Executive Nomad Ranking 2025

Key findings

• 01

  Lisbon dropped 4 places — housing supply is the binding constraint, not visa policy.

• 02

  Madeira and the Azores grew nomad arrivals 38% YoY on the back of co-living infrastructure.

• 03

  The single best predictor of executive-nomad share is direct flight count to a top-10 finance hub.

From the report

We define the 'executive nomad' as a remote worker earning >USD 120k/yr. Across 47 cities we scored fibre coverage, English proficiency, time-zone alignment with NYC/London, school options, and tax clarity. Madeira ranks #1 on lifestyle, Lisbon on community — but neither leads on housing access.