Portugal seeks to become low-tax haven for young people

Re:Portugal seeks to become low-tax haven for young people by laweijfmvo on Thursday October 10, 2024 @10:55AM (#41799496)

I should look more into cost of living in Portugal, maybe, but one of the other commenters mentioned housing prices being… high. In US, making ~$20,000 you’d be considered poor (maybe not “officially”) and probably pay zero federal tax and receive quite a bit of assistance.

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Re:Portugal seeks to become low-tax haven for young people by titanomachy on Thursday October 10, 2024 @03:11PM (#41802338)

$20k is technically above the US federal poverty line for a single person. I live in a state where anyone under $30k is considered low-income and qualifies for full benefits.

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Re:Portugal seeks to become low-tax haven for young people by gnwn2 on Thursday October 10, 2024 @10:14PM (#41805429)

Well, houses where I live, not Porto or Lisbon, are at 400k now. It is not cheap, getting worst every year

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