New Prime Minister Appointed Following Election Results

25 March 2024

The President of the Republic, Marcelo Rebelo de Sousa, appointed the president of the Social Democratic Pary (PSD), Luís Montenegro, as Prime Minister on Thursday, the 20th of March, following the announcement of the emigration votes, which confirmed the Democratic Alliance's (AD) advantage of two parliamentary seats over the Socialist Party (PS) in the overall results.


The Democratic Alliance, comprising the parties PSD, CDS, and PPM, secured 80 parliamentary seats (29.49%) in the Portuguese Parliament, compared to 78 for the Socialist Party (28.66%), with the far-right Chega party coming in third with 50 elected deputies (18.06%). The general elections were held on the 10th of  March  2024.


The right-wing Liberal Initiative (IL) retained eight seats, the Left Bloc (BE) five, and the People-Animals-Nature party (PAN) maintained one. The left-wing Livre increased its representation from one to four parliamentary seats, while the Communist Party (CDU) lost two seats, leaving it with four.


Despite winning the elections, the Democratic Alliance will not hold a majority, necessitating the establishment of parliamentary agreements with the Socialist Party or Chega on various governance matters. The composition of the new Government will be announced on the 28th of March, with the inauguration scheduled for the 2nd of April.

IRS 2026: Key Deadlines, Compliance Obligations and Practical Considerations

by LVP Advogados | Tax Team • 28 January 2026
Learn how to navigate tax returns, from income reporting to IRS filing, with step-by-step guidance for accurate payments or refunds.

Finished Your Studies in Portugal? Article 122 May Allow You to Stay and Work

by Javier Mateo • 23 January 2026
Learn how international graduates in Portugal can stay and work legally under Article 122, transitioning from student to professional residence without leaving the country.

Employment Termination under Portuguese Law: What Employers Need to Know

by Margarida Tempera • 19 January 2026
Essential guide for employers on terminating employment in Portugal, detailing legal grounds, procedural requirements, and compliance under Portuguese labour law.

The C-Suite Migration to Portugal: Why IFICI is a Strategy, Not Just a Tax Break

by Francisca Abrantes • 16 January 2026
The IFICI tax regime is reshaping how founders, CEOs, and senior executives approach relocation to Portugal. Beyond tax benefits, IFICI raises critical issues of corporate substance, governance, and group-level risk for international businesses.

Crypto-Assets in Portugal: Current tax Framework and Key Developments

by António Prata Nunes • 13 January 2026
Legal analysis of Portugal’s post-2023 crypto tax framework, covering IRS classification, capital gains, exemptions, tax deferral and cross-border implications.

Operating in Portugal Through Equivalent Foreign Entities

by Tomás Melo Ribeiro • 6 January 2026
Registration of equivalent foreign entities in Portugal: requirements, fiscal representation, rights, and key legal and tax considerations for non-EU investors.

Driving Licence Reform in the EU: What the New Rules Mean for Residents and Drivers

by Cleuzina Silva • 2 January 2026
Key points of the EU driving licence reform and what the new rules mean in practice for residents and drivers in Europe.

Portuguese Golden Visa: Strategic Investment Pathways Chosen by Our Clients

by Luís Maria Branco • 26 December 2025
An overview of the Portuguese Golden Visa, highlighting investment fund and cultural routes, family advantages, mobility within Schengen, and long-term residency planning.

Buying Real Estate in Portugal: Why the Asset vs. Share Deal Question Comes Before the Property

by Francisca Abrantes • 19 December 2025
Before buying real estate in Portugal, understanding the tax impact of asset vs. share deals is crucial. Learn why structuring upfront matters for exit.
More posts