The AGCP office, which helps foreign investors establish themselves in Portugal, recorded a 50% increase in interest from North Americans in the country, especially those coming from California.
“They are looking for a plan B, some of them to move and others to have a residence permit, namely the Golden Visa, which allows them to feel that they have the freedom to leave if they need to”, said the co-founder Filipa Pinto de Carvalho.
The trend noticed by the AGCP office reflects something that was visible right from election night when the Google search engine registered an increase in searches for “moving to Portugal”.
Last year, the number of North Americans residing in Portugal increased by 44.2% to more than 14,000 and tourism continues to grow.
With 80% of North American customers located in California, the spike AGCP is experiencing is similar to what happened during the Covid-19 pandemic – and is expected to continue into 2025, with the political and social environment at the root of the increase.
“They are looking for a plan B, some of them to move and others to have a residence permit, namely the Golden Visa, which allows them to feel that they have the freedom to leave if they need to”, said the co-founder Filipa Pinto de Carvalho.
The trend noticed by the AGCP office reflects something that was visible right from election night when the Google search engine registered an increase in searches for “moving to Portugal”.
Last year, the number of North Americans residing in Portugal increased by 44.2% to more than 14,000 and tourism continues to grow.
With 80% of North American customers located in California, the spike AGCP is experiencing is similar to what happened during the Covid-19 pandemic – and is expected to continue into 2025, with the political and social environment at the root of the increase.
