Are you considering a big move? If so, you might want to consider relocating to Portugal. This beautiful country offers a wealth of benefits that make it an attractive destination for expats from around the world. In this article, we’ll explore 10 compelling reasons why you should consider making Portugal your new home.
Reason 1: Affordable cost of living
One of the most compelling reasons to move to Portugal is its affordable cost of living. Compared to many other Western European countries, Portugal offers a high quality of life at a fraction of the cost. Whether you’re looking to rent an apartment in Lisbon or buy a house in the countryside, you’ll find that your money goes further in Portugal.
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Housing costs
When it comes to housing, Portugal offers a range of options to suit different budgets. In Lisbon, you can rent a one-bedroom apartment in the city center for around €800-1,200 per month, while in more rural areas, you might find a similar apartment for as little as €400-600. Buying property is also more affordable, with the average price per square meter in Lisbon around €3,500, compared to €9,000 in Paris.
Everyday expenses
Beyond housing, everyday expenses in Portugal are also reasonable. A meal at an inexpensive restaurant will set you back around €8-10, while a monthly public transportation pass in Lisbon costs about €40. Groceries are also affordable, with a liter of milk costing around €0.70 and a kilogram of apples around €1.50.
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Reason 2: Favorable tax regime
Portugal has a favorable tax regime that makes it an attractive destination for expats, particularly those looking to retire or start a business. The country offers several tax incentives, including the Non-Habitual Resident (NHR) regime, which can significantly reduce your tax burden for up to 10 years.
Non-Habitual Resident regime
The NHR regime is designed to attract foreign talent and investment to Portugal. If you qualify as an NHR, you’ll be eligible for a flat 20% tax rate on Portuguese-sourced income and a 10% tax rate on certain types of foreign income, such as pensions and dividends. This can result in significant tax savings, especially for those moving from high-tax countries.
Golden Visa program
Portugal’s Golden Visa program is another attractive option for investors. By making a qualifying investment, such as buying a property worth at least €500,000, you can obtain residency in Portugal and eventually apply for citizenship. The program also offers visa-free travel within the Schengen Area and a path to permanent residency.
Reason 3: Stunning natural beauty
Portugal is renowned for its stunning natural beauty, from the rugged cliffs of the Algarve to the lush vineyards of the Douro Valley. Whether you’re an avid hiker, a beach lover, or simply someone who appreciates breathtaking landscapes, Portugal has something to offer.
Coastal wonders
The Portuguese coastline is a treasure trove of natural wonders. The Algarve, in the south, is famous for its stunning beaches, dramatic cliffs, and hidden coves. In the west, the Costa Vicentina offers miles of unspoiled coastline, perfect for surfing, hiking, and exploring. And don’t forget the Azores and Madeira, two archipelagos with their own unique natural beauty.
Inland gems
Portugal’s inland regions are just as captivating as its coast. The Douro Valley, a UNESCO World Heritage site, is renowned for its terraced vineyards and scenic river views. The Serra da Estrela, Portugal’s highest mountain range, offers hiking, skiing, and stunning vistas. And the Peneda-Gerês National Park, the country’s only national park, is home to diverse flora and fauna, as well as picturesque villages.
Reason 4: Rich cultural heritage
Portugal has a rich cultural heritage that spans centuries. From its historic cities to its traditional festivals, the country offers a wealth of cultural experiences for expats to explore and enjoy.
Historic cities
Portugal is home to several historic cities that are a must-visit for any culture enthusiast. Lisbon, the capital, is a vibrant city with a rich history dating back to the 12th century. Porto, in the north, is famous for its historic center, a UNESCO World Heritage site, and its port wine cellars. And don’t forget Évora, a well-preserved medieval town with Roman ruins and a stunning cathedral.
Traditional festivals
Portugal’s traditional festivals are a highlight of its cultural calendar. The Festa de São João in Porto, held in June, is a lively celebration with street parties, fireworks, and the famous “battering of the heads” with plastic hammers. The Festa dos Tabuleiros in Tomar, held every four years, features a colorful procession of women carrying elaborate trays of bread and flowers. And the Festas de Lisboa, held throughout June, offer a month-long celebration of the city’s patron saint, Santo António.
Reason 5: Welcoming expat community
Portugal has a welcoming expat community that makes it easy for newcomers to settle in and feel at home. With expats from all over the world, you’ll find plenty of opportunities to connect with like-minded individuals and build a support network.
Expat organizations
There are numerous expat organizations in Portugal that can help you navigate the transition to your new home. The International Club of Portugal, based in Lisbon, organizes social events, cultural outings, and support groups for expats. The American Club of Lisbon offers similar services, with a focus on Americans living in Portugal. And the British Historical Society of Portugal provides a community for British expats interested in history and culture.
Online communities
In addition to in-person organizations, there are also several online communities for expats in Portugal. The Portugal Expat Forum is a popular platform for discussing everything from visas and residency to healthcare and education. The Expats in Portugal group on Facebook has over 20,000 members and is a great place to ask questions, share experiences, and connect with other expats.
Reason 6: Excellent healthcare system
Portugal has an excellent healthcare system that is both accessible and affordable. The country ranks highly in terms of healthcare quality and life expectancy, making it an attractive destination for expats concerned about their health and well-being.
Public healthcare
Portugal’s public healthcare system, known as the Serviço Nacional de Saúde (SNS), provides comprehensive coverage to all residents, including expats. The system is funded through taxes and social security contributions, and most services are free or low-cost at the point of use. To access public healthcare, you’ll need to register with the SNS and obtain a user number.
Private healthcare
In addition to the public system, Portugal also has a robust private healthcare sector. Many expats choose to take out private health insurance to access a wider range of services and shorter waiting times. Private hospitals and clinics in Portugal are known for their high standards of care and modern facilities. Some popular private healthcare providers include CUF, Luz Saúde, and Hospital da Luz.
Reason 7: Delicious cuisine
Portugal is renowned for its delicious cuisine, which combines fresh seafood, hearty meat dishes, and an array of flavorful sauces and spices. From the famous caldo verde soup to the mouthwatering pastéis de nata custard tarts, there’s no shortage of culinary delights to explore.
Seafood specialties
Given its extensive coastline, it’s no surprise that seafood is a staple of Portuguese cuisine. Some must-try dishes include bacalhau (salted cod), which is prepared in countless ways, from bacalhau à Brás (cod with potatoes and eggs) to bacalhau com natas (cod with cream). Other seafood specialties include arroz de marisco (seafood rice), sardinha assada (grilled sardines), and caldeirada de peixe (fish stew).
Meat and vegetarian options
Meat lovers will also find plenty to enjoy in Portugal. Some popular meat dishes include cozido à portuguesa (a hearty stew with various meats and vegetables), frango assado (roast chicken), and alheira (a sausage made with bread and various meats). Vegetarians and vegans will also find plenty of options, from queijo fresco (fresh cheese) to feijoada de legumes (vegetarian bean stew).
Reason 8: Easy access to other European destinations
Portugal’s location on the western edge of Europe makes it an ideal base for exploring the continent. With easy access to other European destinations, you can hop on a short flight or train ride to visit neighboring countries and experience their unique cultures and attractions.
Short flights
Portugal’s main airports, including Lisbon, Porto, and Faro, offer direct flights to many European cities. You can reach Madrid in just over an hour, Paris in two hours, and London in two and a half hours. This makes it easy to plan weekend getaways or longer trips to explore the best of Europe.
Train travel
If you prefer to travel by train, Portugal is well-connected to Spain and the rest of Europe. The high-speed Alfa Pendular train connects Lisbon and Porto to Madrid, while the Sud Express offers an overnight journey from Lisbon to Hendaye, on the French border. From there, you can connect to trains heading to Paris, Amsterdam, and beyond.
Reason 9: Growing economy and job opportunities
Portugal has a growing economy that offers a range of job opportunities for expats. The country has been attracting increasing amounts of foreign investment in recent years, particularly in sectors such as technology, tourism, and renewable energy.
Tech industry
Portugal’s tech industry has been growing rapidly in recent years, with Lisbon emerging as a hub for startups and innovation. Companies like Farfetch, Unbabel, and Talkdesk have put Portugal on the map as a destination for tech talent. The country also offers attractive incentives for tech companies, such as the Startup Visa program, which provides residency to entrepreneurs looking to start a business in Portugal.
Tourism and hospitality
Tourism is another key sector of Portugal’s economy, with millions of visitors flocking to the country each year. This has created a high demand for skilled workers in the hospitality industry, from hotel managers and chefs to tour guides and event planners. If you have experience in this field, you may find plenty of job opportunities in Portugal’s thriving tourism sector.
Reason 10: High quality of life
Last but not least, Portugal offers a high quality of life that makes it an attractive destination for expats. The country consistently ranks highly in global quality of life indices, thanks to its safe and welcoming communities, excellent healthcare and education systems, and abundance of leisure activities and cultural attractions.
Safety and security
Portugal is known for its low crime rates and safe communities. The Global Peace Index consistently ranks Portugal as one of the safest countries in the world. This sense of safety and security contributes to a high quality of life for residents, allowing them to enjoy their daily lives without worry.
Leisure and recreation
Portugal offers a wealth of leisure and recreation options for expats. From surfing and hiking to wine tasting and golfing, there’s no shortage of activities to enjoy. The country also has a vibrant arts and culture scene, with numerous museums, galleries, and theaters to explore. And with its mild climate and beautiful landscapes, Portugal is the perfect place to enjoy outdoor living year-round.
List of practical tips for relocating to Portugal
- Research visa requirements: Depending on your nationality and the purpose of your stay, you may need to apply for a specific type of visa. The most common options for expats are the D7 visa for retirees, the D2 visa for entrepreneurs, and the Golden Visa for investors.
- Learn some basic Portuguese: While many Portuguese people speak English, especially in tourist areas, learning some basic Portuguese will help you navigate daily life and integrate into the local community.
- Find a reliable real estate agent: Whether you’re looking to rent or buy, a good real estate agent can help you navigate the Portuguese property market and find the right home for your needs and budget.
- Set up a bank account: Opening a local bank account will make it easier to manage your finances in Portugal. Most banks offer accounts specifically designed for expats, with English-speaking staff and online banking options.
- Connect with the expat community: Joining expat organizations and online communities can help you make friends, find support, and learn more about life in Portugal from those who have already made the move.
Comparison of living costs in Portugal, Spain, and France
| Expense | Portugal | Spain | France |
|---|---|---|---|
| Rent (1-bedroom apartment in city center) | €800-1,200 | €700-1,000 | €800-1,500 |
| Meal at an inexpensive restaurant | €8-10 | €10-12 | €12-15 |
| Monthly public transportation pass | €40 | €40-50 | €70-80 |
| 1 liter of milk | €0.70 | €0.80 | €1.00 |
| 1 kg of apples | €1.50 | €1.80 | €2.50 |
Insights from expats living in Portugal
“Portugal has exceeded all my expectations. The people are friendly, the food is delicious, and the cost of living is so much more affordable than back home in the US. I feel like I’ve found my forever home here.” – Sarah, American expat in Lisbon
“As a retiree, the Non-Habitual Resident regime has been a game-changer for me. I’m able to enjoy a comfortable lifestyle in Portugal without the high taxes I was paying in the UK.” – John, British expat in the Algarve
“Moving to Portugal was the best decision I ever made for my family. The schools are excellent, the healthcare is top-notch, and there’s so much for us to explore and enjoy together.” – Maria, Brazilian expat in Porto
So, are you ready to take the leap and relocate to Portugal? With its affordable cost of living, favorable tax regime, stunning natural beauty, and welcoming expat community, it’s no wonder that more and more people are choosing to call Portugal home. Whether you’re looking to retire, start a business, or simply enjoy a higher quality of life, Portugal has something to offer everyone.
