Well, the international health insurance company William Russell recently launched a “Family Relocation Report”, which lists the best and worst countries to live as a family. The report considers a range of factors - from childcare costs to average annual working hours. And guess what, Portugal is number one!
Portugal offers many advantages for Americans seeking a new life abroad. Here are some of the highlights:
* Affordable lifestyle: Portugal has a lower cost of living compared to the US, allowing you to stretch your dollar on housing, dining, and everyday expenses, especially if you have children.
* Lower overall childcare costs: Even private childcare options in Portugal tend to be much cheaper than their US counterparts. Nurseries and preschools in Portugal can range from €200 to €300 per month, whereas, as you know, costs easily reach several thousand dollars in the US.
* Pleasant climate and exuberant nature: Enjoy beautiful beaches, several protected areas, urban parks, with sunshine-filled days, mild winters and warm summers.
* Safety and friendliness: Portugal is renowned for its safety and welcoming locals. Expats consistently rank Portugal high on their list of preferred destinations.
* Location: you’re in Europe with all the infrastructure, cultural and geographic diversities, top ranked and affordable universities, and easy accessibility to the European Union market.
And, the best news is that it’s quite easy to get a residence visa! Here are a few situations in which you and your family can get a residence visa: if you (i) want to expand or open your business in Portugal; (ii) are entitled to passive income including pensions and retirement, rentals, royalties etc; (iii) are a digital nomad; or (iv) want to bring or constitute a Start-up company in Portugal.
Want to know more about your choices?
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