American expats in Portugal?

Sounds like an interesting plan, it's a popular destination for us Brits, even after leaving the EU. Probably the No.1 choice right now, although some find the language/pronunciation a tad impenetrable. I gather many Portuguese now look to Brazil for their retirement/holiday homes however, as living costs have been rising with inflation.

Obviously there is a visa requirement you will both need to satisfy, indeed IIRC there is still a Golden Visa deal to attract inward investment.

Living costs depend upon your expectations - $4k per month would see you living well, based on current exchange rates. Some say they can live on far less, maybe $750 per person/month. However, within the EU Portugal is one of the so called PIGS economies, Euro area Countries where the national debt well exceeds 100% of GDP (USA c. 123%?). There is no crunch in sight, no apparent debt ceiling, but there has been regular talk of somehow creating a two-speed Europe to take account of the significant variation in economic performance across the Union.

@1KPerDay post #4 explores the where? factor - most Brits tend to live down south, in the Algarve area. Personally I prefer the north, maybe around Castelo Branco. Like parts of the US, there is the ever present risk of forest fires, particularly in areas where eucalyptus has been allowed to spread, so choose a base carefully.

Lots to consider - where else is on the agenda?