Since the 2007 financial crisis, Portugal's economy has undergone a significant transformation, marked by international economic rating upgrades and a surge in investor confidence.

In February 2025, the Japan Credit Rating Agency (JCR) raised Portugal's sovereign risk rating from 'A' to 'A+', maintaining a 'Stable' outlook.

This advancement highlights Portugal's diversified economic base, progress in structural reforms, and consistent fiscal consolidation, enhancing its resilience to external shocks.

Investor sentiment mirrors these positive developments. The EY Attractiveness Survey Portugal 2024 indicates that 84% of investors intend to establish or expand operations in the country, surpassing the Eurozone average of 72%.

Furthermore, 77% of global executives anticipate an improvement in Portugal's investment attractiveness over the next three years, exceeding expectations for the wider Eurozone (67%) and the UK (59%).

Paul Stannard, chairman and founder of Portugal Pathways and the Portugal Investment Owners Club, said:

“Portugal is uniquely positioned as a safe and stable investment destination with its vibrant culture and growing international reputation for investment and relocation.

“For HNWIs, affluent families, and institutional investors, the combination of economic stability, tax incentives, and market growth projections in key sectors of its economy make Portugal a compelling proposition.

“There has been a clear uptick in interest in the past year for Portugal’s Golden Visa and the new Tax Incentive for Scientific Research and Innovation (IFICI), also known as NHR 2.0 tax regime, which was launched at the beginning of 2025.”

Portugal's Golden Visa residency-by-investment programme has been a significant draw for non-EU citizens seeking residency through qualified investments, including select alternative investment funds.

By investing a minimum of €500,000 in one or more Golden Visa-approved alternative investment funds, investors and their eligible family members can obtain residence in Portugal and, after five years, dual citizenship and an EU passport.

The programme grants the right to live, work, and study in Portugal and facilitates visa-free travel across the 29 European Schengen countries, with a minimum stay requirement of seven days per year.

Paul Sheedy, international advisor to the Portugal Future Fund, an alternative investment fund approved for Golden Visa residency-by-investment in Portugal, noted:

“We’ve seen an uptick in investors turning their interests to Portugal. The Golden Visa residency-by-investment programme continues to attract HNWIs looking to relocate to Portugal while also potentially benefitting from a €500,000 investment in one or more of the regulated and approved alternative investment funds for Golden Visa.

“Portugal offers not only stability but a high quality of life, low cost of living, and the opportunity to benefit from and contribute to the country’s economic growth.”

Complementing these investment opportunities is the Portugal Investment Owners Club, also known as the P Club.

This exclusive membership community caters to discerning individuals, families, and organisations committed to exploring and capitalising on life in Portugal.

Portugal Investment Owners Club Members can enjoy unique money-can’t-buy experiences and access to exclusive events, fostering a community of like-minded investors who contribute to and benefit from Portugal's economic growth.

The P Club serves as a platform for networking, knowledge sharing, and accessing bespoke opportunities within Portugal's vibrant investment landscape.

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Portugal Investment Owners Club

The Portugal Investment Owners Club, or P Club for short, is a unique investor membership community designed for discerning individuals, families, and organisations committed to exploring and capitalising on life in Portugal and enjoying money-can't-buy experiences and exclusive events.

About Portugal Pathways

Portugal Pathways has supported hundreds of Golden Visa residency-by-investment applications and provides expert guidance through its professional supply chain network on luxury property, wealth management, and tax optimisation, including post-NHR tax regime planning, as well as private healthcare, IFICI tax incentive applications, money transfers and bespoke relocation solutions to enhance life and investments in Portugal.

About Portugal Future Fund

The Portugal Future Fund strategically invests in key sectors, driving growth and innovation across Portugal. Approved for Portugal’s Golden Visa residency-by-investment, it offers a unique opportunity for impactful and rewarding participation.

Disclaimer: The information on the Portugal Pathways and Portugal Investment Owners Club (P Club for short) websites and in email communications is for general informational purposes only and should not be construed as legal, tax, or financial advice. You should consult and check with a qualified professional advisor before relying on any information provided on this website or in email communications. As it relates to investments in Golden Visas or other wealth management solutions offered by regulated and professional advisors, it is important to note that past performance is no guarantee of future returns. Private equities can be highly illiquid and come with risk and should always be under professional independent advice.

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