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How much money do you need to move to Portugal and to buy property in 2023?


How much money do you need to move to Portugal and to buy property in 2023? - portugal news
How much money do you need to move to Portugal and to buy property in 2023? - Portugal Business News

Portugal news - How much money do you need to move to Portugal and to buy property in 2023? More and more American citizens are moving to Portugal and buying stunning beachfront properties. The New York Times reported that the number of Americans living in Portugal increased by 239 percent since the last 6 years.


This is what the US citizens who have moved to Portugal have to say about this new trending destination in 2023:


According to The US Sun, a couple who made the move from the US to Nazaré, that is a famous surf-spot along Portugal’s Silver Coast, just bought a brand-new beachfront property for a bargain price. Their dream to buy a house with an ocean view came true for 600,000 Euros ($ 657,870). The main reasons why the couple chose to retire in Portugal were the affordable cost of living and excellent medical care. Since Portugal has a universal health coverage, it is free for all those who obtain a residency visa.


The US Sun reports that another American who moved to Portugal in 2020 stated that the cost of housing has risen significantly and that people who want to move to Portugal should do sufficient research before deciding. He added that, it is only those who move from places like New York or San Francisco that perceive that living anywhere in Portugal is actually cheap.




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