Portugal is asserting itself as one of the 10 most attractive destinations in the world for foreign millionaires. In Europe, only Italy and Switzerland should receive more super rich this year.
Portugal is one of the most attractive destinations for foreign millionaires. According to the latest private Wealth Migration Report 2025, by British consultant Henley & Partners, the country should welcome 1400 more individuals with assets raised over 2025. These new residents bring with them an estimated total of $ 8.1 billion in wealth.
This phenomenon confirms a trend that has been consolidating over the past decade. Between 2014 and 2024, the number of foreign millionaires to be established in Portugal increased 38%.
Despite not leading the world ranking, Portugal positions itself as the Seventh most attractive country for millionaires In 2025, surpassing economies such as Greece, Canada, Japan, Monaco or Netherlands. At the top of the list are the United Arab Emirates, which are expected to receive 9800 millionaires this year, representing a total of $ 63 billion, says.
To Europe, Only Italy and Switzerland surpass Portugal In attractiveness, when the arrival of 3600 and 3000 foreign millionaires, respectively, is predicted. The United Kingdom, on the other hand, stands out for the negative by predicting the departure of 16,500 millionaires in 2025-more than double from China, the second country with the largest exodus (7800 millionaires).
The Portuguese capital has also benefited from this trend. According to a previous report by Henley & Partners, released in April, Lisbon first entered the List of 50 cities with more millionaires In the world, occupying 50th position with 22 200 residents with large fortunes. Among these, 45 have heritage more than $ 100 million and four exceed a thousand million.
Portugal’s growing attractiveness to super rich is due to a set of factors, such as mild climate, security, or favorable tax regimes for foreign residents, such as Gold Visas. However, this influx also raises questions about the impact on the real estate market and social inequalities, at a time when the Housing Crisis It is already one of the problems that most worries the Portuguese.
