Portugal boasts a picturesque coastline, a rustic countryside, historic architecture and a capital city, Lisbon, throbbing with urban excitement. In early 2017 the Iberian nation – through the Portuguese Film and Audiovisual Institute (ICA), the national film agency provides support for the development of the Portuguese film and audiovisual industry – set up a new production incentive that now offers one of the most attractive schemes in Europe, with a cash rebate offering of up to 30%
Specifically, the incentive provides a cash rebate that ranges from 25% to 30%. The minimum production expenditure required for fiction is 500,000 euros, or approximately $567,000. For documentaries the minimum required is 250,000 euros. The program’s annual cap is set at $14.4 million, and it will continue at least through 2021. Read more.