#Portugal #GoldenVisa #Immigration #USA: "For many Americans, a love affair with Portugal blossomed over the last three years: The Iberian nation offered cheap real estate, miles of beautiful coastline and a reprieve from divisive US politics at a time when remote work was flourishing. Now, reality has settled in — and the honeymoon is over.
From language barriers and bureaucratic challenges to housing costs that have been driven higher by foreign investment, some expats say that life in Portugal hasn’t met their expectations.
The country is losing its appeal for potential newcomers, too, after pulling its golden visa program in February. Several expat services, consultants and blogg... show more#
Portugal #
GoldenVisa #
Immigration #
USA: "For many Americans, a love affair with Portugal blossomed over the last three years: The Iberian nation offered cheap real estate, miles of beautiful coastline and a reprieve from divisive US politics at a time when remote work was flourishing. Now, reality has settled in — and the honeymoon is over.
From language barriers and bureaucratic challenges to housing costs that have been driven higher by foreign investment, some expats say that life in Portugal hasn’t met their expectations.
The country is losing its appeal for potential newcomers, too, after pulling its golden visa program in February. Several expat services, consultants and bloggers say there’s been a decrease in the number of foreigners looking to relocate to Portugal. Get Golden Visa, an international residency program, recorded a 37% drop in the number of inquiries from Americans for its Portugal programs in the first quarter, and a 18% drop for all expats, compared with the same period last year.
“People who enquired last winter about moving to Portugal have for the most part not followed through,” said David McNeill, founder of consulting company Expat Empire."
https://www.bloomberg.com/news/articles/2023-06-08/getting-a-visa-for-portugal-americans-who-made-pandemic-move-are-leaving
