Usufruct in Portugal in 2026: A Practical Guide to the Usufruto and the Nua Propriedade, the Thirty-Year Company Cap, the Twenty Years of Non-Use, and Who Pays the IMI
Portuguese law splits a property into the right to enjoy it and the right to own it, and the split reaches almost every tax. Who pays the IMI, how the CIMT age table prices each half, the stamp duty that lands when the two halves consolidate, and the twenty-year rule that ends a usufruct.
