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LUXIMOS Christie's takes Portuguese real estate to Stockholm

LUXIMOS Christie

More and more Swedes are choosing Portugal to live in. This week LUXIMOS Christie's is going to Stockholm to present the Portuguese advantages for foreigners.

In 2019, the number of foreigners living in Portugal rose for the third consecutive year. At the end of 2018, the Swedes were fourth on this list behind the French, the British and the Italians. This happened even though Sweden, unlike other European countries, does not benefit from any tax advantage with the change of residence.

Most Swedes, despite living in a country with comprehensive public services, a cohesive society and a well-functioning State, choose to move to Portugal, and especially to the South, to the Algarve region, because they are attracted by the golf resorts, recognized as the best in the world, by the climate, which is the opposite of the Nordic climate - in the Algarve, there are over 300 days of sunshine a year, while in Sweden the summer is short, rarely exceeding 15ºC, and the winter is long, with long months of temperature below 0ºC -, and by the security, which places Portugal in the Top3 of the safest countries in the world.

It is precisely thinking of Swedes with high levels of interest in international real estate that LUXIMOS Christie's International Real Estate and Porta da Frente Christie's International Real Estate, in partnership with Residence Fastighetsmäkleri, a member of Christie's International Real Estate, are holding a series of meetings on November 6 and 7 to show the advantages of investing in the increasingly attractive Portuguese real estate market.

Swedish couple explains why they chose Portugal

LUXIMOS Christie's, real estate, Portugal, residence, South, Algarve,  golf resorts, climate, security

Ricardo Costa, CEO of LUXIMOS Christie's, will be in person in the Swedish capital providing information and clarifying doubts to the more than 50 Swedish clients who want to have a foot in Portugal. Recently, however, the Portuguese press itself wanted to understand what motivated citizens living in Sweden, one of the most developed countries in Europe, to move to Portugal. The testimonies of those who have moved, some of them published in the Portuguese digital newspaper "Observador", show that the tax regime was only a drop in an ocean of advantages.

"In 2012, when we came, the RNH already existed, but there was a big question mark on the subject. The issue of taxes drew people's attention to Portugal. It was a very clever move. We came here because the coast is wonderful, the people are nice, the weather is great, the prices are low and the films are subtitled instead of doubled. Listening to Sean Connery speak in Spanish or German is horrible," Swedish couple Michael and Margareta Zell explained to the journalist, in the living room of the apartment they bought in a private condominium with swimming pool, 500 metres from the sea.

The couple, in their sixties, who had already lived in Hong Kong, was tired of the cold and dark days. Before Portugal, they still visited Nice, in France. A disappointment, they confessed. In Portugal, Michael and Margareta tell us, they found "twice the sympathy and half the prices, in the houses, in the food, in the drinks, in everything". And most of all, they found what they wanted the most: long days, sun, heat and lots of light. That's why, they say, they came to stay forever.

The speech is common to all residents of all nationalities: the Algarve is a paradise, yes, but not a tax haven. Most say they feel like giving back what Portugal provides them. The Algarve, for its infinite and rare qualities, is just a natural paradise to live in.


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