Thinking of moving to Portugal from the United States? You are not alone. In recent years, many Americans have shown interest in this beautiful country because of its warm climate, impressive beaches, and affordable cost of living. In fact, the most recent count indicated that 9,794 Americans have moved to Portugal. So, why are Americans moving to Portugal in such large numbers?
First, it is important to understand the cultural differences that come with moving to a new country. US citizens must follow Portugal’s immigration laws and obtain a temporary residence or residency permit.
Why Relocate To Portugal?
Affordable Cost of Living Compared to the United States
One of the biggest advantages of living in Portugal as an American is the affordable cost of living. The cost of housing, food, transportation, and healthcare is significantly lower than in the US. For example, a three-course dinner for two at an average restaurant in Portugal costs about $50, while in the U.S., it can cost $75 or more. Utilities such as electricity and water bills are also 30-40% cheaper on average.
Pleasant Climate All Year Round
Another advantage that attracts American immigrants to Portugal is the country’s impressive beaches and pleasant climate. The climate in the Algarve is directly comparable to that of Southern California. With over 300 sunny days a year and mild temperatures in most seasons, it is no wonder that Portugal has become a popular destination for retirees seeking warm climates. The Mediterranean climate also allows for outdoor activities such as hiking, swimming, and surfing throughout the year.
Rich Cultural Heritage and Diverse Cuisine
It has a rich cultural heritage, influenced by its former colonies in Portugal, Brazil, Angola, Mozambique, and Goa. This diversity is reflected in seafood dishes such as grilled sardines and octopus stew, as well as meat dishes such as cozido (a nutritious stew) and frango piri-piri (spicy chicken). The country also has a vibrant music scene, with regular performances of traditional fado music.
The Job Market
Portugal has long been known as one of the most consistently growing economies worldwide, and this growth has made Lisbon a strong hub for technology and startup companies. For IT and online business professionals looking for a career in Europe, Lisbon can be an ideal place to live. While it can be useful to speak Portuguese to find work in other sectors, it is possible to find work in the hospitality sector if you have language skills.
The minimum wage in Portugal is $752 per month, which is tax-free. However, income tax is payable on earnings over $780. Average salaries usually range between 1,200 and 2,000 dollars. For example, the average salary of an accountant is $1,900, and that of a software engineer is $2,000. This suggests that professions with particularly high incomes offer attractive opportunities in Portugal and that living standards are generally more favorable.
Healthcare System
One of the good news for Americans about moving to Portugal is that the health care system is quite affordable. Portugal has both a public and private health care system. The public health system is open to people under 18 and over 65 and offers a very low-cost service for other residents.
However, if you are temporarily living in Portugal, you will not be able to access the public healthcare system. Therefore, you will need to take out private health insurance until your permanent residence is approved. Fortunately, private health insurance is also quite affordable. A basic plan starts at around $440 per year, while a more comprehensive plan can cost up to $1,100.
Education
Portugal offers free education to its residents and citizens until the age of 18. However, this education is usually in Portuguese, so it may take time for children to learn Portuguese. However, there are many international schools in Portugal with an American curriculum.
The monthly costs of private educational institutions range from 450 to 550 dollars. In the field of higher education, the average annual tuition fee at private universities is approximately 3,200 dollars.
Americans’ Growing Interest in Portugal: Attractive Living Conditions and Opportunities
The growing interest of Americans in Portugal is due to the various advantages the country offers. Portugal’s low cost of living, especially the affordability of basic necessities such as housing, food, transportation, and healthcare, makes it attractive to expats. In addition, the country’s year-round mild climate and impressive beaches are a big draw, especially for retirees and those who love outdoor activities. Portugal’s rich cultural heritage and diverse cuisine also offer opportunities for cultural exploration. Economic growth is characterized by job opportunities, particularly in the technology and entrepreneurial sectors, while affordable healthcare and education systems improve living standards. All of these factors make Portugal an attractive living option for American expats, and this trend is likely to continue in the future.
Source: http://theblogler.com/