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Investing in Portugal

Investing in Portugal

Location

Portugal has a privileged location to access relevant markets.

Continental Portugal is geographically situated on the west coast of Europe, in the Iberian Peninsula. It borders North and East with Spain, the West and the South with the Atlantic Ocean, being situated in a geostrategic position between Europe, America and Africa.

Besides the Continent, the Portuguese territory also includes the Autonomous Regions of the Azores and Madeira, two archipelagos located in the Atlantic Ocean.

The stability of the continental borders, practically unchanged since the thirteenth century, makes Portugal one of the oldest countries in the world, with almost nine hundred years of history, and reflects its marked identity and internal unity.

Political system

The Portuguese Republic is a democratic rule of law based on respect for and guarantee of fundamental rights and freedoms and on the separation and interdependence of powers.

The organs of sovereignty consecrated in the Constitution are the President of the Republic, the Assembly of the Republic, the Government and the Courts.

The President of the Republic is the Head of State elected by direct universal suffrage for a term of five years, and may be re-elected only for one more term.

Investment

If you think about investing in real estate, Portugal is the ideal country. The interest rates on affordable housing loans and the large tourist boom that have been witnessed in Portugal are two of the factors that help to create a favorable financial environment for real estate investment. Whether for homeownership, for investment or for business, this is the right time to invest in real estate.

Low monthly incomes are one of the main factors of attraction of multinationals in Portugal. According to a study by an international consultant, Oporto is one of the lowest-paid cities in the world in terms of offices. Already Lisbon has higher values, but when compared with other European capitals is quite accessible.

In addition to the value of rents, another attractive factor for foreign companies is the labor force. Qualified and accessible, mainly, in the areas of information technology, computer science and engineering. The “price-quality” ratio of workers in Portugal in relation to the other European countries is a factor increasingly valued by the multinationals that intend to invest in this country.

Other factors include the security and social stability that characterize Portugal. Portugal is in 3rd place in the Global Peace Index ranking, due to the quality of the infrastructure, the quality of life in Portugal compared to other European countries and the potential for growth and productivity.

According to an EY report, Portugal is again on the investors’ map and the indicators point to the attraction of more foreign projects.

Source: Kasalux

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Kasalux

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