Funchal Relocation Guide — Cost of Living & Visa (2026)

NHS → Local healthcare

Portugal's SNS (Serviço Nacional de Saúde) is the NHS equivalent. Register at your local centro de saúde once you have a NIF and proof of residence. GP visits are free or €5; A&E is €18. Specialist waits average 4–8 months — longer than NHS in most areas. GHIC (replacing EHIC post-Brexit) covers emergency tourist care only, not routine treatment. The S1 form entitles UK state pensioners to full SNS access — apply via NHS Overseas Healthcare Services before you move. Private insurance runs €60–€120/month and is required for the D7 visa anyway.

Buying property post-Brexit

Non-residents can borrow up to 60–70% LTV from Portuguese banks (residents get 80–90%). Post-Brexit, UK buyers are treated as third-country nationals — same as Americans or Brazilians. No foreign-buyer surtax exists. IMT (transfer tax) is 1–8% on a sliding scale; stamp duty adds 0.8%. Mortgage rates for non-residents are typically Euribor + 1.5–2.5%. A fiscal representative (representante fiscal) is mandatory for non-EU tax residents — costs €200–€500/year.

UK pension portability

Portugal accepts QROPS (Qualifying Recognised Overseas Pension Scheme) transfers — several Portuguese-registered pension schemes qualify. No overseas transfer charge (OTC) applies for EEA transfers under current HMRC rules, though Portugal is no longer automatically EEA-aligned for UK residents post-Brexit — check with your scheme administrator. UK state pension is payable in Portugal with annual uprating (triple lock applies under the Withdrawal Agreement for those registered in Portugal before 1 Jan 2021; post-2021 movers rely on the UK-Portugal bilateral social security agreement — uprating currently continues under UK policy, but the legal protection is weaker). Private DB/DC pensions can be drawn from the UK with no Portuguese withholding if you register non-resident status with HMRC.

CGT on your UK home

If you sell your UK home within 5 years of leaving, Private Residence Relief still applies in full (the 5-year non-residence rule means HMRC can claw back gains if you return within 5 tax years). After 5 years abroad, you lose PRR for the period of absence, but the final 9 months of ownership are always exempt. Non-resident CGT on UK property: 18%/24% rates. File a UK tax return within 60 days of completion.

Double taxation treaty

The UK-Portugal Double Taxation Convention (2022, updated post-Brexit) prevents double taxation on income, pensions, and capital gains. UK government pension (civil service, NHS, teachers) is taxed only in the UK. Private pensions are taxable only in Portugal once you're resident. Rental income from UK property: taxed in both countries, with credit relief in Portugal.

Getting EU mobility back

After 5 years of legal residence in Portugal, apply for EU Long-Term Resident status. This grants the right to live and work in any other EU member state (subject to that country's conditions). Alternatively, Portuguese citizenship (available after 5 years, B1 Portuguese required) gives full EU freedom of movement — effectively restoring the mobility you lost with Brexit.