Vê Este Vídeo se Tens Menos de 35 Anos e Vives em Portugal (Vais Enriquecer)

Summary

The video script discusses new Portuguese government measures aimed at young people up to 35 years old, set to take effect from January 2025. The focus is on tax reductions, with the 'IRS Jovem' potentially saving an average salary earner around 2,000€ per year. Additionally, the script covers incentives for first-time home buying, including exemption from IMT (Property Transfer Tax) and Stamp Duty, and the possibility of 100% financing with state guarantees. These measures aim to make it easier for young people to save, invest, and afford their first home, although they may also impact the state's revenue.

Takeaways

• 😀 The Portuguese government has approved new measures aimed at young people up to 35 years old, which could potentially increase their disposable income.
• 📉 A new IRS (Income Tax) reduction for young people has been implemented, which could save an average salary of around 2,000€ per year.
• 💼 This tax reduction applies to both dependent workers (Category A) and independent workers (Category B) under the age of 35.
• 📊 The new tax rates for young people range from 4.42% to 15% up to the eighth bracket of IRS, a significant decrease from the previous rates of 13.25% to 45%.
• 🏠 Measures have been introduced to exempt young people from IMT (Municipal Property Tax) and seal tax when purchasing their first home up to the fourth bracket.
• 🏡 The state provides support for housing expenses through 'Porta 65', which has been reformed to extend aid to more young people.
• 💰 A 100% financing option for the first home purchase is available through a public guarantee, covering up to 15% of the property's value.
• 🏘️ Public-private partnerships will make public properties available for rehabilitation or construction at more affordable prices.
• 🛠️ A 'Constructive Bonus' has been introduced to create housing projects at below-market prices.
• 📚 Students in higher education, especially those without sufficient means, will benefit from an emergency program for student accommodation with more affordable and dignified living conditions.
• 💼 The speaker emphasizes the importance of investing early for retirement, using the example of investing in an ETF that tracks the S&P 500 to potentially become a millionaire by the age of 65.

Q & A

What is the main focus of the new measures approved by the government for young people in Portugal?

The main focus of the new measures is to provide financial relief and opportunities for young people up to 35 years old, including changes to the IRS (personal income tax) and incentives for purchasing their first home.

How much money can a young person with an average salary potentially save with the new IRS measures in Portugal?

A young person with an average salary could potentially save around 2,000 € per year with the new IRS measures.

What are the new tax rates for young people under the IRS young measure in Portugal?

The new tax rates for young people under the IRS young measure range from 4.42% to 15% up to the eighth bracket of the IRS, which is a significant reduction from the previous rates of 13.25% to 45%.

What is the expected impact of the new IRS measures on young people's financial situation in Portugal?

The new IRS measures are expected to put more money in young people's pockets, giving them more possibilities to move out of their parents' home, pay off debts, and even invest for the future.

How does the investment in S&P 500 ETFs factor into the video creator's discussion about financial planning for young people?

The investment in S&P 500 ETFs is presented as an example of how young people can grow their wealth over time through regular investments, emphasizing the power of compounding returns.

What is the significance of the 'Porta 65' in the context of the new housing measures for young people in Portugal?

The 'Porta 65' is a state aid program that helps young people with the rent of their home, and the new measures propose reforms to increase the support provided through this program.

What is the main benefit of the 100% financing option for young people buying their first home in Portugal?

The main benefit is that the state guarantees up to 15% of the property value, which reduces the initial amount young people need to save for a down payment, making homeownership more accessible.

What are the criteria for young people to be eligible for the 100% financing option for their first home in Portugal?

To be eligible, young people must be between 18 and 35 years old, have an annual income up to the eighth tax bracket, not own any property, and the property value must be up to 450,000 €.

How do the new measures aim to reduce the financial burden on young people when purchasing their first home?

The new measures include exemptions from IMT (Municipal Property Tax) and stamp duty, reduced VAT rates for rehabilitation or construction works, and the provision of public properties for rehabilitation at affordable prices.

What additional support is provided for students in higher education regarding accommodation in the new measures?

An emergency program for student accommodation has been introduced, creating more beds with dignified conditions and affordable prices for students.

What is the potential downside of the new measures that provide financial incentives for young people to buy homes?

While the measures aim to make homeownership more accessible, there is a concern that they might lead to an increase in real estate prices and potentially burden young people with higher monthly payments.