Expatriation Portugal - tax comparison
🇵🇹

Portugal

VS
Expatriation Singapore - tax comparison
🇸🇬

Singapore

Portugal vs Singapore

Complete comparison for your tax relocation

Data up to date as of January 15, 2025
Top income tax bracket
48%
🇵🇹 Portugal
vs
24%
🇸🇬 Singapore
Monthly cost (single)
1 200 €
🇵🇹 Portugal
vs
2 200 €
🇸🇬 Singapore
Safety
7/10
🇵🇹 Portugal
vs
8/10
🇸🇬 Singapore

Taxation

🇵🇹Portugal
🇸🇬Singapore
Top income tax bracket48%24%
Corporate tax19%17%
Capital gains0%0%
VAT23%9%
Tax treaty with FranceYesYes
Special regimeIncentivo Fiscal à Investigação Científica e Inovação (IFICI)Taxation territoriale et 0 % plus-values
Wealth taxNoNo
Territorial taxationNoYes
🇵🇹

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.

🇸🇬

Taxation territoriale et 0 % plus-values

Duration: Permanente (systeme par défaut)

Singapour ne taxe pas les plus-values personnelles et applique une imposition territoriale : seuls les revenus de source singapourienne ou rapatriés à Singapour sont imposés. Les taux d'imposition sont tres progressifs et bas.

Cost of living

🇵🇹Portugal
🇸🇬Singapore
Monthly cost (single)1 200 €2 200 €
Monthly cost (couple)1 900 €3 500 €
City center rent950 €2 500 €
Outside city rent600 €1 600 €
Private health insurance80 €250 €
Public healthcareAccessibleAccessible

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

🇵🇹 Portugal2 150 €/mo
🇸🇬 Singapore4 700 €/mo

Portugal is approximately 2 550 € cheaper per month in total.

Quality of life

🇵🇹Portugal
🇸🇬Singapore
Average temperature17°C27°C
Safety7/108/10
Health index72/10072/100
Internet120 Mbps300 Mbps
Timezone vs Paris-1h+7h
French-speaking communityMediumSmall
LanguagesPortugaisAnglais, Mandarin, Malais, Tamoul
CurrencyEuro (EUR)Dollar singapourien (SGD)
Corruption index61/10083/100
Democracy index7.95/106.02/10

Settling in

🇵🇹Portugal
🇸🇬Singapore
Residence permit delay6 months2 months
Company creation5 days2 days
Bank accountModerateEasy
Political stability8/109/10
Ease of business39th worldwide2th worldwide

Summary

🇵🇹

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
🇸🇬

Singapore

  • Top IT: 24% | Corp. tax: 17%
  • Cost of living: 2 200 €/mo
  • Safety: 8/10 | Health: 72/100
  • Regime: Taxation territoriale et 0 % plus-values (Permanente (systeme par défaut))
View full profile Singapore

Comparative analysis: Portugal vs Singapore

Which country has lower taxes?

In terms of taxation, Singapour is generally more advantageous. The top marginal income tax rate is 24% compared to 48% in Portugal. Corporate tax stands at 17% versus 19%.

Which country is cheaper to live in?

The cost of living is lower in Portugal. A single person spends about 1 200 EUR/month excluding rent, compared to 2 200 EUR/month in Singapour. City center rent averages 950 EUR versus 2 500 EUR.

Which country is safer?

Singapour scores higher on safety (8/10 versus 7/10). In terms of healthcare, Portugal leads with an index of 72/100 compared to 72/100 for Singapour.

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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.