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Furthermore, Portugal's vigorous community ties fosters warm and welcoming interactions, making it easy for expats to integrate and forge meaningful associations with locals. Cascais is considered a coastal resort area in Portugal, located just west of Lisbon. A traditional fishing town that has grown in popularity among tourists and is widely known for its sandy beaches, busy marina, abundant seafood restaurants, and relaxing atmosphere.
Job market overview
Portugal is part of the European Union (EU), so EU citizens are free to relocate there. British citizens can still move to Portugal, however they will need to go through the same process as all other non-EU citizens, unless they were already living in Portugal before 1st January 2021. If you’re a British citizen, you may want to start by checking out our ultimate guide to moving abroad after Brexit. Working with real estate agencies is often a better option for a company moving employees to Portugal.
Greater Lisbon
Yes, Lisbon is a great location to live a great expat life in a vibrant, international city with a historic core. As a European city, Lisbon offers a rich history, buzzing city life, and a myriad of stunning landscapes. If you are moving to Lisbon from the US, you’ll find that the cost of living, from daily essentials and transportation to healthcare and eating out in restaurants, is much more affordable than in the USA. You will likely be pleasantly surprised when comparing Lisbon to your own city or town in the US.
There are different acceptable investment options, such as investment funds or property acquisition. The required property value starts at €280,000 and goes up to €500,000. The D7 Visa is also known as the Passive Income Visa, since it requires holders to be able to support themselves during their stay. The necessary stable income can come from real estate, pensions, financial investments etc. You can sign up for state healthcare through registering with the Portuguese National Health Service (SNS).
The cost of moving an average family home’s worth of furniture to Portugal from the UK can be anywhere between €1,400/£1,200 and €4,676/£4,000 according to reloadvisor. Numbeo reports that the cost of living in Portugal is around 29% cheaper than in the United Kingdom, with rent around 32% lower on average. The Portuguese economy is nowhere near as strong as many other industrialised countries in Europe, and is still reeling from the effects of the 2008 financial crisis and subsequent recession. As such, Portugal’s main economies are still based in the areas of manufacturing, agriculture and raw materials. The D7 visa for Portugal also acts as a type of visa for digital nomads. If you are moving to Portugal as a digital nomad, you will need to have a formal letter from your employer showing your salary and guaranteeing that you have the right to work remotely.
If you really need a car for short errands, like moving furniture or trips outside the city, Lisbon has several car-sharing services, like DriveNow and emov, which allow you to rent cars for short periods. One of the most important parts of getting yourself set up in a new city is opening a bank account and getting your finances squared away. From local banks, like Millennium BCP, Caixa Geral de Depósitos and Novo Banco, to international options, like Banco Santander, expats in Lisbon have a variety to choose from for their banking needs.
- North American expats can enjoy safe cities with a low-cost and high standard of living and benefit from robust social services in Portugal.
- However, you are required to register your address in Portugal with IMT services within 60 days of settling in Portugal, this service is free of charge.
- To buy a home after moving to Portugal, look at ReMax and Idealista (the nation’s two most popular real estate websites).
In Portugal, all vehicles must have at least third-party liability insurance. This means that different people can drive your car if they have a valid driver’s license. The disadvantage of this type of insurance is that you cannot benefit from accident-free discounts, as this is not taken into account in Portugal.
Of course, there is also the old-school method of actually going to a language school and opening a textbook. In this case, you can check online to find the nearest Portuguese lessons near you and give yourself the best chance of embracing the culture and language when you move to Portugal. If you are a non-EU/EEA national, on the other hand, you will need to swap your driving license for a Portuguese version within your first six months in the country. Depending on where you arrive from, you may also need to accompany it with an International Driving Permit.
He can also help you prepare to apply for jobs in Portugal through our International Job Search service. The Portugal visa request procedure occurs at the Portugal consulate or foreign office in your home nation of residency. When in uncertainty about supporting documentation, conduct some study beforehand and call or contact the consulate ahead of time. It’s a good idea to familiarise yourself with the expense of residing in Portugal before making the trip. The budget for residing will influence various factors, such as the effectiveness or failure of your migration. You’ll be relieved to learn that the living cost in Portugal is relatively cheap, making foreigners more economically secure both before and after their relocation.
Portugal’s Golden Visa is an ideal option for non-EU nationals that would like to live in the bloc, thus securing the future of their families. Known primarily for its beautiful beaches and mild weather during https://www.pearlsofportugal.com/our-services/relocation-service-portugal/ the summer, Portugal’s southern region is a popular vacation spot for locals and visitors alike. Indeed, many news outlets around the world have written about how wonderful life is in the Algarve. The Portugal Golden Visa might be suitable for you if you have the funds to make an investment in the country. It allows non-EU citizens to get a long-term residency permit and eventually citizenship.