This index, produced by the consultancy company Nomad Capitalist, examines 63 countries using five main criteria: safety and freedom, the ease of obtaining residency, quality of life and infrastructure, tax policy, and climate.

The country achieved an overall score of 70.09 out of 100 and continues to be a favourite amongst foreigners and digital nomads, a preference mainly due to the high level of safety and the ease with which residency permits can be secured.

Monaco is in first place in the global ranking with 73.89 points, and is followed by Andorra, the United Arab Emirates and Malta. Portugal fares better than a number of major European economies, such as Switzerland (which is 7th), Luxembourg (19th), Spain (42nd) and the United Kingdom (47th).

Portugal's strengths

When the assessment of Portugal is looked at in detail, it shows a strong record in terms of stability and safety; nevertheless, its score in the "climate and nature" area is more modest, this being due to the region's increasing vulnerability to extreme weather events associated with climate change.

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