Will new tax scheme stem Portugal's brain drain?
by editors@theworld.org (Orla Barry) from The World: Latest Stories on (#6RQH2)
Portugal is a popular destination for young foreign workers, particularly US expats with its tax incentives, lower rental prices and good weather. For young Portuguese though, it's a different story. According to The Emigration Observatory, around 30% of Portuguese 15- to 39-year-olds are currently living abroad, with many leaving for better jobs and higher wages. The Portuguese government has proposed a multimillion-dollar tax scheme to try and stem the flow of emigration abroad. The World's Europe correspondent Orla Barry reports.