The Irish company I work for offered me to work remotely 100%. I think it would be a good idea to move and work in a place with better weather and cheaper life.

I am mainly considering Spain and Portugal but I am afraid to incur heavy taxation. I know that both countries offer discounted taxes for new residents.

Can someone tell me how much taxes should I pay on those countries with a salary of around 60K euro?

  • Note that tax isn't the only relevant factor. You may find it difficult to pay social security, in which case you'll want private health insurance. Commented Sep 28, 2018 at 19:00
  • Don't forget about healthcare and social security costs too. These are often separate from "tax", but can take a big chunk of your pay. Commented Oct 24, 2018 at 8:57

1 Answer 1


KPMG show the tax bands for each countries:


€0 to €12,450 is taxed at 19%

€12,450 to €20,200 is taxed at 24%

€20,200 to €35,200 is taxed at 30%

€35,200 to €60,000 is taxed at 37%

€60,000 and over is taxed at 45%


€0 to €7091 is taxed at 14.5%

€7091 to €10,700 is taxed at 24%

€10,700 to €20,261 is taxed at 38.5%

€20,261 to €25,000 is taxed at 35%

€25,000 to €36,856 is taxed at 37%

€36,856 to €80,640 to is taxed at 45%

€80,640 and over is taxed at 48%

There are several online tax calculators for Spain (e.g. Salary after Tax & Spanish income tax calculator which give "take home pay" figures of €41,405 & €42,314) but I couldn't find a decent one for Portugal.

  • As a non habitual resident Portugal offers a 20% cap for a list of approved professions for 10 years Commented May 25, 2018 at 13:34

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