Relocating to another country is a significant decision, often driven by the desire for better opportunities, a better quality of life, or simply a change of scenery. As people explore new horizons and seek out countries that offer safety, cultural richness, and a welcoming environment, Portugal stands out as a particularly appealing destination to Americans and the rest of the world.
We have researched various online forums and surveys to create a list of 12 reasons people are moving to Portugal.
Affordable Cost of Living
Known for its rich history and vibrant culture, Portugal stands out as an attractive destination. A key factor drawing people in is its affordable cost of living. It promises a comfortable lifestyle at a lower expense than most major American cities, with rent, groceries, and healthcare extremely affordable for people who move there. The cost of living in Lisbon is 57% cheaper than in New York City.
Warm Climate
Portugal’s year-round sunshine makes it an ideal place for relocation. With more than 300 days of sunshine yearly, it is a cozy and welcome change for people worldwide. Winters are very mild, especially in the south, where temperatures rarely go below 50° F. The consistently warm weather throughout the year makes it possible to enjoy outdoor activities at any time of the year.
Tax Incentives
Portugal is a more affordable country, and its tax policies are favorable enough for foreign residents to consider settling there. The Non-Habitual Resident (NHR) tax status in Portugal levies a flat 20% income tax for ten consecutive years, excluding dividends and pensions. Interestingly, over 74,000 people benefited from the scheme in 2022, highlighting Portugal’s ability to house foreigners.
Quality in Healthcare
Portugal has an impressive healthcare system, which ranks 9th in the world. It offers public and private care at a more affordable rate compared to various other countries. Emergency rooms at private hospitals in Portugal cost around $447 compared to at least $1,200 in America. Hospital stays in Portugal are much cheaper as well, costing only about $224 per day.
Ease of Travel
Portugal’s location and affordability in Europe make it an accessible destination for travelers in America and elsewhere. Round flights from Lisbon to other countries cost around $335, which is significantly less than domestic airfare in America, which can reach up to $466. The ease of travel in and around Portugal is also marked by the Humberto Delgado Airport, which received nearly 34 million travelers in 2023.
Varied Culture
Portugal is often known for embracing the culture and taste of various people, with influences from Europe, Africa, and the Americas. The country’s rich history was the primary attraction for the 30 million tourists who visited it in 2023. Portugal was also the fourth most searched destination on Google. It is an ideal place to live for people of all ages, offering vibrant cities like Lisbon and Porto, complete with modern amenities and a thriving art scene.
Safe and Peaceful Environment
Safety is a significant concern for most people moving abroad, and Portugal is one of the safest countries in the world. The 2024 Global Peace Index ranked Portugal as the 7th safest country. Its peacefulness is further amplified by a low Crime Index score of 31.5 and a Safety Index of 68.5. The laid-back feel and low occurrence of crime in the country assure people worldwide that they should relocate to Portugal.
Expat Community
Portugal also has an established expatriate community, making Americans feel at home in a faraway country, primarily speaking European languages. In 2022, nearly 10,000 US nationals resided in various parts of Portugal. Many cities, mainly Lisbon and the Algarve region, host large populations of English-speaking expats. It has, therefore, allowed for a cross-country assimilation process. More often than not, these groups help new members with resources and experience to settle down in Portugal relatively quickly.
Work and Remote Opportunities
The increasing normalization of a remote work culture, as well as the favorable climate and cost of living, draw people to Portugal. In 2022, the Portuguese government introduced a new digital nomad visa that can accommodate and smoothen the stay of remote workers. Portugal’s very high internet speeds, reaching 100 to 500 Mbps in cities, are another reason it attracts remote workers.
Educational Opportunities
Portugal supports good education, with 54 international schools in major cities like Lisbon and Porto following the American or British curriculum. The number of schools is aptly complemented by good quality of education and high prices, which attract students from all over the world to enroll in Portuguese universities and settle there.
Strong Public Infrastructure
The Portuguese government has invested heavily in public infrastructure to improve the country’s quality of life and enhance visitors’ experience. Public transportation is convenient, with a monthly pass in Lisbon costing as little as $45. The Portuguese transportation system is considered one of the best infrastructure, with high-speed trains linking major cities. Lisbon has one of the most contemporary metro systems in Europe.
European Residency Pathway
For those looking to extend their global mobility, Portugal offers one of the most straightforward routes to European residency. To gain residence under the Portuguese Golden Visa program, one has to invest a minimum of $279,825 in property or any other form of job creation in the country. The Golden Visa holder can then apply for Portuguese citizenship, which opens the pathway to the entire European Union.
