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Expats are moving to Portugal

latimes.com

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Re: Expats are moving to Portugal

#21

Post by Kaze404 »

jorl17 wrote: post #16
maxlamb wrote: post #12

Earlier quoted context omitted.

I think the reason is that the majority of people moving in to Portugal are nomads who already have high salaries, and the Portuguese trying to get out either have low salaries or are unemployed.

Most of my friends are very much employed, pretty smart (they'd get a job pretty much anywhere, probably FAANG, too) and they are either out of the country or want to get out. In general, they want higher salaries (like you mentioned), but there also seems to be a clear disdain for most of the portuguese cultural heritage, to be honest. This might be an ecochamber (I'd put money on it being the case) but most people…

> I find it somewhat atrocious how much we like to tell the great stories of how we went and stole, raped, killed and enslaved during the time of the discoveries, all for our own pleasure (and that of our religion).

Is that really the general consensus over there? I'm trying to think of a way someone would rationalize decimating entire tribes over wood as a good thing but I'm coming up short.

Re: Expats are moving to Portugal

#22

Post by pydry »

jorl17 wrote: post #10
nazavo wrote: post #6

Portugal has been extremely popular with the nomad community too. A good dozen of friends of mine have already moved there through NHR and lots more are in the works. There are also projects like rebase.co, which make things super easy to set up base in the country. It seems like it's getting to a point where Portugal so popular, it might steer people away from itself instead.

It's amazing that people within the country (I live in Portugal and am portuguese) mostly want to get out, and so many people seem to want to get in (to work outside). I genuinely don't 100% get it.

I noticed when I last visited that many uber rides were like, 2.50 eur.

Kind of makes sense in that context. If youve got money the country is great. If you need to earn it it sucks.

Re: Expats are moving to Portugal

#23

Post by vmception »

rektide wrote: post #15
vmception wrote: post #11

Earlier quoted context omitted.

So, which part of what you wrote was the opposite of what I wrote? California has a lot of people that fit the bill that you just described. This is an LATimes article about Californians in Portugal. Everywhere I went over the last 2 years had California remote workers doing the same thing in that location. California has a lot of decently capitalized remote workers who dont require to be subjects of California’s or…

> So, which part of what you wrote was the opposite of what I wrote? The part where you said any group of people, and I said a very wealthy group of people.

I think there are at least 400,000 Californians (1%) that are wealthy enough and flexible enough to be in that global 0.03% cohort you mentioned

Re: Expats are moving to Portugal

#24

Post by groby_b »

Kaze404 wrote: post #21
jorl17 wrote: post #16

Earlier quoted context omitted.

Most of my friends are very much employed, pretty smart (they'd get a job pretty much anywhere, probably FAANG, too) and they are either out of the country or want to get out. In general, they want higher salaries (like you mentioned), but there also seems to be a clear disdain for most of the portuguese cultural heritage, to be honest. This might be an ecochamber (I'd put money on it being the case) but most people…

> I find it somewhat atrocious how much we like to tell the great stories of how we went and stole, raped, killed and enslaved during the time of the discoveries, all for our own pleasure (and that of our religion). Is that really the general consensus over there? I'm trying to think of a way someone would rationalize decimating entire tribes over wood as a good thing but I'm coming up short.

Have you met Americans? And the myth of "conquering the West"?

Heck, we just had a president who thought Andrew Jackson was the best thing since sliced bread - and that guy is sort of the textbook definition of a cheerleader for genocide and slavery.

So, yes, people rationalize a whole lot of truly horrible stuff if it was "their" group doing the horrible stuff.

Edit: To be clear, that's not specifically about Americans or Portuguese. The "when we did it, it was good, but otherwise it's horrible" thing is a pretty universal trait.

Re: Expats are moving to Portugal

#27

Post by kmonsen »

Kaze404 wrote: post #21
jorl17 wrote: post #16

Earlier quoted context omitted.

Most of my friends are very much employed, pretty smart (they'd get a job pretty much anywhere, probably FAANG, too) and they are either out of the country or want to get out. In general, they want higher salaries (like you mentioned), but there also seems to be a clear disdain for most of the portuguese cultural heritage, to be honest. This might be an ecochamber (I'd put money on it being the case) but most people…

> I find it somewhat atrocious how much we like to tell the great stories of how we went and stole, raped, killed and enslaved during the time of the discoveries, all for our own pleasure (and that of our religion). Is that really the general consensus over there? I'm trying to think of a way someone would rationalize decimating entire tribes over wood as a good thing but I'm coming up short.

My ancestors were Vikings. We all have skeletons in the closet

Re: Expats are moving to Portugal

#28

Post by quantified »

rektide wrote: post #3
quantified wrote: post #2

People with means or with luck of their home economy are learning how destabilizing wealth disparities can be when you move your wealth around outside of the plutonomy. They’re not feeling destabilized, but their new environs is.

> They’re not feeling destabilized, but their new environs is. That they are feeling (vastly) better off than they would have IS a destabilization, just not in the negative sense.

That seems valid.

Re: Expats are moving to Portugal

#29

Post by edmcnulty101 »

fernly wrote: post #14

For those intrigued, Greece has a "Golden Visa" program with a mere €250,000 buy-in. Spain has one at €500,000, same as Portugal. I would think Spain, with its larger cities and a language that is more familiar to most Californians than Portuguese, would have greater appeal. Ireland offers an "investor" residency program with a €1M buy-in. Just as charming and scenic, although worse weather, plus they speak something…

Do you have to pay 250,000 for the Visa?

Or just have that much in your bank account?

Re: Expats are moving to Portugal

#30

Post by lifeplusplus »

Gentrification isn't a bad thing or not any worse than what has been happening. Take Brooklyn in NYC it went from.. British farmers, to Irish, to black, to Jewish, to Russians, to Spanish... Things change world changes everything changes
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