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Americans looking to move abroad prefer Portugal over Spain

Americans looking to move abroad prefer Portugal over Spain

Analysis of Google data by My Dolce Casa has found that Portugal was 2022’s most searched for European country by Americans interested in moving abroad. According to the site:

“More and more Americans are considering moving abroad in search of a better quality of life, safety and good weather, and Europe has long been a favorite destination that checks these boxes. But one European country in particular has been much talked about throughout 2022 as a highly sought-after destination to live in: Portugal”.

During 2022, searches for Portugal each month topped 41,200, demonstrating a year-on-year increase of 30 percent, and knocking long-time favorite Spain off the most desired country to live in. My Dolce Casa continues: “In 2022, Spain was Americans' second favorite country to live in, with 38,900 average monthly Google searches, up 9% from 2021. At a great distance behind was Germany, with 15,300 searches, followed by Ireland with 13,200 and Italy, surprisingly only in fifth place, with a combined 12,600 searches per month.

“Moreover, Portugal saw the highest percentage and net increase in Google searches compared to the previous year, when Spain was the definitive leader, with 35,400 monthly searches in 2021. Simpler, less stringent immigration requirements and lower taxes have given Portugal an edge over Spain. It is worth noting that Portugal is about five times smaller in size compared to Spain, which makes this tiny but mighty country's achievement even more impressive.

“With a combined 80,000 Google searches per month, the top two countries dominate the ranking, making the Iberian Peninsula the hottest region in Europe this year for U.S. citizens looking to relocate abroad”.

My Dolce Casa cites the lifestyle, safety, weather and availability as some of the top reasons behind the boom in interest but claim that the top reason for Americans to move to Portugal is the cost of living: “But possibly the most compelling reason of all is the lower cost of living compared to the United States, and particularly the (still) affordable home prices. With an average price per square foot currently at $135, houses in Portugal are 3-5 times cheaper than home prices in many cities in California or in the North-eastern United States”.

 

Source: The Portugal News