According to the Portuguese Chamber of Commerce in the UK, there has been a 30% rise in enquiries about moving to Portugal over the last 12 months, as families look to secure both financial and lifestyle advantages before potential tax increases take effect.

Christina Hippisley, the Chamber’s manager, said:

“We’re seeing a lot of very focused plans being put into place, as families seek out the financial and lifestyle advantages that Portugal can offer.

“The anticipated Autumn Budget in the UK is accelerating that trend further, prompting people to consider their relocation options.

“People aren’t just keen to move out of the UK, they’re doing it fast.”

The Autumn Budget, set to be delivered by Chancellor Rachel Reeves on 26 November, is widely expected to introduce new property taxes on high-value homes, restrictions on pension lump sums, and additional tax pressures on businesses.

Credits: Supplied Image; Author: Client; 48,000 British residents now officially living in Portugal

Portugal continues to be one of the most popular European destinations for UK nationals, with more than 48,000 British residents now officially living there and an estimated 30,000 others owning property or spending part of each year in the country.

Against this backdrop, the Moving to Portugal Show returns to London’s Pestana Chelsea Bridge Hotel on 16 October, offering expert advice on relocation, investment opportunities, and tax-efficient residency routes.

The event will cover key programmes such as the Golden Visa and the IFICI (Tax Incentive for Scientific Research and Innovation) – often referred to as NHR 2.0.

Among the exhibitors is Portugal Pathways, which assists high-net-worth individuals and their families with relocation and investment planning.

Credits: Supplied Image; Author: Client; Growing concern over impending UK tax reforms is driving a surge in Britons preparing to relocate to Portugal

Its chairman and founder, Paul Stannard, commented:

“The current economic and political unease in the UK is prompting many high-net-worth individuals to consider their options.

“Portugal offers a fantastic quality of life, great healthcare and 300 days of sunshine. It’s not difficult to see its appeal.

“The likes of the Golden Visa provides a clear pathway to citizenship and access to the Schengen area; allowing hassle-free travel between member states.

“While the IFICI tax regime is designed to attract highly-skilled individuals with some very attractive tax rates over a 10-year period.

“We’ve seen a big uptick in UK citizens coming to us to assist in their move and expect that only to grow.”

The Moving to Portugal Show is free to attend and runs from 10.30am to 7.30pm on Thursday, 16 October at the Pestana Chelsea Bridge Hotel in London.

Contact Portugal Pathways for a no-obligation discovery call about relocating to and investing in Portugal