Nightlife Culture
Tax Concerns Drive Wealthy Brits Toward Portugal Residency
A new survey shows 82.6% of affluent UK investors cite taxes as their main reason for seeking a second residency, with Portugal leading the choice.
19 October 2026 · Reported from PR Newswire
A recent La Vida survey reported that 82.6% of wealthy UK investors consider taxation the top factor when looking at a second residency or citizenship. Brexit also shapes the decision for nearly two-thirds of respondents. Portugal is the clear favorite, selected by almost three quarters of those surveyed, highlighting a shift in where affluent Britons plan to live and spend their leisure time.
Source: PR Newswire