Americans in Portugal and the real estate market in Portugal

What's changed, what's stayed the same and where are we headed?

In recent years, more and more Americans have been coming to Portugal to purchase real estate and obtain residency in our country, which eventually allows them to apply for Portuguese, and therefore European, citizenship. The famous Golden Visa, which granted residency through investment in Portugal to non-EU citizens, is no longer applicable as a result of an initiative proposed by the Portuguese government. Although many lawyers in Portugal believe that the changes made by the Portuguese government were illegal, the discontinuation of the new Golden Visa has been announced. Form and''The application of this government decision was incompatible with some of Portugal's basic laws, including the Portuguese constitution, and so there will be resistance to these changes for some time to come.

Leaving this topic aside for now, let's focus on the other important reasons why so many people decide to come here. The Portuguese people and Portugal as a country continue to be hospitable and welcoming to visitors from all over the world. Portugal has a high level of English language proficiency and a large portion of the population has a good command of the language. Portugal remains one of the safest countries in the world and is a country where you can enjoy a glass of wine on your terrace until the late hours of the evening without worrying about the consequences and''Portugal means it is in the London time zone, just five hours ahead of New York City. Schools and colleges also play a role in attracting more American students to study in Portugal, both short-term and long-term.

Americans who wish to come and live in Portugal can do so without a Golden Visa, and many American citizens already do so.