ERE in Portugal
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Strategies
Before ERE
After ERE
Tax System
The Portuguese tax system is going to change in the future. Possibly VAT in the autonomous areas will be the same as mainland.
Income Tax
Corporate Tax (IRC)
- Income <= 12500.00 EUR is taxed at 12.5%.
- Income > 12500.00 EUR is taxed at 25%.
Property Tax
Capital Gains Tax
Consumption Tax (IVA - Imposto Sobre Valor Acrescentado or VAT)
Mainland
- 6% on basic essential stuff like Rice, Water, Pasta, etc.
- 13% at restaurants.
- 23% on everything else.
Madeira and Azores (autonomous areas)
- 4% on basic essential stuff like Rice, Water, Pasta, etc.
- 9% at restaurants.
- 16% on everything else.
Healthcare
Workers contributing to social security are eligible for the public health system.