Growing concern over impending UK tax reforms is driving a surge in Britons preparing to relocate to Portugal, with demand accelerating sharply in the past year.
By Advertiser, in Portugal Visas · 14 Oct 2025
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.
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.
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.”