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Why Is Portugal Ideal for Buying Property People buy real estate properties in other countries for many different reasons. if you are escaping the climate of your country, then you can look for a country with a good climate, or if you simply want to have a new way of life, then this is also a good reason for wanting to live abroad. Whatever your reason may be, moving to another country will be one of the most important decision you are likely to make. Important matters have to be decided upon if you plan to live abroad including the place to live, place to work, school for your children, and others. But one thing is certain, and that decision you will make should be financially viable. If you are planning to buy property in another country, you should consider buying in Portugal. There are many benefits to living in this country located in the Iberian Peninsula, in terms of return on investment and lifestyle. the time it takes to reach Portugal from London is only 2 hours and 40 minutes. Portugal is easily accessible so that it is a perfect as a weekend retreat or a permanent home.
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There is also a booming tourism industry in Portugal. There is no over population in Portugal. This is the reason why this country is very ideal for a holiday day home which you can rent out if you are not using it. It will also be a good place for permanent residence.
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This country also boasts of beautiful golf courses. Thousands of golfers come to this country every year to play the sport. Portugal is the country for retirees with a penchant for golf. When it comes to politics, this country is politically stable and a member of the EU since 1986. Because of EU investments, their transport infrastructure has improved and which is also responsible for the growth of its economy. Residents of other EU countries can enter and live and work in Portugal even without a visa. Portugal boasts of a great and stunning climate. Every year, it enjoys plenty of hours of sunshine. They have long coastlines with over 200 beaches and 14 marinas which provide stunning waterfront apartments over the coast. If you want quiet seclusion or a place to have parties, you can get one of the beach apartments. It is a big commitment to move to another country. You can also start your own business to finance your lifestyle. The good thing is that Portugal has some of the lowest corporate taxes in western Europe. Portugal’s protect market has considerably risen. It is one of the top locations for investments. For expat communities, Portugal has good international schools. They have high levels of education which are cheaper than many private schools in the UK.