Retiring in Portugal 2021: Ultimate Retirement Guide For Expats2020-10-06T09:44:24+00:00

The Ultimate
Expat Retirement Guide

Retiring in Portugal

Ultimate Retirement Guide for Expats 2021

Looking to retire in Portugal in 2021 and beyond? Offering a sun-drenched climate, world class beaches and sumptuous Mediterranean cuisine, it’s not surprise that expats from the UK, USA and the rest of Europe choose Portugal as their retirement destination of choice.

Discover where in Portugal to retire, how to move, where to buy property, what your visa requirements are and the cost of living in some of Portugal’s key cities, or contact us now for a free immigration consultation.

Recommended resources for expats wishing to retire in Portugal2020-04-03T17:03:22+00:00
Can I access free public healthcare in Portugal as a non-EU expat?2020-04-03T16:57:22+00:00

No. Nationals of other EU countries can access public healthcare in Portugal via the SNS with an S1 form. If, however, you’re a non-EU national, you’ll only become eligible to access free healthcare until you become a permanent resident. Up until that point, you will need comprehensive private health insurance to retire in Portugal.


What are my visa options as a foreigner wishing to retire in Portugal?2020-04-03T16:56:11+00:00

Outside of marrying a Portuguese national, the Portuguese Non Habitual Residence Programme (NHR) and the Golden Visa Programme are typically the preferred option for non-EU expats wishing to retire in Portugal.

Portugal Retirement Visas: What are your options 

As of the beginning of 2021, foreign retirees seeking settlement in Portugal have various options for obtaining a residency visa and eventual permanent residence leading to Portuguese citizenship. In addition, the country’s Non Habitual Residency Program NHR offers an exceptional 10-year tax incentive to further sweeten the deal.

The Portugal Golden Visa vs the D7 Passive Income Visa For Pensioners and Financially Independent Individuals.

While the Portuguese Golden Visa has long been a firm favourite among those seeking to retire in Portugal, the relatively unknown  D7 Visa Program – essentially a passive income visa for individuals and retirees with stable, non-salaried income – has seen a significant spike in demand as well.

Whereas the Golden Visa Program requires an investment of around €280,000, €350,000 or €500,000, depending on the investment type, the D7 Visa does not require applicants to invest in a home in Portugal – unless, of course, they want to, in which case no minimum property value is prescribed.

In order to be eligible for the D7 Visa, single applicants must be able to demonstrate a minimum passive income of no less than €635 per month (€7,620 per year). For married couples, the minimum required is €1,271 per month (€15,252 per annum). Passive income typically includes rental income from movable and immovable assets, pension payouts, dividend payouts (provided that you’re not involved in the business’ management) and royalty payouts.

Given that this program’s approval is subject to a large swathe of government discretion, these amounts should be treated as minimums – additional proof of savings or additional income may be required.

For those disinclined to invest in property under the D7 Visa Program, proof of accommodation can be provided in the form of a long term rental agreement, and there is similarly no minimum value requirement in terms of the rent payable; as long as the property is deemed suitable for the number of people to inhabit it.



Situated in the scenic Setubal district of the Alentejo region, only 1 hour outside of Lisbon, the Cork Tree Residences development comprises 40 freestanding luxury villas, situated in 10 clusters around a central luxury services facility.

This exclusive retirement village will set the benchmark for luxury European retirement villages, with construction expected to commence in March 2020.

The retirement village is expected to be fully operational by April 2023.

View our featured Cork Tree Residences Comporta page to find out more about this  luxury retirement village in Portugal.

PRICE: €480,000

UNITS LEFT: 32 of 40


Situated in the quiet village of Nafarros, Sintra, with stunning views of the majestic Sintra mountains, the Eden Sintra villa development comprises 15 luxury, 4-bedroom villas priced from €525,000 per villa.

The luxury villa development is situated only 30 minutes from Lisbon, and 40 minutes from the Lisbon airport. For Golden Visa investors seeking to acquire a luxury villa in one of Portugal’s most scenic and best situated areas, Eden Sintra should be an excellent choice.

Marketing materials for this development project will soon be available, however, please feel free to contact us to express your interest now.

PRICE: From €525,000

UNITS LEFT: 13 of 15

Why choose Portugal as a retirement destination?

Are you looking for a more affordable, better quality life and an easier pace of life in your retirement? If quaint eateries, castles, cathedrals and museums appeal to you, Portugal could be an excellent choice. Compared to the cost of living in the USA, for example, living in Portugal is substantially more affordable. Whether you’re looking at property prices, healthcare, day to day living expenses or public transport costs, Portugal scores consistently high.

But the one thing expats truly enjoy about living in Portugal is the warmth of the local communities – Portugal is an incredibly multicultural country, with a strong expat community and a level of community integration that is unrivalled in most other countries in the world.

While Portugal’s key cities offer a smorgasboard of cultural options and scope for activities, many retirees prefer to settle in smaller, less urbanized centres. The Algarve and Alentejo regions have long been popular expat retirement destinations, as has Porto and many towns in northern Portugal.

Expat friendly towns and cities in Portugal

In terms of expat friendly and affordable cities, Portugal has a lot to offer. Lisbon and Porto are perennial favourites with expats, however areas such a Estoril, Cascais and Comporta have a lot to offer. Aveiro, Coimbra, the Algarve, Lagos, Sagres, Portimao, Faro, Olhao and Tavira are also excellent choices for expats seeking a quieter, off the beaten track existence.


What is the cost of living like in Portugal vs. South Africa?

By European standards, everything from accommodation to drinking and dining out is surprisingly affordable. Compared with the cost of living in South Africa, Portugal can be up to 39% more expensive.

Yet if you’re used to shopping at Woolworths as a South African, you won’t notice a material difference when shopping for groceries in Portugal. Depending on where you opt to eat out, the cost of restaurant meals can be very comparable to restaurants in Cape Town.

Eating out in the touristy centers tends to be a bit over priced, and you’re likely to find far superior cuisine a few blocks off the main tourist strips. Drinks in premium establishments can be pricey, but if you drink and eat where the locals do, you’ll be pleasantly surprised at how affordable Portugal can be.

Why choose us

Golden Visas an our expert consultants can help you find a suitable property and the best Portuguese Golden Visa option for you and your family. Simply complete the below form now and one of our Golden Visa team will contact you to schedule a free consultation.

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