If you’ve been following recent trends in Portugal, you may have noticed a common theme: digital nomads being blamed for the increase in the cost of living across the country, particularly in Lisbon and Porto.
The impact of the digital nomads is seen as twofold: not only have they been welcomed in through various tax incentives including the Non-Habitual Residence (NHR) program, allowing them to pay lower tax rates than the locals, but they have also helped to drive up the rent prices in Lisbon by more than 37% in 2022 alone, according to the Portugal News. Add in the fact that high-wealth individuals, some of whom also continue
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