A New Beginning: American Exodus to Portugal’s Algarve
I’ve been watching with great interest as more Americans consider Europe as their new home. Over the last 20 years working in luxury real estate in the Algarve, I’ve witnessed many international clients seeking refuge in our peaceful corner of Europe, but the current wave of Americans
The repeal of the 15% CEAL tax and its impact on Investors in 2025
Introduction to Short-Term Rental Trends in the Algarve Over the last few years, the short-term rental market has experienced significant changes, especially with the recent reforms implemented from 2023 to 2025. These changes have not only reshaped the landscape for investors but have also provid
Changes to UK Inheritance Tax Rules in 2025 and What it Means for Opportunities in Algarve Real Estate
Changes to UK Inheritance Tax Rules in 2025 and What it Means for Opportunities in Algarve Real Estate Over the last 20 years, I have witnessed the Algarve transform into a vibrant real estate market, driven by its stunning landscapes, attractive tax environment, and the allure of EU residency throu
Modelling a €6M Villa Purchase in Portugal
What Are the Purchase Costs of Private Ownership? If you are purchasing a €6,000,000 villa without a mortgage or financing, the financial model below details the associated tax and legal costs. 1. Initial Purchase Costs When purchasing the property outright, you will still need to account for the
Real Estate Wealth Insights: What Algarve’s Property Market Data Reveals for 2024
Having spent decades in this region, I’ve witnessed firsthand the shifts in buyer preferences, market trends, and the sheer resilience of this coastal paradise. In 2024, the Algarve continues to be a beacon for investors, both local and international, and the data reveals some fascinating insigh
What are the tax implications for UHNW non-doms moving to Portugal
For Ultra High Net Worth (UHNW) non-domiciled individuals (non-doms) moving to Portugal, the tax implications under the country’s updated Non-Habitual Residency (NHR) 2.0 regime offer a range of significant benefits, particularly for those seeking to optimize their tax liabilities. The Appeal to U
UK Autumn Budget 2024, The Pro’s, Con’s, Expectations & Opportunities for UK based UHNW Non-Doms
The 2024 Autumn Budget in the UK has introduced significant changes that will impact Ultra High Net Worth (UHNW) non-domiciled individuals (non-doms) in London, as well as the future of property investments in central London. Below is an analysis of the pros and cons for UHNW non-doms and expectat
Residency by Investment Programs
Portugal’s Residency by Investment Programs In recent years I’ve seen firsthand how Residency by Investment programs have transformed the landscape of property ownership and investment in Europe. Today, I’d like to share my insights on the best Residency by Investment Programs in Europ
Potential Impact of UK’s Autumn Budget on UHNW Migration & Algarve Luxury Property Market
The UK’s approaching Autumn Budget could potentially introduce changes which may significantly affect ultra-high-net-worth (UHNW) individuals, prompting a ‘property investor’ migration from London.   Some say that this migration already began earlier in 2024 as investors began to secon
NHR 2.0 – The New Portuguese Non-Habitual Residency Scheme 2024
I’ve been closely following the developments in Portugal’s tax incentives for foreign residents, and I have to say, the Non-Habitual Resident (NHR) program has been a game-changer for many of my clients looking to invest in the Algarve’s luxury property market. Over the last 15 y


