Economic Outlook
Portugal is currently a favoured destination, drawing international interest to visit, live, work, study and invest amidst a safe environment and high-quality lifestyle.
Real estate development reveals these unique growth indicators, providing an increasingly “business-friendly” scenario that has been capturing the attention and investment of major international players. Such is the case of Google and Mercedes-Benz currently implementing hubs in the emerging economic centre of Porto.
The Tourism sector is vibrant and willing to attract a growing number of visitors.
Portuguese Universities enthralled international students looking to bolster cultural, social and technological skills, with access to quality education ministered in well equipped, state-of-the-art university campuses.
Commercial real estate and property development showed record deal volumes , whilst occupational sectors grew at a good pace.
Portugal has passed a number of policies that make it more business-friendly. Some of the world’s largest companies, from Google to Mercedes-Benz, are opening up new technology focused hubs in Portugal.
Portugal’s tourism has been growing for eight years in a row, The National Statistics Institute (INE), which monitors hotel stays, said total arrivals grew to 12.8 million in 2018.
Portugal’s universities have a particularly strong focus on high tech skills. it’s producing a remarkably high number of engineers per capita and qualified entry-level professionals graduate in the thousands each year