Lisbon is the best city to live in in 2024

and that is why

Portugal is the “new California of Europe”

Portugal is a rising star in the property market. The ocean, mild climate, excellent cuisine, safety, quality of life, affordable prices, diverse cultural life, quality of the education system, and startup- and crypto-friendly environment are factors that together make Portugal stand out on the global market.

Recent research published in Bloomberg, evaluated the top 15 locations preferred by digital nomads, taking into account factors such as internet speed, quality of life, weather, air transport accessibility and rental costs, and chose Lisbon as the priority destination ahead of Miami and Dubai

Lisbon in numbers

RESIDENTS
IN THE LISBON REGION
0
m
COMPANIES
IN THE LISBON REGION
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higher education institutions
IN THE LISBON REGION
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ANNUAL VISITORS >50% – FOREIGNERS
0
m
POPULATION
AGED 25 TO 64
0
%
WEIGHT OF THE LISBON REGION IN NATIONAL GDP
0
%
BUILDINGS
IN THE LISBON REGION
0
research
CENTRES
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Many international companies are relocating their headquarters to Lisbon, and with them the tech development environment, thereby creating highly attractive jobs. This trend is becoming increasingly clear. The long-standing capital of the Web Summit is consolidating its status as an IT hub and becoming Europe's new innovation centre.

It is expected that 2022 will break the all-time record for residential property sales. Over the last ten years, the number of foreign residents in Portugal has increased by 40%, reaching over half a million people. They account for 5.4% of Portugal’s total population. 

Digital nomads, freelancers and expats are finding a haven for living in Portugal, boosting the Portuguese housing market. French, American and British nationals will continue to shape housing demand in Lisbon.

Due to this trend, as well as rising construction costs, property prices in Lisbon are expected to continue to rise by an average of 5% per year for at least the next five years.

Why Lisbon?

Nature

Infrastructure

Friendliness

• 300 days of sunshine a year
• Diverse nature, forest, mountains and ocean
  Quality food, vegetables and wine
• Diverse urban flora – something is in bloom all year round
• Good environment – no polluting industries

• Convenient transport system
• Free public transport for senior citizens and young people
• The world's largest electric vehicle charging point network
• Well-developed bike- and kick-scooter sharing system

• In 2022, Portugal ranked 5th in Global Peace Index
• In Portugal, they are very fond of children
• Low crime
• Tolerance towards everyone, including migrants
• Many people speak English
• Here, everyone feels comfortable and there is a place for everyone

Documents

Social

A fly in the ointment

• It is easy to get a residence permit
• Passport after 5 years of legal residence
• NHR – special tax regime for 10 years
• Possibility of dual nationality
• Crypto income is not taxed

• International schools with British and American qualifications
• Affordable private healthcare
• Children have the right to healthcare and education regardless of their legal status

• Bureaucracy
• Slowness and unreliability
• Expensive housing
• High humidity and mould

Life in Lisbon

Life in Lisbon is one big party! Join in this celebration of life, immerse yourself in the region's culture at traditional festivals, and cheer on your favourite athletes at world-famous sporting events. Attend countless concerts and exhibitions all year round. What's more, Lisbon is the European capital of music festivals, drawing people from all over the world.

Lisbon is the European Capital of Sport 2021. The city is a veritable paradise for outdoor enthusiasts, with an abundance of gyms, swimming pools, sports complexes, fitness centres, cycle paths and skateparks. Football is one of the best-loved sports for all Portuguese people. The city has numerous ultra-modern pitches with synthetic turf, with rental costs starting from 15 euros. There are 115 padel courts in Lisbon. There are more than 10 golf courses in the surrounding area of Lisbon. And, of course, Portugal is one of the world's surfing capitals. Surf schools and camps for adults and children operate here all year round.

In Lisbon, cycling is not only physical activity, but also a real alternative to public transport. An extensive network of cycle lanes and a well-developed bike- and kick-sharing system make it possible to get around almost the entire city freely. In accordance with the MOVE Lisbon 2030 mobility concept, a continuous and safe cycle network will be created, linking all the city's neighbourhoods for everyday bicycle use.

Districts of Lisbon

In recent years, Lisbon has become one of the coolest modern European capitals. Winner
numerous international tourism awards, Lisbon
is the perfect example of a city that combines
rich historical and architectural heritage with
of modern innovations.