Enjoy Your Retirement in Portugal by D7 Visa
When it comes to retiring abroad, you have different choices. However, retiring in Portugal is one of the best options out there. Portugal is the winner of the 2020 Annual Global Retirement Index. Experts believe it is the world’s best place to retire. Retirees with a source of income or a pension of at least € 700 a month can apply for a D7 visa.
Portugal is a different kind of beautiful, from mossy-stoned forests, fabulous coastlines, and some of Europe’s most pleasurable beaches. Porto or Cascais and other coastal cities, best exemplify the uniquely Portuguese style.
The inside of Portugal is a whole world unto itself, where you can find the remaining ancient civilizations and an integrated culture, and the landscapes and villages of its most lush, green countryside give a sense of home.
Among all the natural beauty, the ancient world and the modern world collide. In contrast to the U.S., Emirates, and Japan, where most of the infrastructure and towns grew into industrial locations, Portugal built their modern infrastructure over or rather weaved it through, a thousand-year-old past civilization.
This contrast can be seen when traveling throughout Portugal. Driving down a modern highway, only a couple of lanes wide, and always well-kept, you enter a time warp. Suddenly a small village built in the 1300s appears. As you enter it the road changes, cobblestones rumble under your car tires, and sometimes it narrows down to little more than a cart path. Old houses, businesses, government buildings, and maybe even a castle compose the limits of the narrow streets.
At first, the juxtaposition of new and old can feel strange, but you quickly start to appreciate its strange attraction, particularly in its more attractive manifestations. The types of accommodation in Portugal also vary. It is not unusual to find a house built in the 1700s made of two-foot thick granite blocks and stones across from a series of the most modern homes, fully equipped with every convenience.
Romance, Culture and Adventure Awaits You in Portugal
Normally, the type of accommodation and its affordability is the main consideration when choosing a new home. Fortunately, the cost of living in Portugal is about as reasonable you can find in a modern country. Almost one-third the price for the same standards of living as the U.S., providing you with freedom from financial concerns. For example, you can find a large house for just more than $360 a month fully furnished with five bedrooms, six bathrooms, polished granite tops, a laundry room, and most modern amenities.
Typically, a three-bedroom apartment in the interior of Portugal is almost $300 a month, but a coastal beach city-dwelling costs over $600 a month. A small family can get by in Portugal, without luxuries, on $1,200 a month. An individual would live extravagantly on that amount. Portugal offers considerably the lowest cost of living in Western Europe. A couple can live comfortably in Portugal’s interior for about $1,700 a month. The budget for larger cities such as Lisbon is about $2,100 or $2,200 a month.
Food in Portugal for the Retired
Food is cheap in Portugal. Fruit is generally 36 cents to $1.22 a pound, although some things like avocados and mangos can be more, and a full price Chicken is around $1.22 a pound. Eating out is inexpensive too. A cup of coffee is just 79 cents. Cafes typically sell wine, beer, and alcohol in addition to their regular menu. Food gives Portugal its sense of hominess. Even food you buy at one of the large chain markets here, like meat, produce, and dairy is locally grown and raised, and with little effort, you can avoid eating processed foods. If you live in Portugal’s interior, you live in the midst of food. Everywhere you go you see fruit trees, thick, lush, and green plantations, sheep herds, goatherds, and vineyards.
Making Friends and Socializing in Portugal during Retirement
The Portuguese people are nice, rules-oriented, and very compassionate, and will drop everything in an instant to help you. Crime is not a real issue in Portugal as it is one of the safest counties in the world to live in. While it is not essential to learn the Portuguese language to live here, it does help you understand the country, and better experience how kind and sweet the people are.
The Best Place to Retire in Portugal
Portugal has many great options for ex-pats to retire to. You can retire in one of the many beautiful cities such as Lisbon and Porto. If beach living is what you desire then The Algarve has many great retirement towns such as Lagos and Faro.
Is Portugal a Good Place to Retire?
Portugal is the winner of the 2020 Annual Global Retirement Index. Experts believe it is the world’s best place to retire. The costs of living, climate, healthcare, and generally the quality of life in Portugal make it a great place to retire.
Portugal self-supporting visa, Portuguese retirement visa, also known as the Portugal Financial Visa, or the D7 visa, is one of the best ways to get residency, especially for retirees. Retirees with a source of income or a pension of at least € 700 a month can apply for a D7 visa.
If you are retired or have the financial means to obtain a self-supporting visa in Portugal, visit Portugal Passive Income Visa (Portugal D7 Visa) page for more details.
For more information on the requirements for obtaining Portugal Passive Income Visa, please contact one of our advisers in the UAE, Denmark, or Canada, we will accompany you and your family until you obtain Portugal residency.
If you have any questions or comments about Portugal’s D7 Visa, you can share them with us in the comments section.