Freedom Score

Portugal to Iceland: tax & freedom compared

How does Iceland score against Portugal? The Freedom Score weighs six dimensions, built on primary government sources.

Net per month€1,692
Per year vs. Portugal+€3,613

Safe Nordic country · EEA access · No wealth tax

Tax

91/100

Residency

99/100

Cost of living

0/100

Living environment

88/100

Mobility

96/100

Ownership

7/100

Compared by dimension

On an average Portugal income of €21,600 gross per year, you keep €20,307 net in Iceland: a difference of €3,613 per year compared with Portugal.

  • Tax: on this income Iceland lands at an effective rate of about 6%, against 23% in Portugal.
  • Passport and mobility: from Iceland you travel visa-free to 181 countries.
  • Residency: on our accessibility scale Iceland scores 99 out of 100 for obtaining residency.
  • Living environment: banking, internet, safety and healthcare together give Iceland a living-environment score of 88 out of 100.

Frequently asked questions

What is the financial difference between Portugal and Iceland?
On an average Portugal income it differs by roughly €3,613 net per year. Your own figure depends on your income and situation; calculate it with the free freedom check.
Is this tax advice?
No. Libaros compares on the basis of primary government sources and provides information. For personal decisions, consult a qualified adviser.
What sources is this based on?
The Freedom Score uses the OECD Tax Database, IATA Timatic, the Henley Visa Index and Eurostat, with direct links to primary government sources.
Order report · €29

Figures from primary government sources. Information, not advice.

Sources

OECD Tax Database · IATA Timatic · Henley Visa Index · Eurostat