Portugal’s government is offering a decade of progressive tax breaks to its young as it bids to keep the country’s 18-to-35-year-olds at home and reverse a future-sapping brain drain. Under the proposed scheme,

Over the past decade, thousands of young and educated Portuguese people have left the country in search of opportunities elsewhere in Europe.

Portugal is planning to become a haven for young adults by giving them a decade-long tax break in an attempt to curb brain drain. Under plans proposed by Portugal’s centre-Right government, workers under 35 would be exempt from paying income tax for the first year of their careers,

Portugal’s centre-right government is proposing a decade of tax breaks to stem the brain drain of young professionals.

The Portuguese government is proposing to slash taxes for under-35s in an attempt to dissuade young people from emigrating - and encourage foreigners to settle in Portugal. As part of the annual budget,

Portugal's centre-right government introduced its first budget, aiming for growth and a surplus, despite tax cuts and wage hikes. A failure to pass could collapse the government. Key proposals include tax exemptions for young workers and reduced corporate tax rates to support the economy and investment.

Portugal is planning to turn itself into a low-tax haven for young adults by offering a decade of tax breaks to people starting their careers in an effort to halt a growing brain drain. The country’s centre-right government wants to reduce the income tax burden on young people for 10 years — including a first year in which no tax is due — under a plan that has few precedents in global fiscal policy.

Prime Minister Luis Montenegro wants to see income tax lowered for under-35s, specifically those earning up to €28,000 (£23,400).