Why Portugal?

Published on 15th January, 2025

New year, new life? Portugal is a hugely popular destination for anyone ready to start afresh. This small country with a population of 10.53 million offers a unique blend of stunning landscapes, incredible cuisine, and a laid-back lifestyle. With over 300 days of sunshine, affordable cost of living, and welcoming culture, Portugal is a wonderful option for those seeking to escape and enjoy a complete change of pace and lifestyle.

The Portuguese people are a nation renowned for their friendliness and hospitality. Whilst the language can be tough to learn, many people are happy to speak English.

If you are looking to relocate and invest in a new home, you will not be alone as approximately 10% of the population are now foreigners. Buyers here are motivated by low crime, low population density and political stability. This means that whilst there is no shortage of buyers, good properties sell quickly.

For those thinking of retiring here, Portugal has been ranked as the best place in Europe and 2nd in the world, after Panama, for retirees.

Exactly why are foreigners so fond of Portugal?

Safety - Portugal remains one of the most peaceful and safest countries in the world, according to the Global Peace Index where Portugal ranks number 7.

Healthcare - Portugal’s healthcare system is currently rated 12th in the world and the country also has a well-ranked education system with a high level of English-speaking citizens. Healthcare in Portugal is subsidised, and the National Health Service (SNS) is available to all national residents. Private healthcare is also reasonably priced.

Affordability and weather - of course, Portugal attracts many foreigners because of its affordability and sun. The weather here is one of the best in Europe. Plus, the cost-of-living index always shows that Portugal is a country where it is relatively cheap to live. Those coming from abroad will find their purchasing power goes a long way in Portugal. But if you are looking to work here, then the minimum wage is low compared to other EU countries at €870.

Post-Brexit, non-EU citizens can enter and reside in Portugal for 90 days in a rolling 180 days. If foreign nationals want to stay longer, they need to obtain a residence permit.

Portugal offers several residency visa options. The most common is the D7, aimed at those with a passive income such as a pension or income from a rental property, but you could start a business here via the D2 visa, take up a job in Portugal via the D1 or D3 visa or support yourself with a salary from a remote job via the D8 Digital Nomad visa.

Contact us to discuss your property needs: hello@PortugalProperty.com or call us on +351 308 800 878 or 0800 014 8201 free from the UK.

Published in: Guide to Portugal / Miscellaneous / Portuguese Life / Travel