The Yavaşcas are part of a wave of ex-pats and digital nomads settling in Portugal in search of a better life. The number of foreign citizens living in Portugal — more than 714,000 — is at an all-time high, making up about 7% of the population in 2021, according to the Portuguese Immigration and Borders Service.
The number of Americans residing in Portugal is at its highest level in more than a decade, according to agency data. There were about 7,000 Americans living in the country at the end of 2021, more than double three years earlier. The U.S. is the 24th most represented country among foreign residents in Portugal.
As the pandemic and remote work transform the way we live and work, people are moving and changing careers based on what fulfills them most.
Acorns Grow Blog: https://grow.acorns.com/why-burned-out-millennials-are-starting-over-in-portugal/