The New American Dream IS Global Mobility

The allure of life abroad has captivated the American imagination for generations. In recent years, this idea of life abroad has turned into a reality for many Americans. The high stress lifestyle connected with being an American citizen has finally been traded in for a different type of prosperity.

Americans are now seeking wealth that isn't measured in dollars but in quality of life, cultural enrichment and a deeper sense of wellbeing. Portugal, Italy, Greece and soon Argentina are some of the most popular golden visa destinations that have captured the interest of the American population. They share a common thread by promising a richer and more fulfilling existence for those willing to take the leap.

The Portuguese Allure

Portugal has emerged as the go-to American expat destination for good reason. The country offers a vibrant and relaxing introduction to European life, a welcoming culture and a pace of life that encourages savoring the moment. An estimated 14,000 Americans call Portugal home as of 2025. This number has skyrocketed by 239% since 2017. This surge in Portuguese popularity is a testament to the country's appeal with 84% of expats reporting satisfaction with their lives.

The reason for this influx of Americans into Portugal is multifaceted. Portugal boasts over 300 days of sunshine a year, a stunning coastline and a rich history. Additionally, cost of living remains significantly lower than most cities in the United States. A family of four can live comfortably in Lisbon for less than $2500 USD a month. Portugal is ranked as the 6th safest country in the world which is a significant draw for those seeking a more secure environment.

The Italian Dream

Italy has also long been a dream destination for Americans. The country's rich cultural heritage, world renowned cuisine and stunning landscapes are undeniable draws. Italy offers a remarkable work-life balance and is one of the top ranked country's on the OECD's index in this category and retiring in Italy is substantially cheaper than retiring in most American cities.

Greece | Ancient Charm

Greece offers a unique value proposition for American expats because the country allows Americans a chance to live amidst ancient history while enjoying a relaxed Mediterranean lifestyle. Approximately 30,000 US Expats have chosen to make Greece their home and cite the country's affordability, health care, warm climate and natural beauty as key motivators to make the move. A budget conscious expat can live very comfortably on as little as $1700-$2000 per month.

Greece's Golden Visa Program offers residency to those who invest in real estate. The country also has a non-dom tax regime and a double taxation treaty with the United States which can be advantageous for American expats.

Argentina | The New Golden Visa Program

Argentina offers a vibrant and culturally rich destination in the heart of South America. An estimated 60,000 Americans live in Argentina and many of them reside In the cosmopolitan capital of Buenos Aires which is often referred to as the Paris of South America.

Argentina has an incredibly low cost of living. A comfortable lifestyle in Buenos Aires can be had for as little as $1500 USD per month. The country has a diverse landscape and offers a wide range of experiences for nature lovers and adventurers.

Why Most Americans Pick Portugal + Portugal's New Riviera

The embodiment of a European luxury coastline was usually associated with the French Riviera or Spain's glamorous Marbella. These destinations routinely attracted the global elite to their sun-drenched shores. This is no longer the case due to the substantial influx of Americans into Portugal. Portugal has captured the attention of discerning international buyers through its captivating beauty, affordable lifestyle and welcoming culture. Two locales at the forefront of this new movement cementing Portugal as a Luxury destination are Cascais and Comporta.

Americans are not just visiting these coastal gems but are establishing roots, purchasing second homes or even using the locations as steppingstones to a more permanent life in Europe. These two destinations have become the new hotspots for luxury real estate in Portugal and the new American market abroad.

Cascais: The Jewel of the Portuguese Riviera

Cascais has long been a favored playground for royalty and the European elite. Its history as a retreat for the Portuguese monarchy in the late 19th and early 20th centuries has bestowed the town with air of regal elegance that persists to this day. Cascais has transformed into a cosmopolitan seaside town where Americans are discovering a harmonious blend of historic charm and modern luxury. The real estate landscape is a testament to this change and features restored palaces and grand oceanfront villas.

The strategic location of Cascais is one of its most significant advantages. Its proximity to Lisbon's international airport provides effortless connectivity for international travelers but Cascais is removed enough from the capital which ensures a relaxed and tranquil atmosphere. The town has a vibrant marina culture, with sailing and yachting being popular pastimes. Golf enthusiasts can indulge in world-class courses like Quinta da Marina while those with a penchant for shopping can explore the boutiques and designer stores that line the cobbled streets. The culinary scene is world renowned and has a wide array of options ranging from traditional seafood restaurants to Michelin starred dining experiences. This integration of high class sophistication and serenity is what sets Cascais apart from other European luxury enclaves and makes it a natural fit for Americans seeking a balanced and fulfilling lifestyle.

Comporta: The Hamptons of Portugal

Two hours south of Lisbon is another vision of luxury living called Comporta. The area is often called the Hamptons of Portugal because of its high-quality real estate and wealthy inhabitants. Comporta remained a well-kept secret until this most recent influx of Americans into the country. Comporta is relaxed, secluded and deeply connected to nature. The beaches of Comporta are one of its greatest treasures. The area has uncrowded stretches of pristine white sand backed by pine forests and rolling dunes. It Is a place where individuals go to disconnect from the bustling day to day life.

For Americans, the allure of Comporta lies in its rare combination of accessibility and escape. The overall vibe remains understated and unpretentious. Comporta is a place to switch off, recharge and reconnect with nature all while being near the conveniences of modern life.

Conclusion | Building a Life in Europe

Europe has grown into a destination rather than a fleeting vacation in recent years due to the rising costs of basic human needs in the United States. Americans are starting to realize the asymmetric ROI that is retiring outside of the United States versus within the country. As more and more Americans discover the unique advantage of Golden visas we expect real estate in luxury destinations like Comporta and Cascais to continue to rise.

For those interested in exploring the possibilities of retirement abroad, golden visas continue to remain a viable and attractive option. Americans can unlock access to Europe's desirable coastlines and destinations or choose the Argentinian lifestyle as they embark on a new chapter of their lives in these vibrant and welcoming countries.