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Re:Portugal to reintroduce tax breaks for skilled foreigners by redrove on Sunday July 07, 2024 @07:38AM (#40896883)
Of course it would feel normal for a Swede.

The taxes are outrageous.

Re:Portugal to reintroduce tax breaks for skilled foreigners by diggan on Sunday July 07, 2024 @07:46AM (#40896920)
Ah, the complaint is merely about the taxes being high? Meh, I like to have infrastructure that doesn't fall apart + healthcare available for everyone, so hard to complain about it. It's just money after all.

(For what it's worth, I barely worked professionally in Sweden so I wasn't really used to anything tax related before I moved to Spain, but it probably colored my perspective, yeah)

Re:Portugal to reintroduce tax breaks for skilled foreigners by herbst on Tuesday July 09, 2024 @04:25AM (#40913718)
To be fair I compare Spain to Switzerland where I currently live and other than the weather and maybe the mentality everything my tax money would be used for is argueable worse than here but costs 3-4 times as much.

(I didn't really earn money before I lived in Switzerland either. It's hard to imagine switching from maybe 13% tax on my income to 50% plus wealth tax)

Re:Portugal to reintroduce tax breaks for skilled foreigners by toomuchtodo on Sunday July 07, 2024 @09:21AM (#40897513)
As an American, I find this very reasonable for the value per sibling comment.
Re:Portugal to reintroduce tax breaks for skilled foreigners by redrove on Sunday July 07, 2024 @09:22AM (#40897519)
Have you ever lived in Spain so you can accurately assess said value?
Re:Portugal to reintroduce tax breaks for skilled foreigners by toomuchtodo on Sunday July 07, 2024 @09:31AM (#40897586)
Yes, I have, as I have young children and need to raise them somewhere more humane than the US. Portugal and Spain were the options, and Spain was what we preferred after living in both.
Re:Portugal to reintroduce tax breaks for skilled foreigners by redrove on Sunday July 07, 2024 @09:33AM (#40897595)
Fair enough, I’ve lived in Spain as well, no children though.
Re:Portugal to reintroduce tax breaks for skilled foreigners by toomuchtodo on Sunday July 07, 2024 @10:50AM (#40898092)
I am not ignorant of the cost you surface wrt taxes, but taking into account my total US tax burden when you add in insurance and medical expenses for a family of four, cross jurisdiction tax credits for taxes I would pay in Spain, as well as the improved quality of life around work life balance, life pace, safety of living a car free life (walking or riding bicycles primary for transportation), and so on, it is a net positive for our situation. I admit others must perform their own assessment to understand if a potentially favorable outcome awaits them.

If you want to grind and become wealthy, it’s not the place to be; it’s a place to live. As always, be mindful what you’re optimizing for.