions |
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