Frequent question: What is a good income in Portugal?

Generally, the cities of Lisbon and Porto offer the highest salaries in the country but also have the highest cost of living, especially renting/mortgage payments. Expect to spend an average of $936-1,212 per month to live a decent life in these areas, while $771-882 a month is okay in other parts of the country.

Is 3000 euro a good salary in Portugal?

The average net-disposable income per household in Portugal is €18,198 a year. Many of the locals live off €750 a month. As a couple bringing in €2,000–€3,000 a month, you can enjoy an excellent lifestyle in Portugal.

Is 50K a good salary in Portugal?

If your 50K is before taxes and you are paying taxes in Portugal you should think of some 40% tax, leaving you with some 2250 euro per month. For a Portuguese that is still a very good salary, compare it to a couple, both working a well paid job full time.

Can I live in Portugal for 1000 a month?

Portugal’s cost of living has been rising steadily for the past five years. However, the country remains a relative bargain compared to other places in Western Europe. A couple could live comfortably on 1,915 euros per month, including 1,000 to 1,250 euros per month for rent.

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What are the best paying jobs in Portugal?

The top 10 careers with the highest salaries in Portugal:

Ranking Job Gross Annual Salary in Portugal
1 General Manager in the Health Sector 120,000 – 150,000 euros
2 Chief Information Officer (CIO) 95,000 – 120,000 euros
3 Shared Service Centre Director 90,000 – 110,000 euros
4 E-commerce Manager 50,000 – 75,000 euros

Is English widely spoken in Portugal?

In fact, you are very likely to find more English spoken in Portugal than in Spain or France. In the main tourist areas you will almost always find someone who can speak the main European languages. … Approximately 32% of Portuguese people can speak and understand English, while 24% can speak and understand French.

How much money do you need to live comfortably in Portugal?

Including rent, a couple can live comfortably in Portugal’s interior, or in small cities, from about $1,700 a month. A couple’s budget in Lisbon starts at about $2,100 or $2,200 a month… though you can, of course, spend more. Singles should plan on a budget of about two-thirds that of a couple.

Does a child born in Portugal get citizenship?

The new law states that children born to foreign parents, at least one of whom has lived in Portugal for a minimum of one year will be eligible for Portuguese citizenship at birth. … This is great news for couples who may be planning to start a family in the coming years and want their children to hold an EU passport.

What taxes do I pay in Portugal?

Income tax rates in Portugal

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Annual taxable income Portugal income tax rate
up to €7,112 14.5%
€7,113–€10,732 23%
€10,733–€20,322 28.5%
€20,323–€25,075 35%

Where is the cheapest rent in Portugal?

In the top 5 of the cheapest towns in Portugal in 2020, we can find Sátão, Macedo de Cavaleiros, Valpaços and Calheta, with median rent values of less than 2.35 euros per m2.

Municipality Median value per m2
Lisboa 11.92
Cascais 10.58
Oeiras 10.35
Porto 8.93

Where is the cheapest place to live in Portugal?

Guimarães. This is the place where the whole country was born. It’s located in the north (further north than Porto) and it’s a city filled with history. It is the least touristic city mentioned in this text and, therefore, the cheapest one to live in too.

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