Thinking of retiring to Portugal?

Thinking of retiring to Portugal?

Portugal is a hugely popular destination for anyone ready to start afresh – at any age. But it is especially so for retirees.

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Portugal is a hugely popular destination for anyone ready to start afresh – at any age. But it is especially so for retirees.

This small country with a population of around 10.4 million offers a unique blend of stunning landscapes, incredible cuisine, and a laid-back lifestyle. With over 300 days of sunshine, an affordable cost of living, and a welcoming culture, Portugal is a wonderful option for those seeking to escape and enjoy a complete change of pace and lifestyle.

If you are looking to relocate and invest in a new home, you will not be alone, as almost 15% 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 retirees, Portugal has been ranked as the best place in the world to live, according to the Global Retirement Index.

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, which ranks Portugal at 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.

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

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.

Discover what this American couple have learned from taking early retirement to Portugal here

Sold on the idea? 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: Business / Guide to Portugal / Portuguese Life