According to the Henley Private Wealth Migration Report 2025, released in June, the UK is forecast to lose a staggering 16,500 millionaires this year alone, driven largely by sweeping tax reforms introduced in the October 2024 budget. Capital gains and inheritance tax hikes, alongside the tightening of rules affecting non-domiciled residents, have triggered what some in the industry are calling a “WEXIT”, the mass exit of wealth from the UK.

While the UK contends with this capital flight, countries like Switzerland, Italy, Greece, and notably Portugal are seeing an inflow of affluent individuals seeking stability, lifestyle, and tax efficiency. Portugal alone is projected to gain +1,400 new high-net-worth individuals (HNWIs) in 2025.

Lifestyle Meets Investment Opportunity

With its stable economy, secure environment, and exceptional quality of life, Portugal is drawing international attention from a wide range of buyers, from retirees and families to entrepreneurs and remote workers. In response, developers across the country are launching projects that blend lifestyle with long-term value.

In the western Algarve, Reserva da Luz, currently being commercialised by DDM, is attracting buyers seeking peace, privacy, and panoramic Atlantic views. Gerry Fagan, Chairman of DDM, explains: “Today’s buyers are looking beyond investment. They want architecture that blends with nature, room for remote work and wellness, and above all, a place to call home. Reserva da Luz offers just that, in a setting that’s quiet, safe, and incredibly scenic.”

In Faro (Central Algarve), Garvetur is bringing a new kind of urban lifestyle project to market. “The Shipyard”, a just-launched development, is designed to meet the expectations of international buyers who want the vibrancy of a city lifestyle with proximity to the airport, marina, restaurants, and cultural life.

Ana Abrantes of Garvetur highlights the changing market dynamics: “Buyers are increasingly discerning. They want location, design, and convenience and they’re acting now because they recognise the fundamentals are shifting. Land in prime areas is becoming scarce, and construction costs are rising due to global raw material prices. This is driving steady upward pressure on property values, especially in well-located, thoughtfully designed projects.”

Portugal’s Residential Sector Rises to the Moment

From the Algarve to Lisbon, Porto to the Silver Coast, developers are responding to this growing demand with projects that reflect a new set of priorities: sustainability, energy efficiency, access to nature, and community-focused amenities.

And while luxury properties often make the headlines, the interest extends across the market with an increasing number of mid-range buyers looking to Portugal for its affordability, climate, and family-friendly appeal.

A Showcase of Portuguese Living: From City to Coast

These evolving trends and offerings will be showcased at the upcoming Moving to Portugal Show on the 16th of October, organised by the Portuguese Chamber of Commerce. The event will bring together a broad range of developers, legal and financial advisors, and relocation experts, presenting the full range of residential opportunities available across Portugal.

From ocean-view villas like Reserva da Luz, to city-centre living at The Shipyard, and more accessible lifestyle projects for families and professionals, the event reflects the strength and diversity of Portugal’s property market. Whether you’re relocating, retiring, investing, or simply exploring, the show offers a unique opportunity to meet the people and projects shaping Portugal’s future as Europe’s most liveable destination.

Registration is free, but places for personal consultations and seminars are limited and will be allocated on a first-come, first-served basis. Early booking is strongly advised.

Register Now: https://London-MTP.eventbrite.co.uk