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Kiplinger
Kiplinger
Business
Brian O'Connell

Where to Retire: Living in Portugal as a US Retiree

View of Lisbon and ocean from a veranda covered in azulejos, or blue tile common to Portugal.

Editor’s note: "Where to Retire: Portugal" is part of an ongoing series on retiring abroad. Note that Portuguese nationality law is in flux, as described below. To see all the articles in the series, jump to the end.

Thinking of living in Portugal in your retirement? You won’t be alone. Over 14,000 U.S. citizens reportedly reside in Portugal, with the number of Americans rising by 239% from 2017 to 2022 alone. Retirees are especially drawn to Portugal due to some of the attributes older Americans want most — a warm and arid climate, a low crime rate, more bang for one’s retirement buck, beautiful beach vistas along the Atlantic Ocean, and a great (and affordable) cost of living.

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