There are several reasons why Portugal continues to deserve your best choice.

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The decision to live in Portugal necessarily brings along a connection to the country and a need to be part of a geographic space and its culture, but usually for a shorter time.  This decision in the immediate or as a retirement destination carries a greater involvement and more investment in the relationship with the country. 

People

The Portuguese are gracious and friendly, welcoming all visitors regardless of where they come from. And, in fact, visitors do come here from all over the world, as the country is located on the western coast of Europe and, as such, is a point of entrance into the Schengen zone. A large part of the population speaks foreign languages, specifically English.

 

Portugal_Lagoa de Obidos

Climate

In terms of climate, our winters are mild and summers are hot and dry. Did you know that the number of hours of sunshine per year reaches values as high as 3300 in the south of the country and 1600 in the north, some of the highest in Europe?

 

Best Quality of Life

In 2010, the European Consumers Choice Awards rated Lisbon (capital of the country) as the “Best Destination 2010” and in 2011 it was voted one of the 42 cities in the world with the best quality of life, by the Worldwide Quality of Living Survey 2011.

The Country

With almost nine centuries of well defined geographical borders, a democratic parliamentary regime with political stability prevails in Portugal.Portugal has been a member of the European Union for 26 years and forms part of the European Monetary System, using the European single currency. According to the World Bank, Portugal is the 43rd largest economy in the world, with one of the highest GDP growth rates over the last 40 years among the OECD countries.Portugal is the 17th most peaceful country in the world out of a sample of 153 countries (Global Peace Index 2011) and holds 32nd place out of 182 countries in Transparency International (Corruption Perception Index 2011): Portugal holds 32nd place out of 182 countries.

 

Geographical

Portugal has an excellent geographical location. At the meeting point between three continents – Europe, Africa and America -, it has always been central to the most important international routes. Here you can find international airports all over the country – Lisbon, Faro and Porto have regular connections to major cities in the world.Did you know that Lisbon is just two and a half hours away from Paris and London by plane? If you want to discover the beauties of Portugal, the country has a modern road network waiting to be explored: it only takes two hours to get from Lisbon to Porto or Faro, the major cities in the north and south of the country. Madrid is just six hours away.

 

Cost of Living

Most foreigners consider the cost of living to be low.

According to UBS (Prices and Earnings 2010), the price indices are attractivecaldas _ Praca_da_Fruta

  • Food: 68.2 (index: New York = 100);
  • Clothing: 53.3 (index: New York = 100);
  • Services: 67.9 (index: New York = 100);
  • Metro ticket: € 1,40 (journey of approximately 10 km);
  • Bus ticket: € 1.80 (journey of approximately 10 km);
  • Restaurant: € 40 (3 course meal in a good quality restaurant).

 

 

 

 

Portugal_ taxesTax Rules

Portugal is also one of the best countries for buying a house, because it has clear and transparent tax rules and offers facilities for obtaining residence permits, as part of new legal provisions that are more attractive to foreign investors.  It also has a special regime for non-habitual residents, aimed at attracting foreign investors through very favourable income tax rates.

 

 

You’ll feel right at home here!

 

Esta publicação também está disponível em: French, Portuguese (Portugal)