As a highly livable and tourist-friendly European nation, Portugal's relaxed immigration policies have attracted countless applicants aspiring to obtain an EU passport. Whether for daily living, tourism, or investment, Portugal meets the needs of many, and an increasing number of people are choosing to travel to, immigrate to, invest in, or study in Portugal for various reasons.
In the previously released "2023 Global Residence Program Index," Portugal ranked at the top! Furthermore, according to overall data since the launch of Portugal's Golden Residence Permit program in October 2012, as of the end of March this year, 11,921 main applicants have been approved for the Portuguese Golden Visa, along with 19,433 dependent applicants. Among them, Chinese families account for half of the total, with 5,304 families approved, demonstrating the favor and recognition Chinese investors have for the Portuguese immigration program. So, how are the local prices and the cost of living in Portugal, a country so favored by investors? Please join the Worldway Group to find out.
Daily Consumption
As one of the ancient nations of Europe, Portugal blends modern urban landscapes with historic city charm, endless coastlines, and fine food and wine. One might assume this comes with a high cost of living, but that is not the case. Food prices in Portugal are very affordable. For a family of three, monthly supermarket expenses are approximately 200-300 Euros, covering all daily necessities, such as 1kg of white rice for about 1.3 Euros, 1 liter of milk for about 1 Euro, and 1kg of apples for about 2 Euros. For an individual, about 100 Euros per month is sufficient to cover basic living needs.
Rent Expenses
Compared to the capitals of other European countries, the cost of living in Lisbon, Portugal, is relatively low. The monthly rent for a one-bedroom apartment in Lisbon is 700-1,200 Euros, while a three-bedroom apartment costs around 1,300-2,200 Euros. In another major city, Porto, the monthly rent for a one-bedroom apartment is 600-900 Euros, and a three-bedroom apartment costs around 900-1,500 Euros. In other cities in Portugal, rent is even cheaper!
Utilities and Internet Fees
When renting in Portugal, most rents include utility and internet fees, which significantly saves on rental costs. If they are not included, the average cost per person per month is only about 80 Euros.
Dining Out
Generally, a delicious lunch costs less than 10-12 Euros per person, and fast food is only about 7 Euros. The cost for two people to enjoy dinner at a restaurant is about 30-50 Euros. A cup of coffee for an office worker costs only 1.8 Euros, and a beer at a bar with friends or family on a weekend night costs only about 3 Euros.
Transportation Costs
Public transportation in Portugal is very well-developed, with a single ticket costing only about 2 Euros and a monthly pass costing 40 Euros. The starting price for a taxi is 3.5 Euros, with a rate of 0.7 Euros per kilometer, and gasoline prices are 1.5-2 Euros per liter.
Overall, Portugal is truly a country with a high quality of life and a relatively low price index! Here, you can enjoy a high standard of living at a low cost. Are you interested?
Currently, investors can apply for the Portuguese Golden Residence status for three generations of their family by purchasing property starting from 280,000 Euros through the Portuguese Golden Residence Program. This allows them to enjoy Portugal's generous social welfare and high-quality educational resources, travel freely through 27 Schengen countries, and, upon meeting the corresponding conditions, children can participate in the Joint Entrance Exam for Overseas Chinese Students as overseas Chinese students, easily gaining admission to prestigious universities like 985 and 211 institutions with lower scores and enjoying mainland higher education—truly a multi-benefit move! At the same time, after holding a Portuguese Golden Residence permit for 5 years and meeting the low residency requirement of 7 days per year, one is eligible to apply for Portuguese citizenship and receive an EU passport, enjoying the generous welfare benefits of EU citizens.
As one of the Top 500 Asian Brands, Worldway Group, as an immigration agency that promoted the Portuguese Golden Residence Program in China early on, is joining hands with powerful Portuguese developers to grandly introduce another high-quality Portuguese immigration project to investors—the Portuguese duplex apartment, helping investors seize the opportunity of immigration through property purchase in Portugal!
The project is located in the popular tourist destination of Alentejo, Portugal, with a convenient location very close to the beautiful beaches of Melides and Comporta. The project is a gated residential community that combines a modern minimalist style with a natural pastoral style. Users can enjoy independent private garden areas with good privacy. The project has complete supporting facilities, including a public swimming pool and a public dining area. The project covers an area of about 1,600 square meters, and each duplex apartment will consist of 2 floors. The interior uses raw wood as raw material and wood-tone decoration, with eco-concept furniture, floor-to-ceiling windows for lighting, and is comfortable and livable. The project complies with the Portuguese Golden Residence Act, with an investment starting from only 280,000 Euros, allowing the whole family to apply for Portuguese Golden Residence status.
As a Top 500 Asian Brand and a Worldway Group that has been focusing on investment immigration for over 20 years, we were one of the immigration agencies that promoted the Portuguese Golden Residence Visa program in China in October 2012. In April 2013, we joined hands with the Portuguese Embassy in China to hold the "Portuguese Golden Residence Program Launch Ceremony," introducing the Portuguese Golden Residence Program to China and helping many investors realize their dreams of Portugal. Worldway Group is your trusted choice for handling Portuguese immigration.
For more details, please send us a private message in the comment section, or call the Worldway service hotline: Mainland China: 400-138-2929, Hong Kong, China: (852) 2802 8798