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by zemvpferreira 1397 days ago
It is what it is. It would be unfair if we (I'm Portuguese as well) were suddenly taxed at a higher rate than foreigners, but the truth is we've lived with higher taxes and lower wages for a long time. Anything that brings rich/skilled people into the country will be a good thing in the mid-to-long run.

As far as the housing market goes I've always seen blaming foreigners as a very convenient excuse. Truth is our market follows the price of mortgages and those haven't been this cheap ever. Blame your fellow countrymen whose parents can loan them 50K to get a foot in the door instead.

1 comments

It is an excuse to blame the foreigners, agreed. These measures were not decided by them, I just think the government hasn't invested enough on affordable housing, and this helps.

About we not getting a tax raise... true, but we do have price indirect cost increases, mostly in housing. Right now most of my friends outside tech here in Lisbon are making ~800€ a month. That's around the cost for a tiny 1 bedroom within 45min of their workplace, a lot of them have to share a house with people they don't know.

Bringing skilled people is good, but will they be retained once time is up for the benefits? Is the government actually investing in high-tech or just picking up the scraps from foreign business?