Hello, everyone, here’s the MoveToCascais service and our regular column: “Answers to your most frequently asked questions”. Today we’re at the riding school here in Cascais, which, by the way, is a great place to spend a weekend here with the kids. And so the first question.
The cost of public transport in PortugalThe first question is the cost of travel on public transport. It depends on the area you live in. For example if we are talking about the Lisbon area a monthly pass will cost you 30€. You can also buy a pass for the entire Greater Lisbon area for 40 euros. You have to wait 10 working days for it to be processed, in which case the whole procedure is free, or it can be done in 1 day, in which case the cost of processing. People living in Cascais can use the buses for free, with a pass for 7 euros.
Cost of health care in Portugal
Portugal has an inclusive health care system. This means that even if you are not a citizen or resident, health care in Portugal is free. The only thing you will pay for an urgent visit is 18 EUR but for an ordinary visit only 4.5 EUR.
The cost of renting and buying a home in Portugal
It really depends on the location where you want to rent an apartment. If it’s near the ocean in a big city like Lisbon, Porto, Faro or Cascais a studio would cost around 670 euros per month. If we are talking about a two-bedroom apartment – approximately 1000 – 1500 euros.
If you want to buy an apartment in Lisbon, Porto or Faro, near the ocean, a studio will cost 350 thousand euros. If a two-bedroom apartment, in the range of 400,000 to 700,000.
The cost of a personal car and its maintenance in Portugal
Insurance will cost between 300 and 500 euros per year, and taxes will be between 60 and 150 euros. The technical inspection is 30 euros. If we are talking about petrol, a liter of petrol costs 1.75 euros, and a liter of diesel 1.5 euros.
If we are talking about gasoline, a liter of gasoline costs 1.75 euros and a liter of diesel 1.5 euros.
Resettlement and legalization in Portugal
One option for legalization in Portugal is to move and legalize with a D7 visa. If you have receipts in your bank account from your pension fund, for example, or dividends from a company, or, for example, tasks of renting your property abroad, and you have a permanent passive income this may entitle you to move and legalize. There are two necessary requirements for passive income to consider:
- you must have a steady flow of funds into your bank account for one year
- these must be at least the minimum wage in Portugal – 740 euros minimum per person