If you’re an US citizen and are looking for a life change this year, this article might be just what you’re looking for. There are places in the world where the cost of living is considerably cheaper than the U.S that will allow you to have a more affordable and better quality of life.
According to International Living’s Annual Global Retirement Index, Portugal is the number one country to live abroad. International Living uses numbers and statistics and helps people choose the best country for them, depending on their budget and their priorities. Statistics such as housing prices, visa options, cost of living, healthcare, climate, safety, and country development and governance were considered by this Index.
“Despite its compact size, the country offers something for everyone.” – Terry Coles, International Living’s Portugal correspondent.
Portugal - The cheapest country to live
Portugal is a country that has a lot to offer to everyone. Lisbon, the capital, or Porto is one of the most beautiful cities in the country and have a fast-paced life with a lot of culture, history, traditional dishes and a wide range of accessibility. Close to the coast, The Algarve stands out with stunning landscapes, beautiful sandy beaches, and crystal blue water, where Lagos remains one of the top spots chosen by foreigners to spend their lives. For a calm and quiet lifestyle, embrace the inland options Portugal has to offer with rural villages, historic monuments, and peaceful farmlands.
Portuguese people welcome foreigners with open arms and are some of the kindest in the world. A lot of locals in Portugal speak English, mostly the younger generations, which will allow you to communicate with everyone around you with no issues and make a lot of friendships. Portugal offers good visa options that make staying there long-term relatively easy and the day-to-day cost of living is low compared to the States, which makes Portugal the perfect place for an American citizen in 2023.