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27 Jul 2023
No, living in Portugal as an expat can be quite affordable. Portugal has a lower cost of living compared to many other European countries, and it is certainly less expensive than the United States. For instance, rent costs in Portugal are 45% cheaper than in the US.
In this page you can find out more details about the cost of living in Portugal, with a special focus on housing, food, healthcare, transportation and taxes.
Yes, expats in Portugal can access both public and private healthcare options through health insurance plans. Additionally, if you are a Portuguese resident, you can benefit from free healthcare.
Portugal has a public healthcare system that is widely considered to be one of the best in Europe.
We recommend reading the information we have put here: Navigating the Portuguese healthcare system
The process of obtaining a Portuguese residence permit can vary depending on factors such as your nationality and the purpose of your stay. It generally involves submitting an application with required documents, paying a fee and attend an interview.
In addition to the services provided by the Portuguese authorities, where you can take care of all the formalities, there are many companies specialized in hosting expatriates and legalizing foreign citizens in Portugal.
American expats living in Portugal may be subject to both US and Portuguese taxes. The US has a unique tax system that taxes its citizens on worldwide income, regardless of where they reside. Portugal also taxes non-residents on their income from Portuguese sources. It is recommended to consult a tax professional to understand how your taxes will be affected.
There is currently a great demand for labor in some sectors of activity in Portugal.
According to the National Institute of Statistics (INE), the groups with the highest demand for labor until June 2023 were specialists in intellectual and scientific activities, technicians and intermediate-level professions and skilled workers in industry, construction and craftsmen.
Yes, American expat communities can be found throughout the country, with a concentration of them in cities such as Lisbon and the Algarve.
Some cities that are well suited for American expats include Lisbon, Porto, Faro, Viseu, and Évora.
If you are looking for a house in Lisbon or the Algarve, the contact you cannot miss to help you find properties with excellent location and price-quality conditions is us!
You are in the right place!
We have many international customers installed. Benefit also from our expertise.
Get in touch for support from a consultant.
You might also be interested in finding out more about towns to live around Lisbon.
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