5 Cheapest Countries to Get Permanent Residency Heading into 2024

3. Portugal

Permanent Residency Score: 71

Access to Nationality score: 86

Insider Monkey average score: 78.5

As with other European countries, Portugal is truly a sight to behold and one of the most alluring destination spots for expats. When life’s luxuries can be attained within an affordable range, it becomes an irresistible opportunity for many. In the current time period, Portugal stands out as one of the cheapest countries for obtaining permanent residency, making it a top choice for relocation. In our analysis for the list, Portugal met all our criteria with flying scores. From a low living cost of $1,038 to an impressive 7th ranking on the Global Peace Index, Portugal has great potential as a prospective relocation place. Moreover, the policies facilitating ease in permanent residency and nationality processes only add to its appeal, making Portugal one of the best options for those seeking a new home.