I should look more into cost of living in Portugal, maybe, but one of the other ... | Hacker News

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		laweijfmvo on Oct 10, 2024 \| parent \| context \| favorite \| on: Portugal seeks to become low-tax haven for young p... I should look more into cost of living in Portugal, maybe, but one of the other commenters mentioned housing prices being… high. In US, making ~$20,000 you’d be considered poor (maybe not “officially”) and probably pay zero federal tax and receive quite a bit of assistance.

gnwn2 on Oct 11, 2024 | [–]

Well, houses where I live, not Porto or Lisbon, are at 400k now. It is not cheap, getting worst every year

titanomachy on Oct 10, 2024 | [–]

$20k is technically above the US federal poverty line for a single person. I live in a state where anyone under $30k is considered low-income and qualifies for full benefits.

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