Portugal has become an increasingly attractive destination for qualified workers, especially among young people. Portugal's popularity among graduates has seen the highest growth of any country, with interest from potential migrants tripling since 2010, rising from...
Portugal’s economic performance has surpassed the European average
The International Monetary Fund (IMF) highlights Portugal as an example of economic performance above the European average. Portugal's economic performance has surpassed the European average since 2019, with average annual growth rate twice that of the euro zone....
Portugal’s Strategic Position as a Business Hub
A "One Stop Shop" for International Companies.In an increasingly competitive global landscape, Portugal its a prime destination forinternational companies and startups through its "one stop shop" model, whichprovides integrated services to streamline business entry...
Portugal Emerges as Europe’s FDI Powerhouse
In recent years, Portugal has emerged as one of Europe’s most attractive destinations for Foreign Direct Investment (FDI), capturing the attention of international investors and multinational corporations. Over the past five years, the country has experienced an...
Young Portuguese IRS opens up to those coming from abroad
Those who come to Portugal from abroad, whether Portuguese who have emigrated and are returning to the country or foreigners who have never filed any income tax return in Portugal, will be able to benefit from the IRS Jovem for the entire ten years, even if they have...
Portugal is the sixth main European destination for foreign direct investment
Portugal is the sixth largest destination for foreign direct investment (FDI) in Europe. This is the conclusion of a study published by consultants Ernst & Young (EY), which reveals that the reconfiguration of global supply chains is attracting more...
Portugal approves law for Companies to Have Tax Incentives to Strengthen Shareholders’ Equity
The recent tripartite agreement establishes significant tax incentives to increase companies' equity capital in Portugal. Under this new measure, capital increases can be deducted from taxable income, using a rate based on the 12 month Euribor, plus a 2% spread. This...
China grants visa exemption to Portuguese citizens for stays of up to 15 days
The measure takes effct on October 15 and runs until December 31, 2025. China has announced that it will extend its visa exemption policy to Portuguese citizens for stays of up to 15 days, thus including Portugal on a visa exemption list. The extension was...
Foreign investment in Portugal at record highs
Foreign investment in Portugal renews highs in the second quarter and already represents 69% of Portugal's GDP. Stock of Foreign Direct Investment in Portugal rose to 183.9 billion euros in the 2nd quarter. Portugal's Direct Investment Abroad also increased to €67.6...
Portuguese Goverment / Portugal extends port concessions from 30 to 75 years
The aim is to promote investment, ensuring that it can be recovered, allowing "the private entities to be able to invest and recover their investment made in the terminals over the years". Each port administration will present a specific investment plan according to...