Foreign citizens choose Portugal not only for travel and investment, but as the perfect destination to live in!

Today, we can say with certainty that the plans that the Portuguese government initiated about a decade ago to attract investors have yielded excellent results that speak for themselves. Portugal is a beautiful country with countless opportunities for business and economic development. This is why in the last decade foreign nationals from all over the world, including us, Israelis who are entitled to Portuguese citizenship under the Citizenship Law enacted in 2015, choose to move to it, live in it, work, purchase properties on favorable terms and conduct business with favorable taxes.

According to data from the National Statistics Institute in Portugal published on The Portugal News website, the number of foreign citizens in Portugal has increased by 40% in the last decade! This is a huge number that proves how comfortable Portugal is for living according to the parameters of all global indices.
In this article, we will tell you where the oldest and youngest population lives in Portugal, where the population of foreign citizens is concentrated, and by what percentage the population of Portugal has decreased in the last decade.

Over the past 10 years, the country has lost 217,376 people, a drop of 2.1 percent that results from a difference between births and deaths of 250,066 people. The last time that there was a population loss between Census was in 1970, as a result of high emigration in the 60s.

The number of people aged over 65 has increased by 20.6 percent since 2011, with 2,424,122 individuals in this age group, representing 23.4 percent of the Portuguese.

Currently, Oleiros (Castelo Branco), Alcoutim (Faro) and Almeida (Guarda), are the Portuguese municipalities with the oldest population, while Ribeira Grande and Lagoa, in the Azores, and Santa Cruz (Madeira) are the youngest ones.

On the other hand, the country increased the number of ex-pats, who now represent 5.4 percent of the total population in the country, increasing by 40.6 percent compared to 2011.

Among foreigners residing in Portugal, 452,231 (81.4 percent of the total) are from countries outside the European Union and “the majority” of municipalities with the highest presence of foreign population are located in the south of the country, namely in the Algarve region and in Lisbon.

Since 2011, the municipalities located in the interior of the country have lost population and the municipalities that have registered a population growth are located, above all, on the coast.

According to Census2021 Portugal is now more qualified than a decade ago and, currently, 38.7 percent of the population has at least completed high school. In the report, INE highlights that, in general, “the level of education of the population has increased”.

Looking at households in Portugal, a third have two people, while a quarter is people living alone. Overall, the size of households has dropped in the last ten years and in 2021 there were 4,149,668 private households and 5,476 institutional households. In addition, the number of buildings for housing is 3,573,416, representing an increase of 0.8 percent.

Read another article on the subject: Portugal’s population decreases! 

If you are interested in details about issuing a Portuguese passport, different types of residence visas, different investment plans, hours in real estate, and gold visa programs, you are welcome to contact us and we will be happy to help you!

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