Living in Portugal while working in the US
Can I live in Portugal and work remotely for a company in the US?
Yes, it is possible, however we usually recommend double-checking the following points:
- Are you allowed to work remotely for that company?
- Are you allowed to work in Portugal?
- Are you allowed to work in Portugal without being a citizen?
- Is the company you are working for a US company?
- Are you allowed to work for a US company in Portugal?
How to find remote work in the US while living in Portugal?
Usually, it is feasible to get remote jobs in the US even though you are located in Portugal. For that we need to have a clear understanding of what is remote work, and what is not. In this post, we will look at the remote work definition and how to get remote work in the US while living in Portugal.
What is remote work?
Remote work is defined as a job that is performed from a different location from where the employee resides. It is usually done through the use of technology, and it can be done from anywhere in the world.
Remote work is not always the same as working from home. A remote work can be done from a different location, but the employee must be physically present in the location. For example, you can be working from home, but the office you are working from is in a different country.
Remote work can also be done by an employee who is not in the US. For example, you can be working from the US, but your job is being done in another country.
Remote work can also be done by an employee who is not in the US, but his/her job is being done in the US. For example, you can be working from the US, but the company you are working for is located in another country.
How to get paid in Portugal when working remotely for a corporation in the US?
You can get paid in Portugal even if you are working for a company in the US, however , you will need to get your company to transfer your US salary to Portugal.
- Find a company in Portugal that will pay you
In Portugal, you can get paid in Euros, US Dollars, or Portuguese Real.
For example, if you are a US citizen, you can get paid in US Dollars. If you are a Portuguese citizen, you can get paid in Euros. - Find a company in the US that will pay you
In the US, you can get paid in US Dollars. - Transfer your US salary to Portugal
To transfer your US salary to Portugal, you will need to find a company in the US that will pay you in US Dollars and transfer your US salary to Portugal. - Work in Portugal
Once you have your US salary transferred to Portugal, you can work in Portugal for as long as you like. - Get paid in Portugal
Once you are working in Portugal, you can get paid in Euros, US Dollars, or Portuguese Real.
You can get paid in Euros in Portugal.
You can get paid in US Dollars in Portugal.
You can get paid in Portuguese Real in Portugal.
How do taxes work in Portugal if I’m working remotely for a company Portugal?
When working remotely in Portugal for a firm based in the US, taxes might be tricky, therefore it’s important to understand the tax system in Portugal.
Portugal is a small country with a population of just 10 million people. The economy is dominated by the services sector, with tourism and agriculture also important.
The country is part of the European Union and the Eurozone, and is a member of the Schengen Area.
The Portuguese tax system is complex, and it’s important to understand the different types of taxes that are charged.
There are many types of taxes in Portugal, and they are levied at different rates.
For example, there is a Value Added Tax (VAT) of 21% on most goods and services.
However, the rate is reduced to 12% for food and drink, and to zero for accommodation.
There is also a standard rate of income tax, which is charged at a rate of 21%.
However, the rate is reduced to 15% for individuals earning up to €13,000 per year, and to 10% for those earning more than €13,000.
There are also special taxes on income from self-employment, which is charged at a rate of 26%.
If you are self-employed, you can claim back your expenses from the taxman.
There is also a tax on dividends, which is charged at a rate of 10%.
There is also a tax on capital gains, which is charged at a rate of 10%.
