Expatriation Portugal - tax comparison
🇵🇹

Portugal

VS
Expatriation Thailand - tax comparison
🇹🇭

Thailand

Portugal vs Thailand

Complete comparison for your tax relocation

Data up to date as of January 15, 2025
Top income tax bracket
48%
🇵🇹 Portugal
vs
35%
🇹🇭 Thailand
Monthly cost (single)
1 200 €
🇵🇹 Portugal
vs
700 €
🇹🇭 Thailand
Safety
7/10
🇵🇹 Portugal
vs
6/10
🇹🇭 Thailand

Taxation

🇵🇹Portugal
🇹🇭Thailand
Top income tax bracket48%35%
Corporate tax19%20%
Capital gains0%0%
VAT23%10%
Tax treaty with FranceYesYes
Special regimeIncentivo Fiscal à Investigação Científica e Inovação (IFICI)Long-Term Resident (LTR) Visa
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.

🇹🇭

Long-Term Resident (LTR) Visa

Duration: 10 ans

Le visa LTR lancé en 2022 offre un taux forfaitaire de 17 % sur les revenus thailandais pour les professionnels hautement qualifiés, et une exonération totale sur les revenus de source étrangere pour certaines catégories (retraités fortunés, investisseurs).

Cost of living

🇵🇹Portugal
🇹🇭Thailand
Monthly cost (single)1 200 €700 €
Monthly cost (couple)1 900 €1 100 €
City center rent950 €500 €
Outside city rent600 €300 €
Private health insurance80 €80 €
Public healthcareAccessibleAccessible

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

🇵🇹 Portugal2 150 €/mo
🇹🇭 Thailand1 200 €/mo

Thailand is approximately 950 € cheaper per month in total.

Quality of life

🇵🇹Portugal
🇹🇭Thailand
Average temperature17°C28°C
Safety7/106/10
Health index72/10078/100
Internet120 Mbps200 Mbps
Timezone vs Paris-1h+6h
French-speaking communityMediumSmall
LanguagesPortugaisThai, Anglais
CurrencyEuro (EUR)Baht (THB)
Corruption index61/10036/100
Democracy index7.95/106.35/10

Settling in

🇵🇹Portugal
🇹🇭Thailand
Residence permit delay6 months2 months
Company creation5 days6 days
Bank accountModerateModerate
Political stability8/105.5/10
Ease of business39th worldwide21th 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
🇹🇭

Thailand

  • Top IT: 35% | Corp. tax: 20%
  • Cost of living: 700 €/mo
  • Safety: 6/10 | Health: 78/100
  • Regime: Long-Term Resident (LTR) Visa (10 ans)
View full profile Thailand

Comparative analysis: Portugal vs Thailand

Which country has lower taxes?

In terms of taxation, Thailande is generally more advantageous. The top marginal income tax rate is 35% compared to 48% in Portugal. Corporate tax stands at 20% versus 19%.

Which country is cheaper to live in?

The cost of living is lower in Thailande. A single person spends about 700 EUR/month excluding rent, compared to 1 200 EUR/month in Portugal. City center rent averages 500 EUR versus 950 EUR.

Which country is safer?

Portugal scores higher on safety (7/10 versus 6/10). In terms of healthcare, Thailande leads with an index of 78/100 compared to 72/100 for Portugal.

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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.