Portugal s Rebates Lure Foreign Shoots, Power Domestic Production
Martin Dale, provided by
FacebookTwitterEmail
Portugal’s cash rebate scheme, introduced in 2018, is attracting major international productions and new production outfits and facilities, and providing significant leverage for domestic film and TV productions.
Shoots slowed during the pandemic, with several projects lensed in bubbles, but production is expected to surge in the second half of 2021.
More from Variety
The current cash rebate is tabbed at 25/30% of eligible production spend and may be upwardly revised in the near future.
€22.5 million ($27.5 million) in total cash rebate has been disbursed since 2018, roughly equally split between international shoots and 100% Portuguese productions and co-productions.