Portugal, a Haven for Expats from Across the World
Portugal’s Non-Habitual Residents (NHR) regime has proved very successful in the ten years it has been in place. During this time it has resulted in a significant influx of foreign wealth into the country through investors looking for the freedoms and security of a European Union, Schengen Area jurisdiction; offering a stable political climate, enviable quality of life and innovative investment environment.
Blacktower Financial Management operates from offices in Lisbon and the Algarve and caters to the needs of these cross-border wealth management clients, helping them realise the full financial potential of living in Portugal.
The world economy is experiencing a very strong but uneven recovery, with many emerging market and developing economies facing obstacles to vaccination. The global outlook remains uncertain, with major risks around the path of the pandemic and the possibility of financial stress amid large debt loads. Policy makers face a difficult balancing act as they seek to nurture the recovery while safeguarding price stability and fiscal sustainability. A comprehensive set of policies will be required to promote a strong recovery that mitigates inequality and enhances environmental sustainability, ultimately putting economies on a path of green, resilient, and inclusive development.