So you’ve finally decided to move to Portugal? What’s the next step? Portugal is a perfect destination for many Americans to retire as it offers a relaxing and calming ambiance and sceneries. The climate is excellent year-round, and the beaches are fantastic, something that is not always available in all parts of America. Not to mention, owning a property is easy with a discounted property in Portugal.
Well, aside from the physical beauty, there are more to love about Portugal – the food, people, and the high-quality of life. The cost of living is way lower than the high cost of living in the United States. Several tax incentives are also available that can take advantage of by American citizens. Take, for example, when owning a property, you can head on to Algarve property for sale and ask if there are any incentives you can take advantage of.
The next step to your move to Portugal is getting a visa. Is it easy for Americans to get a Portuguese visa? Well, there are a number of ways for Americans to have a Portuguese visa, such as:
- Marriage
- Work
- Investment
One of the easiest ways to get a Portuguese visa is through the Portuguese Golden Visa Program. It is popular because it gives you the freedom to choose a variety of affordable investment options enabling you to attain a permanent residency and citizenship in five years. It will only ask you to spend an average of seven days per year. Once you are a resident of Portugal, you can travel freely in the Schengen area. If you become a citizen, you will be allowed to work and live in the European and EEA region. Unlike many Golden Visa Programs, the Portuguese Golden Visa is not blacklisted by the OECD. Hence, making it one of the easiest and safest ways to get to Portugal.