A growing number are seeking out safety and security elsewhere, with Portugal one of the key beneficiaries.

The number of Americans living in Portugal has jumped by more than 500% since 2020 and by 36% alone in the 12 months of 2024.

There are now more than 25,000 US citizens living in Portugal.

The figures come from a report in the Wall Street Journal, which says some have called the exodus the ‘Donald Dash’ as numbers have spiked during President Trump’s second term.

It says at least 180,000 American citizens left their homeland last year.

It says the phenomenon, which has been building momentum for a number of years, is a result of “the rise of remote work, mounting living costs and an appetite for foreign lifestyles that feel within reach, especially in Europe”.

It is a trend felt keenly by Portugal Pathways, an organisation which supports private wealth with life and investment in Portugal.

Credits: Supplied Image; Author: Portugal Pathways; Many Americans are viewing Portugal's Golden Visa as an ideal 'plan B'

Explains Paul Stannard, its chairman and founder: “Not so long ago, wealth migrated to the likes of the US, but political and economic challenges have seen that put into reverse.

“We have seen a big surge in affluent individuals, families and investors seeking luxury real estate or the likes of Portugal’s Golden Visa – which is a pathway to citizenship and puts applicants on a pathway to a ‘plan B’ second passport.

“It opens up visa-free travel within the Schengen area of 29 European countries and a great quality of life.

“What is clear is that many are now acting on that ‘plan B’ and enjoying the safety, security and lifestyle benefits which Portugal offers.”

To find out how you could make the move to Portugal, contact Portugal Pathways today.