Number of millionaires in Portugal will increase 49% by 2024

  • Início >
  • Notícias >
  • Number of millionaires in Portugal will increase 49% by 2024

Number of millionaires in Portugal will increase 49% by 2024
Reading time: 3 minutes
Published: 31st December 2019, 11:25am

As reported by the Credit Suisse Research Institute, the number of millionaires living in Portugal will rise from the current 117.000 to 174.000 by 2024. These are people with more than one million dollars of wealth, which corresponds to about 900.0000€ coming into the country.

The expected growth, which is 49% (equivalent to an additional 57.000 millionaires) pushes Portugal to the top of countries with the highest relative growth rate, only surpassed by Poland (74%), Japan (71%), and China (55 %), making it number two for the world’s most affluent travelers.


According to the Global Wealth Report, the strong appreciation of real estate assets, including houses, explains part of the growth of millionaires in Portugal. The real estate market has appreciated practically worldwide, and Portugal, along with Colombia, Hungary and the Philippines, is in the group that has recorded “robust” growth, between 10% and 13%.

“Currently famous for the Algarve and golf, travelers are starting to wake up to how much more the country has to offer.” - said Tom Barber, co-founder of Original Travel.

Globally, and according to the same report, wealth grew 2.6% in 2018 to $360 billion. The United States of America (US), China and Europe contributed most for the global wealth.

Source: travelpulse.com

Number of millionaires in Portugal will increase 49% by 2024

About Portugal Homes

PortugalHomes.com specializes in investments through Real Estate and Golden Visa. We help buyers find the right property overseas, whether it be for Golden VisaNHR, Investment or simply a place in the sun. Our properties are selected with great thought in mind to give our clients the best opportunities. We offer the complete service from introducing them to the Legal RepresentativesCurrency ExchangeMortgage AdvisorsProperty ManagementRental and Furniture Packages along with making sure all our staff are trained to fully understand the buying process and taxes for every scenario. Portugal Homes provides the complete service to anyone looking to buy a new or resale property overseas for holiday use or as a short or long-term investment.

To find out more, please contact us:
  • Phone: +351 213 471 603
  • E-Mail: info@portugalhomes.com
10th January 2020
Besides being one of the most coveted cities for real estate investment,…
8th January 2020
Ice-cream coloured buildings, cobbled streets and beautiful beaches, Lisbon…

Comprar uma propriedade em Portugall

A Portugal Homes possui profissionais muito experientes e conhecedores, que trabalham com alguns dos promotores mais reconhecidos em Portugal . A nossa vasta experiência permite-nos guiá-lo pelas melhores opções de investimento.

Seja casa de férias ou uma propriedade para investimento, selecionamos as melhores propriedades para o seu perfil e tratamos de todo o processo do início ao fim. Mesmo após a venda! Os nossos serviços de pós-venda assumem a responsabilidade de mobilar a seu gosto, manter a propriedade na sua ausência, dar apoio ao arrendamento, no caso de querer arrendar e muito mais!

Para saber mais sobre Residentes Não Habituais em Portugal e sobre os nossos serviços pós-venda, preencha o formulário abaixo.

Thanks to Andreia Leite for the comprehensive and timely updates on the construction progress of the new development we purchased!

Investidor dos EUA

Very helpful. Work with his heart. Mark is a very nice advisor. 

Investidor de Marrocos

Tudo correu lindamente. Consegui esclarecer todas as minhas questões. 

Investidor da Turquia

Ryan was an excellent real estate agent, he really steered me in the right direction based on what I said was important to me. Living in another country, I wasn't as familiar with the city as he is. Where I thought I wanted to live and what I truly wanted were not the same. He took the time to listen and figure out the best spot for me, and we are very happy with it - far more than we would have been elsewhere.

Investidor dos EUA

A experiência geral foi ótima desde o acompanhamento até o pós-venda. Gostaria de agradecer especialmente ao Sr. Simon, à Sra. Francisca e à Sra. Mariana.

Investidor dos EAU

George Hobson é um jovem agradável, conhecido como conhecedor, experiente, trabalhador, honesto e disciplinado; Senti-me muito confortável em fazer facilmente o meu investimento.

Cliente dos Emirados Árabes Unidos