Americans, and, more specifically, those from California have defined Portugal on their radar and already represent the most active nationality in visas Gold. Figures from the Foreigners and Borders Service (SEF) point to an investment volume of 25.1 million euros in the first quarter of this year, a value that more than tripled compared to the same period in 2021.
“The North American in Portuguese real estate began to manifest itself even before the pandemic in October 2021 an article in the publication Los Angels Magazine gave a 33% rise in US departures with the cities of Lisbon and Porto in the year before the outbreak of COVID-19. However, never before has this movement been so evident”, notes a statement from Athena Advisers, a luxury real estate consultancy that recently made a roadshow through the State of California, with stops in San Diego, Los Angeles and San Francisco.
For a Californian, living in Portugal means being able to maintain your lifestyle, but with a better quality/cost ratio. As existing similarities between California and the national territory, especially the coastline, in terms of landscape, or country of surf destination with the geography of Portugal, continue not being topographic of the national regions of Californians, underlined David Moura -George, general director of Athena Advisers in Portugal.
Many customers in the information market and are available to five million properties or even customers are 3 million euros.
“We were very well received in all the cities we visited and we noticed that there is more and more interest in our country. Portugal’s attractiveness to North Americans is no longer three now, but if about years ago, out of 10 customers we were an American, today we have 10 six on the other side of the Atlantic”, notes David Moura-George . “Californians, due to the strong demand that most arrives with our country, from there the apostate in this region to the roadshow of Athena Conselheiros”, further highlighted the general director of Athena Advisers in Portugal.
The destinations of Cascais and Oeiras, in Greater Lisbon, or alternatively, the Azores and the Costa Vicentina – when the investment is made the possible gold visa – are the most sought after by the sea and the beach, which will become possible in a lifestyle much like the one I had in California.
“Usually they are people with a very alternative way of life and already used to living outside large urban centers. Most of them are young couples, very connected to technology, but we also have a lot of retired clients”, says the general director of Athena Advisers. “The freedom and flexibility for telecommuting is an incentive for relocation that offers as ideal living conditions that the country offers more Americans-area of entrepreneurship and technological innovation is a strong attraction for the expansion of Americans beginners and this company”, added the official.