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Why Portugal?

... and the Oscar goes to  Portugal!

The whole world is looking at the country in southwest Europe. Do you know why? Well, it won the UEFA EURO 2016, the Eurovision Song Contest 2017, was named Europe’s best destination at the World Travel Awards just a few months ago, as well as Algarve voted Europe’s Best Golf Destination for the second year running. The label ‘made in Portugal’ has become trendy. Not only for the 300 days of sun and beautiful beaches, but also for the high quality of life, great food and attractive tax regime.

Real estate is growing in popularity

Many holidaymakers find the Algarve so beautiful that they would also like to have their own home here. Some are acquiring a second home abroad for investment (check all benefits of renting your house here), others are just moving their life to live it in the 3rd safest country in Europe.

Best destination in Europe for pensioners

According to the "International Living" magazine Portugal is the best way to enjoy retirement in Europe. Various criteria were compared for this study: safety standard, cost of living, house prices and health care. But general factors such as climate, social security, and good entertainment were also considered in the study.

What also makes Portugal a very attractive destination is the tax regime for non-habitual residents applicable to retirees or pensioners. They will benefit from a tax exemption during a 10 year period, as well as no taxation for pension income obtained abroad. (See requirements to become eligible for Non-Habitual Residents status).

Find your dream home while enjoying all the benefits Portugal has to offer. Don’t waste another minute and contact us now at Casas do Barlavento.