Originally Posted by eppoclappo

I myself live in Portugal, profit from the 10 years tax free opportunity (and don't consider myself among the old folks yet). However to profit from that rule, I had to set up a business construction outside of the country before I started living here, so that the tax authorities consider my earnings as foreign source income. The additional rule is that your foreign source income shouldn't have a tax haven as origin. If you search on Google for 'black list', 'non habitual resident' and 'Portugal' you most likely get to see sources with a list of forbidden source countries. Finally the tax free rule most likely doesn't apply to U.S. citizens, because Uncle Sam still keeps taxing you abroad on your worldwide income unless you officially renounce your U.S. citizenship.

In general, compared to many of the other southern regions mentioned by others, Portugal is damn cheap, unless you live in big cities like Lisbon and Porto. Summers in Portugal can be VERY hot (which causes many forest fires every year) and a bit chilly in the winter. However, in general no snow unless you live high in the mountains. If you prefer a more equal temperature, then the Portuguese island Madeira might be your thing where it is an average 20 degrees Celsius all year long.

Since Portugal still is a pretty conservative catholic country it also means that people aren't very open about sex stuff. For example, topless or completely nude bathing is forbidden by law and as far as I have seen it, there also isn't something like a local industry of porn producers. On the other hand, as long as you don't disturb others with your adult related activities, really nobody gives a damn what the hell you are doing.