Portuguese PM AntĂłnio Costa submitted his resignation today, after learning that he is the target of a criminal case.
As you’ll note from the top of this thread, it was his government’s 2024 state budget that outlined the end for NHR. But given today’s events…
…everything changed this Tuesday.
The NotĂcias ao Minuto portal has already pointed out that the current proposal will disappear from Parliament’s agenda because the Government will change.
Quoting the Constitution of the Portuguese Republic: “Law and referendum proposals expire with the resignation of the Government” .
In other words, we’ll be “running around” at the beginning of 2024 – it is not yet known what the President of the Republic will decide, the most likely being the dissolution of the Assembly of the Republic.
So, we will wait for new elections and a new Budget. Just as happened in 2022: the State Budget for that year was rejected, there were early elections in January and the Budget was only approved… at the end of May.