Many emigrants from the USA have lost interest in Portugal – which is still one of the 10 best countries in the world

Many emigrants from the USA have lost interest in Portugal – which is still one of the 10 best countries in the world

alexeynovikov / Depositphotos

Many emigrants from the USA have lost interest in Portugal – which is still one of the 10 best countries in the world

There are those who only see attractions. Others are “losing interest.” Here are the pros and cons of emigrating to Portugal, according to Americans.

In a list of 10 countries considered the best for American emigration, headed by Mexico, Portugal occupies tenth place. But the attractions were greater.

The US media outlet even makes a list of pros and cons when it comes to Portugal, at a time when many Americans dissent from political ideals of the newly elected Donald Trump consider emigration.

Portugal “is hard to beat for its accessibility, quality of life, mild climate throughout the year and high quality healthcare system“, writes the editorial.

Furthermore, “the cost of living is generally more affordable than in most European countries.” Furthermore, Portugal’s classification as one of the world’s is seen as an added value.

The best is really visa system gold implemented since 2012, which opens doors to investment by foreigners who do not belong to the European Union, according to CNN. However, this system has “put an end to the aspect of real estate investment”, writes the editor.

The visas gold are still in force, but with some restrictions when it comes to real estate investment. As explained by , to obtain these visas Buying property is no longer a sufficient conditionbut there are forms of investment (very high) that allow access to this modality.

Alex Ingrim, president and co-founder of , which specializes in wealth management and tax strategies for American expatriates, says that “Portugal is a slightly more difficult place to immigrate to if we want the flexibility of a Golden Visa,” Ingrim tells CNN Travel. “It’s not that attractive from a tax jurisdiction point of view. And frankly, we saw many people lose interest in Portugal and start planning other jurisdictions in Europe.”

Furthermore, “similar to what happens in Mexico and other countries with large expatriate communities, there is a growing reaction against the influx of foreigners, especially Americans, and especially in Lisbon”, writes CNN.

“Immigration critics say the increase in rents and property prices it forced longtime residents to abandon the city and altered the fabric of certain neighborhoods,” it further writes.

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