by Tamra Cruz 29th March 2023
British buyers are keener than ever to move to Portugal – and faster too

Portugal’s diversified offer and connectivity inside Europe is proving to be a crucial driver for the British buyer.

 

Last Thursday (March 23), the Moving to Portugal Show and Seminars, organised by the Portuguese Chamber of Commerce in the UK, returned to central London at the Pestana Chelsea Bridge Hotel.

 

As the UK’s only events dedicated to matching Portuguese lifestyle brands and property agents and developers with British movers who want their services, the show provided a one-stop-shop for visitors seeking information from exhibitors and from the event’s detailed seminar programme.

 

The Moving to Portugal events started in the UK in 2016, and over 8,000 UK-based visitors have now attended at least one live show.

 

The Portuguese Chamber’s analysis of its recent visitor registration data highlights that British buyers are keener than ever to move, with 36.8% of last week’s registrants planning to move to Portugal within the year, the highest proportion ever recorded.

 

Moreover, thanks to the Chamber’s new year-round digital social media campaign, the Moving to Portugal database is now continually attracting new registrations, with 82.6% of recent visitors to the live show having never attended an event before.

 

Portugal’s diversified offer and connectivity inside Europe is proving to be a crucial driver for the British buyer.

 

Research among visitors at last week’s show indicated that Lisbon and Algarve are still the most desired locations – not for the traditional second home/retirement reasons but because the new breed of visitors want to learn more about working remotely and opening a business in Portugal.

 

This new trend is driven by young families and remote workers who, along with active seniors, value Portugal’s healthy quality of life.

 

Thirteen exhibitors took part in last week’s Moving to Portugal event, among them Global Citizen Solutions, Garvetur, TPMc, Currencies 4 You, Emigre.EU, Futuro Real Estate, Vic Properties, Blevins Franks, Fine & Country Algarve, Edge International, Santander Totta and Ombria Resort.

 

Alongside the exhibitors, the seminar programme ensured attendees could learn from experts about residency, visas, tax, mortgages, pensions and properties for sale around Portugal.