Why I plan on leaving Portugal after moving here from the USA

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  • เผยแพร่เมื่อ 26 ธ.ค. 2024

ความคิดเห็น • 66

  • @pures1n
    @pures1n ปีที่แล้ว +3

    My goal is to basically set up multiple home base. 1. Portugal 2. UAE 3. Malaysia. Never have to rent/hotel in any of the countries & have all the stuff that makes you feel at home in each place. Portugal/Malaysia = cheap. UAE is expensive. Sounds like you're kinda doing what I'm thinking of doing. :D

  • @babyben1961
    @babyben1961 ปีที่แล้ว +1

    80% Humidity in Singapore and Malaysia. Today in Dubai is 101°F. Portagul is where you want to live. Just travel to other places. But come back to the best place. PORTAGUL!

  • @savioagente1
    @savioagente1 ปีที่แล้ว

    Great video, @Kylie! The flexible nature of remote work is what appealed to me back in the days when I also decided to work remotely. Good luck on your plans 🙌

  • @300rivers4
    @300rivers4 ปีที่แล้ว +1

    Singapore and Malaysia are great spots. Clean, safe and offer a ton of variety.
    Good luck whatever you decide to do.

    • @bomdiakylie
      @bomdiakylie  ปีที่แล้ว +1

      That's great to hear - thank you and thank you!

  • @shyamdevadas6099
    @shyamdevadas6099 ปีที่แล้ว +3

    Just my opinion, based on my own life and the lives of other people who have lived abroad. Essentially, it makes no sense to fall in love with any place until you've achieved some financial stability. This is especially the case when you are young. The reason for this is that there is a very high likelihood that conditions will change, either in the country you live in or in the one you plan to live in. In almost 40 years of traveling and knowing people who have traveled, I've seen it all. Sudden changes in politics, law, economics, society, or even natural events. Medical issues are a big one, as well. This isn't far-fetched, at all. Malaysia just quadrupled its minimum annual income required for expats from $2500 to $10,000 per MONTH. It is also going to start limiting the places where expats can live. Canada put a 1-year moratorium on expat real estate purchases that are seen as investments. New Zealand upped their minimum expat house purchase price to $350K. Floods, earthquakes, droughts, and even volcanic eruptions have sent friends of mine fleeing back to the U.S. Changes in tax laws and tax rates can create sudden financial issues for expats who are tightly budgeted. However, this is not a discouragement on travel or even living abroad. It most certainly is a recommendation to have a real back-up plan. In general, this means a place that you can retreat to on short notice and the money needed to make it happen. It also means having freedom and mobility. Think twice about buying that pet or furnishing your apartment. In the end, one of the most exciting things about travel is taking the risk of stepping out of your comfort zone. But, as with all risk, having a financial cushion is a good mitigation strategy.

  • @IberianLife
    @IberianLife ปีที่แล้ว +2

    I wish you all the best, Kylie. You have to do what makes you happy and while you’re young. Are you planning to keep Casa Azul? I was thinking about contacting you/the company in the fall for when I move there. Apartment hunting seems to be getting more difficult in Portugal, especially Lisbon.

    • @bomdiakylie
      @bomdiakylie  ปีที่แล้ว +1

      Thank you, Howie! Yes, I'm planning to keep Casa Azul. Please send me an email or fill out the form on my website when you're ready to look for an apartment, I'd be super happy to help you. Yes.. to put it simple, it's crazy here!

  • @user-cj9zx1me7b
    @user-cj9zx1me7b ปีที่แล้ว +2

    Hi! Keep us posted, please! I have just started watching you. You are wise beyond your years and should experience all that you can, while you can. I too love Portugal and it is up north that has my heart. You would benefit from reaching out to Josh and Kaylie from Expats Everywhere. They have been on the move since 2009 and have lived in Singapore, Southeast Asia, Kenya, etc., etc. They have settled for the past few years in Porto, Portugal. Absolutely lovely, helpful people with great perspective. Bom Dia and Safe travels!

    • @bomdiakylie
      @bomdiakylie  ปีที่แล้ว

      Hi M, thank you for your kind words! Northern Portugal is lovely... I'm a huge fan. Funny you say that, I was actually on Josh and Kalie's podcast last week! I will have to talk to them about their experiences in other countries.

  • @elenabeliman5694
    @elenabeliman5694 ปีที่แล้ว +5

    Portugal has become insanely expensive in the last year, the housing prices went over the roof. So if you are a foreigner that works on PT wage I can't even afford a T1 by myself. I consider moving.

    • @zanita66
      @zanita66 ปีที่แล้ว

      It went up because of all the remote workers moving there.

    • @k-dogg9086
      @k-dogg9086 ปีที่แล้ว

      And even all the American expats go it'll go back to normal?

  • @atlanticcorgi7740
    @atlanticcorgi7740 ปีที่แล้ว +1

    Did you use a service to get your NIF? If so will you have to pay the ongoing fiscal representation fee after you leave Portugal?

  • @rickchandler2570
    @rickchandler2570 ปีที่แล้ว +6

    I’d be doing the same thing if I was your age. If you have a chance to experience the world, go for it!

  • @Bohemiahotrodandcustom
    @Bohemiahotrodandcustom ปีที่แล้ว

    Have you considered Ireland as a destination? Or do you prefer the warmer countries?

    • @bomdiakylie
      @bomdiakylie  ปีที่แล้ว +1

      I have considered Ireland! Many great things about moving there from what I understand. I do prefer the warmer countries, but beyond that it seems like there is a lot to like about Ireland.

  • @neverthedestination
    @neverthedestination ปีที่แล้ว +2

    An honest look at your life 😊you really are beyond your years. All the best whatever you decide…

  • @hypnotechno
    @hypnotechno ปีที่แล้ว +1

    this is my favourite channel

  • @robertjamesstove
    @robertjamesstove ปีที่แล้ว +1

    Malaysia tends to be underrated (at least, Kuala Lumpur does; I've never been anywhere else in the country). As well as being inexpensive - I recall paying only around AUS$4 for a 30-km taxi ride to the airport! - it was fairly safe; in my experience the locals spoke English; and the British heritage was pleasantly visible when I visited.

    • @bomdiakylie
      @bomdiakylie  ปีที่แล้ว +2

      That's great to hear.. thanks for sharing your experience! I will be visiting in the fall - really looking forward to it.

    • @shyamdevadas6099
      @shyamdevadas6099 ปีที่แล้ว

      I love Malaysia, as well. It is a really great Asian country due to it's multi-cultural nature and excellent economy. HOWEVER, there have been MASSIVE changes in the past 18 months. The country is as beautiful, stable, and fun, as it ever was. But, their attitude toward expats...or to be more precise, SOME expats has changed. The government has actually stated that they are looking for "a better quality of expats". The "Malaysia: My Second Home" (MM2H) program has been changed to filter out lower-income expats or those who just want to spend less. The minimum monthly expat income requirement has been quadrupled to $10,000 per month. They are also working toward limiting where expats can live. Some provinces are more restrictive than others. Be very careful and study the new policies closely. (Any information older than 6 months is probably outdated.)

    • @bomdiakylie
      @bomdiakylie  ปีที่แล้ว +1

      @@shyamdevadas6099 Hi Shyam! Really...? A $10,000 per month income requirement... that's crazy! Good to know, though. That's pretty significant! I have a lot to learn about Malaysia and what programs are available to expats, but that certainly will make getting there more challenging for a lot of people. I guess I've got a lot of research to do, and maybe more money to make!

    • @tinglestingles
      @tinglestingles ปีที่แล้ว

      @@bomdiakylie Look at Sarawak's MM2H program - more like the former MM2H requirements, plus you can live anywhere in Malaysia.

  • @Ahmad_intel
    @Ahmad_intel ปีที่แล้ว

    Dubai is expensive , market itself as zero tax but cost and fees are equivalent as paying tax. It is very safe correct on that .

    • @zanita66
      @zanita66 ปีที่แล้ว

      Dubai is SUPER EXPENSIVE!

  • @bkingston7207
    @bkingston7207 4 หลายเดือนก่อน

    I heard you will need a Vaccine passport to do most things like shop, medical etc

  • @bjm-ys2uv
    @bjm-ys2uv ปีที่แล้ว

    When you say there are other good countries you are considering moving to, what countries?

  • @Majeed_707
    @Majeed_707 ปีที่แล้ว

    Hi Kylie
    hope you see soon in dubai,wish u all the best😊

  • @ritaswider3132
    @ritaswider3132 ปีที่แล้ว

    By the way, there are a lot more places to live than Lisbon , in other cities, plus Madeira and Azores

  • @s.b.4877
    @s.b.4877 ปีที่แล้ว +10

    Nice clickbait Kylie.

  • @progresso33
    @progresso33 ปีที่แล้ว

    Did you leave already?! 🤔

  • @manuelmachado1276
    @manuelmachado1276 9 หลายเดือนก่อน

    awesome

  • @andrebarbosa224
    @andrebarbosa224 ปีที่แล้ว

    Haven't been home to Portugal in 20 years and fear how much it has changed but that's life I guess. Hopefully things will cool off there and honestly I hope the Americans leave but they, like the British are there to stay

    • @elenabeliman5694
      @elenabeliman5694 ปีที่แล้ว

      I don't think the Americans are entirely the problem. Mostly these immigrants usually behave, pay taxes and don't put pressure on the system. There are a huge number of other immigrants from other countries that usually overload the system much more. Also, the golden visa thing that was done a lot of harm.At the same time there is a lot of incompetence and curruption, high taxes for some and minimum for those that avoid them. Also I don't know where those taxes go. A lot of bureaucracy, a financas building in every neighborhood almost. A lot of old buildings left to be destroyed while people don't have houses to live in and new ugly once being constructed while the historical heritage gets in ruins. Lived in Leiria for a while, was so sad to see it basically entirety in ruin, but people seem to care about cars, highways, parking lots and new buildings..

    • @k-dogg9086
      @k-dogg9086 ปีที่แล้ว

      @@elenabeliman5694 can't people squat in there's enjoy houses and make it their own for free or cheap? Can they buy them affordable or cheap and fix them?

  • @hypnotechno
    @hypnotechno ปีที่แล้ว +1

    not singapore the endless humidity is too much. it's good for very wealthy as the tax regime quite good. i love this channel

  • @kindeveryone
    @kindeveryone ปีที่แล้ว +2

    I have been to PT several times.. There are definitely better places to live permentley... PT is good for a holiday.. But now that it's becoming more expensive & extremely over crowed it's loosing ground in this dept also.

    • @paulocaetano3243
      @paulocaetano3243 ปีที่แล้ว +1

      People "found" Portugal and came to live. Came in droves. As a result, everything gets more expensive. Then, the same people complain stuff is getting expensive and wanting to leave. Ironic. Creating the country-wide gentryfication effect they ran away from in the first place. Not to mention getting the passport after living a few years is insane.

    • @kindeveryone
      @kindeveryone ปีที่แล้ว

      @@paulocaetano3243 Poor Government Policies

    • @paulocaetano3243
      @paulocaetano3243 ปีที่แล้ว

      @@kindeveryone also true

  • @lorilafferty4099
    @lorilafferty4099 ปีที่แล้ว

    Ann frank

  • @teddydavis2339
    @teddydavis2339 ปีที่แล้ว +3

    I feel that people, especially Americans, romanticize Portugal too much. I feel sorry for the Americans or people who plan to live there and not learn the language. They will never be able to enjoy the culture.
    They is a lot of misinformation about Portugal to the rest of the world. At the end of the day, Portugal is a poor country. The wages are extremely low, and the rents are high. The people are friendly on the surface, but it's very hard to make Portuguese friends.
    No place is perfect. Not even Portugal.

  • @erickarnell
    @erickarnell ปีที่แล้ว +1

    If you are on a D7 visa you can stay in Portugal for 183 days per year and keep renewing. That means keeping your tax residency in Portugal.

    • @grizfan93
      @grizfan93 ปีที่แล้ว +2

      No you can't. The D7 visa is good for 120 days. During that time, you will convert that visa to a 2-year Título de Residência residency permit. Under the terms of that permit, you must spend 16 of those 24 months in Portugal, with no absence greater than 6 months. People constantly confuse a visa vs a residency permit, and even mix in tax residency, which is completely separate.

    • @tinglestingles
      @tinglestingles ปีที่แล้ว

      @@grizfan93 There is an interesting clause in Article 85 paragraph 4 (referring to the cancellation of residency permit... "4 - The residence permit is not canceled for citizens (also includes residents) who are absent for periods longer than those provided for in paragraph 2, when they prove that during their absence from national territory, they carried out professional or business activities or activities of a cultural or social nature." If your absence falls into one of these categories, then there is significant leeway, especially if the absence was due to 'social nature'... holidays, visiting friends, expeditions, adventures, tours etc... My thoughts... as long as you keep paying Portuguese tax, they will be more than happy to keep you as a resident. It's all about money, isn't it?

  • @ritaswider3132
    @ritaswider3132 ปีที่แล้ว +4

    Goodbye, don’t come back!

  • @dosdeyamaguchi9675
    @dosdeyamaguchi9675 ปีที่แล้ว

    Oh that me me me, I I I generation
    Here, here a dog biscuit for you

  • @k-dogg9086
    @k-dogg9086 ปีที่แล้ว +1

    You'd feel safer as a woman in dubai United Arab Emirates than you do in Portugal?????? 🤣 😹 😂
    That's a good one! LOL

  • @ciprianoneves7246
    @ciprianoneves7246 7 หลายเดือนก่อน

    Who cares….
    Singapore, Dubai…..Malasia?
    BLAH….