Portugal's overwhelming popularity as both a tourist and relocation destination has once again become apparent as the country is named Best Tourist Destination in Europe by the World Travel Awards 2022. The awards, which were announced at this year’s Grand Final Gala Ceremony in Muscat, Oman, recognise excellence across the entirety of the travel and tourism industry, highlighting some of the locations to stay and visit across the globe. Not only was Portugal recognised as being the best tourist destination overall, but the country also received an additional 30 awards in various different categories, celebrating various hotels and resorts. The full list is as follows:

• Best Destination: Portugal

• Best City Destination: Porto

• Best Beach Destination: The Algarve

• Best Destination for Adventure Tourism: The Azores

• Best City Break Destination: Lisbon

• Best Coastal Metropolitan Destination: Lisbon

• Best Cruise Destination: Lisbon

• Best Cruise Port: Lisbon

• Best All-Inclusive Resort: Pestana Porto Santo

• Best Beach Hotel: Pestana Alvor Praia

• Best Design Hotel: 1908 Lisboa Hotel

• Best Island Resort: Vila Baleira Resort

• Best Monumental Hotel: Vila Galé Collection Braga

• Best Leisure Resort: Pine Cliffs

• Best Lifestyle Hotel: Pestana CR7 Lisboa

• Best Lifestyle Resort: Conrad Algarve

• Best Luxury Boutique Hotel: Valverde Hotel

• Best New Resort: Domes Lake Algarve

• Best Sports Resort: Cascade Wellness Resort

• Best Villa Resort: Dunas Douradas Beach Club

• Best Hotel in a Wine Region: L’AND Vineyards

• Best Romantic Resort: Monte Santo Resort

• Best Tourist Attraction: Passadiços do Paiva

• Best Adventure Tourism Attraction: Passadiços do Paiva

• Responsible Tourism Award: Dark Sky Alqueva

• Best Tourism Body: Turismo de Portugal

• Best Airline Company to Africa: TAP

• Best Airline Company to South America: TAP

• Best Boutique Hotel Operator: Amazing Evolution

• Best Hotel Management Company: Amazing Evolution

Looking at the extensive list above showcasing all that Portugal has to offer, it comes as no surprise that so many expats from the UK, US, and even further abroad are choosing to make the country their new home. Catering to a wide variety of lifestyles and hobbies, Portugal boasts the best beach destination, the best lifestyle hotel, and the best tourist attraction, according to the World Travel Awards.

However, despite the many attractions Portugal has to offer new residents, some may be put off by the logistics and stress of moving abroad. This is where Blacktower Financial Management can help. The launch of Blacktower’s new American Desk is designed to assist those moving to Portugal with all their financial requirements, providing financial advice on Portugal’s monetary systems while allowing our clients to focus on settling into their new home worry-free.

With 36 years of experience in providing global expats with holistic financial planning, and teams based in both the US and Portugal, we are well-equipped with the knowledge, expertise, and regulatory footprint to ensure that your finances are taken care of, both at home and abroad.

Blacktower Financial Management has been providing expert, localised, wealth management advice in Portugal for the last 20 years. We can help with specialist, advice on this matter.

Get in touch with us on (+351) 214 648 220 or email us at info@blacktowerfm.com.