I'd never leave the US permanently, I'm not going to leave my kids and grandchildren ,
and have to pay for added medical ins. And the difficulty of learning a new language.

No, not necessarily. Cost of living isn't exactly 1/3 less in many of the desirable places. Housing is getting more expensive. Gas is sky high. So as someone who is moving there soon I can tell you that the devil is in the details. Things change all the time and it isn't as straight forward as you imply. But I'm all in.

You are preaching to the choir. I am moving there within the next 7 months.

Expat??? Just a nice way of saying immigrant…

After watching videos hyping up Portugal over the last few years, I made my first trip to Portugal two weeks ago to evaluate it as a retirement spot. I drove about 800 miles through various areas of Portugal to get an idea of the landscape and costs. I found it to be not much less expensive than the US. The food was good – but not great. English is widely spoken in the major cities/tourist areas, but you'll need some Portuguese outside of that. I enjoyed myself, but can't see spending the rest of my life there. Last year I visited Greece. It's still at the top of my wish list for retirement.

Our Rich Journey has a series of great Portugal retirement videos. This and theirs are great resources.

Not for long. Californians have single-handedly blown up the real estate markets wherever they settle. It’s pricing locals out of their own country ! There are already news articles about this.

Some of the info is highly inaccurate and/or outdated. For example, Alentejo is a huge region, not a city. The cost of living is NOT 1/3 of US, but it is definitively lower.

Even though it’s about 40% less than U.S., it’s really 30% cause you have to factor in the exchange from dollar to euro which is about a 10% loss exchange in value, but I have been to Portugal and absolutely love it, from the friendly open minded people, culture, food, nightlife, beaches, etc

My goal when I retire is to stay in a country for 90days at a time cause that why my passport will allow in most countries. Portugal is one of those countries in Europe where I will be staying for 90days then Poland, Hungary, Czech Republic, then come back to the U.S. for 4-6 months and keep doing that every year as long as my health keeps up well. There is so much to see around the world and many places you can live short term for between $1K – $2k a month as a single person and live very very well

Do you have any suggestions that maybe aren't as inexpensive, but are good places to retire for the other reasons cited?

Also remember visiting a place is NOTHING like living there. Not even close. I’ve seen this first hand when I lived outside of the U.S. Most have stars in their eyes from visiting, and turn around and go back within a year at most.

We have researched Portugal extensively, and scouted it twice with third time to come this year. We also have a relative there. We are looking for a place to retire. Much of what you say is correct, but you don’t mention the realities and downsides. If you are to live in the more popular areas, there is very little difference in cost of living than much of the U.S. It’s not like it used to be. You have to go to the smaller areas to find the savings. Also, it’s a must to have private health insurance, which may not be as cheap as you think….especially when you compare it to Medicare. Which is another expense you have, unless you know you’re never going back to the U.S. again. So, you’ll have two health insurance premiums. The promotional companies give good information, but are in the business of making money and will always push the positives without mentioning the negatives. Their cost of living estimates are way off. We have been in Europe extensively, and it’s also worth noting that many expats can’t deal with the major differences, and go back to their home country. Portugal is still great, but is changing fast. We’re looking at other countries too, which I strongly suggest.

"7,000 Americans out of a population of 10.3 million is not a small number."
It seems tiny to me. It's less than 0.07% of the population.

Does anyone know what he meant by saying that Lisbon is one of the more civilized cities in Europe?

I am moving next door to the bunny ranch when I retire.

Another excellent video. Thanks for the information as it is highly appreciated.Due to personal circumstances I'm probably still 8 years away from retirement as I'll most likely wait until I hit 70 yrs old to retire but it never hurts to start looking at alternatives. How do you compare Portugal to Spain?

Despite the economic downturn,I'm so happy☺️. I have been earning $ 60,000 returns from my $7,000 investment every 13days

Very timely. We just returned from 3 weeks in Portugal. Friends just moved there and wanted us to do the same. Found both good and bad, a bit different from the “Instagram Portugal”. When my wife saw this video she asked if I was still interested in Portugal. 😂 This isn’t a Portugal video, this is my retirement guy!

Lol nice commercial

I would've preferred you show affordable locations in America, vs telling US citizens to flee America to foreign nations. There are many places in the US where people can retire well on a budget.

In the movie Casablanca (1942) refugees are looking for passage to Lisbon and then the United States to obtain freedom. Now we have refugees from the United Sates looking for passage to Lisbon to obtain freedom. Unless they have good guitar shops in Portugal, I'm staying in the U.S. 🎸🎸🎸

The trouble with Portugal is if you have medications that you need. My friends went through a nightmare getting their meds and spent a fortune. Otherwise it’s awesome!!

So what you're basically saying is that the US sucks….and that retiring here is idiotic!! Lol

America is becoming a SH with open borders.

Love your channel and always get great information from you. All the information on Portugal was great, but I have never seen a good video that address the effect and need to convert dollars to the local currency. The loss (any maybe the gain) of buying power to convert your money as a ExPat. I would love to hear your thoughts or any direction to information on the subject. Thanks

Good job, Holy and thank you for putting Portugal in its rightful place as a destination for any length of period.

I live int he US – but I am from Portugal…best place on earth….

I suppose if you don't have a life and are looking to start fresh, then it would be a nice place to retire to.

I never considered Portugal. Excellent