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Speaking at a PSD conference in Maia, Porto, the prime minister struck an optimistic tone, arguing that while much of the world faces ongoing geopolitical and economic turbulence, Portugal is increasingly viewed as a safe and credible destination.
“In a world in a state of permanent instability, Portugal is considered to be permanently stable,” he said. “We have a stable country; we have a credible country. What is this, if not a great opportunity?”
His remarks come at a time when high-net-worth-individuals (HNWIs) are actively seeking security, mobility, and long-term planning options.
As global uncertainty persists, Portugal is increasingly seen as a compelling ‘plan B’ destination, with the Golden Visa programme continuing to attract attention from international investors.
A country on an upward trajectory
Montenegro stressed that Portugal today is “much better than it was in 2024,” pointing to reforms under his AD coalition government.
He contrasted the current landscape with the previous administration, describing a period marked by constrained public investment and reliance on higher taxation.
By comparison, he said, today’s Portugal offers a more balanced approach, with lower tax pressure and improved public services.
Economic resilience amid global uncertainty
Montenegro pointed to Portugal’s economic performance as further evidence of resilience. Despite instability across Europe, the Portuguese economy has outpaced Eurozone and EU averages.
He noted the government achieved a budget surplus in 2024, alongside measures such as income tax reductions, increased support for pensioners, and the gradual restoration of public sector pay.
In 2025, Portugal again exceeded expectations, avoiding a return to deficit despite a more volatile global backdrop.
Portugal as a ‘plan B’ destination
This combination of political stability, economic resilience, and quality of life is resonating with globally mobile families and investors.
As uncertainty affects multiple regions, Portugal’s reputation as a safe haven continues to strengthen.
The country offers a stable EU base, a reliable legal framework, and residency pathways such as the Portugal Golden Visa, which remain a key consideration for those seeking diversification and long-term security.
For many HNWIs, the appeal lies in Portugal’s balance: stability, accessibility, and lifestyle. From climate and culture to safety and connectivity, the country presents a well-rounded proposition at a time when predictability is increasingly valued.
About Portugal Pathways
Portugal Pathways has supported hundreds of Golden Visa residency-by-investment applications and provides expert guidance through its professional supply chain network on estate planning, wealth management, Golden Visa and tax optimisation, including post-NHR / IFICI tax regime planning, as well as private healthcare, money transfers and bespoke relocation and luxury real estate solutions to enhance life and investment in Portugal
Disclaimer: The information on the Portugal Pathways and Portugal Investment Owners Club (P Club for short) websites and in email communications is for general informational purposes only and should not be construed as legal, tax, or financial advice. You should consult and check with a qualified professional advisor before relying on any information provided on this website or in email communications. As it relates to investments in Golden Visas or other wealth management solutions offered by regulated and professional advisors, it is important to note that past performance is no guarantee of future returns. Private equities can be highly illiquid and come with risk and should always be under professional independent advice. Golden Visa investments need to be held for 6 to 7 years to allow for permanent citizenship/passport in the EU.
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