Why Americans are buying real estate in Madeira, Portugal and getting EU passports?

Mass shootings, overpriced healthcare, extreme working hours, no annual leave entitlement, abortion ban, a split society, high suicide rates; it’s no wonder more and more Americans are escaping the land of the free to find well, more freedom. Do you know that over 8 million people in the States take anti-depressants? These drugs may improve your mood, but they can’t improve your quality of life.

Which explains why an influx of Americans have been flocking to Europe to seek a better quality of life, but to legally live in Europe you need a residence or work permit so how are so many Americans relocating to Portugal? Portugal offers one of the world’s most sought-after Golden Visa programs where you don’t just come away with a visa, after 5 years you can come away with an EU passport. Portugal’s Golden Visa entitles you to Portugal’s excellent free education system, quality healthcare, low taxes and of course visa-free travel throughout the Schengen.

So, what’s the catch? The only catch is a requirement to invest a minimum of €280k, which is commonly invested in Portugal’s ever-growing property market. Win, win.

The predicament is how to choose where in Portugal to invest when there are so many perfect options. Well, whilst nowhere in the world is perfect there is one place in particular, that according to Brent, a44-year-old from Detroit, ‘is as close to perfect as you can get”. Brent and his family moved to the idyllic island of Madeira in Portugal 3 years ago to take advantage of the 5% corporate tax rate available for businesses. They now call the island, full of beautiful beaches, natural lava pools and wild forestry, home.

Due to the increased demand, DRP Advisers, a leading Portuguese real estate consultancy, opened a subsidiary office in Madeira. Their unique one-stop shop has an international team of specialists, who not only have the most desirable portfolio of properties I’ve ever seen, but who also have the most in-depth knowledge in all regulations related to investing and living in Portugal. Essential for someone like me! DRP QUOTED “Buying and investing in Portugal can be overwhelming if you are not aware of the local legislations. Our experts custom make our offerings to fit our client’s needs.”

The year-round sunshine, almost non-existent crime rate, lowest cost of living in Europe destination is a world away from the suicidal states of America. It’s no wonder so many Americans are taking the leap to Madeira and Portugal in general.

About DRP Advisers

DRP Advisers are the leading Portuguese real estate consultancy for locals and expats around the world. Their offerings include everything from real estate investment, Golden visa programs, NHR application, lawyers’ guidelines, and in-depth advisory services.

DRP Advisers rapidly grew into a one-stop shop solution for properties and investments. Their unique method does not stop at property and investments as their international team of experts will custom tailor their services to meet the clients’ needs and guide them through each step of their new home or investment process. With their wealth of experience and trained specialists they will even project manage the entire process on their clients’ behalf.

They opened their flagship office in 2015 in Portugal’s capital, Lisbon and due to the increased demand in the market they branched out their offerings by opening subsidiary office in the beautiful island of Madeira.  Here they were able to welcome international clients looking for real estate investment opportunities and Golden visa properties and services.  

Contact DRP Advisers for more information about relocation, Golden Visa and real estate in Portugal.

WE HAVE THE RIGHT PROJECT FOR YOU, LET’S DISCUSS

+351 912 585 085

renata@drpadvisers.com

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