Why Portugal makes for one of the best retirement destinations
Portugal is hands down one of the best places for expats to retire to (certainly in the eyes of our Portugal team). And you just need to look at the statistics to realise how popular it is as a retirement destination.
For example, Live & Invest Overseas have ranked the country's popular southern region, the Algarve, as the best place in the world to retire for four years in a row.
This is further backed up by HSBC's Expat Explorer Survey, which is based on research conducted by YouGov, polling over 27,500 expats from 159 different countries. According to the report, 42 percent of expats in Portugal are retired, compared with a global average of just 11 percent. And out of these retirees, the overwhelming majority (96 percent) rated the country as good or very good, showing the reason that once your working years are over, so many choose to retire to Portugal.