Moving to Portugal is relatively straightforward for US citizens. There are a number of different ways for Americans to get a Portuguese visa, through work, marriage, or the Golden Visa investment program.
How much money do you need a month to live comfortably in Portugal?
Depending on your lifestyle, a couple should be able to get by with between $2,500 (€2,332) to $3,000 (€2,798) a month in Portugal outside the major cities. In major cities, particularly in the city center, expect to need a little more.
What month is best to move to Portugal?
Is it worth to move to Portugal from USA?
The cost of living in Portugal is around 40% lower than in the United States. Many expats can thus enjoy a comfortable living in Portugal at reasonable prices they would not encounter back home. For example, a single expat in Portugal will need around €1300 a month in Portugal on average.
How much is house rent in Portugal per month?
On average, housing in Portugal costs around 1,100 EUR (1,200 USD) in rent per month. This number grew considerably from the 800 EUR (880 USD) registered just a year before. Rent prices will vary greatly depending on the part of the country in which you choose to live and the type of housing you seek.
Does Portugal tax US Social Security benefits?
Social Security Benefits are taxed at the same rate as your salary but not higher than 52%. This amount is determined by multiplying a percentage of the total Social Security tax paid by your income bracket. The Portuguese government also provides a rebate program to return money to the expat.