&NewLine;<p>Since January 1, Italy has been trying to attract European retirees with its lower tax rates. For those moving to the Peninsula, we thought it would be a good idea to compare Portugal and Italy; </p>&NewLine;&NewLine;&NewLine;&NewLine;<h2 class="wp-block-heading" id="pourquoi-choisir-le-portugal-plutot-que-l-italie">Why choose Portugal over Italy?</h2>&NewLine;&NewLine;&NewLine;&NewLine;<h3 class="wp-block-heading" id="benefice-fiscal-en-italie">Tax profit in Italy </h3>&NewLine;&NewLine;&NewLine;&NewLine;<p>January 1, 2019 one&nbsp&semi;<em><strong>flat tax</strong></em>&nbsp&semi;introduced in the 2019 Italian Finance Act&comma; for pensioners&period; The measure allows pensioners to benefit from a&nbsp&semi;<strong>taxation limited to 7 per cent on retirement pensions</strong>This taxation is only valid for 5 years&period; </p>&NewLine;&NewLine;&NewLine;&NewLine;<p><strong>Conditions&colon;</strong> settle in one of the eight regions of southern Italy&period; your choice&comma; a village with fewer than 20&period;000 inhabitants&comma; located in Sicily&comma; Calabria&comma; Campania&comma; Puglia&comma; Sardinia&comma; Molise&comma; Basilicata or Abruzzo&period;</p>&NewLine;&NewLine;&NewLine;&NewLine;<h3 class="wp-block-heading" id="le-cout-de-la-vie-en-italie">Cost of living in Italy</h3>&NewLine;&NewLine;&NewLine;&NewLine;<p>The cost of living in Italy is more or less the same as in France&period; Expect higher prices in the big cities&period; Note that electricity&comma; gas and telephone rates are higher than in France&period;</p>&NewLine;&NewLine;&NewLine;&NewLine;<div class="wp-block-image"><figure class="aligncenter size-large is-resized"><a href="https://vivreauportugalconsulting.com/demande-de-rnh/"><img src="https://vivreauportugalconsulting.com/wp-content/uploads/2022/02/vivre-au-portugal-1024x576.png" alt="choisir, portugal, italie" class="wp-image-8647" width="768" height="432"/></a></figure></div>&NewLine;&NewLine;&NewLine;&NewLine;<h3 class="wp-block-heading" id="benefice-fiscal-portugais">Portuguese tax profit </h3>&NewLine;&NewLine;&NewLine;&NewLine;<p>Non-usual resident status &lpar;<a href="https://vivreauportugalconsulting.com/">RNH&rpar;</a> allows <strong>10&percnt tax on your retirement pensions;</strong> for a period of 10 years&period; The <a href="https://vivreauportugalconsulting.com/faq-statut-de-rnh-portgual/faq-sur-le-statut-de-resident-non-habituel-suite/">RNH</a> also enables working people to benefit from a lower tax rate.<strong> limited to 20 &percnt;</strong> for 10 years&period; </p>&NewLine;&NewLine;&NewLine;&NewLine;<p><strong>Conditions&colon;</strong> You must never have been resident in Portugal for tax purposes in the 5 years preceding your move to Portugal&period;&nbsp&semi; For employees&comma; carrying on a business with high added value&period;&nbsp&semi;</p>&NewLine;&NewLine;&NewLine;&NewLine;<h3 class="wp-block-heading" id="le-cout-de-la-vie-au-portugal">Cost of living in Portugal</h3>&NewLine;&NewLine;&NewLine;&NewLine;<p>The cost of living in Portugal is around 20 to 25 times less expensive than in France&comma; in the center and south of the country. <a href="https://portobeautiful.com" target="_blank" rel="noreferrer noopener">north</a> In the south, prices are more or less equivalent to those in France&period; It should be noted that electricity, gas and telephone rates are close to those in France&period;</p>&NewLine;&NewLine;&NewLine;&NewLine;<hr class="wp-block-separator"/>&NewLine;&NewLine;&NewLine;&NewLine;<p>Europe is already familiar with tax competition between its member states for multinational headquarters&period; but the Italian and Portuguese examples show that the higher purchasing power of pensioners in northern European countries&comma; compared with their southern neighbors&comma; could become a new issue in intra-European competition&period; &nbsp&semi;</p>&NewLine;
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