Why More Americans Are Choosing Spain and Portugal

On Behalf of Urban Thier & Federer, P.A. | May 28, 2025 | Business, Business and Commercial Law, Spain |

In recent years, a growing number of U.S. citizens have set their sights on Europe—not just for travel, but for a new chapter in life. Among the most appealing destinations? Spain and Portugal. With their warm climates, accessible healthcare, affordable living, and stable societies, these two Iberian neighbors are attracting retirees, remote workers, digital nomads, and investors alike.

A Transatlantic Shift: Americans Rethinking Where They Call Home

But relocating internationally, especially to the European Union, is not as simple as booking a one-way flight. That’s where Urban Thier & Federer, P.A. (UTF) comes in.

With a full-service legal office in Spain and trusted partners in Lisbon, UTF provides personalized legal support to Americans moving to the Iberian Peninsula—guiding them through visas, real estate, estate planning, and more.

Why Spain and Portugal Are So Attractive to U.S. Citizens

Whether you’re escaping the hustle of urban America, retiring early, or simply searching for a better work-life balance, Spain and Portugal offer compelling reasons to make the leap.

Cost of Living: Comfort Without the Cost

Compared to major U.S. cities, the cost of living in both Spain and Portugal is refreshingly low. Rent, groceries, healthcare, transportation, and even private schooling are significantly more affordable.

In Lisbon, a two-bedroom apartment in the city center can be found for €1,500–€2,000/month. In Valencia or Málaga, the same might cost closer to €1,000/month. Dining out, home services, and leisure activities are reasonably priced, especially outside of tourist zones.

For retirees and remote workers on fixed incomes, the purchasing power in these countries can dramatically enhance quality of life.

Healthcare: Universal and Affordable

Both Spain and Portugal offer high-quality, universal healthcare systems that consistently rank among the best globally. And while EU citizens access public care for free or minimal cost, expats can either: Register for public coverage (after residency), or choose private health insurance, which is widely available and surprisingly affordable.

It’s not uncommon for comprehensive private policies to cost under €100/month for a healthy adult. UTF regularly advises clients on integrating into either system, including choosing private plans that meet visa requirements.

Political Stability and Safety

In an increasingly unpredictable world, Spain and Portugal stand out for their political calm and low crime rates. These nations consistently rank as some of the safest places to live and travel in Europe.

Portugal, in particular, is frequently listed in the Top 5 safest countries worldwide, while Spain’s decentralized regional system provides a strong, democratic foundation with rich local autonomy. For American families and retirees, that peace of mind matters.

Mediterranean Climate and Lifestyle

Weather is often underestimated in lifestyle decisions—but it’s front and center in Iberia. Over 300 days of sun a year, mild winters, and stunning coastlines make outdoor living a daily pleasure. The local culture prioritizes slower living, healthy diets, family time, and vibrant social life. Combined, it’s no surprise so many Americans find the Spanish and Portuguese way of life deeply appealing.

Modern Infrastructure Meets Old-World Charm

Despite their historic charm, both countries offer modern infrastructure:

High-speed internet (even in rural areas)
Reliable transportation, including Europe’s top-rated train systems
Well-connected airports (Madrid, Lisbon, Barcelona, Porto)
Top-notch medical facilities and international schools

In short, you can enjoy the best of the old and new worlds.

Residency Options for Americans: From Visas to Citizenship

Relocating to Spain or Portugal involves a legal pathway to residency, which varies depending on purpose: investment, retirement, work, or passive income.

The following options are available for U.S. citizens aiming to relocate to Spain:

Non-Lucrative Visa

Designed for retirees or passive income earners
Requires proof of sufficient financial means (approx. €30,000+/year for an individual)
No local employment allowed

Digital Nomad Visa (since 2023)

Tailored for remote workers and freelancers
Requires proof of remote employment or client base
Tax benefits under Spain’s “Beckham Law”

Golden Visa

For those investing €500,000+ in real estate or business
Grants fast-track residency and path to citizenship
No minimum stay required for renewal (ideal for part-time residents)

The following options are available for U.S. citizens aiming to relocate to Portugal:

D7 Visa

Similar to Spain’s Non-Lucrative Visa
Ideal for retirees and passive income individuals
Requires ~€9,120/year (plus 50% for spouse and 30% per child)

Digital Nomad Visa

Requires proof of monthly income of ~€3,040 (4x minimum wage)
Strong uptake by U.S. tech workers and freelancers

Golden Visa (Note 2023 Changes)

Real estate route discontinued, but investment in funds or businesses still qualifies
Investment thresholds start at €500,000
Allows residency without full-time physical presence

Both countries also offer pathways to permanent residency and citizenship after 5–6 years of legal stay (with language and integration requirements). Once naturalized, you can hold an EU passport, opening the door to free movement across the Schengen Area.

UTF’s Local Presence: Why Legal Guidance Matters

Relocating abroad involves more than just a visa. There are legal implications for real estate, taxation, inheritance, and residency status in both the U.S. and your new country. Urban Thier & Federer’s team of international attorneys, admitted in both the U.S. and Europe, is uniquely positioned to offer cross-border legal solutions tailored to American clients.

Our Spain Office

From our base in Spain, UTF provides in-house assistance with:

Spanish visa applications and renewals
Property acquisition and due diligence
Long-term estate planning
Tax structuring and U.S. tax compliance

Partner Presence in Portugal

We work with a trusted network of legal professionals in Lisbon and Porto to provide:

D7 and Golden Visa support
Real estate and fund investment guidance
Tax residence structuring
Multinational estate and trust planning

All clients receive bilingual, cross-jurisdictional representation—avoiding gaps between U.S. and EU legal frameworks.

A Legal Team That Spans Two Continents

Most immigration consultancies and relocation services offer help with visas or housing—but very few have the capacity to handle U.S. and EU legal concerns in-house. That’s what sets Urban Thier & Federer apart.

Why Clients Choose UTF:

Attorneys admitted in New York, Florida, Germany, Spain
Deep experience in U.S. tax and estate issues abroad
Bilingual support and local presence
Personalized, boutique service for high-net-worth clients and families
Transparent, ethical approach to international law

Whether you’re buying a villa in Andalusia, relocating your business to Lisbon, or planning for dual-citizenship children, UTF ensures you’re covered on both sides of the Atlantic.

Next Steps: Thinking About a Move?

If you’re seriously considering Spain or Portugal as your next home, the first step is a legal strategy consultation. Every case is different—whether you’re seeking a Digital Nomad Visa, evaluating a Golden Visa investment, or preparing for retirement abroad.

Urban Thier & Federer can help you make informed, strategic choices from day one.

Let’s Build Your European Future—Together

Americans are discovering what many Europeans have known for years: life in Spain and Portugal can be not just better—but simpler, healthier, and freer.

If you’re ready to explore your options, contact us today to schedule a confidential consultation.