Which country is better to retire Spain or Portugal?

Portugal is the best European country for retirement based on cost of living, healthcare and more. Moving to Spain found that the No. 1 best country in Europe to retire is Portugal.

Is it cheaper to retire in Spain or Portugal?

Both countries have visas that attract retirees and those with passive incomes. However, Portugal's D7 visa is much more affordable than Spain's. Portugal's D7 visa is both a passive income and retirement visa that requires no investment.

Which country is better to live in Spain or Portugal?

Portugal has a slower, more reserved vibe, perfect for those seeking a peaceful life, while Spain is known for its dynamic and vibrant culture. Both Portugal and Spain, the two countries rich in cultural heritage, offer unique experiences.

Which European country is the best to retire in?

In fact, three countries have dominated the Mercer CFA Institute's global index since 2021. Namely, Iceland (a 84.6 average), the Netherlands (a 84.4 average) and Denmark (a 81.8 average) have been considered to have the best pension systems over these past three years.

Is Spain or Portugal friendlier?

While both countries are known for their friendliness, a subtle contrast emerges. The Portuguese are often characterized as quieter and more reserved in their interactions.

The best country to live: Portugal or Spain? 🇵🇹🇪🇸

Is healthcare better in Spain or Portugal?

Expats working in Spain can access their public health system, while most others will need insurance in place. Portugal is ranked as the twelfth-best healthcare system in the world in the same rankings, and while the quality of healthcare is high, the country has a reputation for long wait times in the public system.

Which country is cheaper to live Portugal or Spain?

While the cost of living can vary depending on location and personal preferences, Portugal tends to be slightly cheaper than Spain for accommodation, food, and transportation. Both countries offer beautiful scenery, rich culture, and delicious food, making them great destinations for travelers on a budget.

What are the downsides of retiring in Portugal?

Cons of moving to Portugal include a slower pace of life, lower salaries than in other European countries, no central heating in most of the housing, and bureaucracy. Portugal also requires foreigners to know Portuguese at a basic level to integrate into the country's society.

What is the easiest European country to retire to from the UK?

Portugal. Besides being one of the easiest places to get a retirement visa, Portugal is also one of the cheapest countries to retire in. It is a popular destination among retirees who want a place with warm temperatures, a low cost of living, excellent healthcare, and high quality of life.

What is the easiest country for Brits to retire to?

1. Spain. Spain came in top place as the destination that Brits want to spend their retirement in. For those seeking longer days, more sunshine and generally a better cost of living situation, the country ticks all the boxes.

Is Portugal warmer than Spain?

Both countries have Mediterranean climates, meaning they are generally temperate, with warm summers and mild winters. In Portugal, the average temperature in Lisbon is 24°C in July and 11°C in January, and in Spain the average temperature in Barcelona is around the same: 24°C in August and 10°C in January.

Should I go to Spain or Portugal?

Book a trip to Portugal if you love being by the water

When it comes to seaside allure, the Spain vs. Portugal battle isn't an easy one to call; after all, Spain is much bigger and therefore has more coastline. But Portugal isn't very big, so no matter where you are, you're never too far from the ocean.

Why is Portugal different to Spain?

Yes, Portugal is a separate country from Spain.

Located on the Iberian Peninsula, Portugal is bordered to the west and south by the Atlantic Ocean and to the north and east by Spain. It has a distinct culture, with its own language (Portuguese) and unique architecture such as Manueline and Azulejo styles.

Which part of Portugal is best for retirement?

What is the cheapest European country to retire in?

While countries such as Portugal and the Netherlands have recently been in the news as some of the most affordable places in Europe, according to Property Guides, a real estate assistance company, the cheapest place to retire is actually Turkey.

How much money do I need to retire to Spain?

The low cost of living

If you buy a property and have no mortgage, the minimum income to retire in Spain you will need is around €1,500-€2,000 a month for a comfortable way of life. Once you are a resident you will be liable to pay tax in Spain if your worldly wealth makes it necessary.

What is the best country for a UK person to retire to?

Spain is well known as one of the most popular countries that UK expats choose to retire in. While retirees from the UK choose Spain for its laid back lifestyle, hot weather, and beautiful beaches, the climate isn't the only factor that influences retirees to settle in their golden years.

What is the best country for British people to retire to?

What is the best country to settle in after retirement?

The U.S. might get a lot of things right as a country, but retirement is far from one of them, a new global ranking of retirement security suggests. The top nation for retirement security is Norway, followed by Switzerland and Iceland, according to the new study from Natixis Investment Managers.

Why are expats leaving Portugal?

Rising house prices, new bureaucratic challenges and the end of golden visas are putting US families off living in Portugal.

How much money do you need to retire comfortably in Portugal?

In a smaller Portuguese city, you could get by comfortably on around $1,400 monthly. This would increase to approximately $2,000 per month if you lived in one of the country's major cities, like Lisbon.

How much money do I need to retire in Portugal?

How Much Money Do You Need to Retire in Portugal? Portugal offers arguably the lowest cost of living in Western Europe. a couple can live comfortably in Portugal's interior for about $1,700 a month. The budget for larger cities such as Lisbon is about $2,100 or $2,200 a month.

Does Portugal have a better economy than Spain?

As of 2021, Spain's GDP per capita was $26,125.87, while Portugal's was $20,831.09. Both of these figures are the lowest for western European states in the EU. Even Malta, notably, had a higher GDP per capita in 2021, at $27,891.13.

Is fuel cheaper in Spain or Portugal?

As for diesel, the national average price is, without taxes, 3.8 cents/l cheaper compared to Spain. A situation that still exists when adding on taxes, which in Portugal weigh 37% and in Spain 38%, “which contributes to the practice of lower PMV in our country”, explains ERSE.

Is it better to live in UK or Portugal?

The UK also offers a higher standard of living than Portugal, with access to world-class healthcare, entertainment, and shopping. So as you can tell, they're pretty similar but unique in their own ways. If you want a relaxed lifestyle and a warmer climate, Portugal might be the better option for you.