EU Helpers indicates that the majority of visitors (54.5%) came for information on residency and visas, followed by tax information (46.6%), home costs (42.2%), and investment opportunities (378.8%). This information is attributed to Portuguese media.
The organisers noted that the increase in interest indicates a shift in the market.
Three more events are scheduled for the following year: two in London in March and October of 2024, and one in Dublin in early 2024.
A 2020 SEF report states that approximately 46,238 UK citizens resided in Portugal, the majority of them were in the Faro region.
More precisely, 23,027 people, or 49.8% of the population, reside in Faro, with 9,633 people, or 20.8%, living in Lisbon. Two other popular locations for UK citizens in Portugal are Coimbra and Leiria. In these two Portuguese cities, 4,959 British citizens reside, making up 10.7% of the total population.
Additionally, the data demonstrates that between 2010 and 2019, the percentage of British citizens increased steadily and reached 34.6%.
In actuality, though, Portugal has some of the most expensive housing costs in all of Europe; with an average price per square meter of almost €10,000, Portugal is the second most costly country in the area to purchase a home. The first is Switzerland, where a square meter costs about €13,280 and a house costs over €1 million.
Furthermore, the cost of a house in Sweden can reach €699,200, with a square meter costing approximately €6,992. Sweden is another country where housing is expensive to purchase.
The Netherlands (€411,600), Germany (€480,000), and France (€463,900) all have lower prices in their rural regions than in their cities.
However, Lithuania (€114,500), Romania (€137,000), and Bulgaria (€165,000) have the lowest prices per square meter.