Why invest in Portugal?

Fact Sheet about Portugal

Capital: Lisbon

Area: 92,090 sq km

Population: 10,355,493

Official Language: Portuguese

Currency: Euro

Government: Republic, parliamentary democracy

Head of State: President Marcelo Rebelo de Sousa

Prime Minister: António Costa

Portugal is a country in southwestern Europe on the Iberian Peninsula. It is bordered by Spain to the north and east, and the Atlantic Ocean to the west and south. Portugal also includes the Azores and Madeira archipelagos in the Atlantic Ocean.

Portugal is a member of the European Union, the North Atlantic Treaty Organization (NATO), and the United Nations. It is a developed country with a high standard of living. Portugal’s economy is based on tourism, services, and industry.

Portugal is a popular tourist destination, known for its beaches, cities, and countryside.

Portugal is also a major producer of wine, olive oil, and cork. Portuguese wine is exported all over the world, and Portugal is the world’s largest producer of cork. In 2021, Portugal exported US$75.6 billion worth of goods and services, making it the 46th largest exporter in the world. Portugal’s main exports include cars, motor vehicle parts, clothing goods, electrical machinery, and mineral fuels.

Neomarca has a team of experts available to guide you through the entire implementation process. We offer our experience to support your project in Portugal.

The IT and tourism sectors are viewed by investors as driving the development of the country. But there’s much more…

Technology and Innovation

  • 117 R&D public and private institutions, in health sciences

  • 200M program to stimulate foreign startups

  • Unicorns with Portuguese DNA already worth over €34 billion: Unbabel, Farfetch, Outsystems, Feedzai, Sword Health

  • The next generation low-latency Ellalink submarine cable system landed in Sines, Portugal

  • Read more ICT in Portugal

Infrastructure

  • 69 R&D centres which employ 10,245 people

  • The Port of Sines is part of the Top largest European container ports

  • Seven international airports in Portugal.

  • Read more about Industry in Portugal

Human Capital

  • High level of education in business-related areas

  • 61% speak, at least, one foreign language (English is mandatory and 78% learn 2 or more foreign languages)

  • 9th in the English Proficiency Index 2022

  • 140 universities in Portugal with more than 35k international students

  • Read more about Tourism & Hospitality in Portugal

Market and Financial

  • Interconnection of Portuguese commercial networks and a gateway to the world (500million in Europe)

  • Portuguese passport is the 5th most powerful in the world

  • EU Common currency – Euro (€)

  • Portuguese is the official language in 7 other countries (250 million Portuguese speakers in the world)

  • Read more about Agriculture & Agri-food in Portugal

We can bring your business closer to the EU

Quality of life

  • Portugal is consistently ranked as one of the best countries to retire in the world. In the 2023 Global Retirement Index by International Living, Portugal ranked first overall.

  • Portugal comes in third in the most peaceful countries rankings. Portugal has been consistently ranked among the most peaceful countries in the world in recent years.

  • Portugal ranks 22th in the 2022 World Index of Healthcare Innovation.

We support people and companies to live and do business in Portugal. We true believe that Portugal is the best country in the world. Invest in Portugal…invest in your life!

Talk to us. We can help you.