Home Immigration Americans are Moving to Portugal to Start Their Dream Business – Europe's Best Kept Business Secret!

Americans are Moving to Portugal to Start Their Dream Business – Europe's Best Kept Business Secret!

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Americans are Moving to Portugal to Start Their Dream Business – Europe's Best Kept Business Secret!

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▸▸▸Enroll in our How to Move to Portugal Course: A Step-By-Step Course to Relocating and Living in Portugal: This course is designed for people interested in moving to Portugal. In the course, we explain the visa process, the documents you need to submit for your application, and the step-by-step process that we took to obtain our visas; we explain the residency permit process and how we obtained our residence permit here in Portugal; we explain the process for buying and renting a house in Portugal; we discuss healthcare, school options, and setting up NIFs, we explain taxes here in Portugal, and MORE!

Books that have helped us on our Financial Independence Journey
—–
The Bogleheads’ Guide to Investing:
The Intelligent Investor:
A Random Walk Down Wall Street:
The Book on Rental Property Investing:
Building Wealth One House at a Time:
Rich Dad Poor Dad:
The Total Money Makeover:
The $100 Startup:
Freakonomics:

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Our Rich Journey – Our videos on this channel are focused on making money, saving money, and investing money to reach financial independence and to retire early. Our videos also focus on our early retirement life here in Portugal – and we’re ALWAYS encouraging everyone to retire early to Portugal! But, we also think that moving to Portugal and working is another great option! So, in this video, we’re talking about the top five reasons why people should consider moving to Portugal to start a business! So check out the video and see if starting a business in Portugal is the right fit for you!

▸▸▸Check out some of our other videos!
Stock Market Is Crashing, So We’re Buying This NOW (See Our Top Pick):

Oh NO! Interest Rates Are Going Up! | Here’s How to Invest in the Stock Market:

9 Rules We Followed to Become Millionaires in our 30s:

Financial Norms Destroying Your Wealth – We Broke Them to Retire at 39 As Millionaires:

Our Top ETF Investments for Dividend Income and High Returns to Retire Early:

Top Ten Reasons Why We Retired In Portugal:

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29 COMMENTS

  1. And the most percentage of young Portuguese people in their 20s and 30s will stay at their parents house because they cannot afford the tremendous housing cost, low salaries, high taxes, and the bank won't loan any money if you're alone.

  2. I love Portugal, and only visited once. We would love to move there in a few more years. My only concern about americans moving to Portugal is that prices increases when too many americans move to other countries, and I am saying this because I am originally from Panama and after 2005 many retired americans moved to Panama and all properties started to get expensive, because americans can pay more , the same happened in Costa Rica, now the cost of living in at least those 2 countries is crazy high. I have an american nationality, but as I mention, I was born in Panama. It worries me that the same happen in Portugal.

  3. What do you think about the Castelo Branco region? I have a different path, I want to have space to run my 6 dogs and move more towards self sufficiently and the land seems to be cheaper in that area. I am arriving next Thursday into Faro so its a long trip to that area where I guess I will hopefully get a feel of some other parts of Portugal.

  4. one of the struggles many business owners face here is finding good talent. most left the country during the last economic crisis so I'm hearing expat entrepreneurs hiring foreigners and really struggling to find locals. if this talent gap can be bridged, i think Portugal future is very bright.

  5. Once again a wonderful information packed video. You two are the best, on my way back to Portugal this September maybe looking for a place to live 🤞🏽🤞🏽🤞🏽🤞🏽. Stay well……….🤗🇨🇦

  6. Thank you guys for your hard work putting this videos out, I played it with really loud volume so my husband can see everything is possible in Portugal :D, cant wait to live the dream…

  7. Thanks again for such an encouraging video. Would be nice to see follow up videos where you can interview or show cases of other people starting their business there and sharing if possible some numbers and the paperwork and all that, to know more in details how to start and how to. I know in Google you can find a lot of these information but it’s nice when you hear it from the people that is doing it. Just an idea not a demand. I am thankful and happy with all the information you share in this channel. Thanks again! You guys are my favorite and my best! Gio

  8. Thanks for this content! We live in Portugal and are also considering investing in a Airbnb / income property. Did you need to set up sole proprietorship or a corporation to get your AL license and take in the income from your rental property? Just wondering if we need to do this before starting this type of vacation rental business. Thanks in advance!

  9. Wow, everyone knows Portugal is extremely bureaucratic. Paper work like crazy, and things take a long time to get done. One bureaucrat will tell you one thing and another bureaucrat that a process is done another way. Of course if you're rich, money gets things done quickly.

  10. Not only the invaluable information you share,🎁 but above all the excitement, enthusiasm and joy in which you share it😊❤️🙏.
    👌🏾 Moving to Portugal PLAN from your course is keeping me on track. Took the guess work, assumptions and confusion out of the process.  Thx 4 great these new ideas💡 as well.❤️💃🕺

  11. I back packed through Portugal when I was 19 in 1996. I even stayed in Lagos for a month because it was just so perfect! I came back and told everyone I knew that it was the most overlooked country in Europe. I’ve always planned to retire there on the coast. So happy for you two and thanks for promoting this beautiful place!!

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