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Portugal is perfect for wealthy retirees!

Published on 18th August, 2021

An American survey ‘2021 Best Countries for a Comfortable Retirement’ has ranked Portugal in 5th place.

The survey looks at how appealing a country is to settle in later in life taking into account its cost of living, quality of life and cultural accessibility. It notes that retirement interest in any one country is indicative of the global perception of that nation.

Portugal comes behind Spain, Australia, New Zealand and Switzerland.

The survey was aimed at people 45 years or older who considered themselves to be “upper class,” the scores were ranked on seven attributes: affordability, a favourable tax environment, friendly, is this a place where I would live, pleasant climate, does it respect property rights and does it have a well-developed public health system.

Given points out of 100, Portugal scored 46.1, with its family-friendly aspect scoring 88 points and safety 67.2. The health care side of the ranking pulled the results down, scoring only 20.6.

This is Portugal’s first time within the ranking’s Top Five. The country is described as having a “relatively low cost of living and retirement tax laws that have made retirement in the country easier for expatriates”. It also comments on the long stretches of beach, a mild climate and 15 UNESCO Heritage Sites.

But who needs a survey to back up what foreigners from all over the world have found? Imagine living in a country where you can find a huge diversity of landscapes and environments in a small area: sandy beaches as far as the eye can see, golden plains and mountains, vibrant and cosmopolitan cities and a millennial heritage.

Here you can practice water sports, play golf on the best courses in the world, contemplate nature, experience the most novel well-being treatments, or just get out into the country and discover unbeatable heritage, wines and cuisine.

Find out more by contacting our knowledgeable and professional team of Property Advisors: info@portugalproperty.com or call us: +351 308 800 878 or 0800 014 8201 free from the UK.

Picture source: Jose Dinis Da Silva