The Pros and Cons of Living in Portugal
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- čas přidán 27. 05. 2024
- What are the pros and cons of living in Portugal? Hey everyone! Welcome to my channel. Today I'm going to talk about the pros and cons of living in Portugal, a beautiful country located on the Western side of Europe. We'll explore some of its perks, as well as any potential drawbacks that come with it - all so you can make an informed decision if this could be your next home. So, let's dive right in and take a closer look at what life in Portugal has to offer!
Pros of living in Portugal
1. Good weather
Land of sun, sand and sea! It's no wonder that so many people love to live here-not only is it a beautiful country with plenty of culture and history to explore, but the weather is also unbeatable! In fact, it is one of the reasons why many people from around the world have started moving to Portugal.
If you're looking for an idyllic spot where you can bask in some sunshine throughout the year, then look no further than this southern European nation. From mild winters to hot summers, Portugal offers its residents diverse climatic conditions that make living here just perfect.
The average annual temperature in the inland North and Centre is between 6°C and 9°C, while it is higher, exceeding 17°C, in the eastern Algarve and the Guadiana valley.
2. Affordable transportation
Whether you're looking for a quick ride or a longer journey, travelling around Portugal doesn't have to break the bank. For instance, you can take an iconic yellow tram (or eléctrico) up and down Lisbon’s hillside at a fraction of what it would cost in any other major city.
Plus - they even come with their own unique charm! And don't forget about buses - they are both economical and efficient; you'll never be left stranded without transport again.
A bus ride would cost you around $1.6 while the metro and trains would cost you $4.3. If you are a travel person, then moving to Portugal would make sense for you.
3. Tax exemptions
Living in Portugal can be a real joy and one of the biggest benefits is that you don't have to worry about paying hefty taxes. They are taxed on their worldwide income at progressive rates ranging from 14.5% to 20%.
Taxes are one of those things that just seem to suck the life out of you and your pocketbook. But in Portugal, you can enjoy some respite from these unpleasant financial burdens. Tax exemptions allow residents save money while at the same time enjoying all the wonderful offerings this beautiful country has to offer.
4. Good wine
When it comes to wine, Portugal offers up something special. With some of the oldest vineyards in the world, traditional methods are still used to create these classic drinks - ensuring that each bottle has an individual character that can be enjoyed by all. And with such diversity available, it means no matter what type of wine you enjoy there will always be something on offer! If you are into wines, then moving to Portugal would feel like a heaven for you.
But why else should you consider making Portugal your base? Well because good quality Portuguese wines are surprisingly affordable; meaning everyone can experience these unique flavours without breaking the bank.
Finally, if it’s romanced your after then you won’t find anywhere better: few things beat quaffing a glass or two on one of Lisbon's warm summer nights while watching beautiful sunsets over stunning architectural landmarks - simply magical!
5. Great banking system
One of the great things about Portuguese banks is that they offer a wide range of services and features at competitive rates. For example, if you need to send money abroad for business purposes, banks can usually provide you with low fees and fast transfers through their international payment services.
They also provide customers with more sophisticated financial products such as wealth management offerings, insurance coverages and credit cards - all backed by reliable customer service teams who are always willing to take care of any query promptly.
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2 days ago i took a flight from Malaysia to Qatar and the guy was sitting next to me was from Portugal, we talked almost all the flight time along,but when we landed in doha we said goodbye and he rushed to catch his next flight to Madrid, i kept looking at him from the back as he was running. I don't know why I have this feeling in my chest and why I am still thinking of him all the time, i hope one day i will see him again
Good 1 and informative 👌
Thank y’all 💯
I got to schedule a business trip here.
Portugal är ett bra land att flytta till. Trevliga människor, bra sjukvård. Jag och min fru flyttade dit. Hur enkelt som helst. Skaffade lägenhet, jobb och köpte en bil.
How to migrate to Portugal can I get jobs related IT
3:45 how come this photo be ATM of Thailand's bank ?
Portugal is not only Lisbon.
😂😂😂
You her right
dont forget the amazing fish!
You her right
❤
Buses were efficient when they didn't have lines of tourists in every stop buying 2€ tickets with 50€ bills
Pretty accurate, though, I would say that the Portuguese really aren’t that more friendly than other Europeans; I find the Spaniards more friendly. Secondly, low taxes? Are you kidding. and the healthcare? Well, most Portuguese would agree that the public system is in complete Collapse and you need to get private insurance if you want any kind of decent medical care other than emergency care. But I haven’t found private care to be all that great compared to the United States. For example, if you do series of tests, like blood tests, or etc., or even imaging tests, you have to take the responsibility to get an appointment to get the results. Even if results came back extremely negative they wouldn’t contact you, so nobody takes ownership getting back to the patient even if the results could be life-threatening. You are really responsible for managing a lot of your healthcare.
I agree Portugal no more!
Pá eu sou portugues mas tenho que falar meu país está acabando população idosa econômia anda mal ainda bem que os brasileiros estão a vir pra portugal
Ótimo q são os brasileiros, com uma cultura próxima, língua e normalmente vão com a família , filhos. O problema são os outros imigrantes com outra religião totalmente oposta, língua outra cultura e sem falar que somente homens sozinhos que no países deles não respeitam os direitos humanos, mulheres e crianças. Mas isso não é somente em Portugal 😢. Continuando assim não sei como será o futuro na nação portuguesa. Adoro Portugal, Abraços a todos portugueses e brasileiros q vivem em PT.
This video is out of date: NHR tax exemptions are ending, so anyone resident in Portugal will have to pay "portuguese taxes".
Are the taxes high?
@@clementekpo7606 Yes, Portugal is a small country with an ageing population and taxes need to be high to pay for healthcare, education, security, policing, infrastructure, etc. The reason Portugal is welcoming foreigners to settle here is because we need more people to work & pay taxes.
Income Tax (IRS) starts at 14.5% for annual income of up to 7479 Euros and goes up, in a tier system, to a maximum of 48% for annual income above 78 834 Euros.
Here's the basic IRS tax rate tiers:
Annual Income up to 7 479 Euros -- 14.5%
From 7479 to 11284 -- 21%
From 11284 to 15992 -- 26.5%
From 15992 to 20700 -- 28.5%
From 20700 to 26355 -- 35%
From 26355 to 38632 -- 37%
From 38632 to 50483 -- 43.5%
From 50438 to 78834 -- 45%
Above 78834 -- 48%
These are the basic rates for year 2023. Each individual can deduct certain personal expenses such as health and education costs, etc. Also, 2 people living together as a couple can declare their taxes together and lower their overall tax if one has a lower income than the other. Families with children also get deductions.
hi
Stock pictures. Is it an AI talking? Sorry, this is very bad!
Okay like no hate for Portugal but was this video written by a 5 year old
Quality public healthcare? Where?
where indians live the most?
Private healthcare is not a pro. Never was and never will be. Not in Portugal or anywhere else in the world.
Where does Nigerians live in Portugal
Omo Portugal na suffer oo... No mind this video😂
@@mryoung205really? Can you explain please?
@@MeettheRichards Portugal salary is lower that the average rent... And there are alot of ghetto....
Nobody will tell you they are all illegal
Just use Portugal collect paper, then enter enter European country. Portugal gives pm faster
DO NOT MOVE TO PORTUGAL. The people of this country thank you.
Why?
I love Lisbon and Portugal and will probably live there some day
Only the duped think it’s cheap and that’s why they move there. Nope!