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2024 Portugal Update: Changes US Expats Must Know Before Moving or While Living in Portugal

بواسطة Driven Spice
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تم نشره في 2024/01/26

As a US immigrant who has been embracing the vibrant culture and picturesque landscapes of Portugal for over 5 years, I've experienced firsthand the transformative journey of relocating to this beautiful country. With 2024 marking a critical US election year, coupled with escalating job losses and corporate bankruptcies, the allure of moving abroad is stronger than ever for many Americans. However, the dream of a new life in Portugal comes with its own set of challenges and considerations. In this essential update, I dive deep into the significant changes occurring in Portugal that could impact your relocation plans. From immigration reforms to tax implications, understanding these factors is crucial to avoid making a costly mistake. In today's live session, we'll explore: The latest immigration policies and how they might affect you. Tax issues that US citizens must be mindful of when moving to Portugal. Insights into the Portuguese job market and what a US-dependent income really means here. Strategic considerations to make before packing your bags for Portugal. Relocating to a new country is a monumental decision, and being informed is your first step towards a successful transition. Join me as we unravel the complexities of moving to Portugal in 2024, ensuring you're equipped with the knowledge to make empowered decisions. Resources: https://layoffstracker.com/ https://www.ft.com/content/9a6a0001-cadc-4506-bfab-cc2ce7bab4a7 https://www.mastercardservices.com/en/resources/economics-institute/ https://www.vfsglobal.com/en/individuals/index.html https://www.politico.eu/article/portuguese-police-raid-prime-minister-antonio-costas-residence/ https://www.bbc.com/news/world-europe-67346780.amp 📲 Stay connected for more insights on blending business, travel, and technology! Follow me on Instagram for live updates: https://instagram.com/drivenspice and don't forget to subscribe to the YouTube channel for more content: /drivenspice .

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تعليقات - 22
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    @sandrasgotvoice4 months ago Five years....wow. You have been consistently honest from day one; the original Portugal OG. You were the first and still are the preferred source I refer folks to for info about what's really going on there. Grateful for ya! 🙏🏾 ... 12
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    @RebloomRoom4 months ago Thanks so much Cinnamon for snatching off the rose-colored glasses yet again😅 Much needed reality check 👍🏾 10
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    @teddydavis23394 months ago Cinnamon, at this point, you seem to be the only youtuber who is being honest. I understand that everyone's experience is different, but a lot of Americans, especially African Americans, make Portugal out as some type of heaven on earth. I did not live there as long as you, but Portugal likes to bait and switch. I'm glad you stuck it out because you will get your reward.
    I just hope they don't give you the runaround when it's time to get your residency. Don't be surprised if they do, though. Hang in there until you get your residency. You are too good for Portugal. They don't appreciate educated black people like yourself. If you notice, you don't see black people in high positions there, and black folks have been in Portugal longer than in the US. I don't know if things have changed, but when I lived there, there were no black newscasters. I never even saw any black policemen. I hope things have changed since I lived there. Living there made me appreciate the US so much more.
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    @tszora13754 months ago Thank you. I appreciate all of your information. 5
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    @Solo50plus4 months ago This was a good hour of sharing your experience and information.A great resource for people considering the move. 🙏🏽 😊 5
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    @ManuelSobral-vb3oi4 months ago Towards purchasing an health insurance in Portugal you only have to go to a CUF hospital and pay the package in wich you feel more confortable, its private and accepted throughout the country. You just have to be carefull with emergency room charges but like i said everything is well explained in english on those packages. ... 2
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    @sydneysaucier63572 months ago Thank you for the information! Unfortunately, the proof of accommodation requirement has changed from what you showed on the website. Airbnb is no longer accepted and you need a 1 year lease. This is for the San Francisco office. They have outdated information listed on the website. ... 1
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    @WordUpPsyclast month I meant to add
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    @ManuelSobral-vb3oi4 months ago Hi, Cinnamon, how are you doing?
    Towards electricity bills you can make a yearly contract with EDP wich is called Conta Certa and provides you with a fixed amount to pay monthly.
    At the end of the year you can chance it up or down following your electricity needs.
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    @a.castillo97524 months ago Hi Cinnamon ,
    Are you saying that from the East coast NYC ,VSF didn’t require proof of Portuguese bank account ?
    Also, just want to say thank you for a balanced review of your experience and knowledge of the process. I might have to work on my kooth and patience before my move. 🙏🏼✌🏼 ...
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    @WordUpPsyclast month Hi!!! I miss you Cinnamon. Sorry that I have been missing you. I am back in DC and getting on the good foot. I support you, appreciate you and your willingness/courage to take up space.❤🧡💛💚💙💜🤎🖤🤍 1