Blog Layout

Portugal is an attractive country for foreign investment

24 April 2023

According to the April issue of Portugal Global magazine, the Portuguese Agency for Investment and Foreign Trade (AICEP) facilitated 47 productive investment projects in 2022, resulting in the creation of 7233 job opportunities and a total foreign direct investment (FDI) of 2678 million euros.


The 47 foreign direct investment (FDI) projects facilitated by AICEP in 2022 had diverse profiles, but the majority were rooted in technology. However, what they all shared was the perception of Portugal as an appealing destination for foreign investment, owing to factors such as its talented workforce, global appeal, and strategic location within the European Union.


AICEP reports that of the 7,233 job opportunities created, over half (approximately 4,000) are concentrated in the technology sector, with a specific focus on software development and information technology.


The leading countries investing in Portugal, according to AICEP, are the United States of America, followed by Germany, the United Kingdom, Switzerland, and Nordic countries, in that order.


AICEP notes that Portugal offers investors access to a highly-skilled talent pool. In 2022, over 93,200 students graduated from higher education institutions in the country, with approximately 30% specialising in science, technology, engineering, and mathematics (STEM) fields.



Source: AICEP Portugal

by Luís Maria Branco and Tomás Melo Ribeiro 28 March 2025
Luís Maria Branco | Lawyer
26 March 2025
In the last year, Portugal implemented several measures to regularise the entry of immigrants into national territory, such as the elimination of expressions of interest . On the other hand, Portuguese companies need a foreign workforce to maintain their productivity, for this reason, a “green lane” will be established to streamline the work visa process for foreign nationals being recruited by Portuguese companies. On the companies’ side, there are obligations that must be fulfilled, such as providing training and ensuring adequate accommodation. The official signing of the Green Lane agreement will take place on 1 April 2025 at the Ministry of Foreign Affairs. Over the years, immigrants have significantly contributed to various sectors of the Portuguese economy , such as agriculture and tourism, bringing with them a diverse range of skills, experiences, and knowledge that enrich the labour market and drive the growth of Portugal. To better understand this “green lane,” we will provide answers in this article:
Here are some insights and practical recommendations to help you through the 2024 tax season.
by António Pratas Nunes 25 March 2025
The income earned in 2024 must be declared between 1 April and 30 June 2025 by submitting the IRS Model 3 declaration.
Outro benefício desse estatuto é o direito a solicitar um Cartão de Cidadão.
by Danielle Avidago 14 March 2025
Na área migratória, a isenção de visto não só para turismo, mas também para atividades culturais, empresariais ou jornalísticas.
Portugal is a growing hotspot for entrepreneurs and businesses aiming to expand into Europe.
by Tomás Melo Ribeiro 6 March 2025
Favourable Corporate Tax Rate: Portugal offers a corporate income tax rate of 20%, which is among the most competitive in the EU.
An injunction helps creditors claim outstanding debts quickly through a legal mechanism.
by Margarida Tempera 27 February 2025
Engaging a lawyer is crucial; your defense's success relies on valid proof, procedural adherence, and meeting deadlines.
Portugal's traditions, charm, and cuisine are so integral that legal citizenship feels only fair.
by Danielle Avidago 26 February 2025
Portuguese citizenship, for some, means reconnecting to their parent or grandparent who spent their entire childhood amazing them with stories of a country.
Electric car owners benefit from no oil changes, fewer wearing parts, and lower maintenance costs.
by Cleuzina Cruz 25 February 2025
Electric cars have garnered significant attention compared to conventional vehicles, owing to their environmental and economic advantages.
Among the amendments, Article 75, paragraph 2 is particularly noteworthy.
21 February 2025
On Friday, 14 February 2025, Law No. 9/2025 came into effect, introducing amendments to Law No. 23/2007 of 4 July.
Portugal stands out as a jurisdiction that facilitates the transfer of wealth.
by Margarida Tempera 13 February 2025
Portugal’s favourable inheritance laws make it an excellent choice for individuals seeking to efficiently secure their family's financial future.
More posts
Share by: