In the last decade, Portugal has been on the radar of every digital nomad. Lisbon’s burgeoning IT industry, the Algarve’s stunning beaches, and Porto’s hedonistic lifestyle all entice ex-pats and investors. Furthermore, the welcoming natives and regional cuisine, along with a laid-back lifestyle, turn Portugal into a haven for digital nomads.
The Portuguese government put money on a reliable, high-speed internet network. The Golden Visa program also encourages foreign investment in firms and start-ups.
How Much Does it Cost to Live in Portugal?
Portugal’s affordability astounds ex-pats and digital nomads. It shines out even when compared to inexpensive European countries like Spain.
Of course, how much you spend is determined by your location and occupation. A couple may live comfortably in the center of Lisbon for between €2,000 and €2,500 per month. If you’re searching for something a little more budget-friendly, the Silver Coast or Porto are both excellent options, with monthly rents starting at just €1,500.
Estimated Costs of Being a Digital Nomad in Portugal:
- A mid-range restaurant meal for two costs €25.
- Renting an apartment in Lisbon or Porto costs between €650 and €850 per month.
- A drink costs €2 in Porto.
- €100 for basic utilities and internet.
What is the Best Way to Find a Place to Stay in Portugal?
In recent years, the Portuguese real estate market has seen a lot of investment. There are a lot of beautiful new Airbnb flats, especially in Porto and Lisbon, which are perfect for digital nomads. In coastal places, hotels and hostels are just two steps away from the beach.
The further inland you go, the more difficult it is to find decent lodging. Those picturesque stone settlements in the Sierras don’t have much to offer in terms of entertainment. This means you may need to perform a personal search in order to locate a nomadic pad. If you book ahead of time, you might be able to find some motels close to or around such regions.
As previously said, Portugal has recently invested much in infrastructure and real estate developments in order to attract ex-pats and digital nomads. The city of Lisbon, in particular, is dotted with sleek and elegant apartments in the heart of the city. This is exactly what the digital nomad is looking for.
This may appear to be an Airbnb ripoff, but it is not. This is a portal created by nomadic nomads for nomadic nomads, with listings you won’t find anywhere else. The variety of residences available here is remarkable, ranging from beachfront apartments to studios in the heart of the city.
This website is fantastic because it is designed exclusively for digital nomads. This means they’re all taking extra precautions to ensure they have fast internet, safe neighborhoods, and incredibly comfortable beds.
Visas and Documentation for Digital Nomads
You may need a visa to enter Portugal, depending on your nationality. You may also require a residency permit if you plan to stay for an extended period of time, depending on where you’re coming from.
In Portugal, there is currently no such thing as a Digital Nomad Visa. This could be a regular residency (e.g. D7) or a special sort of residence for entrepreneurs that involves starting a business in Portugal.
You should always have a clean criminal record, regardless of where you’re from because the Portuguese government will conduct a criminal background check.
Digital Nomad Visa for EU citizens
For EU (European Union) nationals, visiting and staying in Portugal is fairly simple. Because Portugal is a member of the European Union, EU residents do not require a visa or a resident permit to visit, live, or work in the country.
Digital Nomad Visa for US citizens
You can visit Portugal visa-free for up to 90 days if you have a US passport. You can apply for a 120-day stay visa in Portugal if you want to remain longer. You must produce proof of income, with a minimum of 1,000 Euros per month for the term of your stay.
Digital Nomad Visa for Non-EU and non-US citizens
The application process for a Portugal visa is maybe a little more complicated for non-EU citizens. You’ll need to apply for a Schengen visa at the Portuguese consulate in your hometown. In most cases, you’ll require the following documents:
- You must have a valid passport.
- Proof of medical insurance that covers you in Portugal.
- A criminal history.
- Evidence of income
- The D7 Visa, often known as a passive income visa, is a popular visa type for ex-pats in Portugal.
At GlobalRCG, we help individuals and families achieve a higher quality of life and greater financial security through a second residence, relocation, citizenship, and passport programs. We take the hassle out of the process and provide peace of mind. To check your eligibility for a D7 visa or Portugal Golden Visa, submit our assessment form today!