DIGITAL NOMADS

Where do digital nomads prefer to live?

Another important aspect to take into account when doing real estate deals with digital nomads is to understand where they want to live. According to NomadList, Lisbon is the 3rd most popular destination in the world for this community, although the number of arrivals has been falling in 2023 compared to the same period last year.

In Portugal, the most popular destinations for digital nomads are, according to the same website:

  1. Lisboa ;

  2. Madeira ;

  3. Portimão;

  4. Porto ;

  5. Lagos .

Portugal today has one of the best visas for digital nomads in the world, it has the right requirements and is an interesting tool not for attracting nomads, but for extending their stay. The visa lasts for one year, which allows nomads, who are not part of the Schengen zone, to stay longer and experience more regions of Portugal. The latest public data indicate about 550 visas approved in the first months of the program.

New digital nomad visa requirements

Currently, the application for a residence visa for digital nomads (for the exercise of professional activity provided remotely outside the national territory), in addition to requiring the presentation of general documents for any type of residence visa, It is accompanied by the following documents:

      • In situations of subordinate work, one of the following documents:

  1. Employment contract;

  2. Promise of employment contract;

  3. Employer's statement proving the employment relationship

In situations of self-employment, one of the following documents:

  1. Articles of association;

  2. Service provision contract;

  3. Written proposal for a contract for the provision of services;

  4. Document demonstrating services provided to one or more entities;

  5. Proof of average monthly income earned in the exercise of a subordinate or independent professional activity in the last three months of a minimum amount equivalent to four guaranteed minimum monthly wages;

  6. Document attesting to your tax residence.

Our Company is prepared to help and follow up on Legal, Real Estate Mediation, Architectural projects or Real Estate investments, all those who want to settle in Portugal, to buy, rent or invest in Portugal, on the island of Madeira, welcome and any questions do not hesitate to contact us.