What Is The Average Salary In Portugal?

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..

How much money do I need to retire in Portugal?

As mentioned above, you can retire comfortably in Portugal, in a large city, on an income of $1,400 per month — or less. For some people, the value of your Social Security benefit is enough to cover your costs of living.

Is Portugal good place to live?

Let’s face it, nowhere is perfect. There are a lot of pros to life in Portugal: the weather is great, the cost of living is low, the beaches are beautiful… … It’s also not a list of things that Portuguese should change, and it’s definitely not a list of things that Portugal will change.

Can you live in Portugal tax free?

Portugal’s ‘non-habitual residents’ (NHR) scheme gives special tax benefits to new residents for their first ten years in the country. It also offers a lower income tax rate of 20% if you’re employed in Portugal in a ‘high value’ activity and allows you to receive foreign income – like pensions – tax-free.

Where can I retire for $500 a month?

5 Places to Retire for Under $500 per MonthLeon, Nicaragua. Nicaragua has suffered serious bad press as a result of its troubled past and current President. … Medellin, Colombia. … Las Tablas, Panama. … Chiang Mai, Thailand. … Languedoc-Roussillon, France. … Kathleen Peddicord is the founder of the Live and Invest Overseas publishing group.

How much does a house cost in Portugal?

Property in Portugal is some of the best priced in Europe. Recent figures from National Statistics Institute show the average house price in Portugal at just EUR 1,187 a square metre – EUR 1,243 for flats, and EUR 1,090 for houses. That compares to EUR 2,649 in the UK, or EUR 2,300 in France, for instance.

What is a good salary in Portugal?

Portugal’s average salary before tax ranks 29th among the 36 OECD countries. The actual value is about 1.871 euros a month, if you divide the annual amount before tax by 12 months.

What is the hourly wage in Portugal?

The average hourly wage (pay per hour) in Portugal is 16 EUR. This means that the average person in Portugal earns approximately 16 EUR for every worked hour.

Is healthcare free in Portugal?

State healthcare in Portugal is not completely free. Healthcare costs are covered by the state, and patients pay standard user fees, known as ‘taxas moderadoras’.

Is Portugal wealthy?

Portugal is one of the most unequal countries in Europe. The wealthy citizens earn an income that is five times higher than other people who are living in poverty. … After the 2008 recession, Portugal did not progress economically compared to the other countries around the world.

Is it easy to get job in Portugal?

The growing number of international companies based in Portugal has made it easier for expats to work in the country. Job opportunities in the fields of IT, marketing, and in other online and tech jobs are increasing. Jobs in real estate and tourism have long been a safe option for expats.

What is the most common job in Portugal?

The most popular types of jobs in Portugal include tourism and hospitality-related work. You’ll see lots of jobs in retail, restaurants, customer service, resorts and hotels. Tech-related jobs in IT are also on the rise in Portugal, and call center work is almost always available.

Where is the cheapest place to live in Portugal?

Best Place to Live or Retire Cheap in Portugal for Cultural ExplorersLisbon: Live or Retire Cheap in Lisbon Portugal (<==details) Yes. ... Porto: Live or Retire Cheap in Porto Portugal. ... Sintra: Live or Retire Cheap in Sintra Portugal. ... Coimbra Live or Retire Cheap in Coimbra Portugal.More items...•

Is it easy to move to Portugal?

The process of relocating to Portugal is relatively easy if you follow the country’s customs rules, especially when coming from outside of Europe. Not doing so could mean your belongings end up being held at customs, which will require a good deal of persistence to get them back.

What you need to know before moving to Portugal?

21 Things to Know Before Moving to PortugalThey don’t speak Spanish. The Portuguese don’t speak Spanish. … There used to be an empire. … There’s more than one bit of land. … They’ve got great healthcare options. … There’s stunning countryside… … 6. … … They’re bonkers about fresh fish. … They have a rich wine history.More items…•