According to the Portugal Business News, Portugal ranks 9th country globally with the highest projected net inflows of millionaires in 2024, according to the Henley Private Wealth Migration Report 2024.
Over 800 millionaires (High Net Worth Individuals with liquid investable wealth of USD 1 million or more) have chosen to become Portuguese residents in 2024, according to projections based on data for the first six months of the year.
Portugal has seen a large influx of wealthy residents over the past decade, especially from mainland Europe, the UK, Brazil, South Africa, China, Türkiye, and the USA. Despite recent changes to its popular Golden Residence Permit Program, Portugal continues to attract large numbers of millionaires in 2024.
Over 800 millionaires (High Net Worth Individuals with liquid investable wealth of USD 1 million or more) have chosen to become Portuguese residents in 2024, according to projections based on data for the first six months of the year.
Portugal has seen a large influx of wealthy residents over the past decade, especially from mainland Europe, the UK, Brazil, South Africa, China, Türkiye, and the USA. Despite recent changes to its popular Golden Residence Permit Program, Portugal continues to attract large numbers of millionaires in 2024.