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.
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.
High-profile projects include Ira Sachs’ “Frankie,” with Isabelle Huppert, Richard Stanley’s “The Color Out of Space,” starring Nicolas Cage, Marco Pontecorvo’s “Fatima,” with Harvey Keitel, and three Bollywood pics. These projects have accessed cash rebate per pic varying between €631,000 and €1.9 million ($2.4 million) Portugal is also shaking up its production eco-system. Pubcaster Rtp has shifted from telenovelas to...
Shoots slowed during the pandemic, with several projects lensed in bubbles, but production is expected to surge in the second half of 2021.
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.
High-profile projects include Ira Sachs’ “Frankie,” with Isabelle Huppert, Richard Stanley’s “The Color Out of Space,” starring Nicolas Cage, Marco Pontecorvo’s “Fatima,” with Harvey Keitel, and three Bollywood pics. These projects have accessed cash rebate per pic varying between €631,000 and €1.9 million ($2.4 million) Portugal is also shaking up its production eco-system. Pubcaster Rtp has shifted from telenovelas to...
- 3/3/2021
- by Martin Dale
- Variety Film + TV
by new contributor Claudio Alvez
a biopic on the queer 1980s singer António Variações could be Portugal's Oscar submission
In the history of the Best International Film Oscar (formerly known as Best Foreign Language Film) no country has as many failed submissions as Portugal. It’s been submitting films every year since 1980 and yet, not one of them has managed to secure a nomination. As a Portuguese cinephile and Oscar buff this has always saddened me and I doubt this Awards season will change anything.
At the moment, there are four finalists for the Oscar submission. A special jury has selected Rage, Parque Mayer, Variações: Guardian Angel and The Domain. Following this, the Portuguese Academy of Cinema (Academia Portuguesa de Cinema) will vote on the eventual Oscar submission. The results should be known this month, perhaps around the time The Domain arrives at Portuguese cinemas. Right now, it’s the...
a biopic on the queer 1980s singer António Variações could be Portugal's Oscar submission
In the history of the Best International Film Oscar (formerly known as Best Foreign Language Film) no country has as many failed submissions as Portugal. It’s been submitting films every year since 1980 and yet, not one of them has managed to secure a nomination. As a Portuguese cinephile and Oscar buff this has always saddened me and I doubt this Awards season will change anything.
At the moment, there are four finalists for the Oscar submission. A special jury has selected Rage, Parque Mayer, Variações: Guardian Angel and The Domain. Following this, the Portuguese Academy of Cinema (Academia Portuguesa de Cinema) will vote on the eventual Oscar submission. The results should be known this month, perhaps around the time The Domain arrives at Portuguese cinemas. Right now, it’s the...
- 9/6/2019
- by Cláudio Alves
- FilmExperience
In 2017, Portugal introduced a tax incentive scheme, revamped in mid-2018 as a 25%-30% cash-rebate scheme, with a €0.5 million ($0.57 million) minimum spend for shoots.
The scheme, run by Portugal’s National Film and Audiovisual Institute (Ica) and Turismo de Portugal, has earmarked $14.4 million per year for 2019-21.
The new, more competitive terms — which include a higher rate, lower minimum spend and, critically, application during shooting — has led to a tenfold increase in applications.
Under the previous scheme there were three request to use the scheme, two of which were transferred to the new scheme, whereas in the first six months of the revamped scheme there have been 23 applications, 15 of which have already been approved, corresponding to a global production spend in Portugal of $28.5 million.
Portugal’s film commission system, overseen by Pic Portugal, is undergoing a major overhaul, including a fast-track film permit system and an online locations database.
International productions...
The scheme, run by Portugal’s National Film and Audiovisual Institute (Ica) and Turismo de Portugal, has earmarked $14.4 million per year for 2019-21.
The new, more competitive terms — which include a higher rate, lower minimum spend and, critically, application during shooting — has led to a tenfold increase in applications.
Under the previous scheme there were three request to use the scheme, two of which were transferred to the new scheme, whereas in the first six months of the revamped scheme there have been 23 applications, 15 of which have already been approved, corresponding to a global production spend in Portugal of $28.5 million.
Portugal’s film commission system, overseen by Pic Portugal, is undergoing a major overhaul, including a fast-track film permit system and an online locations database.
International productions...
- 2/9/2019
- by Martin Dale
- Variety Film + TV
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