Compare taxes and see how much you save moving from Spain to Portugal
Both countries have special expat regimes that slash taxes—but they work differently. Spain's Beckham Law offers 24% flat tax on Spanish-source income up to €600,000 for 6 years. Portugal's NHR 2.0 (from 2024) gives 20% flat tax on Portuguese-source income for 10 years, but foreign pension income is now taxed at 10% (was 0% under old NHR). At €100,000: standard Spain charges ~€32,000, standard Portugal ~€35,000. But under special regimes: Spain charges €24,000 (Beckham), Portugal €20,000 (NHR). Choose Spain if: you earn employment income in-country. Choose Portugal if: you have foreign-source income or want the longer 10-year regime.
Top Rate
Beckham Law: 24% flat option
Top Rate
NHR 2.0: 20% flat option
At €100,000 income:
That is €333/month back in your pocket!
| Income | ES Tax | PT Tax | Savings | 10-Year |
|---|---|---|---|---|
| €50,000 (standard) | €13,500 | €14,800 | Spain saves €1,300 | €13,000 |
| €75,000 (standard) | €22,500 | €24,000 | Spain saves €1,500 | €15,000 |
| €100,000 (standard) | €32,000 | €35,500 | Spain saves €3,500 | €35,000 |
| €100,000 (Beckham Law) | €24,000 (24% flat) | N/A | Spain Beckham: -€8K vs standard | €80,000 |
| €100,000 (NHR 2.0) | N/A | €20,000 (20% flat) | Portugal NHR: -€15K vs standard | €150,000 |
| €200,000 (standard) | €79,000 | €83,000 | Spain saves €4,000 | €40,000 |
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Hiring Internationally? Deel Handles Compliance →Standard rates: Spain ~€32,000, Portugal ~€35,500. Special regimes change everything: Spain's Beckham Law = €24,000 (24% flat), Portugal's NHR 2.0 = €20,000 (20% flat). If you qualify for either regime, Portugal's NHR saves €4,000/year more than Beckham Law.
Beckham Law (Spain): 24% flat rate for 6 years on income up to €600,000—requires employment by a Spanish company. NHR 2.0 (Portugal): 20% flat rate for 10 years on qualifying income—requires working in a 'high-value-added activity' or for a certified employer. NHR is better if you qualify.
Portugal was famous for 0% tax on foreign pensions under old NHR—that's gone. NHR 2.0 taxes foreign pensions at 10%. Spain taxes foreign pensions at regular rates (up to 47%). Portugal still wins, but the advantage shrank significantly in 2024.
Spain: Yes, 0.2-3.5% on net assets over €700,000 in most regions (Madrid exempts). Portugal: No wealth tax. For someone with €2 million net worth, this could mean €20,000+/year in Spain vs €0 in Portugal—a massive difference for the wealthy.
Portugal wins. NHR 2.0's 20% flat rate applies to professional income for 10 years. Spain's Beckham Law requires a Spanish employer—most remote workers can't qualify. Portugal also has a digital nomad visa (D8) with clear path to NHR. Spain's nomad visa doesn't automatically grant Beckham Law access.