
Portugal
NHR successor IFICI + strong tourism demand in Lisbon & Algarve
Currency Risk
EUR
✅ Strengths
- ▸World Bank Rule of Law 82%ile — strongest in group
- ▸Strong tourist infrastructure; Lisbon & Algarve STR demand
- ▸IFICI (NHR successor) for new residents
⚠ Risks
- ▸NHR regime ended Jan 2024 — verify current IFICI status
- ▸Golden Visa RE route eliminated Oct 2023
- ▸50% of homes uninsured against wildfire (2025 season severe)
CASABROVA Verdict
Excellent for EU citizens and quality-of-life investors. Very good for UK and Israelis.
Other: CASABROVA Score unavailable for this profile.
Recommended Strategy
Lisbon LT rental or Algarve STR. Avoid relying on NHR — verify IFICI status with tax advisor.
Based on CASABROVA Waves 1–8, Q1 2026. Not financial or legal advice.