Lisbon and Algarve hotspots for Brits

  • 22 February, 23

New figures released by the Portuguese Chamber of Commerce in the UK have revealed detailed insights into Britons’ plans to move to Portugal.

Gathered through a survey of nearly 1,000 attendees at the most recent Moving to Portugal Shows and Seminars the data show that 33.6 percent of those attending the show planned to move to Portugal within 12 months, while 36.4 percent were working to a timescale of 12-24 months. The final 22.7 percent were two or more years away from their planned move. The data also showed that the speed which people are seeking to make their move has increased since the pandemic, with families keen to relocated as swiftly as possible.

The Moving to Portugal Show data also highlighted the draw of both Greater Lisbon and the Algarve, which far outranked other areas of Portugal when it came to Britons’ desired locations. Attendees were able to express interest in multiple areas of Portugal, resulting in 56.08 percent expressing interest in life in Greater Lisbon and 54.04 percent in the Algarve. Other areas of interest were Porto and Northern Portugal (28.43 percent), Central Portugal (21.79 percent), the Alentejo (13.83 percent), and Madeira and The Azores (6.31 percent).

Attendees also shared their reasons for attending the Moving to Portugal Show. This revealed the breadth of research that families were undertaking as part of their emigration plans. Key topics of interest included visas and residency, house prices, mortgages, properties for sale, tax, and pensions, legal matters, the moving process, setting up a business in Portugal, investment opportunities, and currency exchange.

Cre: Portugalnews

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