About Us on the media: Portugal Launches New Rebate Program to Attract Film and TV Shoots
On Hollywood Reporter: Portugal Launches New Rebate Program to Attract Film and TV Shoots
3:14 PM PST 2/26/2018 by Gregg Kilday
A new fund will offer 25 percent cash rebates.
In an effort to attract film and television production, Portugal is introducing a new incentive program, offering substantial rebates of 25 percent of the cost of production up to €4 million, or nearly $5 million, per project.
In the case of projects that are determined to have special cultural relevance to Portugal, have significant impact on cinematography in Portugal, chose to shoot in low-population areas or employ actors or technicians with disabilities, rebates of 30 percent are available.
For 2018, the rebate fund, which was approved in January, will total €10 million ($10.32 million), rising to €12 million ($14.78 million) in subsequent years. The program is being managed by the Portuguese Film and Audiovisual Institute (ICA) and is supported by a fund under the auspices of Portugal Tourism.
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