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Expat Life & Events
October 9, 2023

Portugal sees a large influx of wealthy expats

Portugal sees a large influx of wealthy expats

Portugal’s high quality of life, stunning landscapes, and welcoming atmosphere has resulted in the country becoming a favourite of expats seeking a new way of life.

Here’s an essential guide to Portugal for those looking to make the move. 

Climate

The Mediterranean climate of Portugal is a significant draw for those seeking a warm and pleasant environment.

With over 300 days of sunshine each year, it encourages outdoor activities and a healthy lifestyle. The Algarve is notable in boasting some of Europe’s most pleasant weather, making it an idyllic location for those seeking respite from countries with colder climates.

Find out more about the climate and life in Portugal...

Natural Beauty

From the rolling hills of the Douro Valley and Sintra to the beaches of the Algarve, Portugal’s natural beauty is captivating.

The diverse landscapes offer a wide range of experiences, from the tranquillity of the countryside or the vibrancy of coastal living. Exploring rural villages, hiking along scenic trails, or simply taking in the beauty of the Atlantic coastline become a way of life for those opting to make Portugal their home.

Culinary Scene

Seafood is a popular choice and a staple in Portugal

Portugal enjoys a vibrant culinary scene with a diverse offering. From fresh seafood to rich pastries and fine Port wine, the country’s gastronomy is a reflection of its history and culture.

Expats can indulge in gourmet experiences with an array of Michelin star restaurants dotted across the country.

A bustling market scene has paved the way for a diverse selection of street-food options, especially in the capital.

Learn more about top Micheline restaurants in Portugal...

Residency Options

Portugal’s Golden Visa programme has gained international acclaim for its simplicity and attractiveness to expats moving to Portugal seeking long-term residency.

Those investing in real estate, job creation, or capital transfer can attain a Golden Visa, offering a fast track to residency and access to Schengen countries.

The programme provides generous tax benefits.

It not only eases the transition for expats, but also promotes economic growth within the country.

Outside of the Golden Visa, the D7 and D8 visas offer alternative routes to residency, also with a selection of financial perks, making it even simpler to become an expat in Portugal.

Contact one of our visa experts to learn more...

Healthcare System

Portugal's healthcare system is renowned for its quality and accessibility. The National Health Service (SNS) provides affordable and comprehensive medical care, and private options offer premium services for those seeking extra comfort and convenience.

For affluent expats, having access to top-notch healthcare is not just a preference, but a crucial aspect of maintaining a high standard of living.

Portugal's system offers just that, giving expats the peace of mind that they will receive excellent medical care whenever they need it.

Thriving Towns and Cities

You're not just limited to the capital when moving to Portugal. From the historic cities of Braga and Coimbra, to the coastal towns of Cascais and Nazaré, there is somewhere for every taste. 

Whilst Lisbon and the Algarve remain the most popular locations, extensive transport links across the country makes commuting in and out of major cities a breeze. 

Find out more about other top locations in Portugal...

Article Author & Bio: Emily Turner

Emily Turner, an expert writer specializing in the vibrant lifestyle and rich culture of Portugal. With a keen eye for detail and a deep appreciation for the Portuguese way of life, Emily provides readers with engaging and insightful content having written for multiple publication throughout her 23 year career. Whether you're looking for hidden gems, cultural experiences, or lifestyle tips, Emily's expertise ensures that you can savour every aspect of Portugal's unique charm and traditions.

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Current NHR Tax Holders: Are you protected moving forward?

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Please note that during the Christmas and New Year period, response times for form submissions may be longer than usual. We appreciate your understanding and patience during this festive season. Our team will do their best to attend to your submissions as promptly as possible. Wishing you a wonderful holiday season!
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