Portugal vs Spain: in this video we will compare Spain versus Portugal to determine what is the best place to travel, live and retire.
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00:00 Intro<\/p>\n
-Iberian Peninsula
\n-Spain much larger in territory and pop
\n-Spain wealthier
\n-Both rely heavily in the tourism industry<\/p>\n
01:49 Job Market<\/p>\n
-Salaries are higher in Spain
\n-Unemployment is higher in Spain
\n-Probably easier to get a job in Portugal as a foreigner (services)
\n-Madrid and Barcelona have more international companies<\/p>\n
02:51 Cost of Living <\/p>\n
-Varies greatly depending on the city
\n-Groceries cost pretty much the same
\n-Services are somewhat more expensive in Spain
\n-Lisbon is more expensive in terms of affordability
\n-Smaller cities and towns are considerably cheaper<\/p>\n
03:49 Real Estate<\/p>\n
-Lisbon just slightly cheaper than Barcelona and Madrid (how much?)
\n-Lisbon significantly more expensive than smaller cities in Spain
\n-Porto is comparable to mid size cities in Spain
\n-Rental yields are about 4-6%
\n-Cheaper in the countryside, Spain has more interesting options on the coast.<\/p>\n
04:42 Visa and Residence Permits<\/p>\n
-Portugal has a significant advantage
\n-Retirees can move to both countries, Spain requirements are more strict (funds)
\n-Good option for freelancers and remote works (non lucrative visa in Spain)
\n-If you find a job in Portugal you can easily update your status, in Spain more complicated<\/p>\n
06:05 Taxes<\/p>\n
-Both countries are comparable, personal progressive tax rates
\n-Corporate taxes are also quite similar
\n-High as in most Western European countries
\n-Portugal has the Non Habitual Resident program, which can be a great option to pay less taxes, but the advantages are decreasing over the years and not all types of income are exempt from taxes.<\/p>\n
06:33 Weather and Climate<\/p>\n
Just mainland considered in this comparison.
\nSpain has a varied climate. Oceanic in the North, continental, Arid, Mediterranean
\nPortugal broadly Mediterranean climate
\nDecent hours of sunlight
\nMild winters<\/p>\n
07:33 Infrastructure<\/p>\n
It is difficult to compare these 2 countries in terms of infrastructure, since Spain is several times bigger
\n-both countries high speed trains and direct flights
\n-some regions are under served<\/p>\n
08:19 Entertainment<\/p>\n
-Both countries are a great option in terms of entertainment
\n-Beaches, nightlife and eating out are highlights
\n-Entertainment in Spain is significantly more expensive in Spain, especially dining out<\/p>\n
08:55 Language and final considerations<\/p>\n