Portugal
EuropeSpain
EuropePortugal vs Spain Tax Comparison
Summary
3
🇵🇹 Portugal
0
Ties
4
🇪🇸 Spain
🇪🇸 Spain has lower tax rates in more categories
Tax Rates Comparison
| Category | 🇵🇹Portugal | 🇪🇸Spain |
|---|---|---|
| Top Income Tax Rate | 48% | 47%Lower |
| Corporate Tax Rate | 21%Lower | 25% |
| VAT / Sales Tax | 23% | 21%Lower |
| Capital Gains Tax | 28% | 19%Lower |
| Employee Social Security | 11% | 6.35%Lower |
| Employer Social Security | 23.75%Lower | 29.9% |
| Self-Employed Social Security | 21.4%Lower | 30.6% |
Living Indicators
| Category | 🇵🇹Portugal | 🇪🇸Spain |
|---|---|---|
| Cost of Living Index | 46Lower | 50 |
| Quality of Life Index | 71Lower | 72 |
| Tax Treaties | 79Lower | 96 |
Income Tax Brackets
Portugal
Plus solidarity surcharge of 2.5% on income over 80k and 5% over 250k.
Spain
Rates include both state and regional components. Autonomous communities may vary.
Special Tax Regimes
Portugal
NHR 2.0 (Scientific Research Incentive)
Replaced original NHR in 2024. 20% flat tax on eligible employment/self-employment income for qualified professionals in scientific research and innovation.
Golden Visa
Residency-by-investment program offering path to EU residency and citizenship.
Spain
Beckham Law
Flat 24% tax rate on Spanish-source income up to 600k EUR for 6 years.
Digital Nomad Visa
D8 Digital Nomad Visa: minimum income of 3,510 EUR/month. Valid for 1 year, renewable.
Digital Nomad Visa launched 2023. Minimum income ~2,520 EUR/month.
Disclaimer: This content is for informational purposes only and does not constitute tax advice. Tax laws change frequently. Always consult a qualified tax professional before making decisions about your tax residency or obligations.
Data last updated: Portugal (2024-01) · Spain (2024-01)