Americans Are Fleeing Portugal

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In this video, Andrew delves into the current phenomenon of Americans leaving Portugal after the surge during the pandemic. Andrew discusses the recent Bloomberg article highlighting the end of the "Golden Visa honeymoon" and explores the reasons behind the exodus, such as rising home prices and bureaucratic hurdles.

00:00 Start
00:28 Bloomberg Article Overview
1:52 Don't Follow The Herd
4:27 Is Portugal Dead?
5:30 Alternative Sufficient Options
7:40 Evaluate Where You Want To Go
10:20 Tax-Friendly Countries

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[chrisj]

It's funny when some Americans gave immigrants a hard time about not speaking English and then they move overseas and they refuse to learn other languages 😂

[ellie]

This is what happens when someone wants to have their own little America at a price they want rather than wanting to truly move to country because of what it is.

[imw]

FANTASTIC news! I just saw the headline and hope it is true! Please go! I love most American people. BUT, I am so tired of those that move to Europe and then feel like they are entitled to tell us how to live. They bring their low morals with them too. Please, if you want to live here, ADAPT to our culture! Don't force yours on us!

[nesitbotica]

My husband and I love living in Portugal. The people are wonderful, the country is beautiful and the quality of the food is delicious.

[ghassanjneinaty]

I am from Lebanon. i love Portugal from my heart but to be bit realistic, i think Portugal could be suitable mostly for tourism and vacationing since it is being blessed by magnificent sceneries & affordable prices and lovely hospitable people. But to move and work, i think more efforts are needed to improve the economy for better wages and the priority should definitely be for the Portuguese citizens who are the owners of this country . Regarding Bureaucracy, it is International problem facing many nations, not only Portugal. It is worse here in Lebanon. Finally I am
Looking forward to visit Portugal soon. I am sure it will be unforgettable experience. Regards to Portuguese brothers and sisters

[RobertAnderson]

Portugal is making life difficult for everyone not just Americans.

[ValSasser]

I saw Americans immigrating with predatory views (like profit at any cost to locals, advantages despite what would cost to the new local place, trying to reproduce the style of life in the USA overseas instead of adopting the local style of life, poor or no language adjustments, etc). Portugal saw the issues, changed legislation, and now they are leaving... Really predatory and disrespectful attitude.

[mengel]

The biggest issue overseas is the ridiculous bureaucracy. No just one country, but practically the entire Europe. Layers upon layers of useless functionaries who do nothing but push papers and make your life absolutely impossible.

[onebridge]

Don’t move to a non-English speaking country if you’re not willing to learn the local languages (plural) as many countries have multiple dialects.

[hbbstn]

Like Canadian politicians, Portuguese politicians sold their country to real estate investors, especially foreign. Now you see increasing housing costs and high cost of living.

[sarag.]

I am gonna be completly honest i am iberian portuguese and spanish born and raised in Portugal. Our government is shit it is true. But Portugal in itself has a soul and a unique culture. And i used to be welcoming of emmigrants coming here and making their life here, but a long the years as more of you come here, more of you dont speak our language, dont endorse local businesses, i mean the south of Portugal is basically a English speaking place now! So there was a time where i used to be welcoming of you guys coming, there was a time where even i wanted to move to thailand for the cheaper oportunities and great quality of life! But now that we start to see the long term effects of it... please if you come BE a part of our culture, we are so welcoming the food is great and we have amaaaazing history and sense of humor. If you come here and have no regard for the country that is HOUSING YOU AND YOUR JOB, simply leave. I am done being welcoming to all. Not all are welcomed. I chose to stay here in my country trying to make it better. Be a good person and reavaluate your choices - it aint that hard.

[actionfigureschannel]

if Americans are leaving then that is a great thing. I spend a lot of time in Portugal but the crowds have been a bit much.

[kwameoluwasomi]

I think moving purely for financial reasons is a grave mistake. Definitely move for momentary financial respite but do so with a view to plant a money tree. Make it a season of building funds so, eventually, you can lift your head and start scoping for where you REALLY want to be.

[davila]

I believe, if you are going to live in a country with a different language, you need to try your best to learn the language.
Plus, people need to immerse themselves in the culture.

[ericdelevinquiere]

You are totally right about Mexico, it’s really very similar to US, understandable since so many Mexicans moved back bringing the lifestyle for better or worse!

[jedw]

Portugal 🇵🇹 here. All good and well, thank you. Lovely country, beautiful people, sublime weather. Great motorcycling too 😉...

[mz_]

I left California in 2019 to settle in Spain. Affordable life but very bureaucratic especially opening a new business !

[bomdiakylie]

Moved from the US to Portugal a year and a half ago and still here. Yes, the institutions here are a big problem. But I believe what most are failing to see is that, for the people who moved here over the past few years and then quickly fled, they came in with this mindset that they were entering the promise land. They had some internal dialogue like, "Portugal is a Western European country so it's just like the US, but at the same time we don't have to deal with the polarizing politics or inflation, and at the same time we can buy a cheap beach house and eat fresh fish all day". Not so fast. Every country you move to has it's own set of problems. You just have to choose which problems you're willing to deal with. YES, some countries have worse problems than others, but you have to choose. Again, the failure of the government to work efficiently as it promised is inexcusable. When it comes to real estate, prices are already on there way down. But bottom line: Pick your poison.

[GeraldFigal]

Still retiring to Portugal to get out of the screwed up backwards U.S. and happy to pay the taxes for the social value that comes with it. And I was planning it before Portugal became the it country. Going for the people, lifestyle, culture, beauty, food, weather, social values—not the NHR. And if you want slow-paced life it cuts both ways—you have to deal with slow bureaucracy. Big deal—I’ll take that over the violence, guns, ugly suburbs, car-dependency, shitty rail, privatized “public” space, religious fanatics, dysfunctional two-party politics, crappy healthcare system, hustle culture of the U.S. any day. I want a different culture and lifestyle, not a similar one. And I love learning new languages. Get out of your comfy bubble and have an adventure.

[ivanxyz]

Wo moved to Portugal for retirement. So far, no major complaints. My family immigrated to the US when I was a child. And I have personal friends from the Ukraine who moved to the US in 2018. From what I have seen in the last 30 years, the immigration bureaucratic molasses is much worse and much slower and much less predictable in the US than in Portugal. So I can't complain.