Why Residency In Portugal Is Today’s Golden Opportunity
Portugal is hot. I’ve been focusing time and attention on this country for the past two-and-a-half years. My first visit,...
Read morePopulation: 10,813,834
Capital City: Lisbon
Climate: Mediterranean
Language: Portuguese
International Dialing Code: 351
President: Marcelo Rebelo de Sousa
Until recently, Portugal had not been a well-known destination and attracted very few foreign visitors. Portugal remained largely undiscovered until the mid-1990s, when Europeans began immigrating en masse. Expats to Portugal enjoy its beautiful landscapes, historical architecture, stunning beaches, and welcoming residency programs. Nowadays, Portugal is home to hundreds of thousands of (mostly European) expats and North Americans are just picking up on the trend.
iStock/DaLiu
Despite its small size (225 km wide and 612 km long) Portugal rewards the visitor at every step, offering a mild climate, and hospitable locals. You’ll enjoy beautiful white-sand beaches throughout the country… almond trees in the African-looking Algarve region… fields of golden wheat in Alentejo, ranches in Ribatejo… ox-driven carts across Minho… and vineyards in Douro. The country is rich with artistic and cultural treasures, tasty cuisine, and a unique architectural style (called Manueline). As a bonus, Portugal ranks as the 17th safest country in the world.
English is spoken by most in Portugal and visitors are welcomed.
The cost of living in Portugal is among the lowest in Western Europe, on average 30% lower than in any other country of the region.
In all, Portugal offers a competitive cost of living, especially when compared with its EU neighbors, an enviable tax situation, and bargains on real estate.
iStock/maniscule
The Algarve Region is the southwesternmost coast of mainland Portugal. (The origin of the name Algarve is Al-Gharb, meaning “west” in Arabic.) Bordering the Atlantic, this region is already home to more than 100,000 expats.
The Algarve offers the best of the Old World, from medieval towns and fishing villages to open-air markets and local wine, plus some of Europe’s best beaches. The Algarve arguably boasts some of the world’s greatest weather, too. Algarve enjoys 3,300 hours of sunshine per year, more than most anywhere else in Europe. Nowhere in the world could you embrace a better overall foreign visitors than in Portugal’s Algarve region.
The Vasco de Gama Bridge in Lisbon, over the Tagus River. is the longest bridge in Europe at 10.7 miles long.
The oldest bookstore chain in the world, Livraria Bertrand, is from Portugal and was launched in 1732.
Portuguese is spoken by more than 230 million people worldwide and is the official language of nine countries.
Portugal is hot. I’ve been focusing time and attention on this country for the past two-and-a-half years. My first visit,...
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© 2008-2021 - Live and Invest Overseas - All Rights Reserved.