When thinking about relocating, many people ask: "Can I move to Portugal without a job?" This question is crucial for many potential expats, so let's delve deeper into this topic.
The thought of moving abroad might seem daunting, especially without a job waiting. However, Portugal offers unique possibilities that can turn your relocation dream into reality, even without immediate employment.
Moving to a new country means navigating through some paperwork. This might involve obtaining a Portuguese NIF, or acquiring a Portugal Visa. All these elements form the vital toolkit for your Portuguese relocation.
While relocating to Portugal without a job might seem intimidating, it's entirely doable. You'll need to show that you have sufficient funds to support yourself. Depending on the visa type, this means proving you have at least €9,120 in your bank account. You should be prepared to provide up to 6 months of bank statements. Ideally, these funds should be in a Portuguese bank account, as this sum represents approximately 12 months’ income in Portugal.
While Portuguese salaries might seem lower than those in the US, UK, and other parts of Europe, remember that the cost of living is generally much lower in Portugal.
If you have the opportunity to work remotely, Portugal could be the perfect destination for you. Portugal is regularly ranked as one of the best places for remote workers and even offers a new Digital Nomad Visa, also known as the D8 Visa.
Relocating to another country is a significant step. The Movingto team is here to ensure your journey is smooth, helping you turn potential challenges into stepping-stones towards your new life in Portugal. Contact us today.
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