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Average yearly wage: €19.669
Average retirement age: 66
Average weekly working hours: 40
Currency: Euro
Managing your finances in Portugal
Moving to Portugal can be an exciting and enriching experience for expats, with its beautiful landscapes, rich culture, and vibrant lifestyle. However, navigating the financial landscape in a new country can present its challenges.
At GPI Europe in Portugal, we are here to assist you in managing your finances and making the most of your time in this wonderful country. Whether you’re considering becoming a Portuguese resident, starting a business, or planning your retirement, having a solid financial plan is crucial.
Our team of experienced financial advisors can provide you with comprehensive advice on pensions, inheritance, and wealth management tailored to the Portuguese market. We understand the intricacies of the local financial system and can guide you through the process to ensure your financial well-being.
With our personalised approach, we work closely with our clients to understand their unique financial goals and aspirations.
Make informed decisions about your finances and avoid common pitfalls by relying on our expertise and experience. Experience a worry-free financial journey in Portugal with GPI Europe by your side.
Thank you for your request!
We will get in touch with you shortly at pochta@mail.comto arrange a convenient time for our face to face online meeting
Face to face financial advice online
Feel free to arrange a free online consultation with our financial adviser, in the comfort of your own home or place of work.
Interesting facts about Portugal
- Age of discoveries: Portuguese explorers, such as Vasco da Gama and Ferdinand Magellan, played a crucial role in expanding global trade routes and exploring new territories.
- Port wine: Portugal is famous for its production of port wine, a fortified wine that originated in the Douro Valley.
- Fado music: fado is a traditional Portuguese music genre that is deeply rooted in the country’s culture.
- Azulejos: Portugal is known for its beautiful ceramic tiles called azulejos.
- Sunny coastline: Portugal boasts a stunning coastline along the Atlantic Ocean, offering picturesque beaches and breathtaking cliffs.
- Pastel de nata: Portugal is the birthplace of the delectable pastel de nata, a custard tart with a crispy, flaky crust.
Top benefits of living in Portugal for expats
1
Affordable cost of living
Enjoy a comfortable lifestyle without breaking the bank.
2
Beautiful climate and scenic beauty
Bask in a mild Mediterranean climate and breathtaking landscapes.
3
High quality of life
Experience excellent healthcare, safety, stability, and a strong sense of community.
4
Rich culture and history
Immerse yourself in a culturally vibrant country with historical landmarks and delicious cuisine.
5
Friendly and welcoming atmosphere
Feel embraced by the warmth and friendliness of the Portuguese people.
Portugal cities to move in
Lisbon
Lisbon offers a vibrant cultural scene, a great expat community, and a blend of historic charm with modern amenities. A meal typically costs between 10 and 15 euros per person, with a glass of house wine priced at 2 to 3 euros and an espresso ranging from 0.80 to 1 euro. The population is about 547 thousand.
Porto
Porto is known for its rich history, picturesque streets, and excellent port wine. The city has a thriving expat community and offers a high quality of life. A meal generally costs between 8 and 12 euros per person, with a glass of house wine priced at 1.50 to 2.50 euros and an espresso ranging from 0.65 to 1 euro. The population is around 214 thousand.
Faro
Located in the sunny Algarve region, Faro offers beautiful beaches, a laid-back lifestyle, and a large expat community. It serves as a gateway to explore the stunning southern coast of Portugal. A meal generally ranges from 8 to 12 euros per person, with a glass of house wine costing 1.50 to 2.50 euros and an espresso priced between 0.60 and 0.80 euros. The population is estimated at 65 thousand.
Cascais
Cascais is a charming coastal town near Lisbon, known for its stunning beaches, golf courses, and lively atmosphere. It offers a high standard of living and a cosmopolitan expat community. A meal typically costs between 10 and 15 euros per person, with a glass of house wine priced at 2 to 3 euros and an espresso ranging from 0.80 to 1 euro. The population, including the surrounding area, is about 206 thousand.
Braga
Braga is a historic city known for its rich religious heritage and youthful energy due to its large student population. It offers a good quality of life, affordable living costs, and a strong sense of community. A meal typically ranges from 8 to 12 euros per person, with a glass of house wine costing 1.50 to 2.50 euros and an espresso priced between 0.60 and 0.80 euros. The population is roughly 197 thousand.
Coimbra
Coimbra is home to one of Europe’s oldest universities, giving the city a lively and intellectual atmosphere. It offers a rich cultural scene, a lower cost of living, and a welcoming community for expats. A meal generally costs between 7 and 10 euros per person, with a glass of house wine priced at 1.50 to 2.50 euros and an espresso ranging from 0.60 to 0.80 euros. The population is about 145 thousand.
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Our guide to taxes in Portugal is waiting for you at pochta@mail.com
Guide to taxes in Portugal
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