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12-10-2017, 02:16 PM
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#1
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Thinks s/he gets paid by the post
Join Date: May 2007
Posts: 1,577
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Retiring in Portugal
Enjoyed watching this video of my son's ex CEO who was retiring and going to portugal and choosing a new home there.
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12-10-2017, 02:45 PM
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#2
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Thinks s/he gets paid by the post
Join Date: Dec 2015
Location: Santa Paula
Posts: 4,070
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Funny- we watched that program yesterday. We spent a few days in Portugal and loved it. The area a little further north around Cascais, Sintra and Estoril is beautiful.
Many expatriates living there.
Edit: I added our trip story that includes Lisbon, Portimau and Cascais
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Retired Jan 2009 Have not looked back.
AA 60/35/5 considering SS and pensions a SP annuity
WR 2% with 2SS & 2 Pensions
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12-10-2017, 03:49 PM
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#3
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Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Aug 2011
Location: West of the Mississippi
Posts: 17,171
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Try this modest hovel near Sintra. Lots of space, but also a lot of stairs.
__________________
Comparison is the thief of joy
The worst decisions are usually made in times of anger and impatience.
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12-10-2017, 04:31 PM
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#4
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Thinks s/he gets paid by the post
Join Date: May 2007
Posts: 1,250
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Thanks for posting. We are looking into Portugal as our retirement destination in a couple of years.
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12-10-2017, 05:31 PM
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#5
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Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Dec 2014
Location: Huntsville, AL/Helen, GA
Posts: 6,002
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But how are you going to get a Visa? Americans per the Schengen Agreement are prohibited from spending more than 90 days out of 180 days without paying large fines.
Visas are limited mostly to students and exclude refrigerator for the most part.
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12-10-2017, 05:33 PM
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#6
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Moderator
Join Date: Feb 2010
Location: Flyover country
Posts: 25,198
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Portugal is one of the easier countries to get residency in.
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I thought growing old would take longer.
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12-10-2017, 06:49 PM
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#7
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Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: May 2008
Posts: 5,176
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Thank you for posting this. I must say that I'm a bit nervous for her...
Hard to say if she'll survive being away from her children.
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12-10-2017, 06:59 PM
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#8
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Full time employment: Posting here.
Join Date: May 2014
Posts: 973
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Those are expensive houses in Portugal. I though they should have houses of half of those prices to be competitive, especially one does not speak their language.
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12-10-2017, 07:33 PM
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#9
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Recycles dryer sheets
Join Date: Apr 2017
Location: Vandenberg AFB, CA
Posts: 71
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Quote:
Originally Posted by Bamaman
But how are you going to get a Visa? Americans per the Schengen Agreement are prohibited from spending more than 90 days out of 180 days without paying large fines.
Visas are limited mostly to students and exclude refrigerator for the most part.
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Google "Portuguese Golden Visa". Lots of ways to get permanent residency. Portugal looking to encourage wealthy foreigners to bring their money.
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12-10-2017, 07:34 PM
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#10
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Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: May 2008
Posts: 7,422
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I'm looking forward to visiting and seeing what it's like.
The south around Faro appears to have moderate weather even in March and August and it's dry too.
The north around Porto and inland are said to be very wet.
But you wonder about their fiscal situation. No other country has gotten in as bad a state as Greece but Portugal, Italy, Ireland, Greece and Spain are lumped in as the sickly economies of Western Europe.
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12-10-2017, 07:36 PM
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#11
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Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: May 2008
Posts: 7,422
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Quote:
Originally Posted by rocketjockey
Google "Portuguese Golden Visa". Lots of ways to get permanent residency. Portugal looking to encourage wealthy foreigners to bring their money.
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I think there are retirement visas offered by other EU countries too, like Italy.
But if you bring in money to the country, they would probably tax it? That's even before you get into their health care system.
It sounded like a lot of red tape too, when it came to buying property and opening a bank account, especially for Americans.
I don't know if Portugal is a lot better than Italy in these regards.
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12-10-2017, 07:40 PM
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#12
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gone traveling
Join Date: Dec 2015
Location: Berkeley, Denver, CO, USA
Posts: 1,406
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Portugal’s Golden Visa requires you to spend just €350K on a 30+ year old house.
Citizenship in 6 years.
Cost of living is 2/3 USA.
Português is more difficult than Español.
Many people speak English, sadly.
I loved my 3 week vacation this Fall.
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12-10-2017, 07:43 PM
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#13
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Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: May 2011
Posts: 8,368
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Why not just go there and rent?
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"Exit, pursued by a bear."
The Winter's Tale, William Shakespeare
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12-10-2017, 07:56 PM
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#14
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gone traveling
Join Date: Dec 2015
Location: Berkeley, Denver, CO, USA
Posts: 1,406
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Quote:
Originally Posted by Nemo2
Why not just go there and rent?
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Because you have leave periodically.
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12-10-2017, 08:02 PM
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#15
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Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: May 2008
Posts: 7,422
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Quote:
Originally Posted by davebarnes
Portugal’s Golden Visa requires you to spend just €350K on a 30+ year old house.
Citizenship in 6 years.
Cost of living is 2/3 USA.
Português is more difficult than Español.
Many people speak English, sadly.
I loved my 3 week vacation this Fall.
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Does citizenship include getting into their health care system?
Or if you get Portuguese citizenship, are you going to have to fly back to the US to get health care in the US via Medicare?
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12-10-2017, 08:10 PM
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#16
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Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: May 2011
Posts: 8,368
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Quote:
Originally Posted by davebarnes
Because you have leave periodically.
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I understand......I was first in Portugal in 1963, (long before Schengen, I know), and have been there a few times over the subsequent years........
I didn't bother to watch much of the video...(and perhaps I missed something)...but what little I did watch suggested (to me anyway), that these people were maybe more tuned into the idea of being an expat than the reality.
So....perhaps rent....go to a non-Schengen country....Croatia, Montenegro, Bulgaria...when your 90 days are due...rent there...come back.
Just make SURE you want to live there full time.
__________________
"Exit, pursued by a bear."
The Winter's Tale, William Shakespeare
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12-10-2017, 08:26 PM
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#17
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Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: May 2008
Posts: 7,422
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Tricky thing about short-term rentals is whether you have to open your own utilities accounts and that often requires having a bank account.
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12-10-2017, 08:36 PM
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#18
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Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: May 2011
Posts: 8,368
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Quote:
Originally Posted by explanade
Tricky thing about short-term rentals is whether you have to open your own utilities accounts and that often requires having a bank account.
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I recall talking to a Brit in a smaller centre outside Lisbon, circa 1986/7, (been there a few times since then), who said that a number of Brit expats, who 'bought cheap' there, wanted to return to England, but the English housing market had passed them by and they couldn't afford to go back.
I'd just suggest taking things slowly and not jumping in with both feet, (and a bunch of money), before really knowing what is being undertaken.
__________________
"Exit, pursued by a bear."
The Winter's Tale, William Shakespeare
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12-10-2017, 08:39 PM
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#19
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Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: May 2008
Posts: 7,422
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Not only that Brit expats in places like Spain don't want to go back.
Someone interviewed some of them because they didn't know the ramifications of Brexit.
Cost of living, better weather and there were large expat communities so that was their new home and had been for decades in the case of some.
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12-11-2017, 08:13 AM
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#20
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Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Jul 2006
Location: Pacific latitude 20/49
Posts: 7,677
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We met some Brits in Antequera who had relocated from the coast to get away from empty condos that were overrun by fellow Brits in the summer. We were on the Costa del Sol in October and it was mainly Brits on the beach.
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For the fun of it...Keith
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