The China Mail - 'European California' Portugal woos Americans seeking better life

USD -
AED 3.672499
AFN 65.99949
ALL 82.450273
AMD 365.428622
AOA 918.000342
ARS 1496.9958
AUD 1.434967
AWG 1.8025
AZN 1.716238
BAM 1.721359
BBD 2.013906
BDT 123.438318
BHD 0.377046
BIF 2990.670657
BMD 1
BND 1.293522
BOB 11.394171
BRL 5.116014
BSD 0.999912
BTN 95.776272
BWP 13.773983
BYN 2.868333
BYR 19600
BZD 2.01101
CAD 1.410725
CDF 2259.999898
CHF 0.81988
CLF 0.023911
CLP 941.050261
CNY 6.766103
CNH 6.772465
COP 3206.07
CRC 454.937511
CUC 1
CUP 26.5
CVE 97.047602
CZK 21.279099
DJF 178.059224
DKK 6.57623
DOP 58.255845
DZD 133.461993
EGP 50.544047
ERN 15
ETB 161.38823
EUR 0.87975
FJD 2.233204
FKP 0.751676
GBP 0.752695
GEL 2.620082
GGP 0.751676
GHS 11.648529
GIP 0.751676
GMD 74.000159
GNF 8776.662457
GTQ 7.628058
GYD 209.154238
HKD 7.841675
HNL 26.786775
HRK 6.629304
HTG 130.681218
HUF 317.507494
IDR 18104
ILS 3.056465
IMP 0.751676
INR 95.76185
IQD 1309.898389
IRR 1375125.000246
ISK 125.290221
JEP 0.751676
JMD 158.344298
JOD 0.709033
JPY 163.925496
KES 129.501624
KGS 87.450532
KHR 4042.422109
KMF 433.000143
KRW 1459.424996
KWD 0.31065
KYD 0.833216
KZT 478.216863
LAK 22662.483112
LBP 89540.527814
LKR 336.007464
LRD 180.980461
LSL 16.802764
LTL 2.95274
LVL 0.60489
LYD 6.415272
MAD 9.380256
MDL 17.698469
MGA 4285.355947
MKD 54.145397
MMK 2100.175193
MNT 3595.831784
MOP 8.076167
MRU 39.997536
MUR 47.490333
MVR 15.460475
MWK 1733.857304
MXN 17.474385
MYR 4.092016
MZN 63.909803
NAD 16.802838
NGN 1365.49034
NIO 36.798099
NOK 9.68196
NPR 153.242387
NZD 1.732455
OMR 0.384506
PAB 0.999916
PEN 3.403626
PGK 4.409454
PHP 61.662946
PKR 277.745633
PLN 3.806235
PYG 6014.812598
QAR 3.645149
RON 4.602898
RSD 103.256966
RUB 78.551393
RWF 1465.851083
SAR 3.749088
SBD 8.064647
SCR 13.533709
SDG 600.500677
SEK 9.73247
SGD 1.293415
SLE 24.249666
SOS 571.466291
SRD 37.730952
STD 20697.981008
STN 21.563105
SVC 8.749378
SZL 16.80514
THB 33.609917
TJS 9.213999
TMT 3.51
TND 2.968844
TRY 47.379604
TTD 6.800739
TWD 32.4065
TZS 2646.993031
UAH 44.966137
UGX 3774.86358
UYU 40.169161
UZS 12048.98807
VES 741.882009
VND 26315
VUV 119.16662
WST 2.751008
XAF 577.325295
XAG 0.017426
XAU 0.000248
XCD 2.70255
XCG 1.802059
XDR 0.717231
XOF 577.327835
XPF 104.964377
YER 238.149849
ZAR 16.784945
ZMK 9001.184777
ZMW 18.698375
ZWL 321.999592
  • RIO

    0.7300

    91.95

    +0.79%

  • BCC

    0.3800

    78.22

    +0.49%

  • BCE

    -0.0600

    21.24

    -0.28%

  • CMSC

    0.0250

    21.75

    +0.11%

  • JRI

    -0.1500

    12.91

    -1.16%

  • BP

    -1.5100

    42.31

    -3.57%

  • GSK

    0.6300

    51.98

    +1.21%

  • BTI

    -0.1400

    60.82

    -0.23%

  • CMSD

    0.0700

    22.05

    +0.32%

  • NGG

    -1.0900

    81.21

    -1.34%

  • AZN

    0.3800

    169.64

    +0.22%

  • RELX

    1.2400

    35.65

    +3.48%

  • VOD

    0.6500

    15.8

    +4.11%

  • RBGPF

    0.0000

    66

    0%

  • RYCEF

    0.5600

    18.73

    +2.99%

'European California' Portugal woos Americans seeking better life
'European California' Portugal woos Americans seeking better life / Photo: © AFP

'European California' Portugal woos Americans seeking better life

Nathan Hadlock moved to Portugal to escape the violence and lack of social welfare he saw in the United States, while still enjoying the sun and sea he had loved in California.

Text size:

"Lisbon checked all the boxes," the 40-year-old American entrepreneur told AFP.

It even has a suspension bridge that is almost a dead ringer for San Francisco's Golden Gate.

"My partner and I were looking to slow life down and enjoy things more. And so we made a list of the top 10 places in the world and Lisbon quickly made it to the top."

The couple, who started a family when they moved to the Portuguese capital in 2020, were drawn by the weather, the good food, the cheaper lifestyle and the ease of travelling to other parts of Europe.

They also wanted to escape the darker sides of US society.

"One of the main reasons (US) investors are looking to move here, is their kids' safety. They often say, 'I don't want my kid to go to school and get shot,'" Hadlock insisted.

"And that's a real thing in the United States that just no one here in Europe has to experience."

Jen Wittman, who uprooted from the Golden State to Lisbon during the pandemic with her husband and teenage son, said the United States was "really kind of falling apart at the seams".

"The George Floyd incident and the pandemic, the political division, the racism... Everything was just getting overwhelming in America."

Having a European social net made a big difference too.

"America is terrible with health care. And it's terrible if you're a retiree and you have a health condition. Essentially in America you can be bankrupted by an illness," the 47-year-old said.

At around 7,000, the number of US citizens living in Portugal remains tiny compared to the 42,000 British expats who had made the country their home.

But while the influx of Brits -- the largest expat community from western Europe -- has begun to tail off, incomers from the States have doubled since 2018.

This year Americans are jostling with the Chinese for top spot among overseas investors lured by Portugal's "golden visas" -- residents permits issued for foreigners prepared to buy property or transfer capital to the Iberian country.

But most come on a D7 visa, which demands they have a regular "passive income" from pensions, rents or investments.

- 'Different mentality' -

Joana Mendoca, a lawyer for migration consultancy Global Citizen Solutions, speaks "almost every day" to US clients.

"Some come because they're digital nomads and want to work from home by the sea," she said.

"There are also entire families, who dream of one day getting their children into European universities.

"And there are retired people who sell everything in the States so they can enjoy a good retirement in Portugal."

Mendoca said Americans had "a different mentality" from other foreign investors, who were drawn to Portugal essentially by residency permits and tax exemptions.

"They really want to come and live here and adopt a different lifestyle," she said, even though the introduction of the golden visa scheme in 2012 has contributed to an unwelcome surge in property prices.

Hadlock started off as a digital nomad in Portugal. Now he works for an investment fund that buys up land for olive and almond groves in the rolling hills of the Alentejo.

The region south of Lisbon reminds him of California's Napa and Sonoma valleys.

- 'Surf and good wine' -

In Lisbon, Hadlock runs get-togethers to develop business ties between California and Portugal. The group calls itself Red Bridge, in a nod to the red suspension bridges spanning San Francisco Bay and the Tagus estuary.

Jonathan Littman, one of the members, still lives in California but is learning Portuguese.

He got to know Portuguese start-ups in Silicon Valley when Lisbon started organising yearly international web summits in 2016.

"We sort of see this as the California of Europe," he said.

"The surfing, the coast... We both have great wine. We both have a love of seafood and healthy cuisine. We both can be a little laid back."

Like her compatriots, Wittman and her family left the States to escape a "divisiveness" that Hadlock said is "pulling the US apart" and is palpable "as soon as you get off the plane".

But Portugal was not their first choice.

"We tried to move to Italy but they were not accepting American visa applicants at all," she recalled. "And so, we were like, 'Who in Europe will take Americans?' And it was Croatia and Portugal."

She and her husband run their own digital marketing company and have no plans to move back.

"It's safe. It's inclusive. We feel safe walking around, we feel safe at night. We do things that we could never do in America without being in constant fear," she said.

X.So--ThChM