Portugal Expects Its Overhauled €200 Million Film Incentive to Generate €800 Million in Spending by 2029
The government expects the €200 million RIPAC film-production rebate, run by the institute ICA, to generate around €800 million in direct spending by 2029 — a projection built on the assumption that each euro of rebate draws at least four into the country. The budget for foreign shoots rises to €35