Number of foreigners living in Portugal jumps 7.8%, with “tidal wave” of demand from Brits in 2022
New figures from Portugal’s Foreigners and Borders Service (SEF) reveal that the number of foreigners living in Portugal has increased for the sixth year in a row. Some 714,123 foreign citizens now call Portugal home – an increase of 7.8% between the end of 2020 and the end of 2021. British citizens make up the second largest group of foreign residents (after Brazilians), with the SEF reporting 42,071 Britons now living in Portugal.
“The size of the British expat community in Portugal means that there is an established network to welcome new arrivals and support their integration into Portuguese life. The Algarve and Lisbon are particularly popular, though cities such as Porto are also attracting interest from those considering relocating to Portugal from the UK.”
Christina Hippisley, General Manager of the Portuguese Chamber of Commerce in the UK
Designed to provide a wealth of information to anyone interested in a new life in Portugal, the Moving to Portugal Show on 31st March 2022 is packed with experts on Portugal from all areas. Taking place in London’s Pestana Chelsea Bridge Hotel from 11 am to 9 pm, the event will include members of the Association of Portuguese Resorts, property developers and real estate agents, and financial experts from Currencies 4 You, UCI Mortgage bank, Blevins Franks, Abacus Financial Services and Blacktower Financial Management, among others. Some of Portugal’s leading fund managers will also be present to explain the current investment options in the country.
Attendees will have the opportunity to question those present on all aspects of moving to Portugal, from properties to visas to legal requirements. Experts will also be on hand to share their on-the-ground experience of daily life in Portugal, from schooling and medical care to general lifestyle advice.
“The 31st March event will be our 12th Moving to Portugal Show, so we have plenty of experience when it comes to getting everyone into the room to discuss all the different aspects of moving and living overseas. Whether attendees are in the early stages of considering a move to Portugal or already have well established plans, they can access a wealth of information and support by visiting our upcoming event.”
Christina Hippisley, General Manager of the Portuguese Chamber of Commerce in the UK