quonn

26 ms·

331.
by quonn 3y ago
But the change happened over a few generations. Hardly a farmer became unemployed, but their kids might have taken up something different. But this change may happen comparatively fast - perhaps over 10-30 years. So it might affect people i
332.
by quonn 3y ago
That was always the idea. There was a cheaper golden visa just for repairing ruins …
333.
by quonn 3y ago
I heard some people are just starting to consider Croatia, EU integration is still happening, the Euro just arrived. Give it 10 years …
334.
by quonn 3y ago
It is not sustainable to have declining population numbers for many reasons (for example the social security system needs a large working population) so Portugal is working to have immigration, especially from Brasil, Angola and also from E
335.
by quonn 3y ago
Do you have a Portuguese employer? If so this is not surprising at all. > Furthermore, that social security contribution buys into one of best defined benefit pension schemes still available anywhere. Ridiculous. It‘s not even close to b
336.
by quonn 3y ago
Absolutely that is how it works in Portugal. You have a deductible that get‘s bigger but the tax is applied in full: https://taxsummaries.pwc.com/portugal/individual/taxes-on-pe... More importantly the social secu
337.
by quonn 3y ago
I think I have explained the typical situation a few times in this thread but I will try again. 1. Nomads are not employed by Portuguese companies. 2. They could give up their home health insurance, but then they cannot remain residents of
338.
by quonn 3y ago
I am European, self-employed. But the health insurance is not free there either. For example in Germany it is around 700 per month privately. Some pay 900. It is independent of the salary if private and dependent on it if public. And you ha
339.
by quonn 3y ago
It‘s interesting how polarizing this thread is. The fact is that the portuguese state does not have the resources to create enough housing in Lisbon without foreign investment. The Portuguese will realize this when they have removed all mea
340.
by quonn 3y ago
Also Airbnb is already banned in Lisbon, there are no new AL licenses given as far as I know. Or at least there was a plan for that.
341.
by quonn 3y ago
It‘s not necessarily legal and the EU has already indicated for Spain that discriminatory taxes for non residents would not be permissible.
342.
by quonn 3y ago
In Portugal far more people own houses than in other countries and these people have no interest in voting for such a policy.
343.
by quonn 3y ago
The salaries are extremely low and construction in Lisbon or around is not cheap. The prices would simply be too high for new constructions, average Portuguese cannot afford them.
344.
by quonn 3y ago
Sure. I live there and talked to plenty of local accountants.
345.
by quonn 3y ago
Right. But as a nomad you cannot just give up your own health insurance and you cannot just stop paying into a foreign retirement fund yourself. Portugal won‘t allow you to deduce that, of course, and it‘s another 1500-2000 per month to sub
346.
by quonn 3y ago
@lastdong Of course. By a portuguese company, you say it yourself. The company pays half of the social security. And 42% only sounds low because that‘s that final tax rate in this example after all deductions. Like in most countries that is
347.
by quonn 3y ago
@cactusplant: Correct. With a double taxation agreement you always pay the higher tax of both countries. Usually you pay the lower one to one country and the remaining part to the other one. But it depends on the countries and details. So y
348.
by quonn 3y ago
Because the calculator does not really take into account the 35% social security if the money is paid by a foreign entity to the foreigner directly. @binarycrusader: I can‘t reply below. It‘s not 35% but 34,75%. It‘s easy to find that onlin
349.
by quonn 3y ago
It‘s not misleading. You take home 9600 in my opinion. What you call the marginal rate is applied to the full salary as far as I know. And the social security is also applied to the full amount unless the person is employed by a Portuguese
350.
by quonn 3y ago
This has very little to do with nomads and everything with tourism. 15 years ago Lisbon was in terrible shape, mostly collapsing due to rent controls. And this is still the case to a degree. You have an enormous number of houses where the (
351.
by quonn 3y ago
My back of the envelope estimate is that the nomads make up around 1-4% of the Lisbon population. That‘s certainly not insignificant. On the other hand, the young Portuguese have been leaving the country since 2009. Millions of them earn sa
352.
by quonn 3y ago
As I wrote elsewhere, paying into the social security in Portugal with a salary of 80.000 Euros means paying 88% in taxes and social security. Do you think that is reasonable? Additionally everyone I know has their own insurance and pays fo
353.
by quonn 3y ago
Yes. It has ended the Golden Visa and also the NHR tax exemption scheme. It may take some time to become law, but some time next year everything will be gone.
354.
by quonn 3y ago
But this inequality exists everywhere, it‘s just not a year of salary but only half a year.
355.
by quonn 3y ago
> 3. Restrict foreign ownership of huge swathes of the country. This could be as simple as "new construction only". This will make the problem worse as the Portuguese will complain that the foreigners own the beautiful modern b
356.
by quonn 3y ago
Certainly. However the rest of the post is about right. Salaries in Portugal are exceptionally low and taxes are high and both make the country not competitive - were it not for the sunshine and beaches.
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by quonn 3y ago
I there evidence that Chrome currently sends anything beyond any other browser where I‘m logged into Google Mail? In any case I have switched to Safari and it feels far less sluggish.
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by quonn 3y ago
If you refer to bitcoin, that‘s not new, you could with withdraw and store cash before. Or even gold. Or other small assets, such as art. Bam, no banks. And all of those options are as good or better than crypto. At least as long as you can
359.
by quonn 3y ago
But?
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by quonn 3y ago
You cannot make observations without an observer. Furthermore any imagined world without an observer is necessarily largely shaped by that very observer who imagines it.

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