Crypto tax in Portugal
Tax-free if held over 365 days. Short-term gains taxed at 28%.
- Short-term rate
- 28%
- Long-term rate
- 0%
- Treatment
- Capital gains tax
- Currency
- EUR
How Portugal taxes crypto
Portugal introduced crypto taxation in 2023. Gains from crypto held less than 365 days are taxed at a flat 28% rate. Crypto held longer than 365 days is completely exempt from taxation. This policy has made Portugal a popular destination for crypto investors.
The long-term rate applies once you have held for more than 12 months.
A 10,000 EUR gain, settled
| Held | Rate | Taken | Kept |
|---|---|---|---|
| Short-term | 28% | 2,800 | 7,200 |
| Long-term | — | — | 10,000 |
This is the arithmetic the app runs on your device. Real liability depends on your residency, income, allowances and how the authority classifies your activity. Treat it as an estimate and check with a qualified adviser before you act.
Elsewhere in Europe
| Jurisdiction | Short-term | Long-term |
|---|---|---|
| Czechia | 23% | — |
| Georgia | — | — |
| Germany | 45% | — |
| Luxembourg | 42% | — |
| Malta | 35% | — |
| Switzerland | — | — |
| Turkey | — | — |
| Netherlands | 2% | 2% |
Headline rate last checked 31 July 2026 · methodology