OUR TEAM:
Portugal: Rod, Claudia, India, Eloise, Fatima.

In Norway;
Lars Kristian and Lars

Offering:
*Professionalism, * Efficiency, * After- sales support, * Financial support* and much more...

Main Office Address:
Povo do Burro, Nº 1
Praia do Carvoeiro
8400-502 Lagoa
Algarve, Portugal

TEL:
Portugal:+351 282 357109 / +351 282 357 344
Norway: 96 51 27 25 / 90 03 59 14

FAX:
Portugal: +351 282 357798
EMAIL:
For Portugal; vernon@mail.telepac.pt
vernon.algarve@gmail.com

For Norway:
Lholmsen@newmedia.no     kjelsrud@online.no


 
 NEWS

IMT - Property purchase tax 

IMT (property purchase tax)

which was formally known as the SISA is now payable on a sliding scale of 2% - 8%on all properties valued at more than €87,500.  

5% for rural land and    6.5% for other urban buildings i.e.(commercial properties).

Note that there is a difference between the IMT payable on property for permanent occupation and that for non permanent.

Note also that the top level of IMT for non residents is reduced to properties with a value of €543,900 or over.

The IMI payable by a “blacklisted” company held property will be reduced from 5% to 1% of the tax value of the property