After more than 10 years contributing to the real estate and national economy growth, the golden visa regime in Portugal is coming to an end.

Thinking of a staycation in Portugal this year, then a road trip should be on the cards as Portugal takes the top spot in Europe.

This is according to the latest 2020 Global Peace Index (GPI), by the Institute for Economics & Peace, which compiles the 'ranking' of the world’s safest countries. Portugal’s Ministry of Home Affairs has said it is happy with the results. Portugal is the third safest country in the world to live and work according to the Global Peace Index. Portugal appears in third position, after Iceland and New Zealand. In 2014, Portugal ranked eighteenth on the Index, having climbed to third position in 2019.

What are the predictions for the 2023 housing market in Portugal? Is it better to rent or to buy? How are prices being affected due to rising interest rates, inflation, and the war in Ukraine? These are questions frequently asked by foreigners seeking guidance in unfamiliar territory.

Portugal has been recognised as the best place in the world to retire to in 2023 according to the Annual Global Retirement Index from International Living.