As political landscapes evolve, many consider moving abroad for stability and new opportunities. Portugal, with all its allure, has become a favoured destination for North Americans, as well as other countries scattered around the globe. However, this significant relocation requires careful preparation amidst political changes

Rafael and I have decided to approach 2024 (the auspicious year of the Dragon) head on with a renewed strategy and a clear vision. We shared what we wanted to change in our new year’s resolution and now we are laying out what we want to achieve.

With the investment by real estate rule changes to Golden Visa, NHR regime getting retired and topping that off with the Prime Minister of Portugal resigning, we felt like we were barely able to catch our breath.

Opening a bank account is not difficult in Portugal but it does take a lot of patience and perseverance. If you are abroad, it may be more exhausting for you to spend your energy capital on trying to open a bank account from a different country than if you were in Portugal.