Taxes and wages
geplaatst door Sparky Spark in Azoren forum
Hi;
I just changed my screen name, and I am still the same person.
If I am allowed to make a comment about taxes and wages.
If the Azores have property taxes than it is not free to live there even if I buy a house.
Further more if the wages, that can be earned there, do not cover the taxes I have to pay to live
there, than it is not a self-sustained living. This seems like a growing trend. GenerationX followed by
generationJobless followed by generationHomeless.
I think, off the grid/self-sustained living is possible nowadays.
A person from East-Europe would go to live to the Azores, not for finding himself/herself/themself in the
same situation of what they left. The little material possession, what they have, would not be up for risk.
The Azores would be a new place, isolated place. Foe an East-European it seems there is no return
from there, specially if all the money was spent on taxes. The rest of the money would be tied up in
real-estate. No jobs to earn money to pay the taxes. Real-estate property taxes would be compounding
and taking away the equity.
So right now, with these conditions the Azores for those people seems like a trap. That might be the
intention of governments.
To bring economic boom, the government would have to take initiative, or the population as a grassroot
movement would have to take an initiative. That could be no property taxes, or no property taxes for a long
period of time after purchase. As an autonomous region of Portugal, this region could do that.
I do not expect miracles. I do not expect this change. I look for possibilities on international waters.
Sincerely.
Andere antwoorden
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