Ahm? Maybe I'm doing this totally wrong, but I moved from Netherlands to Portugal as a freelancer under the NHR (with "high value added activity"). All my clients are still Dutch.
And essentially my main "state expenses" are now:
10% social security + 15% income tax (20% tax over 75% of revenue) over my revenue. I pay no VAT on business︀ expenses. I also pay 0 EUR in public health insurance which works in all of︁ the EU countries + CH + NO for emergencies.
So essentially I pay 25% to︂ the Portuguese state over my revenue with 0 health insurance expenses.
This is WAY better︃ than where I come from: Netherlands. With my income there I would pay 40 to︄ 50% in income taxes, excluding social security, excluding 1500 EUR yearly in health insurance costs︅ (and if I need healthcare you can easily add another 1500 EUR to that). Not︆ to mention everything is way cheaper in Portugal. The kicker: my administrative burden has probably︇ been reduced by like 99% compared to the Dutch situation (incredibly time consuming subsidies and︈ company/tax administration for tech freelancers there).
Am I doing something wrong? Is there a better︉ deal to be had somewhere? I'm not really bound to any country personally, no family,︊ easy to move in a heartbeat.
And essentially my main "state expenses" are now:
10% social security + 15% income tax (20% tax over 75% of revenue) over my revenue. I pay no VAT on business︀ expenses. I also pay 0 EUR in public health insurance which works in all of︁ the EU countries + CH + NO for emergencies.
So essentially I pay 25% to︂ the Portuguese state over my revenue with 0 health insurance expenses.
This is WAY better︃ than where I come from: Netherlands. With my income there I would pay 40 to︄ 50% in income taxes, excluding social security, excluding 1500 EUR yearly in health insurance costs︅ (and if I need healthcare you can easily add another 1500 EUR to that). Not︆ to mention everything is way cheaper in Portugal. The kicker: my administrative burden has probably︇ been reduced by like 99% compared to the Dutch situation (incredibly time consuming subsidies and︈ company/tax administration for tech freelancers there).
Am I doing something wrong? Is there a better︉ deal to be had somewhere? I'm not really bound to any country personally, no family,︊ easy to move in a heartbeat.