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Portugal’s sun-drenched, culturally rich, and picturesque coasts have captured the hearts of expats and digital nomads from all over the world.
The Iberian Peninsula nation has especially grown in popularity among South Africans, who prefer the climate and excellent standard of living to more obvious destinations.
Portugal boasts temperate weather as well consistently ranking as one of the safest countries in the world. Its vibrant culture, influenced by centuries of history, provides South Africans with a sense of familiarity with their own country.
According to Consult Immigration, Portugal provides digital nomads and entrepreneurs with a growing economy and a hospitable environment for startups and online businesses. Major towns such as Lisbon and Porto also have a vibrant tech culture and numerous networking possibilities.
For South Africans with families, Portugal’s educational scene is especially appealing, with a government that prioritises education. The country is also home to a number of foreign schools and prestigious universities.
In comparison to other Western European countries including the United States, the cost of living in Portugal is significantly lower. This is especially evident in the real estate market, where renting and purchasing are more affordable. The Algarve region is popular among retirees because of its moderate climate and gorgeous beaches. Lisbon and Porto attract young people and professionals, although Madeira and the Silver Coast are gaining prominence for their distinct charm.
Daily essentials such as food, transport, and utilities are reasonably priced. Portugal stands apart from countries such as the United States, Australia, and the United Kingdom because of its low cost of living. On top of that, the place is incredibly beautiful.
Much like Spain emerging as a top haven for digital nomads, Portugal is extremely attractive to younger people looking beyond our uncertain horizons. Residency in Spain and Portugal has become an attractive option with various visa options available, the most popular choices being:
Golden Visa: An attractive choice for those looking to gain residency through investment, the Portugal Golden Visa is popular among those who wish to apply through investment and venture capital funds or by way of a capital transfer to a Portuguese bank.
D7 Visa: Ideal for both retirees and remote workers, the Portugal D7 Visa is known for its relatively relaxed income requirements. It’s a great fit for those who want to enjoy Portugal’s lifestyle while maintaining their income sources from abroad.
Digital Nomad Visa: Recently introduced to cater to the growing trend of digital nomadism, the Portugal Digital Nomad Visa is designed for individuals who work remotely and are employed by companies outside of the country. This visa recognizes the unique needs of digital nomads, offering them the flexibility to live and work in Portugal.
Visa applications are relatively straightforward, but it’s advisable to work with someone with experience in the country.
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[source:consultimmigration]
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