Portugal among the Top 10 most attractive countries to invest in Europe

23 August 2021

This year, Portugal has joined the top 10 most attractive countries for Foreign Direct Investment (FDI), with 154 registered projects, according to the EY Attractiveness Survey Portugal.


Portugal has shown strength in a pandemic year filled with challenges for all economies around the globe, where “50% [respondents] consider that Portugal’s attractiveness will improve in the next three years and 37% are planning to establish or expand operations in Portugal over the next year”. This might be explained by the fact that investors see Portugal as a country with quality of life (90%), stability of social climate (78%), quickly followed by reliability of telecommunication infrastructure (75%).


The survey shows that from those 154 registered projects, 70% come from Europe. In terms of main activities, these projects are from Manufacturing (37) “mainly related with the automotive industry”, Research and Development (R&D) (33) “linked to investments in Digital & IT Services”, and Shared Service Centres (SSC) (33) with well-known business opening or expanding their hubs in Lisbon.


Moreover, the main sectors that will drive Portugal’s growth are perceived by the respondents as being: Digital Economy (45%); Real Estate and Construction (39%); and Cleantech and renewables (36%).


Lastly, according to EY, “Portugal’s strategy to retain FDI [should rely on]: Increase technological leadership and develop the right set of talent, reinforce cleantech strategy and its potential to become a market leader in sustainability, focus on social and economic recovery to foster future growth, simplify the Portuguese tax system so that it can become a competitive advantage instead of a bottleneck, and continue to improve selective communication of Portugal as the right FDI location.”


Source: EY Attractiveness Survey Portugal

Foreign residents in Portugal: take note of new rules set by the Portuguese government.
1 July 2025
Decree-Law No. 85-B/2025 entered into force on 1 July 2025, extending the validity of residence permits for foreign nationals residing in Portuguese territory.
What counts is not the sentence abroad, but how the offence is viewed under Portuguese law.
by Luís Maria Branco 27 June 2025
When applying for a temporary stay or residence visa in Portugal, one of the key requirements is the submission of a recent criminal record certificate.
Portugal's nationality law offers multiple paths to citizenship for those with ties to the country.
by Joana Loureiro Veríssimo 26 June 2025
Under Portuguese Nationality Law (Law no. 37/81, as amended), grandchildren of Portuguese citizens may be eligible to apply for Portuguese citizenship.
Portuguese Law 23/2007, Art. 122(1)(k) allows residency for parents of Portuguese or resident minors
by Sara Sbai Oliveira 25 June 2025
Parents of under-18s with Portuguese nationality or residence can apply for residency under Art. 122 if they prove parental responsibility.
On 23 June 2025, Portugal announced major reforms to nationality and immigration laws.
24 June 2025
On 23 June 2025, at the Council of Ministers meeting, the Portuguese Government announced sweeping reforms to nationality law, immigration policy.
In Portuguese law, an employment relationship is characterised by the existence of subordination.
by Margarida Tempera 6 June 2025
Hiring in Portugal imposes numerous obligations on employers, many of which are not always intuitive to those unfamiliar with the national legal framework.
Who is legally required to register their marriage in Portugal, and under what circumstances?
by Danielle Avidago 4 June 2025
To summarise, if you are a Portuguese citizen who got married abroad, you are legally required to register your marriage.
If you live or earn in Portugal, confirm if you must file IRS and stay compliant with tax rules.
by Diogo Pedro 30 May 2025
The deadline to submit the Portuguese Personal Income Tax return (IRS) for income earned in 2024 is 30 June 2025.
Company dissolution in Portugal requires proper steps to ensure a smooth, legally compliant closure.
by Tomás Melo Ribeiro 29 May 2025
Company dissolution in Portugal starts liquidation, a legal process. The business stops but exists until formally closed. Shareholders decide the legal path.
Renting property in Portugal—whether long-term or buy-to-let—can be both profitable and rewarding.
by Margarida Tempera 28 May 2025
Portugal protects tenants, but landlords have legal ways to reclaim property and unpaid rent, with eviction and debt recovery procedures, lease or not.
More posts