{"id":875,"date":"2022-12-22T18:11:25","date_gmt":"2022-12-22T18:11:25","guid":{"rendered":"https:\/\/jteodoro.pt\/?p=875"},"modified":"2022-12-22T18:11:27","modified_gmt":"2022-12-22T18:11:27","slug":"number-of-bermudians-moving-to-portugal-has-increased-since-covid-19","status":"publish","type":"post","link":"https:\/\/jteodoro.pt\/en\/number-of-bermudians-moving-to-portugal-has-increased-since-covid-19\/","title":{"rendered":"Number of Bermudians moving to Portugal has increased since Covid-19"},"content":{"rendered":"\n

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Bermudians are moving to Portugal in increasing numbers to take advantage of the European country\u2019s residency options, a Portuguese lawyer said.<\/p>\n\n\n\n

Judith Teodoro, a commercial lawyer dealing in succession, family law and real estate law, visited the island last week after noting a growing number of clients from Bermuda.<\/p>\n\n\n\n

\u201cI have found the increase more and more since Covid-19,\u201d Ms Teodoro told The Royal Gazette<\/em>. \u201cBermudians are looking to Portugal to have the same type of life they have in Bermuda.<\/p>\n\n\n\n

\u201cIn my office I receive many requests for consultation regarding the golden visa and other options for residence \u2013 retirement, temporary residence, even families that keep their interests here in Bermuda but want to have other living opportunities.\u201d<\/p>\n\n\n\n

Ms Teodoro did not have figures for how many Bermudians have sought consultations, but she said the frequency had been enough to raise her interest in visiting the island.<\/p>\n\n\n\n

The lawyer runs an office <\/a>in the capital of Lisbon as well as in the Azores.<\/p>\n\n\n\n

She spent her first trip meeting others in the island\u2019s Portuguese community with Andrea Moniz-DeSouza, a lawyer and the honorary consul of Portugal in Bermuda.<\/p>\n\n\n\n

Being of Portuguese descent creates opportunities for citizenship, she said, while the country has courted immigration and investment since the Great Recession and a \u201cgolden visa\u201d programme was launched by Portugal in 2012.<\/p>\n\n\n\n

The immigrant investment programme grants residency in Portugal to people from overseas who invest in properties worth at least \u20ac500,000, or create ten jobs in the country.<\/p>\n\n\n\n

Ms Teodoro said significant numbers of Bermudians were of Portuguese descent and many in the island were already knowledgeable of the country\u2019s way of life.<\/p>\n\n\n\n

\u201cOur culture is familiar to a lot of Bermudians, from the food to our festivals,\u201d she said.<\/p>\n\n\n\n

She said Britain\u2019s 2016 Brexit withdrawal <\/a>from the European Union might have piqued interest in Bermuda for other options to get EU residency.<\/p>\n\n\n\n

Ms Teodoro added that the launch in 2021 <\/a>of direct summer flights between Bermuda and the Azores \u2013 an autonomous region of Portugal \u2013 likely raised the country\u2019s profile for Bermudians.<\/p>\n\n\n\n

Citizens of other non-European countries are taking interest in Portugal\u2019s low cost of living and channels to gain residency.<\/p>\n\n\n\n

\u201cThe same thing is happening with people from North America,\u201d Ms Teodoro said. \u201cI think the Azores could become the next Bermuda in ten years with prices increasing.\u201d<\/p>\n\n\n\n

Perched at the south western tip of continental Europe, Portugal is part of the Schengen Area of EU countries that have dropped border controls \u2013 making for ease of travel through Europe from Portugal.<\/p>\n\n\n\n

Ms Teodoro highlighted Portugal\u2019s low taxation and high educational standards as attractions.<\/p>\n\n\n\n

\u201cBesides that, we have a wonderful culture and are very tolerant to newcomers.\u201d<\/p>\n\n\n\n

Ms Teodoro was born in S\u00e3o Jorge Island in the Azores and said she could appreciate why Bermudians would take interest in residency options elsewhere.<\/p>\n\n\n\n

\u201cI know the need because I am from an island as well.\u201d<\/p>\n<\/blockquote>\n\n\n\n

Artigo dispon\u00edvel para consulta em<\/em>: https:\/\/www.royalgazette.com\/general\/news\/article\/20221214\/number-of-bermudians-moving-to-portugal-has-increased-since-covid-19-says-lawyer\/<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Bermudians are moving to Portugal in increasing numbers to take advantage of the European country\u2019s residency options, a Portuguese lawyer said. Judith Teodoro, a commercial lawyer dealing in succession, family law and real estate law, visited the island last week after noting a growing number of clients from Bermuda. \u201cI have found the increase more […]<\/p>\n","protected":false},"author":3,"featured_media":876,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"off","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":""},"categories":[1],"tags":[],"class_list":["post-875","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-sem-categoria"],"yoast_head":"\nNumber of Bermudians moving to Portugal has increased since Covid-19 - Judith Teodoro<\/title>\n<meta name=\"description\" content=\"Number of Bermudians moving to Portugal has increased since Covid-19 Judith Teodoro\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/jteodoro.pt\/en\/number-of-bermudians-moving-to-portugal-has-increased-since-covid-19\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Number of Bermudians moving to Portugal has increased since Covid-19 - 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