2024 Portugal Update: Changes US Expats Must Know Before Moving or While Living in Portugal
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- čas přidán 10. 09. 2024
- As a US immigrant who has been embracing the vibrant culture and picturesque landscapes of Portugal for over 5 years, I've experienced firsthand the transformative journey of relocating to this beautiful country. With 2024 marking a critical US election year, coupled with escalating job losses and corporate bankruptcies, the allure of moving abroad is stronger than ever for many Americans.
However, the dream of a new life in Portugal comes with its own set of challenges and considerations. In this essential update, I dive deep into the significant changes occurring in Portugal that could impact your relocation plans. From immigration reforms to tax implications, understanding these factors is crucial to avoid making a costly mistake.
In today's live session, we'll explore:
The latest immigration policies and how they might affect you.
Tax issues that US citizens must be mindful of when moving to Portugal.
Insights into the Portuguese job market and what a US-dependent income really means here.
Strategic considerations to make before packing your bags for Portugal.
Relocating to a new country is a monumental decision, and being informed is your first step towards a successful transition. Join me as we unravel the complexities of moving to Portugal in 2024, ensuring you're equipped with the knowledge to make empowered decisions.
Resources:
layoffstracker...
www.ft.com/con...
www.mastercard...
www.vfsglobal....
www.politico.e...
www.bbc.com/ne...
📲 Stay connected for more insights on blending business, travel, and technology! Follow me on Instagram for live updates: / drivenspice and don't forget to subscribe to the CZcams channel for more content: / drivenspice .
Five years....wow. You have been consistently honest from day one; the original Portugal OG. You were the first and still are the preferred source I refer folks to for info about what's really going on there. Grateful for ya! 🙏🏾
Thank you. I appreciate it. Grateful for you too. We need to catch up.
Thanks so much Cinnamon for snatching off the rose-colored glasses yet again😅 Much needed reality check 👍🏾
Sure thing! Hope it was helpful.
Cinnamon, at this point, you seem to be the only youtuber who is being honest. I understand that everyone's experience is different, but a lot of Americans, especially African Americans, make Portugal out as some type of heaven on earth. I did not live there as long as you, but Portugal likes to bait and switch. I'm glad you stuck it out because you will get your reward.
I just hope they don't give you the runaround when it's time to get your residency. Don't be surprised if they do, though. Hang in there until you get your residency. You are too good for Portugal. They don't appreciate educated black people like yourself. If you notice, you don't see black people in high positions there, and black folks have been in Portugal longer than in the US. I don't know if things have changed, but when I lived there, there were no black newscasters. I never even saw any black policemen. I hope things have changed since I lived there. Living there made me appreciate the US so much more.
Interesting.
Thank you for your kind words Teddy. I really do hope that it all works out. I'm hoping the commitment I made will be what I had envisioned. The inconsistencies are concerning. But I guess only time will tell.
Towards purchasing an health insurance in Portugal you only have to go to a CUF hospital and pay the package in wich you feel more confortable, its private and accepted throughout the country. You just have to be carefull with emergency room charges but like i said everything is well explained in english on those packages.
This was a good hour of sharing your experience and information.A great resource for people considering the move. 🙏🏽 😊
Thank you kindly
Thank you. I appreciate all of your information.
Sure thing! Hope it was helpful.
Thank you for this video.
Thank you for the information! Unfortunately, the proof of accommodation requirement has changed from what you showed on the website. Airbnb is no longer accepted and you need a 1 year lease. This is for the San Francisco office. They have outdated information listed on the website.
Hi, Cinnamon, how are you doing?
Towards electricity bills you can make a yearly contract with EDP wich is called Conta Certa and provides you with a fixed amount to pay monthly.
At the end of the year you can chance it up or down following your electricity needs.
Thank you so much! I have heard good things about that electric company. I will switch my contract there. Thank you for the Conta Certa tip. I will ask for it.
❤
Hi Cinnamon ,
Are you saying that from the East coast NYC ,VSF didn’t require proof of Portuguese bank account ?
Also, just want to say thank you for a balanced review of your experience and knowledge of the process. I might have to work on my kooth and patience before my move. 🙏🏼✌🏼
Hey there! I applied at the DC office and was not required to have a Portuguese bank account before obtaining my temporary visa. However, I did have to open a Portuguese bank before completing the second part of my visa appointment in Portugal. Absolutely! Practicing patience is a must 🙂
@@DrivenSpice thank you.