An increasing number of Americans are opting to reside in Portugal

Jun 30, 2023

The growing trend of Americans living in Portugal has reached its highest point in over a decade, as reported by the Foreigners and Borders Service (SEF).

In this article, we will delve into the primary reasons that drive Americans to seek a new life in Portugal.

The profile of Americans interested in living in Portugal can vary widely as motivations for moving to another country are personal and individual. However, some common patterns can be observed among those considering living in Portugal:

Retirees: Many retired Americans are drawn to Portugal due to its high quality of life, pleasant climate, lower cost of living compared to the United States, and accessible healthcare system.

Digital nomads and entrepreneurs: Portugal has become a popular destination for digital nomads and entrepreneurs seeking a welcoming environment to work remotely and launch startups. The presence of entrepreneurial communities, high-speed internet connectivity, and tax incentives for entrepreneurs are attractive factors.

Students: Portugal boasts renowned universities and a well-regarded educational system. Some American students choose to pursue undergraduate or graduate degrees or participate in exchange programs at Portuguese institutions.

Culture and European lifestyle enthusiasts: Many Americans are drawn to Portugal for its rich history and culture, beautiful landscapes, gastronomy, easy access to other European countries, and a more relaxed pace of life.

Couples and families seeking security: Portugal is considered one of the safest countries in the world, which attracts couples and families looking for a secure place to live and raise their children.

Main reasons to move to Portugal

Affordable Cost of Living: Compared to the United States, Portugal boasts a relatively affordable cost of living. Housing, healthcare, and daily expenses tend to be more budget-friendly, allowing individuals and families to stretch their resources further and enjoy a comfortable life.

High Quality of Life: Portugal is renowned for offering a high quality of life, making it an appealing destination for Americans seeking a more relaxed and enjoyable lifestyle. With its breathtaking landscapes, pleasant climate, and vibrant culture, Portugal provides an enriching environment that promotes well-being and fulfillment.

Welcoming Environment: Portugal has established itself as a welcoming country, embracing diversity and fostering a sense of inclusivity. Americans who choose to settle in Portugal often find a warm and supportive community that helps ease their transition and integrate into the local society.

Accessible Healthcare: Portugal’s healthcare system is recognized for its accessibility and high standards of care. For Americans seeking affordable and reliable healthcare options, Portugal’s universal coverage ensures peace of mind and comprehensive medical services.

It’s important to note that these are general categories, and each individual will have their own personal motivations for considering living in Portugal.

Stay tuned to MB Consulting for more information. If you want a quick contact from our team, use our contact us form and we will be happy to help you during your stay in Portugal.

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