Portugal has been in the spotlight for several years attracting the rich, consistently ranked as one of the best places in the world to live, according to Internations, and for ultra-wealthy investors to relocate to. With low levels of social conflict and a high degree of adaptability, this democratic, stable Western European country with solid institutions promises political and social stability.
From its delicious traditional cuisine, warm hospitality, and vibrant heritage to its varied natural landscapes and moderate climate — our ‘rectangle’ of Europe is much loved by all. The Portuguese are known for being a very welcoming, open, peaceful, and tolerant people. Indeed, we have a culture of peace,
Safety and Peace
Portugal ranks 7th in the Global Peace Index 2024, which measures the level of peacefulness in 163 independent states and territories. Portugal has consistently ranked among the most peaceful countries in the world, with low scores in indicators such as violent crime, terrorism, and political instability.
Lisbon
the capital city of Lisbon hosts the headquarters of numerous multi-national corporations. Facilitating imports and exports through its harbor, the busy port city is an asset, fostering trade activities and growth in the region.
Portuguese Passport
The Portuguese passport is one of the most powerful in the world, ranking 5th in the Henley Passport Index thanks to enabling visa-free travel access to 189 destinations. And those who obtain residence rights via investing in a Golden Residence Permit can travel throughout the Schengen Area without having to obtain a visa, which is highly valued by business and leisure travelers alike.
Why so many wealthy families moving to Portugal?
Millionaires who value their privacy find Portugal to be a safe country where they can live with greater anonymity and personal freedom. also an increasingly attractive option for diversifying wealth and investing in a stable, globally connected economy.
According to the latest Henley Private Wealth Migration Dashboard, Portugal is projected to be the ninth most popular destination globally for relocating millionaires in 2024, with a net inflow of 800 high-net-worth individuals with liquid investable wealth of USD 1 million or more expected.
The same dashboard shows that at the end of December 2023, there were 62,700 millionaires calling Portugal their home, including 108 centi-millionaires, Lisbon alone — one of the Cities to Watch — is home to 37 of these ultra-wealthy investors, which is a remarkable 34% of the centi population. Even more — 45 centi-millionaires, or 42% — reside in the Algarve region,
