Americans are Moving to Portugal to Start Their Dream Business - Europe's Best Kept Business Secret!

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  • @OurRichJourney
    @OurRichJourney  Рік тому +1

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  • @kingseaturtle
    @kingseaturtle 2 роки тому +22

    I back packed through Portugal when I was 19 in 1996. I even stayed in Lagos for a month because it was just so perfect! I came back and told everyone I knew that it was the most overlooked country in Europe. I’ve always planned to retire there on the coast. So happy for you two and thanks for promoting this beautiful place!!

    • @wolfgangwust5883
      @wolfgangwust5883 2 роки тому +3

      Hahaha, another Lagos afficionado here ;-) Been there 40+ times since 1986.

    • @OurRichJourney
      @OurRichJourney  2 роки тому +1

      Jesse - we totally agree! It is such an overlooked country. I have no idea why! It is so amazing here!

    • @cintiamonteiro5287
      @cintiamonteiro5287 2 роки тому +2

      I'm from Lagos!!! Back then I was 2 years old hehehe . Now is super different , is growing fast. But we still have a lot of nature surrounding us

  • @David-ls2et
    @David-ls2et 2 роки тому +17

    PORTUGAL IS HANDS DOWN AMAZING! I love it here and have made it my home. I am actually starting the process of getting my NIF. The next step is to meet you guys and thank you for being a Auntie and Uncle to meet on my financial journey!

    • @OurRichJourney
      @OurRichJourney  2 роки тому +2

      Totally agree David! Hands down amazing!!!!

    • @dennissabrievski4543
      @dennissabrievski4543 Рік тому

      @@OurRichJourney Hi uncle and auntie, thank you so much for investing your time into putting all this information together to enlighten us! It’s truly insightful and there’s a lot to absorb, I must say.
      I have a question: Is it necessary to present a budget of sorts? For instance, in other parts of Europe like Bulgaria, it’s mentioned that you need 5000 euros to start a small business.
      Also, I’m curious about another aspect. Once all the applications and processes are completed, is it possible to obtain a permanent visa? This part wasn’t quite clear in the video, from what I observed.
      Thank you

  • @GarmischGator
    @GarmischGator Рік тому +1

    Thanks for the info guys! I’m moving my business from Germany to Portugal and this was very inspiring. Ready to do your Airbnb properties in the near future with my 360 virtual tour business :)

  • @justgio23
    @justgio23 2 роки тому +5

    Thanks again for such an encouraging video. Would be nice to see follow up videos where you can interview or show cases of other people starting their business there and sharing if possible some numbers and the paperwork and all that, to know more in details how to start and how to. I know in Google you can find a lot of these information but it’s nice when you hear it from the people that is doing it. Just an idea not a demand. I am thankful and happy with all the information you share in this channel. Thanks again! You guys are my favorite and my best! Gio

  • @CreativeCashflow1
    @CreativeCashflow1 2 роки тому +7

    If you have a 9-5 along with a online business you can use the income you generate from your business to invest into stocks, index funds & real estate. Use your W2 to get the loan from the bank and the revenue from your biz to secure the down payment. It’s the ultimate play.

  • @anthonypatton1575
    @anthonypatton1575 2 роки тому +5

    Portugal was a favorite port visit during the Navy days!

  • @cann9155
    @cann9155 2 роки тому +6

    Not only the invaluable information you share,🎁 but above all the excitement, enthusiasm and joy in which you share it😊❤️🙏.
    👌🏾 Moving to Portugal PLAN from your course is keeping me on track. Took the guess work, assumptions and confusion out of the process. Thx 4 great these new ideas💡 as well.❤️💃🕺

    • @OurRichJourney
      @OurRichJourney  2 роки тому +1

      You are so sweet C Ann! Thank you so much 😀

  • @stargazer5073
    @stargazer5073 2 роки тому +1

    So inspirational!!!!
    Do travel tips video for Americans in Portugal.

  • @gracielapereda1663
    @gracielapereda1663 2 роки тому +2

    Thank you guys for your hard work putting this videos out, I played it with really loud volume so my husband can see everything is possible in Portugal :D, cant wait to live the dream...

    • @mindfulofmaya
      @mindfulofmaya 2 роки тому

      Lol I’m doing that now 💛👏🏾🤣

  • @seiscero
    @seiscero 2 роки тому +8

    Thank you for the video,
    Next time you go to Lisbon please consider paying a visit to "Nolita Lisboa", a lady from New Orleans opened an amazing restaurant.

    • @OurRichJourney
      @OurRichJourney  2 роки тому

      Thanks for the recommendation Francisco!!!

  • @biancat.6155
    @biancat.6155 2 роки тому +1

    This video has me fired up, LOL!!! Portugal has been on my mind for a few years - in Mexico now, but definitely planning a visit there next year.

  • @nathalienurse3336
    @nathalienurse3336 2 роки тому +2

    Once again a wonderful information packed video. You two are the best, on my way back to Portugal this September maybe looking for a place to live 🤞🏽🤞🏽🤞🏽🤞🏽. Stay well……….🤗🇨🇦

  • @OurRichJourney
    @OurRichJourney  Рік тому +1

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  • @klimtkahlo
    @klimtkahlo 2 роки тому +2

    Our best kept secret is out! For generations Portuguese have been a land of emigrants now with the hype we can’t return because everything became so expensive. My sister pays the same rent in Lisbon as I pay in the states! Yikes! Thank you all for loving Portugal! Just don’t change it too much. You are allowed to change it for the better though! We need american window screens, German windows, Austrian classical music concerts and american sales and deals and customer service.

  • @ginajuarez15
    @ginajuarez15 2 роки тому +1

    I just took an ancestry test and have roots in Portugal, now I’m more motivated to move there!

  • @jesutobaajayi4994
    @jesutobaajayi4994 2 роки тому

    Thank you for sharing. I'm a first timer here. Please I would love more of these kinds of videos, about how to establish and run business in Portugal.

  • @Mbuya_Nehanda
    @Mbuya_Nehanda 2 роки тому

    I’ll be coming to visit next month I’m super excited. Thank you for the insight.

  • @FloatingHomesPortland
    @FloatingHomesPortland 2 роки тому

    Even with a cold, great stuff. Feel better.

  • @plastelina_ytb
    @plastelina_ytb 2 роки тому

    Appreciate the comprehensive overview! I never really considered Portugal as a possible home base, but will def pay a visit now 👍

  • @irmafranke1012
    @irmafranke1012 2 роки тому +2

    How are there 8 likes in 2 seconds of dropping the video, ummm make it 9 likes (me too). Love you guys. Thanks for changing my life!! Youve improved it in so many ways!!

    • @OurRichJourney
      @OurRichJourney  2 роки тому +2

      Haha! We’ll take the like! Thanks so much!!!! 😀

  • @tabithagarrido4787
    @tabithagarrido4787 2 роки тому +3

    one of the struggles many business owners face here is finding good talent. most left the country during the last economic crisis so I'm hearing expat entrepreneurs hiring foreigners and really struggling to find locals. if this talent gap can be bridged, i think Portugal future is very bright.

  • @yahspeaks9125
    @yahspeaks9125 Рік тому

    As a hairstylist I would love to start a salon suites , where Portuguese and Americans can rent space to do hair!

  • @wa7812
    @wa7812 2 роки тому

    You guys made my life so rich and oriented,
    Looking to meet you one day in this lovely country 🌹and to thank you 🙏

  • @DexterpresOU
    @DexterpresOU 2 роки тому

    Love you guys and your videos. We plan to visit and hopefully stay in your ABA early next year.

  • @lilithswonderlust4travel920
    @lilithswonderlust4travel920 2 роки тому +2

    Hello, thank you for this amazing information… definitely another reason to make move ❤️🇵🇹

    • @OurRichJourney
      @OurRichJourney  2 роки тому

      Glad we have you thinking about Portugal Lilith!!!♥

  • @anaseno7522
    @anaseno7522 2 роки тому

    I love your Chanel, thanks to promote my countrie 🙏

  • @danelledautrievesanford
    @danelledautrievesanford 2 роки тому +1

    Quality of life is key. I enjoy your Instagram post. So important to enjoy the journey.

    • @OurRichJourney
      @OurRichJourney  2 роки тому +2

      Thank you Danelle! So glad to hear that!!!!

  • @lashawn369
    @lashawn369 2 роки тому +1

    Checking in from the DMV.

  • @ncamara670
    @ncamara670 2 роки тому

    I love the idea of tiny house so this was very helpful. Considering the huge costs of living these days it's probably the only option left for those who are not on high salaries. Thanks for the video and good luck with the project.

  • @TheCookingDojo
    @TheCookingDojo 2 роки тому +2

    Portugal is definitely a place I want to visit. I am a truck driver so I feel I could start that business anywhere since every country needs deliveries.
    If I could live in any other country I think it would be South Korea or Japan

  • @mdlg1983
    @mdlg1983 8 місяців тому

    I have really enjoyed your videos and watching your journey over the years. I ended up losing everything financially (literally everything) and have now started over and am in the position where I am ready to move from NY and set up a business in Portugal. I was wondering if you could please share recommendations for lawyers to help set up a business and support the visa process?

  • @Janjannjannn
    @Janjannjannn 2 роки тому

    Thank you for providing great information! I get excited about my future move to Portugal (3 years from now) each time I watch your videos. I was wondering if you have nurse or physician friends in Portugal. I would love to get some insight about their roles. I’m finishing nursing school next year in the US but with the future move, I would like to get some insight on different things I can do there.
    Thanks in advance!

  • @sgoverno1352
    @sgoverno1352 2 роки тому +6

    Thanks for this content! We live in Portugal and are also considering investing in a Airbnb / income property. Did you need to set up sole proprietorship or a corporation to get your AL license and take in the income from your rental property? Just wondering if we need to do this before starting this type of vacation rental business. Thanks in advance!

  • @klewis7567
    @klewis7567 2 роки тому +1

    What role does residency, visas, and/or passports play in starting a business?

  • @katiawood1197
    @katiawood1197 2 роки тому +7

    I love Portugal, and only visited once. We would love to move there in a few more years. My only concern about americans moving to Portugal is that prices increases when too many americans move to other countries, and I am saying this because I am originally from Panama and after 2005 many retired americans moved to Panama and all properties started to get expensive, because americans can pay more , the same happened in Costa Rica, now the cost of living in at least those 2 countries is crazy high. I have an american nationality, but as I mention, I was born in Panama. It worries me that the same happen in Portugal.

    • @sharonkincaid6565
      @sharonkincaid6565 2 роки тому +2

      I am an American and completely agree with you. The short time rental issues also make it hard to find affordable rents for living and smaller home reasonably priced homes are hard to find. In the states my 20 something kids can’t afford to live solo.

    • @graceclara1969
      @graceclara1969 2 роки тому +2

      Unfortunately for the Portuguese it's already happening. Real estate prices have gone up drastically.

  • @accidentsafe
    @accidentsafe 2 роки тому

    I bought VGT because of you guys and it's been great. Also getting AMZN before the split. Thank you.

  • @jogalbreath5216
    @jogalbreath5216 2 роки тому +1

    Thank you for this episode! I'm excited about traveling to find my forever home! My investments are how I'm going to afford it!

  • @emnaeem2961
    @emnaeem2961 2 роки тому

    Which areas are good to have Farmhouse/fruits trees land ?

  • @jahangiralam2946
    @jahangiralam2946 2 роки тому

    Hi our rich journey, I want to know more about Portugal business, specially, import export and whole sell business

  • @danelledautrievesanford
    @danelledautrievesanford 2 роки тому +1

    Hi There. Present 🙋🏾‍♀️👀

    • @OurRichJourney
      @OurRichJourney  2 роки тому +2

      Hi there Danelle! We always love your presence! ❤️

  • @naturalcombinations
    @naturalcombinations 2 роки тому

    Will be there in 3 years making all natural bath and body.

  • @danielhemp387
    @danielhemp387 Рік тому

    High! I'm looking to move my family to Portugal, and looking to start a business. I would love to chat with somebody about the process and some ideas. Would love to chat with you all or somebody you could recommend.

  • @jaswantthind276
    @jaswantthind276 2 роки тому

    I am so happy for you guys. Please could you tell Which app or website are you using for stock Investment. I never invested in stock market.

  • @shellrock5294
    @shellrock5294 2 роки тому +1

    What do you think about the Castelo Branco region? I have a different path, I want to have space to run my 6 dogs and move more towards self sufficiently and the land seems to be cheaper in that area. I am arriving next Thursday into Faro so its a long trip to that area where I guess I will hopefully get a feel of some other parts of Portugal.

  • @orlandoo3378
    @orlandoo3378 2 роки тому

    Was looking at retirement here but working may be on the books still.

  • @inspiredbychrist1986
    @inspiredbychrist1986 2 роки тому +3

    Can I work as a nurse in Portugal with my us compact nursing license?

    • @cintiamonteiro5287
      @cintiamonteiro5287 2 роки тому +1

      Im portuguese. And there is a huge demand in that area. But is very hard with degrees of other countries outside of EU, but not impossible. Probably you hould have to make some degree credits here in a portuguese university

  • @lemorjohnston5006
    @lemorjohnston5006 2 роки тому

    Ryanair cancelled two two flights already for me to fly to Lisbon. Lol oking at other options.

  • @wmmarquez
    @wmmarquez 2 роки тому

    need to go there for a vacation

  • @luckybearsoap
    @luckybearsoap 2 роки тому

    Do you know of anyone who has shipped large animals from U.S. to Portugal? I have a 13-yr old rescued bull that needs to come wtih me. This is my only hang up. Any help would be great, thanks!

  • @murphygao3204
    @murphygao3204 Рік тому

    Thank you very much for your sharing! There are two question confusing me during the application. I really hope someone can help me. I’m a non EU citizenship who lives in Ireland at the moment, can I apply D2 by business plan without setting a company? Can I enter an airbnb address for D2 application and after entering Portugal with D2 visa, I then find a house and apply residence permit?

  • @TheEGA4421
    @TheEGA4421 2 роки тому +2

    This is a great small business video.
    Question: Will your next rental be smaller for one to two people?
    Comment: This video/picture with Christina swimming above ground with the large windows could be a marketing prop. 🤔

    • @OurRichJourney
      @OurRichJourney  2 роки тому

      We're going to be sharing the next rental soon Tonya!!! :)

  • @nicolasfernandes7755
    @nicolasfernandes7755 2 роки тому +1

    What type of documents needed to open a Bank account in Portugal?

  • @mikedeveau3200
    @mikedeveau3200 2 роки тому

    I love your videos there the best could you do one on the laws on get visa they say you can not buy property in Portal Lisbon and the silver coast is that true?

  • @DivaStyle0716
    @DivaStyle0716 2 роки тому

    With the way the real estate market and economy is right now in the US, is it a good time for a beginner to start investing in real estate?

  • @paulcurt5015
    @paulcurt5015 10 місяців тому

    Hi, I want to set up a small hualadge company. Can you help?

  • @AbuAli-vm7up
    @AbuAli-vm7up Рік тому

    I want to start pizza please make a videos on peza shop

  • @autobotdiva9268
    @autobotdiva9268 2 роки тому

    can you get amazon there? it looks like air pollution is also minimal.tfs!

  • @sequonscott4295
    @sequonscott4295 2 роки тому

    Can you apply what’s in the video to people who would like to start a business in Portugal but can’t live there full time as of now?

  • @pleasantviewfamilyhealthce3523
    @pleasantviewfamilyhealthce3523 2 роки тому

    I’ll love to connect with you beautiful couple through your course but looking at the headlines it seems that it’s more geared into US citizens. I’m Canadian so might be a good idea that I consult the Portuguese consulate here. Also talking to a lawyer ( who charges 8000 euros ) 77 visa seems to be the cheapest to get residency. Any info on that ?

  • @jahangiralam2946
    @jahangiralam2946 2 роки тому

    Can I get an appointment to talk with you guys

  • @rodart1945
    @rodart1945 2 роки тому +2

    Thank you for this video.
    But is there a certain amount of money you need to have to start a business there? Are you then granted a business visa?

  • @mashanti_worldwide
    @mashanti_worldwide 2 роки тому

    Good one. You may end up convincing me trade Spain for Portugal. 🤣😂🤣

  • @SaeedAhmad-of5eg
    @SaeedAhmad-of5eg 2 роки тому

    What is the yours jobs in USA before

  • @PurpleUSA
    @PurpleUSA 2 роки тому

    🥺🥺🥺

  • @bmahoney1568
    @bmahoney1568 2 роки тому

    Ftw!!!