Portugal today has 725 more ultra-wealthy residents than it did five years ago. But who are these people? Where does their wealth come from? And why do they keep choosing Portugal as a place to live and invest?
According to a recent study by British firm Knight Frank, the Prime International Residential Index (PIRI), the number of ultra-wealthy individuals — people with a net worth of at least €25mn (known as ultra-high-net-worth individuals, or UHNWIs) — has risen in Portugal by almost 50% over the past five years.
