In the latest episode of the podcast ‘A Quem de Direito’, a joint initiative by VdA and Jornal Económico, Francisco Cabral Matos, partner responsible for VdA's Tax practice, analyses the role of taxation in addressing Portugal’s housing crisis.
During the discussion, topics such as tax solutions to promote long-term and affordable rentals, the importance of legislative stability, and the role of investment funds as an alternative vehicle for real estate investment are examined. Francisco Cabral Matos argues that ‘tax predictability is fundamental for attracting long-term investment’ and that ‘the real challenge lies not in creating new regimes, but in consolidating and stabilising those already in place’.
The episode also highlights practical challenges, such as the fragmentation of public information and delays by the entities involved in applying tax incentives, emphasising the need for greater institutional coordination. On the topic of investment funds, the episode underscores the potential of these instruments to democratise access to real estate investment, as long as they are accompanied by a more balanced tax regime for domestic investors.
