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Are you considering Portugal as your next destination for expatriation or nomadic living? In this video, I delve into whether Portugal remains a top choice for expats and nomads in 2024 amidst recent changes to the Non-Habitual Resident (NHR) scheme and Golden Visa program.
As Portugal has grown in popularity over recent years, there has been increased pressure to reduce the tax breaks offered to foreigners and take measures to deal with increased housing and living costs in big cities such as Lisbon. These changes have come with a revision of the eligible investment for a Portuguese Golden Visa and a reform of the Non-Habitual Resident (NHR) scheme that many new Portuguese residents have benefitted from.
Whether you're drawn to Portugal's rich culture, stunning landscapes, or favorable tax incentives, I break down the crucial updates that every expat and nomad should know.
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Chapters:
0:00 - Intro
0:19 - Portugal's recent popularity
0:54 - 2023 developments
3:08 - Should you still move to Portugal in 2024?
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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!!!
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#Portugal #Expats #Nomads #NHR #GoldenVisa #Immigration #TaxIncentives #ExpatLife #NomadicLiving #Travel #2024Updates
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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.