Crypto payments using Mastercard are now possible through a partnership with Bleap  - Portugal Business News Crypto Payment News – Crypto payments using Mastercard are now possible through a partnership with Bleap. Here are the advantages of using Bleap:   Crypto payments startup Bleap just announced a partnership with Mastercard to spend stablecoins through a fiat currency conversion at more than 150 million merchants accepting Mastercard worldwide.     1 - What is Bleap? Bleap is a blockchain-powered neobank that delivers a radically new, user-centric banking experience.  Bleap is incorporated in the UK and Poland and is registered as a Virtual Asset Service Provider (VASP) in the EU.   “We wanted an app that combines blockchain’s power with the best of banking,” stated Joao Alves, who previously led Revolut’s card program.      2 - What are the funding rounds of Bleap and who are the founders?   Crypto payments startup Bleap raised $2.3 million in a pre-seed funding round in November 2024 led by Ethereal Ventures with support from Maven11, Alliance DAO, Robot Ventures, and angel investors from Revolut, Phantom, OKX, EigenLayer, and Consensys.   The founders of Bleap are former Revolut employees Joao Alves and Guilherme Gomes.       3 - What is the Bleap wallet and are there transfer fees?   Bleap is a self-custodial payments app that enables customers to spend stablecoins 1:1 with a debit card, with no fees and up to 2% cashback on purchases.   Bleap provides a self-custodial wallet linked to a Mastercard debit card, letting users spend stablecoins directly in the real world without conversion fees.  Users can transfer funds globally, instantly, and without fees. Because Bleap doesn’t hold user funds, customers retain 24/7 access to their assets directly on the blockchain.     4 - Does Bleap rely on banking intermediaries?   While traditional custodial crypto wallets use traditional financial institutions like banks to retain custody of your assets, Bleap does not use banking intermediaries since it is a self-custodial crypto wallet and users keep total control of their cryptocurrencies and other digital assets, such as Bitcoin.   Bleap is a new kind of fintech powered by stablecoins. Stablecoins are fast, borderless, and accessible to anyone with a phone. Through the partnership with Mastercard,  stablecoins are now integrated into the financial mainstream. With new MiCA regulations in Europe, Bleap is ready to bridge the divide between digital currencies and everyday spending, using blockchain’s efficiency for fast and low-cost transactions.   The new partnership between Bleap and Mastercard aims to more closely link on-chain assets with traditional payments, addressing a critical gap in blockchain finance.     5 - What are the advantages of using Bleap? 1 -  Bleap users can pay with a Mastercard debit card and  earn up to 2% cashback 2 – The Bleap   app supports multi-currency accounts at real market rates 3 –  Bleap users can earn up to 5% on their EUR balance and up to 11% on their USD balance . Bleap offers savings rates that are nearly 5x higher than traditional banks, enabled by stablecoins and decentralized finance. 4 – Bleap users can send money instantly and for free everywhere in the world , with no hidden fees, no intermediaries and full control.    6 - What is the future of money and of crypto payments   The future of money is already here, with self-custodial crypto wallets becoming mainstream and partnering with Mastercard.   The Bleap self-custodial crypto wallet is preparing to expand across Europe and Latin America, and to expand its infrastructure so other wallets can also plug in.   Bleap has expanded its offerings with yield-generating vaults, trading, and exchange features, onboarded thousands of users who adhere to industry KYC processes, and processed over $5 million in transactions— generating $100,000 in savings.

Ronaldo becomes the world’s No 1 highest-paid player in 2023 - Portugal Business News Portugal football news – Portuguese Cristiano Ronaldo becomes the world’s No 1 highest-paid football player in 2023 according to data just released by Forbes. Portugal’s wonder boy Cristiano Ronaldo is reported to be the No 1 highest-paid football player in the world in 2023 with total earnings of USD 260 million. Forbes has assessed Ronaldo’s earnings to be USD 200 million on-field at Al Nassr and USD 60 million off-field obtained through advertising contracts. The world’s second highest-paid football player in 2023 is Argentinian Messi whose total projected earnings reach $135 million. Forbes has assessed Messi’s earnings to be USD 65 million on-field at Inter Miami and USD 70 million off-field obtained through advertising contracts. “Everybody's still watching Ronaldo” says Rossi Biddle, the owner of sports marketing firm XtraTimeFC. Ronaldo’s earnings are boosted by lucrative off-field advertising contracts, including Nike, Jacob & Co, Clear, Herbalife and Binance, through which he is earning an estimated amount of USD 60 million annually. The Forbes ranking includes the world’s highest-paid football players for the 2023-24 season as well as off-field estimates of annual endorsements, licensing, and appearances. #portugalnews #newsportugal #footballnewsportugal #cristianoronaldonews #Ronaldobecomestheworldno1highestpaidplayerin2023 #whoisthehighestpaidfootballplayerin2023 #CristianoRonaldo #Forbes #AlNassr

What is Portugal’s Millionaire Triangle and why do they choose to own a property in the Golden Triangle? - Portugal Business News Portugal Millionaires news - What is Portugal’s Millionaire Triangle and why do they choose to own a property in the Algarve? Portugal’s Millionaire Triangle or Golden Triangle, that is located in the Algarve, is defined by Vilamoura marina to the west, by the luxury resorts of Quinta do Lago to the east, and by Michelin star restaurants in Almancil to the north. Portugal’s Golden Triangle is a seasonal hotspot for millionaires according to the Henley & Partners Centi-Millionaire Report 2023 that includes statistics provided by global wealth intelligence firm New World Wealth. What is a Centi-Millionaire? A Centi-Millionaire is a person with investable assets that are over USD 100 million. Centi-millionaires are usually founders of large multi-national companies or the heirs to vast family fortunes. The world’s centi-millionaires outnumber billionaires by nearly 10-1 worldwide in 2023 and their numbers have more than doubled over the past 20 years, making them an important market segment for real-estate investment. Why do millionaires choose to own a property in Portugal’s Golden Triangle? Millionaires having investable assets of over USD 100 million love to travel and therefore invest in their favorite destinations. Portugal’s Golden Triangle is a favorite seasonal hotspot for millionaires seeking sunshine according to the Henley & Partners Centi-Millionaire Report 2023. Portugal’s Golden Triangle in the Algarve is the place where around 20 millionaires live all year round, and this figure surges to over 250 centi-millionaires during the summer months. Owning a portfolio of alternative residences and citizenships has become an essential component of most of the world’s millionaires having investable assets of over USD 100 million. This allows them to diversify their taxation structure in order to limit its negative impact on wealth growth. Being able to swiftly move to another tax jurisdiction is deemed to be critical for millionaires who want to manage their wealth and to enjoy the freedom without borders that is provided by alternative residences and citizenships that are obtained through investment. How do millionaires obtain their wealth? Millionaires usually obtain their wealth through four main sources: inheritance, selling off their small to medium-sized enterprises, trading and investing in stock markets, and by leading multi-nationals or highly successful tech companies. How many millionaires are there in 2023? There are over 28,420 centi-millionaires in the world in 2023, out of which around 38% live in the US. Where do most of the world’s millionaires live in 2023? Most of the world’s millionaires having investable assets of over USD 100 million live in large cities. What are the Top 10 cities in the world where millionaires live in 2023? 1 – New York city, USA 2 – The Bay Area, USA 3 – Los Angeles, USA 4 – London, UK 5 – Beijing, China 6 – Shanghai, China 7 – Singapore 8 – Hong Kong 9 – Chicago, USA 10 – Paris & Ile-de-France, France #portugalnews #newsportugal #investmentnewsportugal #realestatenewsportugal #propertynewsportugal #millionairesnewsportugal #whatisportugalsmillionairetriangle #whatisportugalsgoldentriangle #w hatisacentimillionaire #whydomillionaireschoosetoownapropertyinportugalsgoldentriangle #howdomillionairesobtaintheirwealth #howmanymillionairesaretherein2023 #wheredomostoftheworldsmillionaireslivein2023 #whatarethetop10citiesintheworldwheremillionaireslivein2023

Cristiano Ronaldo’s house will be the most expensive one in Portugal - Portugal Business News Portugal real estate investment news - Cristiano Ronaldo is building a mansion that is deemed to be the most expensive one in Portugal. How much does Cristiano Ronaldo’s new house in Portugal cost? Cristiano Ronaldo is building a new luxury mansion in Cascais, that is just outside the Lisbon city center, at a cost of over EUR 20 million. However, since construction costs soared by 70%, due to the increase in the price of construction materials, the house is expected to be twice the initial amount budgeted. Cristiano Ronaldo’s new real estate investment in Portugal comprises a modern mansion of 899 square meters that is nestled within a plot of land in Cascais that measures 8,991 square meters. The extravagant property that is designed by architect Vítor Vitorino will have four floors and will be very modern with panoramic glass windows overlooking the Atlantic. The mansion will include a cinema room, a gym, a football field, and large garages to store the collection of 30 luxury cars owned by Ronaldo. How much does a property in Cascais, Portugal, cost? A property in Cascais, that is located along the Atlantic coast just outside the Lisbon city center, costs EUR 3,902/m2. While it is one of the most expensive municipalities in Lisbon, it costs less than a property in the city center where real estate costs EUR 4,275/m2, since house prices in the Lisbon Metropolitan Area have increased by 11.1% compared to 2022. Click here for house prices in different regions in Portugal What are Cristiano Ronaldo’s real estate investments in Portugal? In addition to the new luxury mansion of 899 square meters that he is building in Cascais at a cost of over EUR 20 million, Cristiano Ronaldo also owns an apartment on Lisbon’s main avenue where all the luxury boutiques are located, Avenida da Liberdade, as well as the most expensive penthouse ever sold in Portugal that is located on Rua Castilho in Lisbon. Portugal’s football star also owns a building in Funchal on the island of Madeira, where his mother and older brother live. Where is Cristiano Ronaldo’s new house in Portugal? Cristiano Ronaldo is building an extravagant mansion in Lisbon’s upmarket beachfront area, Quinta da Marinha, in Cascais. Cascais is just a short distance from the Lisbon city-center with the additional advantages of the golden beaches, the surfing spots, and golf courses, while being close to the forested Sintra mountains that are studded with ancient palaces. The trendy Portuguese Riviera borders the Atlantic and is home to Portuguese expats and celebrities. When will Cristiano Ronaldo’s new house in Portugal be completed? While construction on Cristiano Ronaldo’s four-story mansion in Portugal started 3 years ago, it is not expected to be completed before June 2024. Meanwhile, Ronaldo is busy looking for a new chef to cater for his large family, Georgina Rodríguez and the couple's young children: Bella Esmeralda, Alana Martina, Eva, Mateo, and Cristianinho. However, the football star is not expected to move into his extravagant mansion before the end of his contract with Al Nassr, that is not before 2025. #portugalnews #newsportugal #cristianoronaldonews #realestateinvestmentnewsportugal #propertynewsportugal #CristianoRonaldoshouseinportugal #h owmuchdoesCristianoRonaldosnewhouseinportugalcost #howmuchdoesapropertyincascaisportugalcost #whatarethe housepricesindifferentregionsinportugal #whatareCristianoRonaldosrealestateinvestmentsinportugal #whereisCristianoRonaldosnewhouseinportugal #whenwillCristianoRonaldosnewhouseinportugalbecompleted

This is why Princess Eugenie chose to live in Portugal - Portugal Business News Portugal royalty news - This is why Princess Eugenie chose to live in Portugal: Princess Eugenie has revealed that the secret reason why she chose to live in Portugal is that she no longer has to worry about her appearance: "That's why living in Portugal is a dream, because I can go to the supermarket in training clothes and a hair clip without caring!" While living in the UK, Princess Eugenie was under the constant pressure of keeping up appearances as a public figure and this took a toll on her happiness. However, when Princess Eugenie came to Portugal with her husband Jack Brooksbank and their two sons, August and Ernest, she was finally able to relax away from the paparazzi and the constant pressure to look like a royal all the time. While her husband works for the Costa Terra Golf & Ocean Club, Princess Eugenie is living her dream of a normal life in Portugal’s beautiful and pristine Alentejo. Comporta, Portugal - Portugal Business News While Costa Terra Golf & Ocean Club is just an hour south of Lisbon, it is still a well-kept secret away from the usual tourist crowds. The luxury resort overlooks large stretches of white beaches and is nestled between the villages of Comporta and Melides. Melides is the idyllic Portuguese village where Christian Louboutin has also chosen to live his dream and to invest in two boutique hotels. #portugalnews #newsportugal #portugalroyaltynews #portugalcelebritiesnews #newsprincesseugenieportugal #CostaTerraGolfandOceanClub #alentejoportugal

Portuguese billionaires are 13% richer in 2024 - Portugal Business News Portuguese billionaires’ news - Portuguese billionaires are 13% richer in 2024. The fortunes of the richest families reached almost 16.9 billion euros on the Lisbon Stock Exchange in 2023, that represents an increase in wealth of 2.2 billion euros compared to 2022.     Here are Portugal’s Top 3 billionaires who are richer in 2024: 1 - The Soares dos Santos family The No 1 Portuguese billionaire family that is richer in 2024 is the Soares dos Santos family, that is the largest shareholder of Portuguese multinational Jerónimo Martins. Jerónimo Martins earned 1.16 billion euros in 2023, that makes the Soares dos Santos family richer by 13.5%.     Portuguese company Jerónimo Martins is an international Group that is over 230 years old and that operates in the food distribution sector. The company has millions of consumers in three countries, namely the food store chain Biedronka in Poland, the Pingo Doce supermarket and the cash and carry retail store Recheio in Portugal, as well as the Ara chain of discount stores in Colombia.     2 – The Amorim family The second billionaire family in Portugal that is richer in 2024 is the Amorim family that earned 237 million euros in 2023, due to the appreciation and dividends of Portuguese companies Galp and Corticeira Amorim.   Portuguese company Galp Energia is a multinational energy corporation, operating in the field of oil, natural gas, and renewable energy supply, that was founded in 1999.   Portuguese multinational Corticeira Amorim is the world’s largest cork processing group founded in 1870.     3 – The Queiroz Pereira family The No 3 billionaire family in Portugal that is richer in 2024 is the Queiroz Pereira family, namely the three heirs, Filipa, Mafalda and Lua. The wealth of the third Portuguese billionaire family has reached 2.66 billion euros through the shares they hold in Portuguese companies Semapa and The Navigator Company.   Portuguese company Semapa is one of the largest industrial groups in the country with a global presence and the main shareholder is the Queiroz Pereira family. The company operates in the fields of cement and building materials, pulp and paper, as well as venture capital.   The Navigator Company is a Portuguese multinational that operates in the fields of forestry, cellulose pulp, renewable energy, paper, and tissue, as well as research. #portugalnews #newsportugal #portuguesebillionairesnews #billionairesnewsportugal #whoarethebillionairesinportugal #whatistherichestfamilyinportugal #JerónimoMartins #GalpEnergia #CorticeiraAmorim #Semapa #TheNavigatorCompany

Portugal is a tax haven for French fortunes - Portugal Business News Portugal billionaire news - Portugal is a tax haven for French fortunes according to an investigation by franceinfo.   The investigation unit of Radio France has published a report  of French fortunes, mostly individuals, who are leveraging personal income tax incentives in Portugal.   Famous French individuals such as Florent Pagny, Isabelle Adjani, Philippe Starck or the heirs of Claude François have taken up residence in Portugal to benefit from an exemption from taxes on royalties. Other French high net worth individuals including artists, businessmen and retirees moved to Portugal to benefit from a favorable tax regime including personal income tax.   Attracted by tax benefits in Portugal, individual French fortunes have shifted to Portugal when they realized how pleasant life is in the sunny country. According to franceinfo, this created a mass exodus of French fortunes towards Portugal since the 2008 crisis, but especially in 2010 when Portuguese banks ended up with a stock of six billion euros of real estate, according to the President of the Portuguese-French Chamber of Commerce, Carlos Vinhas Pereira. Since Portugal had to find a way to sell the stock of real estate and the country was managed by a Troika with the IMF, the European Commission and the ECB, 130 drastic measures were implemented to revive the economy including attracting foreign capital, namely individuals.   French entrepreneurs receiving dividends chose Portugal to benefit from favorable taxation on royalties. The Golden Visa scheme resulted in revenues of 5.5 billion euros for the Portuguese State just within the first eight years.   The number of French residents in Portugal went from 15,000 in 2010, to over 80,000 in 2024. The last wave of French immigrants was due to the lockdown that led to remote workers moving to Portugal.     According to franceinfo, the wave of high net-worth individuals moving from France to Portugal was such that the phenomenon alerted researchers who studied the impact of these departures on the budget of the French state. At the University of Leeds, Rita de la Feria was surprised by the results of the study she conducted with her colleague Giorgia Maffini:   'As emigrants are those with the highest incomes, their departure affects the resources of their country of origin. With important consequences, even if there is a small number of departures, because these people are among those who pay the most taxes."   The phenomenon is dubbed tax "dumping" and it could have devastating consequences for public finances in the country of origin.   While Portugal first attracted private fortunes, French CAC40 companies followed, and the impact was significant since 38 out of the 40 CAC40 companies are now established in Portugal. These include BNP Paribas that grew from 1,000 employees before 2010 to 9,000 today. The advantage of an establishment in Portugal is simply due to the minimum wage and low contributions compared to France.   Portugal provides an educated workforce, that is often trilingual with French and English, and all at a low cost. This is enough appeal for large corporations that practice 'near-shoring', that is a local relocation. This is why the majority of employees in Portugal do not work for the domestic market but for the European region with the resulting impact of jobs disappearing or dwindling in countries such as France or Germany, according to Laurent Marionnet of the Portuguese-French Chamber of Commerce.   However, this wave of foreign immigrants has led to real estate prices increasing twofold in Lisbon, Porto and the Algarve, while current salaries make it impossible to find a place to stay, according to an internal note from BNP Paribas, that the investigative unit of Radio France obtained. Since most employees in Portugal receive between 800 and 1,200 euros net on a monthly basis, it is only possible to rent a room in Lisbon with such wages. The internal note adds that even outside Lisbon, the rent for modest housing costs around 800 euros.      Foreign investment in Portugal led to a kind of economic miracle, according to American economist Paul Krugman, winner of the Nobel Prize in 2008. This has recently led Portugal to cut back on tax benefits for foreigners, including the non-habitual resident scheme and the Golden Visa scheme. However, there are new types of tax benefits for foreigners who want to move to Portugal.     Here is the list of tax benefits for foreign investors moving to Portugal in 2024. #portugalnews #newsportugal #movingtoportugalnews #portugalbillionairenews #p ortugalisataxhavenforFrenchfortunes #billionairesmovingtoportugal # franceinfo #RadioFrance # listoftaxbenefitsforforeigninvestorsmovingtoportugalin2024

Prince Afonso of Portugal one of Europe’s most sought-out bachelors - Portugal Business News Portugal royalty news - Prince Afonso of Portugal, the heir to the Portuguese throne if Portugal were a monarchy, is one of Europe’s most sought-out bachelors. Who is the Crown Prince of Portugal?   Portugal’s golden Prince, Afonso de Bragança, Prince of Beira, is the eldest son of the Duke of Bragança who would have been King if Portugal were a monarchy. His eldest son, Prince Afonso of Portugal was born on March 25, 1996, and is now 27 years old. Who is the Crown Prince of Portugal? When he turned 18 in 2015, Prince Afonso de Bragança was consecrated Crown Prince of Portugal.   Portugal’s would-be heir to the throne, Prince Afonso has a bachelor’s degree in political science and international relations from the Catholic University of Portugal. Prince Afonso of Portugal is a discreet young man with a good reputation. Moreover, he has no known romantic relationship and is therefore seen as one of the most sought-out bachelors of the European aristocracy.   Portugal’s Prince Afonso is already a subject of matchmaking conversations, and among the most favorable relationships for the young heir to the Portuguese throne are the heirs to the Spanish throne, since this would unite the two Iberian countries. Prince Afonso of Portugal and Victoria Federica de Todos os Santos de Marichalar e Bourbon of Spain - Portugal Business News   Among potential wives that are perceived for the young Portuguese Prince is the niece of King Juan Carlos 1, Victoria Federica de Todos os Santos de Marichalar e Bourbon who was born in September 2000.   However, the Portuguese aristocracy is not placing much emphasis on royal unions and very recently, on October 7th, 2023, Portuguese Princess Maria Francisca de Bragança married lawyer Duarte de Sousa Araújo Martins .    #portugalnews #newsportugal #newsportugueseroyalty #royaltynewsportugal #whoisthecrownprinceofportugal

Portuguese billionaire businesswomen in the Forbes list - Portugal Business News Portugal news – Portuguese billionaire businesswomen rise in the Forbes 2024 ranking with a family fortune that is valued at 5.3 billion euros.   The Amorim family fortune, that is valued at 5.3 billion euros, ranks at no. 522 in the Forbes International list of billionaires and is the only Portuguese family that makes it to the 2024 global ranking.   The Amorim family fortune is managed by Portuguese businesswomen and “there is no one who can dethrone the four women heirs to the fortune of the self-made man, Américo Amorim, who died in July 2017, from the top of the richest list,” according to Forbes.   The fortune of Américo Amorim's four heiresses originates from a cork stopper family business that started in 1870 and that grew over the years. The family business, Corticeira Amorim, currently has a market capitalization of 1.33 billion euros and a global presence.   The four Portuguese billionaire businesswomen of the Amorim family also have a big stake in Galp, the largest Portuguese company, that has a market value of more than 11.3 billion euros.   The Amorim dynasty is headed by Fernanda Amorim and her three daughters, Paula, Marta and Luísa.   Paula Amorim, the eldest of the three sisters, is the chairperson of Galp's Board of Directors. Paula founded the Amorim Luxury Group, that owns the e-commerce site Fashion Clinic, and the restaurant brand JNcQoi. Paula Amorim also invested in the family’s first hotel that is set to open in Comporta, in Portugal’s Alentejo region, where the beautiful white beaches are in a preserved natural area surrounded by pine forests.   Marta Amorim is a non-executive member of Galp's Board of Directors, and she heads Amorim Holding II SGPS, the Family Office of the Americo Amorim holdings. The group operates in the venture capital and private equity market segments in the energy, cork, forestry, financial, real estate, and luxury goods sectors.   The youngest of the three sisters, Luísa Amorim, heads the wine business segment with the Quinta Nova de Nossa Senhora do Carmo vineyard in the Douro region and the Taboadella vineyard in the Dão region.   The Forbes World's Billionaires List 2024 shows that the world in 2024 now has more billionaires than ever, with 2,781 billionaires, that is 141 more than in 2023. The ranking also shows that the world’s billionaires are richer than ever, as they are worth $14.2 trillion in aggregate, that is up by $2 trillion from 2023. The list of the richest people in the world is headed by Bernard Arnault who oversees the LVMH empire of 75 fashion and cosmetics brands, including Louis Vuitton and Sephora. The new entrants in the Forbes list of billionaires includes Christian Louboutin - Portugal Business News   The new entrants in the Forbes list of billionaires includes French fashion designer Christian Louboutin, the man behind the iconic, red-soled high heels, who joins the ranks with an estimated $1.2 billion fortune. Christian Louboutin has elected to live in Portugal where he has built two new hotels in Melides, in the Alentejo region, the Vermelho hotel (meaning Red hotel) and the La Salvada hotel.      #portugalnews #newsportugal #billionairesportugal #amorimfamily #femalebillionairesportugal #richestwomaninportugal #Forbes2024ranking #amorimfamilyfortune #christianlouboutinfortune

Portugal’s new airport in Setúbal will open up its celeb hotspot - Portugal Business News Portugal news – Portugal’s new airport in Setúbal will open up its celeb hotspot in Melides where members of royalty and celebrities enjoy secret holidays.   The resolution that formalizes the creation of Lisbon’s new airport, the Luís de Camões airport, was published in Portugal’s Government gazette on May 27th, 2024. Lisbon’s new airport will be located in Alcochete in the district of Setúbal, that is in the southern part of Lisbon’s metropolitan area.   The district of Setúbal, that includes the Alentejo, is famous for jetsetters and celebrities that come to enjoy top-secret holidays along the pristine coastline that borders the Atlantic. The luxury holiday destination includes Melides, where fashion designer Christian Louboutin has 2 hotels, namely Vermelho hotel  (meaning Red hotel) and La Salvada .     Melides in southern Portugal is also the place where celebrity hotspot CostaTerra Golf and Ocean Club resort attracts both celebs and royalty and where Princess Eugenie ’s husband, Jack Brooksbank, works in sales and marketing. Prince Harry and Meghan enjoyed a top-secret holiday  in Melides in southern Portugal in September 2023 and they were able to relax without drawing media attention.     The district of Setúbal, that includes the pristine Alentejo region, is Portugal’s new luxury tourism destination with its empty stretches of golden sand overlooking a lagoon where dolphins can be seen. It is surrounded by a preserved natural environment where the Sado Estuary Natural Reserve and the Arrábida Natural Park are located.     Portugal’s new Luís de Camões Airport in the district of Setúbal will be linked to the capital via a third crossing of the Tagus River that is to be built.  With the formalization of Lisbon’s new airport, the airport concessionaire ANA Aeroportos, that is owned by French company VINCI Airports, has six months to prepare the report for the Luís de Camões Airport   that should be operational in 2030.   #portugalnews #newsportugal #tourismnewsportugal #newairportinlisbon #LuísdeCamõesAirport #alcochete #melides #vermelhohotel #lasalvada #CostaTerraGolfandOceanClub #ANAAeroportos #VINCIAirports

Portugal ranks 9th country attracting the most millionaires globally - Portugal Business News Portugal news – Portugal ranks 9th country globally with the highest projected net inflows of millionaires in 2024, according to the Henley Private Wealth Migration Report 2024.   Over 800 millionaires (High Net Worth Individuals with liquid investable wealth of USD 1 million or more) have chosen to become Portuguese residents in 2024, according to projections based on data for the first six months of the year.   Portugal has seen a large influx of wealthy residents over the past decade, especially from mainland Europe, the UK, Brazil, South Africa, China, Türkiye, and the USA. Despite recent changes to its popular Golden Residence Permit Program, Portugal continues to attract large numbers of millionaires in 2024.   Here are the Top 10 countries attracting the most millionaires in 2024: Here are the Top 10 countries attracting the most millionaires in 2024 - Portugal Business News   Why is Portugal one of the countries attracting the most millionaires?   Millionaires and High Net Worth Individuals refer to individuals with liquid investable wealth of USD 1 million or more and Millionaire migration is a leading indicator of the overall health of a country and its economy.     The countries with the highest growth in the number of millionaires continue to be those who have prioritized policies designed to entice them to their shores. Nine out of the Top 10 countries attracting the most millionaires in 2024 have formal investment migration programs and actively encourage foreign direct investment in return for residence or citizenship rights.   The most sought-after residence programs in 2024 are Portugal’s Golden Residence Permit Program despite the end of its real-estate investment option, Greece’s Golden Visa Program and Spain’s Residence by Investment Program.     What countries have the highest outflows of millionaires?   With the surge in millionaire migration fueling a corresponding boom in the investment migration sector, Henley & Partners has received record levels of enquiries about residence and citizenship by investment programs over the past 12 months from nearly 200 different countries. The top two nationalities currently driving demand are Americans and Indians, with Brits, Filipinos, and South Africans remaining in the Top 10 as they have done for the last five years.   While the UK is expected to see an unprecedented net loss of 9,500 millionaires in 2024, second only to China worldwide, the UAE looks set to take first place as the world’s leading wealth magnet, with a record-breaking 6,700 high net worth individuals expected to make the Emirates home by the end of the year, significantly boosted by large inflows from the UK and Europe. #portugalnews #newsportugal #millionairenews #millionairesinportugal #numberofmillionairesinportugal #countriesattractingthemostmillionaires #HenleyPrivateWealthMigrationReport2024

Euromillions prize of 200 million euros increases transfers to Portugal by 74% - Portugal Business News Portugal news – The EuroMillions prize of 200 million euros increases transfers to Portugal by 74%.   Portugal’s surplus in international transfers soared by 74% in June 2024 compared to the same month the previous year, to reach 670 million euros, due to the receipt of the largest ever EuroMillions prize in Portugal, according to information released by the Bank of Portugal, BdP.   The EuroMillions jackpot is the highest prize ever won in Portugal: “When you play, you talk about dreams and the dream came true”, explains Nuno Pires, representative of Santa Casa games. #portugalnews #newsportugal #economicnewsportuga l #Euromillions #transferstoportugal #bancodeportugal #SantaCasa #millionairesnewsportugal