For Ultra-High-Net-Worth Individuals (UHNWIs), the concept of remote work is slightly different from the typical digital nomad experience. While mass-market work-from-anywhere schemes cater to budget-conscious freelancers, the world’s wealthiest professionals are taking advantage of bespoke residency programmes designed to facilitate seamless global mobility, optimise tax exposure, and provide unparalleled luxury.
The rise of digital nomad visas and golden visa programs in select jurisdictions has given UHNWIs the opportunity to live and work in some of the most exclusive and desirable destinations worldwide. From historic European capitals to private island retreats in the Caribbean, these destinations are not just about remote work—they are about lifestyle, prestige, and strategic positioning in a rapidly evolving world.
Portugal
Visa Program: Digital Nomad Visa (up to one year, €3,040 minimum monthly income)
Portugal has emerged as a premier destination for UHNWIs seeking both a European base and tax efficiency. The country’s Non-Habitual Resident (NHR) tax regime provides favorable tax treatment on foreign income for ten years, making it highly attractive to wealthy individuals looking to optimize their global wealth portfolios.
Key Destinations:
- Lisbon – The capital’s vibrant culture, Michelin-starred restaurants, and high-end real estate market make it a prime choice for affluent expatriates.
- Cascais – Portugal’s “Riviera” offers luxury seafront estates, world-class golf courses, and a prestigious international community.
- Madeira – A scenic Atlantic retreat, attracting UHNWIs seeking tranquility and tax incentives.
Croatia
Visa Program: Digital Nomad Residence Permit (up to one year, tax-free income)
Croatia’s picturesque Adriatic coastline, coupled with a tax-exempt status for digital nomads, has positioned it as a rising hotspot for wealthy remote workers. The country’s UNESCO-protected cities and exclusive yachting culture make it a strategic choice for those desiring a Mediterranean base.
Key Destinations:
- Dubrovnik – A UNESCO-listed city offering five-star resorts and private yacht moorings.
- Hvar – Known as the “St. Tropez of the Adriatic,” attracting UHNWIs with its luxury real estate and vibrant nightlife.
- Istria – Often compared to Tuscany, this region boasts boutique wineries and exclusive villas.
Spain
Visa Program: Digital Nomad Visa (up to five years, 15% tax rate for the first four years)
Spain’s introduction of the Digital Nomad Visa under the Start-Up Law has made it a premier choice for UHNWIs looking for both lifestyle and tax incentives. The ability to reside in Spain for up to five years while benefiting from a reduced tax rate makes it particularly appealing.
Key Destinations:
- Barcelona – A cosmopolitan hub with luxury penthouses, private members’ clubs, and access to the Mediterranean.
- Marbella – The heart of Spain’s luxury real estate market, popular with affluent expats.
- Madrid – The cultural and financial epicenter of Spain, offering an elite social and business scene.
- Mallorca – The Balearics continue to attract jet setters and superyacht owners.
Greece
Visa Program: Digital Nomad Visa (up to 12 months, extendable, €3,500 minimum monthly income)
Greece’s digital nomad visa, coupled with a 50% income tax reduction for the first seven years under specific conditions, has made it a top-tier destination for affluent expatriates looking for a Mediterranean lifestyle.
Key Destinations:
- Athens – A blend of ancient history and modern luxury, with high-end real estate in Kolonaki and Glyfada.
- Mykonos & Santorini – The most exclusive Greek islands, synonymous with high-end hospitality and private villas.
- Crete – Offering expansive estates and a tranquil alternative to the more high-profile islands.
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