While factors such as welfare benefits in Portugal are good, the most important point is that Portugal offers an extremely attractive lifestyle, a key driver of immigration into the country. Interestingly, Portugal has always had a rich history, art and culture that makes it a great place to live, but the increase in foreign interest has only recently emerged. In fact, with the transition to hybrid work and the global status quo, foreigners and international businesses have significantly increased their influx of homes or headquartered on one of Portugal’s picturesque coastlines. These foreign investors are often mature. , business owner, entrepreneur who successfully retires or wants to get a backup plan and improves the quality of life.
According to Henley & Partners' Global Citizenship Report, approximately 88,000 wealthy people are expected to move abroad by the end of 2022, and Portugal is one of the top 10 countries that are expected to flood millionaires. In fact, Henley & Partners identified the Portugal Gold Residence Permit Program as the most attractive project of 2022 and expects 1,300 wealthy people to relocate next year, with Portugal ranked 6th on the list of countries attracting the most millionaires. Through investment and relocation, these wealthy people are stimulating and increasing the value of the Portuguese economy, creating jobs and further promoting the brand. It should be noted that the quality of these investors is the fortunate to welcome them.
The attractiveness of my real estate investment - whether it is buying real estate directly or fund form - is more prominent, especially for international investors. Statista’s 2022 survey data suggests that the most important factors that decide to invest in European urban development or real estate markets are the predicted real estate returns, the availability of assets/new development opportunities, the economic performance of cities, market size and liquidity, transportation and digital connections , among other factors. Therefore, the growing popularity of international investors, especially wealthy people, provides a positive indicator that the major cities of interest in Portugal rank high in these categories.
