For people who are interested in buying property in other countries, the reasons are varied. It can be because of the good climate or perhaps people are simply looking for a new way of life. Moving to another country is one important decision to make in life whatever you reasons may be. Important matters have to be decided upon if you plan to live abroad including the place to live, place to work, school for your children, and others. You just have to make sure that you will be making a financially viable decision.
You should consider buying a property in Portugal if you are set to living abroad. The benefits of living in Portugal will be in terms of return on investment and lifestyle.
If you are coming from London, it will only take you 2 hours and 40 minutes to get there. Since Portugal is easily accessible, it can be perfect for a weekend retreat or a more permanent place to stay.
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There is also a booming tourism industry in Portugal. Portugal is one place which is not overpopulated. You can build a holiday home in Portugal which you can rent out to tourists if you are not using it. It will also be a good place for permanent residence.
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This country also boasts of beautiful golf courses. Golf is popular in this country and thousands come here to play the game. Retirees who love playing golf would find Portugal an ideal place to live in.
Since 1986, Portugal has been a member of the EU and is a politically stable country. Because of EU investments, their transport infrastructure has improved and which is also responsible for the growth of its economy. Residents of other EU countries can enter and live and work in Portugal even without a visa.
Portugal boasts of a great and stunning climate. It enjoys plenty of hours of sunshine every year. The long coastlines of Portugal has over 200 beaches and 14 marinas which provide stunning waterfront apartments over the coast. If you want quiet seclusion or a place to have parties, you can get one of the beach apartments.
It is a big commitment to move to another country. If you want to finance your lifestyle then you can start your own business. When it comes to corporate taxes, Portugal has some of the lowest ones in western Europe.
Portugal’s protect market has considerably risen. If you are looking for investments Portugal is one of the top locations.
Portugal also has good international schools for the expat communities. They have high levels of education which are cheaper than many private schools in the UK.