Wealthy Expats in Portugal Survey Report 2025 Confirms Country's Leading Position for International Relocation
World Digital Foundation Research has extensively analysed Portugal's standing as a premier destination for global relocation.
World Digital Foundation Research has extensively analysed Portugal's standing as a premier destination for global relocation, culminating in the Wealthy Expats in Portugal Survey Report 2025. This independent study provides a detailed insight into the motivations, experiences, and financial strategies of affluent expatriates who have chosen Portugal as their home.
The report examines key elements influencing wealth migration, including quality of life, taxation, property market trends, and investment opportunities. The findings reinforce Portugal's reputation as a prime location for high-net-worth individuals seeking a stable, attractive living and investment environment.
Download the Wealthy Expats in Portugal Survey Report 2025
Portugal's Property Market and Tax Benefits Continue to Attract Expats
Among the key insights revealed in the report, 91% of respondents consider Portugal's real estate market highly appealing, and 83% highlight its advantageous tax and investment framework as a crucial factor in their relocation decision. Furthermore, 88% of affluent expats express high satisfaction with their move, well above the global average of 72%.
These findings underscore that Portugal offers more than just financial incentives; its lifestyle, affordability, and stability continue to make it a preferred destination for high-net-worth individuals and their families.
Evolving Tax Landscape and Financial Planning Considerations
The report highlights significant tax reforms in 2025, notably replacing the Non-Habitual Residency (NHR) tax regime with the Tax Incentive for Scientific Research and Innovation (IFICI), commonly referred to as NHR 2.0. This new tax framework aims to attract skilled professionals in key industries such as science, technology, healthcare, and engineering by offering a 20% flat tax rate. Additionally, the 0% tax on non-Portuguese sourced dividends and capital gains remains in place, further solidifying Portugal's appeal for wealth preservation and tax-efficient investment.
Despite these changes, the report finds that only 29% of wealthy expats in Portugal have formulated long-term tax and financial plans beyond the initial 10-year NHR period. This highlights the increasing necessity for strategic estate and wealth management planning, reinforcing the importance of professional financial guidance.
Portugal's Real Estate Market Remains a Key Attraction
Despite the removal of real estate purchases as a pathway for Golden Visa residency-by-investment eligibility, Portugal's property market remains robust. Luxury apartments in Lisbon, beachfront villas in the Algarve, and historic properties in Porto are highly sought after by affluent investors.
Alternative investment options, such as CMVM-regulated investment funds, provide another avenue for securing Golden Visa residency. These funds not only grant investors access to Portugal and the broader Schengen region but also offer portfolio diversification, contributing to the resilience of Portugal's investment landscape.
Beyond financial benefits, the country's quality of life remains a decisive factor for expatriates. With 81% of respondents rating Portugal's quality of life as exceptional, attributes such as a Mediterranean climate, cultural richness, safety, and affordability further solidify its status as a prime relocation destination.
Exclusive Opportunities for Portugal Investment Owners Club Members
For those seeking premier investment and networking opportunities, the Portugal Investment Owners Club (P Club) offers exclusive membership benefits. Members gain access to elite investment prospects, high-level networking, private events, and luxury lifestyle experiences.
As Portugal's investment landscape continues to evolve, P Club serves as a vital platform for navigating these changes. Whether securing prime real estate, accessing top-tier financial and legal expertise, or enjoying tailored travel and leisure experiences, members benefit from unparalleled exclusivity and insight.
Portugal's Investment Future Remains Strong
Portugal continues to solidify its global reputation as a top destination for expatriates and investors. With a flourishing luxury property market, attractive tax structures, and an outstanding quality of life, the country remains an attractive choice for high-net-worth individuals worldwide.
The Portugal Pathways Golden Visa Investment Fund Index 2025 indicates a thriving market, with over 40 CMVM-regulated investment funds spanning diverse sectors, including media, tourism, hospitality, renewable energy, technology, and healthcare. These industries are instrumental in driving Portugal's A+ economic rating.
Additionally, Portugal is projected to outperform the Eurozone and the UK in GDP growth for 2025. Inflation rates have declined from 3.0% to 2.5% in the first quarter of the year, contrasting with rising inflation trends in North America, Europe, and the UK.
Paul Sheedy, special advisor to the Portugal Future Fund—an alternative investment fund approved for Golden Visa residency-by-investment—commented:
"We have observed a growing interest in Portugal from international investors. The Golden Visa residency-by-investment programme remains highly attractive to high-net-worth individuals seeking residency and investment opportunities. By committing €500,000 or more to one or multiple CMVM-regulated funds, investors can secure residency while contributing to Portugal's economic growth.
Portugal offers stability and a high quality of life, a reasonable cost of living, and promising economic opportunities for investors worldwide."
Download the Wealthy Expats in Portugal Survey Report 2025
To access the full report and gain deeper insights into Portugal's wealth migration trends, download the Wealthy Expats in Portugal Survey Report 2025.
