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Why people are investing in the Lisbon life

by Sable International | Aug 20, 2015
  • Investing in the Lisbon property market is not just a wise financial decision, it also allows you to experience life in one of the most beautiful cities in Europe. Many people who take advantage of Portugal’s Golden Residence Permit Programme (which offers a path to EU residency) have chosen to invest in Lisbon.
    Balcony in Lisbon

    Lisbon at a glance

    Lisbon has a long history with migration and the locals have a friendly attitude toward both immigrants and tourists. The city is one of the oldest in Europe and it is bursting with ancient and modern architecture, world-class museums and trendy spaces. 

    What to do in Lisbon

    Participants in the Golden Residence Permit Programme (GRPP) must spend a total of 35 days over the 5 years of their Golden Visa before they can become eligible to apply for permanent residence in Portugal and, later, EU citizenship. But with all there is to experience in Lisbon, you may find that 35 days is not quite long enough.

    Historical architecture


    Founded in 1256, Lisbon is home to two UNESCO World Heritage Sites:
    Jerónimos Monastery and the Belém Tower. There are also several museums and other historic sites that you can visit when exploring the city.

    Hit the beach


    Lisbon’s proximity to the Atlantic Ocean makes it easy for you to hop on a bus, or a train, and head to one of the many nearby
    beaches. With sun-drenched beaches and a sub-tropical climate, it’s easy to see why people are choosing Lisbon when buying property in Portugal. 

    Cuisine


    Another major attraction in Lisbon is the abundance of authentic “mom and pop” style restaurants and cafes in the city. These eateries all serving traditional food and are a display of the locals’ pride in their ancient city’s rich and developed culture.  

    Nightlife


    In the last 20 years many young professionals have moved to the city and the capital has undergone a revival. This migration has lead to an explosion of cafes and high-end restaurants that cater for all tastes and ages. For the young-at-heart looking for some night time revelry, there is always something going on with nightclub festivities typically going on late into the night.

    Some quick facts about Lisbon

    • The city is older than Rome.
    • In 1811 it became the first city to import Guinness from the UK.
    • It produces 45% of the Portuguese GDP.
    • The centre was largely destroyed in 1755 by an earthquake, followed by a tsunami, which was then followed by widespread fires.
    • The Santa Engracia church took over 280 years to build.
    • Its famous trams are actually from America and were colloquially called “Americanos”.

    If you’re interested in taking part in Portugal’s GRPP then take our pre-qualification questionnaire and the Golden Visa Portugal team will get back to you.

    We are a professional services company that specialises in cross-border financial and immigration advice and solutions.

    Our teams in the UK, South Africa and Australia can ensure that when you decide to move overseas, invest offshore or expand your business internationally, you’ll do so with the backing of experienced local experts.

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    Sable International is a trading name of 1st Contact Money Limited (company number 07070528), registered in England and Wales. We are authorised and regulated by the Financial Conduct Authority in the UK (FCA no. 517570), the Financial Services Conduct Authority in South Africa (1st Contact Money [PTY] Ltd - FSP no. 41900) and hold an Australian Financial Services License issued by ASIC to deal in foreign exchange (1st Contact Group - AFS License number 335 126).

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