Cost of Living in Portugal - Expat Talk | Collab with Good Morning Portugal

🌟 Tune In to 'Good Morning Portugal with Carl Munson' and join the Expat talk with Ana Caramujo! ☀️🇵🇹
It’s always a pleasure to sit with Carl Munson in our Expat talk and enjoy an engaging discussion covering essential topics that every expat should know! ✨
💰 Delve into the intricacies of the cost of living in Portugal, from housing expenses to amenities and transportation. Gain valuable insights to help you budget effectively and make informed decisions about your life abroad.
🏞️ Explore lesser-known locations that offer hidden treasures and can be excellent options for expats seeking a change of scenery. From quaint villages to coastal retreats, Portugal has something for everyone!
Ready to discover insider tips and secrets for a fulfilling life in Portugal? Join the discussion below:
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As a leading real estate agency in Portugal, Savvy Cat Realty has helped numerous expats transition smoothly from property purchase to renovation. We simplify the complex, ensuring you can turn your Portuguese home dreams into reality without the unnecessary headaches.
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*DISCLAIMER*
Due to the current (and unstable) state of the Portuguese real estate market, Savvy Cat Realty does not guarantee that all information or advice shared in this video is up to date. For any further questions concerning our content or products, please book an Advisory Call with a qualified Savvy Cat Expert or contact us at [e-mail]
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[@GoodMorningPortugal]

Igualmente amiga!

[@drdanakendall]

My husband and I moved to Porto from the Seattle area in 2022. In 2023, our private health insurance was raised 12% and this year was raised 20%. At this rate of year-over-year increase, in just a few years, Portuguese private insurance will surpass the US in terms of cost. Medicare Part B increases about 2-5% year-over-year and same with Obamacare. Currently, Portuguese private insurance is still very affordable; but given the trajectory, it will not be for long. Our broker has no answers, except that all companies are raising rates to unprecedented highs for vague reasons. Michael from Serenity told us that this may be the new normal moving forward due to systemic changes that are desperately needed but not being addressed in the medical system here in Portugal. Our experience with the medical care here in Portugal is superior to the US, but I want to paint a realistic picture for people considering coming here. (We prefer not to solely use the public system because it’s already overburdened; and as relatively privileged immigrants, we want local people's needs to be prioritized.)

[@SavvyCatRealty]

Hi! Thank you for sharing your experience. We appreciate your realistic perspective on the rising costs of private health insurance in Portugal. Indeed, we absolutely agree that the reasons for increasing the rates seem to be rather vague. More and more people are resorting to private healthcare in Portugal due to public's system 'catastrophic' state and long waiting lists that can take YEARS. Its seems that's the main justification for insurances to raise their rates. Thank you once again for sharing!