Expatriation Italy - tax comparison
🇮🇹

Italy

VS
Expatriation Portugal - tax comparison
🇵🇹

Portugal

Italy vs Portugal

Complete comparison for your tax relocation

Data up to date as of January 15, 2025
Top income tax bracket
43%
🇮🇹 Italy
vs
48%
🇵🇹 Portugal
Monthly cost (single)
1 200 €
🇮🇹 Italy
vs
1 200 €
🇵🇹 Portugal
Safety
5/10
🇮🇹 Italy
vs
7/10
🇵🇹 Portugal

Taxation

🇮🇹Italy
🇵🇹Portugal
Top income tax bracket43%48%
Corporate tax24%19%
Capital gains26%0%
VAT22%23%
Tax treaty with FranceYesYes
Special regimeRégime Impatriati (70 % d'exonération)Incentivo Fiscal à Investigação Científica e Inovação (IFICI)
Wealth taxNoNo
Territorial taxationNoNo
🇮🇹

Régime Impatriati (70 % d'exonération)

Duration: 5 ans (prolongeable de 5 ans sous conditions)

Les travailleurs qui transferent leur résidence fiscale en Italie peuvent bénéficier d'une exonération de 70 % de leur revenu imposable (50 % depuis 2024 pour les nouveaux bénéficiaires). Seuls 30 à 50 % des revenus sont effectivement imposés, ce qui réduit considérablement la charge fiscale.

🇵🇹

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

🇮🇹Italy
🇵🇹Portugal
Monthly cost (single)1 200 €1 200 €
Monthly cost (couple)1 900 €1 900 €
City center rent900 €950 €
Outside city rent550 €600 €
Private health insurance0 €80 €
Public healthcareAccessibleAccessible

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

🇮🇹 Italy2 100 €/mo
🇵🇹 Portugal2 150 €/mo

Italy is approximately 50 € cheaper per month in total.

Quality of life

🇮🇹Italy
🇵🇹Portugal
Average temperature15°C17°C
Safety5/107/10
Health index65/10072/100
Internet80 Mbps120 Mbps
Timezone vs Paris+0h-1h
French-speaking communitySmallMedium
LanguagesItalienPortugais
CurrencyEuro (EUR)Euro (EUR)
Corruption index56/10061/100
Democracy index7.69/107.95/10

Settling in

🇮🇹Italy
🇵🇹Portugal
Residence permit delay6 months6 months
Company creation11 days5 days
Bank accountModerateModerate
Political stability7/108/10
Ease of business58th worldwide39th worldwide

Summary

🇮🇹

Italy

  • Top IT: 43% | Corp. tax: 24%
  • Cost of living: 1 200 €/mo
  • Safety: 5/10 | Health: 65/100
  • Regime: Régime Impatriati (70 % d'exonération) (5 ans (prolongeable de 5 ans sous conditions))
View full profile Italy
🇵🇹

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: Italy vs Portugal

Which country has lower taxes?

Both countries are fairly close on taxation. Income tax reaches 43% in Italy and 48% in Portugal. Corporate tax is 24% and 19% respectively. Capital gains are taxed at 0% in Portugal versus 26% in Italy.

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 1 200 EUR/month in Italie. City center rent averages 950 EUR versus 900 EUR.

Which country is safer?

Portugal scores higher on safety (7/10 versus 5/10). In terms of healthcare, Portugal leads with an index of 72/100 compared to 65/100 for Italie.

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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.