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AIMA Portugal > Blog > Immigration > What are the Benefits of Living in Portugal for Young Professionals?
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What are the Benefits of Living in Portugal for Young Professionals?

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Last updated: 2024/04/26 at 5:39 AM
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Living in Portugal for Young Professionals
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What are the benefits of living in Portugal for young professionals? This is an interesting question and triggers all of those who are planning to start their professional career in Portugal. Are you one of those? Are you making up your mind to shift your living to Portugal? Wait, first you need to know what are the benefits of living in Portugal for young professionals. 

Contents
What are the Benefits of Living and Working in Portugal for Young Professionals?ClimateLocationPolitical StabilityHealthcare System in PortugalCost of Living in PortugalSafetyNon-Habitual Resident (NHR) Regime of PortugalQuality of LifeReal Estate Market in PortugalInfrastructure of TransportJobs in PortugalCards Payment AcceptanceHome BuildingFAQs about What are the Benefits of Living in Portugal for Young Professionals Q1. What are the advantages of living in Portugal?Q2. How is the healthcare system in Portugal?Q3. What is the tax situation like in Portugal?

Portugal has gained much popularity all over the world in the past few years. Particularly, youngsters are seeking opportunities to get a profitable profession to enjoy a comfortable livelihood. 

If you have the same dream, then first you deserve a warm congrats for reaching the right platform for guidance about what are the benefits of living and working in Portugal for youngsters. 

What are the Benefits of Living in Portugal for Young Professionals?

What are the Benefits of Living and Working in Portugal for Young Professionals?

When it comes the question what are the benefits of living in Portugal for young professionals, for your pleasure, the answer is there are a lot. These advantages of living in Portugal make it one of the best countries for immigrants, and they call it their second home. 

Climate

Portugal is a place of comfort for everyone due to its mildly warm atmosphere. If you are a lover and admirer of nature, then you must choose to live in Portugal. Once you are there, you will not be able to resist the attraction and beauty of its golden sun rays and the air full of intoxicating warmth. For sure, the destination in Portugal would be perfect for your taste. If you have a never-ending love for nature and can’t resist the charm and attraction of abundant sunlight and warm weather, then Portugal is the perfect destination for you. 

What are the Benefits of Living in Portugal for Young Professionals?

You will get exposure to bright sunlight for more than three hundred days if you are living in Portugal. This is a surprising miracle to have this climatic leverage of nature in a country of Europe, it makes this land not less than a paradise. 

Lisbon is the most ideal city in Portugal when it comes to atmosphere and there you will get the exposure to sunshine for almost ten hours during the time of winter. 

When you move to the Northern states of  Europe, you can encounter a stark opposite atmosphere of the brighter days. 

When you compare Portugal with other European countries, its size is relatively small in size and you will be surprised to know that despite this, it experiences some changes in climate.

The average temperature in the north of mainland of Portugal is between 10 and 12 degrees Celsius, whereas the average temperature in the south is slightly warmer at 16 to 18 degrees Celsius. Conversely, the islands of Madeira and the Azores are usually wetter and hotter due to their distinct locations.

What are the Benefits of Living in Portugal for Young Professionals?

There is no doubt that Portugal is a haven for visitors from other countries who are looking for a place with plenty of sunshine, warmth, and a temperate environment. Once you continue southward on your journey like Algarve, the temperature will become even more comfortable and welcoming.

Location

Portugal is located on the west coast of Europe which makes it an easy entrance to the other countries of Europe and the world. 

Are you feeling distracted now, then let’s again recall our question, what are the benefits of living in Portugal for young professionals? So, the answer is the location of Portugal itself is a major benefit. If you do a job in Portugal and have to travel frequently to meet your family or friends in other countries of Europe, then you can certainly enjoy the benefit of the location of Portugal. 

Portugal is well connected with other countries by air, sea, and land, with advanced infrastructure of transportation that makes it easy for you to travel to other parts of Portugal or to neighboring countries.


Political Stability

Portugal has a stable system of politics and holds a firm commitment to the rules of democracy. This country has maintained its political stability for the whole duration of a long history, and it is known as one of the most peaceful countries in the world. 

This is the reason that many young professionals prefer to live in Portugal to proceed with their professional lives in a smooth and convenient way. 


Healthcare System in Portugal

If you get the citizenship of Portugal, you can access public healthcare for free or at a very low cost. Comprehensive healthcare services, including as hospital, specialty, and general care, are offered by the system.

What are the Benefits of Living in Portugal for Young Professionals?
What are the Benefits of Living in Portugal for Young Professionals?

Portugal is known for its high-quality healthcare, which is provided by skilled medical professionals and state-of-the-art facilities. 

Cost of Living in Portugal

When it comes to the question, what are the benefits of living in Portugal for young professionals? The cost of living is at the top of the list in the answer. Portugal is a relatively affordable country as compared to other Western European countries. The expenses of living are often lower than in nearby France or Spain, and even if you have a small budget, you may lead a comfortable life.

Portugal is, therefore, a desirable location for young professionals and foreigners seeking a good standard of living at an affordable price.

Here is a table that explains the average cost of living in Portugal.

Sr # Expenditure Average Cost
1 Two servings of a luxurious dinner 30 Euros
2 Cappuccino 1.30-2 Euros
3 Loaf of bread 1.09 Euros
4 A dozen eggs  2.19 Euros
5 1 kg of local cheese 7.12 Euros
6 1 litre of milk 0.69 Euros
7 1 kg of apples 1.52 Euros
8 Unlimited internet bill 35 Euros
9 Electricity bill 50 Euros
10 Water bill 20 Euros
11 1 litre of petrol 1.52 Euros
12 One-month fitness club membership 35 Euros

What are the benefits of living in Portugal for young professionals?

The current figures of Numbeo state that the cost of living in Portugal is, on average, 36.6% less than in the US. 

This implies that living comfortably in Portugal can be had for a lot less money than it would be in the US.

Housing is a significant factor in this decreased cost of living. Portugal offers rent that is, on average, a startling 51.3% less than the US.

Now let’s see the cost of accommodation in Portugal and compare it with another country of Europe.

Sr no. Accommodation Accommodation Cost in Portugal Accommodation Costs in Spain
  1 Hostels 10-25 Euros per night 10€-30€ per night
  2 Guesthouses 25-40 Euros per night 30€-60€ per night
  3 Room  250€-550€ per month 60€-120€ per night
  4       Hotels  40€-80€ per night €250-€550 per month
  5 Apartment 600€-900€ per month 700€-1000€ per month

Safety

Portugal, which has low crime rates and a minimal danger of terrorism, is regarded as one of the safest nations in the world and was ranked seventh in the Global Peace Index in 2023.

Families with little children find the nation appealing because of its robust police force and low rate of violent crime. 

Non-Habitual Resident (NHR) Regime of Portugal

Non-Habitual Resident (NHR) of the tax system of Portugal is intended to draw retirees and affluent foreigners to the nation.

For a maximum of ten years, the regime offers substantial tax incentives to qualified residents, such as a flat tax rate of twenty percent on specific categories of income. 

Quality of Life

Quality of life is among the main points of what are the benefits of living in Portugal for young professional. You will get a high standard of living in Portugal and this factor makes this country much popular in all over the world. 

It provides its residents with an easy and luxurious lifestyle and a calm, easygoing culture that promotes happiness and good health.

There are a number of historic areas and year-round cultural events, and due to all this wealth, this nation boasts the legacy of a rich culture. 

You must use fresh, locally sourced products, and the food and wine are equally well-regarded. 

Real Estate Market in Portugal

Portugal boasts a robust real estate market with a large selection of properties at affordable prices.

Due to the favorable tax laws of the country for non-residents and very inexpensive prices of property, foreign purchasers find the market to be especially appealing. 

Infrastructure of Transport

While Portugal has made significant improvements to its transportation infrastructure in recent years, it still lags behind other European countries in some areas. 

Public transportation can be unreliable, especially outside of major cities, which make people opt to own a car, which can expensive due to taxes and insurance. 

However, the small size of Portugal means that travel times are relatively short, so even with transportation challenges, getting around the country is still manageable.

What are the Benefits of Living in Portugal for Young Professionals?

Jobs in Portugal

Portugal has had prolonged periods of high unemployment, which can make it challenging to obtain employment.

The labor market poses a particular difficulty for foreign nationals who lack fluency in Portuguese. For individuals with in-demand talents, like those in the tech sector, there are opportunities.

It’s also important to remember that living expenditures are cheaper in Portugal than they are in many other European nations, so you might be able to get by with a lesser salary.

The Portuguese government also introduced the Job Seeker Visa in June 2022, which permits people to enter and stay in Portugal while seeking for work in their field of competence in case they would like to relocate there while hunting for a job.

Cards Payment Acceptance

Portugal is still a country where many companies, particularly smaller ones, only take cash payments. If you are accustomed to using cards for every transaction, this may be inconvenient.

Furthermore, it might be annoying for customers with foreign cards because certain establishments exclusively take Portuguese debit or credit cards.

Home Building

Portugal has a large number of buildings that were constructed decades ago, and as a result, their insulation, heating, and cooling systems do not meet current requirements.

During the sweltering summers or the harsh winters, this may be difficult.

Furthermore, compared to contemporary construction, certain older structures could need more upkeep and repairs.

If you have a plan to construct your own house in Portugal, then it is an obvious must to conduct thorough research and inspections of any home you are thinking about buying or renting. 

What are the Benefits of Living in Portugal for Young Professionals?

FAQs about What are the Benefits of Living in Portugal for Young Professionals 

Q1. What are the advantages of living in Portugal?

You will get a cheerful climate in Portugal, glamorous landscapes, an affordable and comfortable lifestyle, the safety of living, and a rich cultural heritage. Moreover, Portugal offers a good quality of healthcare at a very reasonable cost. 

Q2. How is the healthcare system in Portugal?

Portugal has exceptionally good public and private healthcare systems. Wait times may differ, but the public healthcare system is accessible and reasonably priced. Private healthcare is more expensive yet offers speedier services. 

Q3. What is the tax situation like in Portugal?

In Portugal, you will get attractive benefits in tax, which include the Non-Habitual Resident (NHR) program. This program can provide exemptions from tax or reduced rates for those individuals who qualify certain criterias of merit.

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admin April 26, 2024 April 23, 2024
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