Moving to Portugal Living on 60% less than in the U S

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Күн бұрын

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Ever wondered if your money could go further in Portugal than in the U.S.? Christine Taylor moved to Portugal three years ago and her living costs are 60% less than they were in the United States.
Also in the invterview Christine and I discuss the process of purchasing a home, moving with pets, shipping household goods and everyday life in Portugal.
Video Topics
00:15 Moving to Portugal
03:19 Purchasing a House
30:18 Bring Pets to Portugal
16:06 Shipping Household Goods
21:44 Life in Portugal
Helpful Links:
Portugalia Sales - www.portugalia....
UPakWeShip - upakweship.com/
Americans & FriendsPT - / 505958149761247
USDA - www.aphis.usda...
Quinta Carvelhas - the farm/retreat center where Christine boards her horse and where the filming of this video took place - quintacarvalha...
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Пікірлер: 31

@keylime2998 2 ай бұрын

The detailed pet process was fantastic! I have fur babies who will be coming with me. Thank you for sharing!

@LivingLindaAbroad-cd4dg 2 ай бұрын

@keylime2998 I’m so glad you found the information helpful! Just be sure to check to make sure there aren't any new requirements. Good luck with your move!

@casimirapaulo6524 3 ай бұрын

Yeah, right I’m Portuguese. I live USA , i’m moving back in April because I’m been paying 1500 a month for health insurance It’s, OK with my retirement. I can’t leave here

@LivingLindaAbroad-cd4dg 3 ай бұрын

@casimirapaulo6524, I agree health insurance in the United States is very expensive. It was one of the factors why I moved to Portugal. I was able to cut my health insurance premium to about 1/3 of what I was paying in the U.S. for a better insurance plan.

@jackbaldwin3649 2 ай бұрын

Is the cost under the Affordable Care Act?

@Stopit77 3 ай бұрын

Where does this woman live in Portugal? I was unable to hear the town.

@LivingLindaAbroad-cd4dg 2 ай бұрын

@Stopit77, she lives in Santarém

@UbuTube 5 ай бұрын

There is no real estate aggregator, that is true, but you'll be hard pressed to find a property that is not advertised in Idealista - so, in practice, there is no need for an aggregator website. And why would you need an agent to find a property? Just visit any properties you want, and then get legal help with the buying process if you don't feel at ease doing it all by yourself.

@LivingLindaAbroad-cd4dg 5 ай бұрын

Thank you for your comment. Buying a property can be a time consuming process, an aggregator website can provide prospective buyers with detailed information on each property for sale, including features, size of lot/house, and listing price to make sure it ticks some of your boxes without visiting in person thus saving time.

@izzytoons 2 ай бұрын

@@LivingLindaAbroad-cd4dg Isn't there an issue with the brokers listing properties multiple times at different prices, or am I thinking of a different country. I have examined so many.

@robertb6009 2 ай бұрын

People new to Portugal May need a realtor to understand the pros and cons of various neighborhoods and negotiate a fair price.

@JamesWilliamson-w8y 2 ай бұрын

Can You.? What visa can you get ?. Even the Golden visa requires a $250,000 investment. Can you meet that ?.

@LivingLindaAbroad-cd4dg 2 ай бұрын

@JamesWilliamson-w8y, there are several long-stay visa options to come to Portugal besides the Golden Visa. D7 Visa (Passive Income Visa): Suitable for retirees or individuals with stable passive income from sources like pensions, real estate, or investments. Applicants must demonstrate a minimum passive income, which varies based on family size, and secure accommodation in Portugal. D2 Visa (Entrepreneur Visa): Aimed at entrepreneurs and independent professionals intending to establish a business or practice in Portugal. Applicants need to present a viable business plan, proof of financial means, and demonstrate the potential economic, technological, or cultural impact of their business. Digital Nomad Visa: Introduced in October 2022, this visa caters to remote workers employed by companies outside Portugal. Applicants must show proof of employment, a minimum income threshold, and health insurance.

@ciprianoneves7246 3 ай бұрын

Yeah I am Portuguese and pay nothing for Health Insurance…worked liked 40 years in the USA…. Would love to return to Portugal for like 6 months out of the year, but doctor appts….etc are really drawing me back. Six months in POrtugal and six months in the States….no tax complications… See you soon Portugal.

@LivingLindaAbroad-cd4dg 3 ай бұрын

@ciprianoneves7246, I'm glad you were able to find a way to be part of the year in your birth country of Portugal. I would love to be able to split my time between the U.S. and Portugal some day.

@izzytoons 2 ай бұрын

After a year of massive research (including travel) on about a dozen countries, we have opted for the slow travel route. But we do not want to move any more frequently than we have to. For one thing, we have dogs. So, 90 days in a Schengen country, 90 days out, 90 days back, etc. We'll be seeing a lot of Ireland, the UK, Portugal, Spain, and France. With some shorter "touriest" trips to other countries. Hopefully that teaches of us if one of them is suitable for long-term residency.

@aufteist 4 ай бұрын

Living on 60% less = Increasing 60% the cost of living for the portuguese.

@zepedro6666 4 ай бұрын

Reaaallly!!!??! 60% of inflation uauuu!

@aufteist 4 ай бұрын

@@zepedro6666 compared to 2015 the house market went up 74,3%.

@LivingLindaAbroad-cd4dg 3 ай бұрын

@aufteist, thank you for sharing your thoughts. It's definitely a challenging situation for many, and it's important to find ways to adapt and navigate these economic changes.

@aufteist 3 ай бұрын

@@LivingLindaAbroad-cd4dg that kind of US bullshit doesn't work here... if you think "it's important to find ways to adapt and navigate these economic changes" why did you came to Portugal? Can't you find ways to adapt to the US?

@izzytoons 2 ай бұрын

@@aufteist Well, dropping the old tax regime that attracted immigrants will certainly slow down immigration. Channels like these should put a broad description of the tax situation front and center. It is a critical issue to grappling what your cost of living will be. If you're going to paying 47% for your income over $70K, that may be a deal-breaker. But you need to know the tax rates when comparing what your income would be there. Yes, there may be some applicable deductions, and you will need a tax expert, and channels like this cannot tackle that, but they can give you a general idea of whether a country has high, moderate, or low taxes for most people who will maybe have no or just a few deductions. Also, is passive income taxed in that country? At what rate? Is 401k income taxed? At what rate? If you sell a property in the U.S., will you pay capital gains tax in your country of residence abroad? At what rate? Does the country have a tax treaty with the U.S. These are basic, fundamental issues that people considering moving ANYWHERE must know UP FRONT. They could be an immediate dealbreaker, in which case the rest of the information is irrelevant. I really wish channels would start with the taxes, then the cost of living. Are the taxes high? Does the cost of living offset the high taxes entirely, or at least enough to justify embracing all the other benefits? (natural beauty, metropolitan attractiveness, social life, food, friendliness, etc.)