Luis Horta E Costa Explains Why Portugal Remains Popular With Americans

Visit Portugal, where the cost of living is low, and the quality of life is high. It’s a popular destination for families, retirees, and those looking to invest in property, even more so for Americans than Europeans. Luis Horta E Costa of Ortetia Real Estate explains why Portugal remains popular with investment-oriented Americans. Luis has traveled the country as a longtime player in Portugal’s real estate investment space. He has seen Portugal’s appeal to ex-pats, retirees, families, and those looking to invest. Portugal is a great place to live because it is still very affordable, especially compared with Western Europe.

Luis Horta e Costa Views the Statistics Favorably

Horta e Costa states that Portugal’s population, employment, and people seeking investment during the last decade have grown. With a booming economy, and an attractive tax system, there is more to do here than invest in real estate. Many developers are still doing good business here, so there is still time to make your move. The economy has grown by a robust 6% annually in recent years, and there is no sign of the economic fundamentals slowing down. America became the highest number investing in Portugal in the past, and it remains a popular destination for Americans.

The USD to EUR Currency Exchange and Golden Visa Can Benefit Americans

Referring to the lucrative Golden Visa program that Portugal offers, Horta e Costa states that those who have enough money to buy property in Portugal can receive a residence. The most popular departure is the New York exiles, but now many buyers come from California, Florida, and Texas. The U.S. Dollar remains strong here against the Euro, so it’s a great time to buy real estate in Portugal. Real estate investors are purchasing coastal properties, which are still quite affordable. The Portuguese visa-for-investment program keeps growing in popularity. It’s a straightforward process and has no capital or income restrictions.

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