Portugal has become the destination where everyone wants to settle. More and more people are choosing this beautiful Iberian country for a variety of reasons.
People wishing to settle in Portugal include retirees, students and working people. For working people, one of the most important factors in their decision to move to Portugal is whether or not they can work there.
In this article, we'll look at salary trends in Portugal, covering a number of points that may help you if you're looking to work in Portugal.
Wages in Portugal are fairly low compared to other European countries. The minimum wage is 600 euros gross per monthThis has increased slightly since January 1, 2019.
Year | Minimum gross salary | Increase in % |
2019 | 600,00€ | 3,4% |
2018 | 580,00€ | 4,1% |
2017 | 557,00€ | 5,1% |
2016 | 530,00€ | 5,0% |
2015 | 505,00€ | 4,1% |
2011 | 485,00€ | 2,1% |
2009 | 450,00€ | 5,6% |
2008 | 426,00€ | 5,7% |
Source : www.economias.pt
Average gross salaries in Portugal in 2017 according to Instituto Nacional Estatistica was €887. Depending on the region, this may vary, with an average gross salary of:
As in other European countries, and particularly in France, other elements are added to the salary, such as meal packages or bonuses. We have listed the most common salary benefits below.
It's important to note that while wages in Portugal are still relatively low compared to our European neighbors, the cost of living is actually lower in Portugal.
Lisbon and Porto, however, remain two cities where the cost of living has risen sharply in recent years, particularly in the following areas real estate. Note also that energy and telecommunications can be more expensive in Portugal than in France. So it's important to find out the cost of living in the city where you want to work, and compare it with the salary you'll be offered.
Find out how the Portuguese tax system affects companies, with details on taxation,... Read more
The United Kingdom has long been recognized for its economic dynamism, political stability and... Read more
If you want to run an e-commerce business in the UK, it's crucial to know how to... Read more
On September 20, 2024, the Portuguese Tax and Customs Authority unveiled its business plan for... Read more
tax issues linked to international double taxation are becoming increasingly important for... Read more
In 2023, António Costa (PS) decided to put an end to the Tax Regime for Residents... Read more
Our site uses cookies.
Read more