Portugal was appointed the best place to move by Forbes Magazine
The article starts off by encouraging American to quit their job and move abroad, pointing out Portugal as number one destination for being the cheapest place to live. Furthermore, it states that the Visa options in Portugal make it “relatively easy to stay for a long period of time”. And “the cost of living is low compared to the US: a couple can comfortably meet their expenses (including rent) with around US$2,800 per month (€1,895) all included”.
Forbes’ article was based on the International Living’s Annual Global Retirement Index, which is “designed to help point people to the specific spots that would be best for them—given their budget and their priorities”.
Portugal was rated number one based on the factors that are most important for US citizens to consider—cost of living, climate, visas, housing, healthcare.
“1. Portugal
Why: This year, Portugal was named the top country to live. It wins in part because of the strength of the U.S. dollar today. It’s a timely pick—because Europe is effectively on sale if you’re shopping with greenbacks. It’s a good time to go. Beyond that, Portugal’s visa options make staying there long-term relatively easy.
Where to Move: “Big cities like Lisbon and Porto are going to cost more, smaller towns less. A few spots to consider in Portugal: Lagos, Vilamoura and Tavira.” Lagos is a town with history on Portugal’s sunny Algarve coast. Vilamoura is a landscaped resort community with gorgeous beaches. A former Roman seaport, Tavira is filled with buildings covered in blue and white tiles.
The Cost: “The day-to-day cost of living is low compared to the States—a couple can comfortably cover expenses (including rent and everything else) for about $2,800 a month. A single [person] could live well on about $2,000 a month, all in (less in more rural areas).”
Source: Forbes
