How much money do you need to retire in Portugal?

Portugal offers arguably the lowest cost of living in Western Europe.  a couple can live comfortably in Portugal’s interior from about $1,700 a month.  The budget for larger cities such as Lisbon is about $2,100 or $2,200 a month.

Where is the best place to retire in Portugal?

Portugal has many great options for expats to retire to. You can retire in one of the many beautiful cities such as Lisbon and Porto. If beach living is what you dream of 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. Our on the ground experts belive it to world’s best place to retire. Based on cost of living, climate, healthcare on offer and overall quality of life Portugal is great place to retire.

How can a US citizen retire in Portugal?

U.S. citizens can retire in Portugal with relative ease. The most common visa for U.S. and Canadian citizens looking to live in Portugal is the Type 1 visa. This visa is issued to people who intend to reside in Portugal permanently for retirement among other reasons.