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Portugal Becomes A Magnet For Bike Buyers As Spain Faces Industry Fallout

In Lisbon, Portugal, on November 22, 2025, cyclists ride along a Lisbon riverside path. Portugal becomes a growing destination for bike buyers thanks to its 6% VAT rate on bicycles, which is far lower than Spain's 21%. The tax gap triggers a surge of riders crossing the border to purchase new bikes, raising concern among Spanish retailers and manufacturers over declining domestic sales. (Photo by Luis Boza/NurPhoto)

Photo Details

Photo ID	#13015070
Date Taken	22 November 2025
Location	N/A
Photographer	Luis Boza/NurPhoto
Category	Economy, Business and Finance
Copyright	© 2025 NurPhoto - Luis Boza/NurPhoto

Related Keywords

European cycling market. Lisbon cycling Portugal VAT Spain bike industry bicycle market bicycle retail bike economy consumer migration cross-border shopping cycling cyclists riders Lisbon Portugal November 22 2025 cyclists riverside path bike buyers 6% VAT bicycles tax rate Spain 21% VAT tax gap surge riders border purchase new bikes Spanish retailers manufacturers domestic sales decline concern Luis Boza NurPhoto destination growing destination sales VAT rate bike market cross-border shopping economic impact retail industry.

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