Pensions promise security. Property rewards those already inside. Work is being rewritten by AI. Across Western democracies, the bargain between generations needs to be made again.
New investor applications move to a 4% regime in 2027. For owners and families weighing Puerto Rico, the decision depends on which income qualifies, what the business needs and whether the island can become home.
Nine places to live well, from Lisbon’s everyday neighbourhoods to Cascais and the coast, with a clear-eyed guide to IFICI and the changed citizenship timeline.
The end of non-dom taxation has sharpened the competition for wealthy residents. But millionaire forecasts, billionaire fortunes and lost tax receipts are three different things.