Portugal is now the 7th most attractive destination in Europe for foreign direct investment (FDI), according to the EY Attractiveness Survey 2024. A milestone that marks the country’s best-ever position in the rankings.
This isn’t just a statistical achievement. It’s a strong signal that Portugal is becoming a serious business destination for international companies, startups, and investors. It also reflects how Portugal has evolved into a mature, modern, and globally competitive business environment.
If you’re looking to expand, invest, or relocate part of your business in Europe, Portugal deserves your serious attention.
By securing a spot in the European FDI Top 10, Portugal continues to establish itself as one of the most attractive and dynamic economies in Europe.
According to EY report, highlights that most foreign investment projects are concentrated in high-growth sectors:
- Technology & Software
- Business Services
- Green Energy & Sustainability
- Tourism, Real Estate & Infrastructure
These are not only key global industries, but also sectors where Portugal is building deep expertise, talent pipelines, and infrastructure.
But beyond the headlines, what does this shift mean for businesses like yours?
Portugal’s rise in the rankings it’s the result of consistent growth, strategic focus, and smart investment policy. Over the last five years, Portugal recorded the third-highest growth rate in FDI projects in Europe. A clear sign that Portugal’s appeal is accelerating.
Whether you’re planning a European expansion, looking for the right ecosystem to scale, Portugal offers real business advantages: skilled talent pool, favourable business environment, strategic location, and more.
Portugal’s new position is more than a metric. It’s a reflection of a deeper shift. Portugal is becoming a pragmatic, competitive, and forward-looking choice for business hub aiming to grow in Europe.
