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REASONS WHY PEOPLE ARE MOVING TO PORTUGAL 🇵🇹 Lisbon, Porto, Algarve 2024

Why is everyone moving to Portugal? A popular destination for expats and digital nomads in Western Europe, there are many reasons why Portugal is a popular destination to move to. In this video I explore some of those reasons following a recent trip to Lisbon. Portugal has many fascinating places, such as Lisbon, Porto, the Algarve, Madeira and the Azores islands. You will find great weather pretty much all year round, amazing food and a relaxed pace of life. All of this with at a very affordable cost of living! There are also a lot of incentives for foreigners to move to the country. EU nationals can move with very few bureaucratic hurdles, whilst non-EU nationals can explore options such as the Digital Nomad visa or D7 passive income visa. There are also tax incentives under the NHR scheme that allow new residents of the country to pay minimal tax for a period of up to 10 years. Watch til the end for a special bonus section! 💸 Mentioned in this video: * Affiliate Links* 🔹 Wise - A cheaper, faster way to send money abroad: https://wise.prf.hn/l/708eRo8 🔹 Revolut - One app, all things money: https://revolut.ngih.net/millennials D7 Visa: https://www.sovereigngroup.com/portug... About the NHR programme: https://www.globalcitizensolutions.co... https://www.sovereigngroup.com/portug... 💸 Chapters: 0:00 - Intro 0:46 - Welcome to Lisbon! 1:10 - About Portugal 2:02 - Where to move to in Portugal 3:59 - Weather in Portugal 4:47 - Great food 5:12 - Cost of living 6:29 - Mediterranean way of life 7:11 - Entry routes for foreigners 10:14 - Tax incentives in Portugal (NHR) 11:09 - Bonus: Portugal vs Spain 💸 Check out my Digital Store Products: 🔹 Net Worth Tracker here: https://www.etsy.com/listing/12121694... 💸 Follow me on social media: 🔹 Instagram:   / millennialswithmoney_   🔹 TikTok:   / millennialswithmoney   🔹 Facebook:   / millennialswithmoney   🔹 Twitter:   / millennials_wm   🔹 Website: https://www.millennials-with-money.com 💸 Products and Services I use (Affiliate Links) 🔹 Sign up to Raisin, a high interest savings platform in Europe: https://raisin-es.pxf.io/millennials 🔹 MNYMSTRS, a free financial education app: https://mnymstr.page.link/jonny 🔹 DEGIRO Low commission investing: https://www.degiro.com/?tap_a=56340-8... 🔹 Vivid Money, Multi Currency Digital Banking, Investing and Cashback: https://vivid.money/r/jonathanKNL?lt=... 🔹 Trading 212, free share worth up to £100/€100 (open account and deposit €1/£1 on the platform): http://www.trading212.com/invite/GIXJ... 🔹 American Express Share With Friends Programme: http://www.amex.es/amigos/jONATMsXgB?... 🔹 Iberia Cards: https://www.iberiacards.com/mgm/regis... 💸 About me: Welcome to Millennials With Money! My name is Jonny, I'm a financial analyst from the UK, currently living and working in Spain. I created this channel to help and inspire young people to improve their financial situation and live life to the full by sharing my own experiences with money and living abroad. I upload content on a weekly basis about personal finance, how to invest your money, tips to help you save more money, real estate and property, and travel and living overseas. Everybody is welcome in the Millennials With Money community! Let's get this money!!! 💸 Music by Epidemic Sounds: https://share.epidemicsound.com/o6n1px 💸 #portugal #lisbon #digitalnomad 💸 DISCLAIMER: The opinions and views shared on this channel are for entertainment and educational purposes only and are not to be taken as financial advice. Always conduct your own research prior to making any financial decision. Millennials With Money cannot be held responsible for any financial loss incurred from any decisions you make following this video.