Post Office shares cheapest summer holiday destinations – green list Portugal comes third

Portugal 'hopeful' for UK travel to begin in May says expert

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The easing of lockdown restrictions comes on May 17 as the country heads into the third stage of the roadmap out of lockdown. With international travel having been banned for several months, holidaymakers could once again return to their favourite locations, and save a few pounds while they’re there too. 

A traffic light system has been drawn up categorising countries around the globe based on their COVID-19 risk levels.

It consists of a “green list”, an “amber list” and a “red list”.

Travellers returning from a “green list” country means that they will not have to quarantine on return and will only be required to take one coronavirus test post-arrival.

The list includes countries like Portugal, Gibraltar, Israel, Australia, New Zealand, Singapore, Brunei, Iceland and the Faroe Islands.

The “amber list” includes some of the most popular UK tourist destinations such as Greece, Spain, Italy and France.

Those who go against the guidance must take two-post arrival tests and are required to self-isolate at home for 10 days on return.

Those travelling to a “red list” country will be required to stay in a quarantine hotel for 11 nights on their return.

It comes at a huge cost of £1,750 and two COVID-19 tests will be required.

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Countries on the list include Brazil, India, South Africa and the United Arab Emirates.

With money being tight for many people this year, Post Office has revealed the cheapest summer holiday destinations.

The annual Post Office Travel Money Holiday Money Report brings news that Portugal not only emerges as the cheapest in the eurozone and third cheapest of 46 surveyed for the Worldwide Holiday Costs Barometer but it also rates as the country that holidaymakers think offers the best value for money.

Madeira also makes it into the top 10 with Bulgaria, which is currently on the “amber” list, being the destination where holidaymakers will actually find the cheapest prices for a range of eight staples.

This includes a three-course evening meal for two with wine, beer, wine, large bottle of water and sun cream.

In the top 10 is also Spain, South Africa, Vietnam and Bali.

Nick Boden, Post Office Head of Travel Money, which accounts for one-in-four UK foreign exchange transactions, said: “People who are hoping to take an overseas holiday and have not decided on their destination should make sure they know the regulations that apply to countries they are considering at the time of booking.

“When budgeting for their holiday, they should include all the costs of travel abroad in their planning.  This does not just mean comparing package prices or flight costs but also doing their homework to check how resort prices have changed since their last trip.  Big falls in many European and long haul resorts spell good news – so choose carefully.”

Thailand was also named the best value long haul destination with a score of 81 percent, rising to 92 percent among past visitors.

Post Office Travel Money’s Nick Boden said: “Sterling’s strength against the majority of holiday currencies means it really ought to play an important part in decisions about where to travel abroad.  

“The purchasing power of the pound means people changing £500 into US dollars or East Caribbean dollars, the currency for Antigua, St Lucia and Grenada, will get the equivalent of around £61 extra.  

The Post Office is the UK’s leading foreign currency provider, offering around 60 currencies for pre-order at around 7,000 Post Office branches or online at for next day branch or home delivery.  3,600 larger Post Office branches stock the leading currencies and around 7,000 offer euros over the counter without pre-order.  

These can also be ordered online for same day “click and collect” at selected branches, next day collection at any branch or home delivery.

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