🇮🇪 Ireland vs 🇵🇹 Portugal
Side-by-side early retirement comparison — taxes, cost of living, healthcare, and FIRE number.
Key Takeaway
Portugal is significantly cheaper than Ireland for retirees. With a cost of living index of 65 vs 95, your money goes 32% further in Portugal. Capital gains tax is 28% in Portugal vs 33% in Ireland. Use the calculator to see your personalized FIRE number for both countries.
Side-by-Side Comparison
Tax Comparison for Retirees
🇮🇪 Ireland Taxes
🇵🇹 Portugal Taxes
Special Tax Regimes for Expats
NHR 2.0
20% flat tax on eligible employment income. Foreign pensions may be taxed at source country rates.
Calculate Your Exact FIRE Number
Enter your portfolio, spending, and retirement age to see a personalized comparison between Ireland and Portugal — with Monte Carlo simulations and tax modeling.
🔥 Open Calculator — Ireland vs PortugalFAQ: Ireland vs Portugal for Retirement
Is it cheaper to retire in Portugal or Ireland?
Portugal has a cost of living index of 65 compared to Ireland's 95(where US = 100). Portugal is significantly cheaper than Ireland for retirees. Your money goes approximately 32% further in Portugal.
How do taxes compare between Ireland and Portugal?
Capital gains tax is 28% in Portugal vs 33% in Ireland. The top income tax rate is 48% in Portugal vs 40% in Ireland. For FIRE retirees, the effective tax rate depends on your withdrawal strategy — use our calculator for a personalized estimate.
What about healthcare in Portugal vs Ireland?
Estimated annual healthcare costs are $500 in Portugalvs $1,500 in Ireland. Portugal offers public healthcare access for residents. Ireland offers public healthcare access for residents.