With Atlantic beaches, affordable living costs, safety and an enviable pace of life, Portugal has emerged as one of Europe’s top destinations for expats, retirees, digital nomads, and families alike. But with global uncertainty, shifting immigration rules, and a fast-evolving property market, many are asking: Is now still a good time to move to Portugal?
The short answer? Yes—but with eyes wide open. Here's why Portugal remains a still compelling choice, along with what’s changing, what to watch for, and how to make a smart move.
The Allure: What’s Still Great About Portugal
Quality of Life Portugal consistently ranks high in global quality-of-life indexes thanks to its excellent climate, location, low crime, affordable healthcare, and strong sense of community.
Climate & Natural Beauty With 300+ days of sunshine in parts of the country, Atlantic coastlines, historic towns, and charming countryside, Portugal offers a bit of everything—from city dwellers to outdoor enthusiasts.
Healthcare The public healthcare system (SNS) is well-regarded and affordable. Private healthcare is widely accessible and costs a fraction of what you’d pay in the U.S.
Community Portugal remains one of the most welcoming countries in Europe. Many locals are kind and patient with expats—even those still learning the language—and international communities are growing in Lisbon, Porto, the Algarve, and many inland towns.
What’s Changing (and Why It Matters)
End of the Golden Visa (Real Estate Path)The popular Golden Visa program, which allowed non-EU citizens to gain residency through property investment, no longer applies to certainreal estate purchases. Other qualifying investments still exist, but the pressure is growing for new reforms.
Digital Nomad Visas are In Portugal now offers both short- and long-term Digital Nomad Visas, attracting remote workers with proof of income. It’s a good option—but expect higher income thresholds amid too much success.
Tightening Rental Market Lisbon, Porto, and parts of the Algarve have seen rent prices soar, driven by tourism, foreign demand, and limited housing stock. While Portugal remains affordable compared to cities like Paris or New York, expats should budget carefully and explore areas outside the major hubs.High prices have brought push back and resentment - as we have found in other nations.
Bureaucratic Backlogs With high demand for residency permits and visa appointments, AIMA (Portugal’s immigration office) has been stretched. Expect real delays in paperwork, appointments, and approvals—even with legal help.
Cost of Living: Still a Value—But Watch the Fine Print
It’s true that Portugal can be dramatically more affordable than the U.S., Canada, or northern Europe. But some costs are creeping up:
Housing: Prices have risen, especially in coastal and urban areas.
Groceries and utilities: Still cheaper than most of Western Europe, but inflation has been felt here, too.
Taxes: Portugal’s tax system is complex. The Non-Habitual Resident (NHR) tax regime changed in 2024 and no longer offers the same level of benefit to new residents. Speak to a tax advisor before you move.
Where the Smarter Money (and People) Are Going
While Lisbon and the Algarve remain popular, savvy expats are exploring inland towns and lesser-known regions:
Setúbal: Just south of Lisbon, with a white cliff on the coastline and lower prices.
Évora and the Alentejo: Great for those seeking a slower pace, historic charm, and growing expat scenes.
Braga and Guimarães: Northern cities with modern infrastructure, cultural life, and affordability.
Silver Coast towns (like Nazaré and Figueira da Foz): Coastal living without the Lisbon price tag.
So…Is Now a Good Time to Move?
Yes—if you’re prepared.
Now is a good time to move to Portugal if you’ve done your homework, understand the new visa requirements, and are flexible about where and how you live. Portugal is no longer the “hidden gem” it once was—it’s popular, dynamic, and evolving. Those early expats drove up prices and made the welcome a bit less warm, But for those who come with realistic expectations, a bit of patience, and a willingness to embrace the culture, it remains one of the most rewarding places to build a new life.
Tips for Making the Move
Visit first. Spend time in a few different regions before you commit.
Start with a trip to the Portuguese Consulate - they can help you get the ball rollling.
Work with local professionals. A good lawyer, accountant, and real estate agent can save you money and stress.
Learn the language. It opens doors—and minds.
Be flexible. Portugal rewards patience, curiosity, and openness far more than rigid expectations.