Why live in Portugal

7 April 2023
Why live in Portugal

One of the best countries to live in. Why?

Imagine yourself living in a country where you will find a great diversity of landscapes and environments within walking distances: beaches with sandy beaches out of sight, mountains and golden plains, 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 latest in wellness treatments or discover the heritage, wines and unparalleled gastronomy.

- THE CLIMATE

As for the climate, our winters are mild and the summers hot and dry. Did you know that the number of hours of sunshine reaches 3300 in the south of the country and 1600 in the north, one of the highest values in Europe?

 

- THE PEOPLE

The Portuguese are friendly and welcoming, welcome all visitors, wherever they come from. And, in fact, they come from various parts of the world since the country is situated on the west coast of Europe, and is therefore a gateway to the Schengen area. Much of the population speaks foreign languages, notably English.

 

- GEOGRAPHY

Portugal has an excellent geographical situation. in the convergence of three continents - Europe, Africa and America - it has always been a central point on the most important international routes.  Here you will find international airports all over the country - Lisbon, Faro and Porto have regular connections to the main cities of the world.

Did you know that Lisbon is only two and a half hours away by plane from Paris or London? If you want to discover the beauties of Portugal, know that the country is served by a modern network of land routes: if you leave Lisbon it will take only two hours to Porto or Faro, the main cities of northern and southern Portugal, and about six hours to Madrid.

 

- THE COUNTRY

With almost nine centuries of well-defined geographical borders, in Portugal there is a democratic parliamentary regime with political stability.

Portugal is a member of the European Union and is part of the European Monetary System, using the single European currency and is also the 46th most competitive economy, in a total of 138 countries, according to the Global Competitiveness Index 2016-2017, produced by the World Economic Forum.

Portugal is the 3rd most peaceful country in the world in a sample of 163 countries (Global Peace Index 2020) and ranks 29th out of 176 countries in the Transparency International (Corruption Perception Index 2016).

 

- QUALITY OF LIFE

According to Numbeo, Portugal in 2020 is in 19th place in the quality of life ranking.

According to a study by Expat Insider (6th edition) based on 2019 data, Portugal had an impressive 3rd place in the world ranking with more than half of expats planning to possibly live in the country for the rest of their lives.

The study highlights the sympathy of the Portuguese and summarizes with the phrase "Life in Portugal is very peaceful, healthy and safe".

 

- THE COST OF LIVING

For most foreigners, the cost of living is considered low.

According to NUMBEO (Cost of Living in Portugal 2018), the price indices are attractive:

 www.numbeo.com/cost-of-living/country_result.jsp?country=Portugal

 

- TAXATION

Portugal is also one of the best countries to buy a house because it has clear and transparent tax rules and provides facilities in obtaining a residence permit, following new legal provisions more attractive to foreign investors.
It also provides a special regime for non-habitual residents, aiming to attract foreign investors through very favorable income tax rates.

 

And if you still need more reasons to make your decision to live in Portugal, know that Portugal has a very attractive and competitive real estate offer:

Portugal is internationally recognized for the quality of the work of its architects. This is proved by the two Pritzker Prizes already awarded to the architects Eduardo Souto Mouta and Álvaro Siza Vieira.
On the other hand, very attractive prices make real estate in Portugal a competitive and reliable sector.

 

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