Strategic location 

  • Nearest European country to the U.S.
  • 3‐hour time difference from Brazil and Russia.
  • Same time as UK and Ireland.
  • Daily flights to major European cities. 

Attractive Consumer Market 

  • Great and privileged economic relations between Portugal, Brazil, Angola and Mozambique. 

  • South/Central America potential 

Facilities and Resources

  • Portugal ranks number one among EU countries in terms of public services online (European Commission)
  • Portugal has world renowned logistics and infrastructure in rail, airways and sea, both for passengers and cargo;
  • High potential in geological resources
  • Safety - low criminality

Human Resources

  • Portugal had the biggest overall improvement in education among the OECD European countries (Pisa 2012, OECD)
  • Foreign languages: Portugal has the 7th highest score in English tests (TOEFL, 2011)
  • The highest share of Science and Engineering degrees in EU (NSF 2012, USA)
  • Between 2008 and 2013 Portugal had the second largest hourly labour cost decrease (‐5.1%) within the EU (average 10.4% increase in the euro area). 

Entrepreneurship

  • Improvement of the business regulatory environment and distance reduction as regards to reference indicators of the ranking, allowing to reduce both time and cost of business registrations, leading to a rise of 17% in the number of start‐ups; among 189 countries,
  • 10th position in terms of starting a business. 

Competitiveness

  • Corporate income tax rate reduction and creation of a simplified tax system for SMEs; 

  • 27th position in terms of the reduction of commercial disputes, an essential element for promotion of a friendlier environment to enterprises. 

  • Portugal occupies at present the 25th position on the indicator concerning to property registration procedures and is consequence of the implementation of quicker procedures, a fact highlighted on the DB 2013 report, where Portugal was 1st, among the countries that had facilitated property registration procedures the most 

  • Also noteworthy was the 10th position in terms of procedures for insolvency resolutions. 

“In my opinion Portugal is a good place to develop businesses in the field of tourism, entertainment, travelling and transportation. The country has very attractive nature, some of the best beaches in Europe, low prizes and very good connections with Brazil, which is a huge market that will develop a lot in future."

Christo Peev, 23 years old, Bulgary, Software Developer and Co-Founder at LEAP, in Portugal since March