Expatriation Spain - tax comparison
🇪🇸

Spain

VS
Expatriation Portugal - tax comparison
🇵🇹

Portugal

Spain vs Portugal

Complete comparison for your tax relocation

Data up to date as of January 15, 2025
Top income tax bracket
47%
🇪🇸 Spain
vs
48%
🇵🇹 Portugal
Monthly cost (single)
1 300 €
🇪🇸 Spain
vs
1 200 €
🇵🇹 Portugal
Safety
6/10
🇪🇸 Spain
vs
7/10
🇵🇹 Portugal

Taxation

🇪🇸Spain
🇵🇹Portugal
Top income tax bracket47%48%
Corporate tax25%19%
Capital gains0%0%
VAT21%23%
Tax treaty with FranceYesYes
Special regimeLey BeckhamIncentivo Fiscal à Investigação Científica e Inovação (IFICI)
Wealth taxYesNo
Territorial taxationNoNo
🇪🇸

Ley Beckham

Duration: 6 ans (année d'arrivée + 5 ans)

Régime fiscal spécial pour les travailleurs déplacés en Espagne. Permet d'etre imposé comme non-résident avec un taux forfaitaire de 24 % sur les revenus espagnols jusqu'à 600 000 EUR.

🇵🇹

Incentivo Fiscal à Investigação Científica e Inovação (IFICI)

Duration: 10 ans

Successeur du NHR depuis 2024. Taux forfaitaire de 20 % sur les revenus portugais pour les nouveaux résidents fiscaux exerçant des activités à haute valeur ajoutée ou dans la recherche scientifique.

Cost of living

🇪🇸Spain
🇵🇹Portugal
Monthly cost (single)1 300 €1 200 €
Monthly cost (couple)2 100 €1 900 €
City center rent1 050 €950 €
Outside city rent650 €600 €
Private health insurance90 €80 €
Public healthcareAccessibleAccessible

Estimated total monthly budget (single, with city center rent)

🇪🇸 Spain2 350 €/mo
🇵🇹 Portugal2 150 €/mo

Portugal is approximately 200 € cheaper per month in total.

Quality of life

🇪🇸Spain
🇵🇹Portugal
Average temperature18°C17°C
Safety6/107/10
Health index77/10072/100
Internet150 Mbps120 Mbps
Timezone vs Paris+0h-1h
French-speaking communityMediumMedium
LanguagesEspagnol, Catalan, BasquePortugais
CurrencyEuro (EUR)Euro (EUR)
Corruption index60/10061/100
Democracy index7.97/107.95/10

Settling in

🇪🇸Spain
🇵🇹Portugal
Residence permit delay4 months6 months
Company creation14 days5 days
Bank accountModerateModerate
Political stability7/108/10
Ease of business30th worldwide39th worldwide

Summary

🇪🇸

Spain

  • Top IT: 47% | Corp. tax: 25%
  • Cost of living: 1 300 €/mo
  • Safety: 6/10 | Health: 77/100
  • Regime: Ley Beckham (6 ans (année d'arrivée + 5 ans))
View full profile Spain
🇵🇹

Portugal

  • Top IT: 48% | Corp. tax: 19%
  • Cost of living: 1 200 €/mo
  • Safety: 7/10 | Health: 72/100
  • Regime: Incentivo Fiscal à Investigação Científica e Inovação (IFICI) (10 ans)
View full profile Portugal

Comparative analysis: Spain vs Portugal

Which country has lower taxes?

Both countries are fairly close on taxation. Income tax reaches 47% in Spain and 48% in Portugal. Corporate tax is 25% and 19% respectively.

Which country is cheaper to live in?

The cost of living is lower in Portugal. A single person spends about 1 200 EUR/month excluding rent, compared to 1 300 EUR/month in Espagne. City center rent averages 950 EUR versus 1 050 EUR.

Which country is safer?

Portugal scores higher on safety (7/10 versus 6/10). In terms of healthcare, Espagne leads with an index of 77/100 compared to 72/100 for Portugal.

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Disclaimer

The tax information presented is based on estimates from public sources (PwC, OECD, government sources). It does not constitute tax or legal advice. Tax rules change regularly and your personal situation may significantly affect the calculation. Consult a qualified professional before making any relocation decision.