Can American retirees move to Portugal?
Can American retirees move to Portugal? In order to retire in Portugal, you must apply for residency. The process may take some time but it is straightforward. The application requires you to provide a passport, proof that you have a regular income and proof that you have health insurance. You will also have to submit to a criminal background check.
What are the cons of retiring in Portugal?
Some cons of retiring in Portugal include the slow pace of life, which doesn't suit everyone, bureaucracy and long waiting times, the need to carry cash, no central heating, and relatively low salaries compared to other European countries.
Is it better to retire in Spain or Portugal?
Portugal is the best European country for retirement based on cost of living, healthcare and more. Moving to Spain found that the No. 1 best country in Europe to retire is Portugal.