Portugal is an increasingly popular destination for expatriates from all over the world. It's so popular with foreigners because it has so many advantages to offer. If you're thinking of moving here, but are still hesitating, this article will help you take the plunge. Discover the many reasons why Portugal could be the ideal choice for you.
Portugal is also an Eldorado for investors and entrepreneurs. This is because the country is one of the most fiscally attractive in Europe. For example, the tax rate is just 20% on business income. In addition, citizens enjoy full tax exemption on foreign-source business and asset income. Learn more on this page about the numerous tax advantages.
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For the vast majority of people landing in Portugal, it's to enjoy the country's Mediterranean climate. Portugal offers mild winters and hot, sunny summers. As the holiday season draws to a close, very few visitors really want to pack their bags and leave this little paradise. So settle in to enjoy the Algarve's stunning beaches, the green hills of the north and the charming urban landscapes of cities like Lisbon and Porto all year round.
Compared to other Western European countries, the cost of living in Portugal is relatively low. So when you move here, you generally have more purchasing power. Housing, food, transport and leisure activities are generally more affordable than anywhere else. With a reasonable budget, you're sure to love it here.
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Beyond the country's many riches, such as its gastronomy and landscapes, it also boasts a warm and welcoming population. The Portuguese are renowned for their hospitality and kindness. They are generally open to strangers and enjoy sharing their culture and traditions.
Once you've settled in, you'll quickly feel at home in Portugal, thanks to the warm welcome you'll receive. With a little time, you'll be able to integrate by interacting with everyone.