Expatriation Colombia - tax comparison
🇨🇴

Colombia

VS
Expatriation Portugal - tax comparison
🇵🇹

Portugal

Colombia vs Portugal

Complete comparison for your tax relocation

Data up to date as of January 15, 2025
Top income tax bracket
39%
🇨🇴 Colombia
vs
48%
🇵🇹 Portugal
Monthly cost (single)
600 €
🇨🇴 Colombia
vs
1 200 €
🇵🇹 Portugal
Safety
4/10
🇨🇴 Colombia
vs
7/10
🇵🇹 Portugal

Taxation

🇨🇴Colombia
🇵🇹Portugal
Top income tax bracket39%48%
Corporate tax35%19%
Capital gains15%0%
VAT0%23%
Tax treaty with FranceYesYes
Special regimeNoneIncentivo Fiscal à Investigação Científica e Inovação (IFICI)
Wealth taxYesNo
Territorial taxationNoNo
🇵🇹

Incentivo Fiscal à Investigação Científica e Inovação (IFICI)

Duration: 10 ans

Successeur du NHR depuis 2024. Taux forfaitaire de 20 % sur les revenus portugais pour les nouveaux résidents fiscaux exerçant des activités à haute valeur ajoutée ou dans la recherche scientifique.

Cost of living

🇨🇴Colombia
🇵🇹Portugal
Monthly cost (single)600 €1 200 €
Monthly cost (couple)1 000 €1 900 €
City center rent400 €950 €
Outside city rent250 €600 €
Private health insurance40 €80 €
Public healthcareAccessibleAccessible

Estimated total monthly budget (single, with city center rent)

🇨🇴 Colombia1 000 €/mo
🇵🇹 Portugal2 150 €/mo

Colombia is approximately 1 150 € cheaper per month in total.

Quality of life

🇨🇴Colombia
🇵🇹Portugal
Average temperature24°C17°C
Safety4/107/10
Health index69/10072/100
Internet40 Mbps120 Mbps
Timezone vs Paris-6h-1h
French-speaking communityVery smallMedium
LanguagesEspagnolPortugais
CurrencyPeso colombien (COP)Euro (EUR)
Corruption index40/10061/100
Democracy index6.72/107.95/10

Settling in

🇨🇴Colombia
🇵🇹Portugal
Residence permit delay3 months6 months
Company creation11 days5 days
Bank accountModerateModerate
Political stability4/108/10
Ease of business67th worldwide39th worldwide

Summary

🇨🇴

Colombia

  • Top IT: 39% | Corp. tax: 35%
  • Cost of living: 600 €/mo
  • Safety: 4/10 | Health: 69/100
View full profile Colombia
🇵🇹

Portugal

  • Top IT: 48% | Corp. tax: 19%
  • Cost of living: 1 200 €/mo
  • Safety: 7/10 | Health: 72/100
  • Regime: Incentivo Fiscal à Investigação Científica e Inovação (IFICI) (10 ans)
View full profile Portugal

Comparative analysis: Colombia vs Portugal

Which country has lower taxes?

In terms of taxation, Portugal is generally more advantageous. The top marginal income tax rate is 48% compared to 39% in Colombie. Corporate tax stands at 19% versus 35%. Capital gains are taxed at 0% in Portugal versus 15% in Colombia.

Which country is cheaper to live in?

The cost of living is lower in Colombie. A single person spends about 600 EUR/month excluding rent, compared to 1 200 EUR/month in Portugal. City center rent averages 400 EUR versus 950 EUR.

Which country is safer?

Portugal scores higher on safety (7/10 versus 4/10). In terms of healthcare, Portugal leads with an index of 72/100 compared to 69/100 for Colombie.

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Disclaimer

The tax information presented is based on estimates from public sources (PwC, OECD, government sources). It does not constitute tax or legal advice. Tax rules change regularly and your personal situation may significantly affect the calculation. Consult a qualified professional before making any relocation decision.