πŸ‡΅πŸ‡Ή Portugal

Europe
2 residency programs
Residence-based taxation
Alfama, Portugal

Countries / Portugal

Known for

Fact Sheet

Continent

Europe

Demonym

Portuguese

Calling code

+351

Driving side

Right
Population
10,600,000
Human development index
0.85
Life expectancy
81 years
Unemployment rate
14%
Inflation rate
0.9%
Fertility rate
1.2

Cost of Life

Cost of Living Index
49.52
Rent Index
21.81
Groceries Index
38.14
Restaurant Price Index
42.48
Local Purchasing Power Index
49.43

Residency Programs (2)

Taxation overview

Tax system

Residence-based taxation

Countries with a residence-based taxation levy tax from your worldwide income for as long as you're a tax resident of that country. This is the most common taxation system.

Tax residence definition varies from country to country. General rule is you're a tax resident of a country if you spend 183 days or more in it in a year.

Tax Treaties (6)

Portugal has concluded 6 tax treaties (also called double tax agreements, or DTAs) with other countries to avoid or mitigate double taxation. Such treaties may cover a range of taxes including income taxes, inheritance taxes, value added taxes, or other taxes.
Note: the list below may not be exhaustive.
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