Portugal is the third safest country in the world, has flat income taxes for expats, tax incentives for foreign businesses and readily available co-investment funds for VC’s.
From inside Europe, Portugal addresses a global community of 260M people.
There is an extremely pro-innovation government in place, Lisbon and Porto are regarded as two of the world’s coolest cities, the sun is always shining and the food is off the charts.
And btw, the cost of living is half of that of Central Europe, while the economy is growing strongly.
Have you heard about 200M? It’s a €200m VC matching-fund, publicly run deal-by-deal to de-risk foreign investment in companies set up in Portugal. It even allows you to use a foreign entity and buy back shares after 4 years for 4-6% IRR.
Public policies to support startups and VC now include initiatives like a sandbox regulation for driverless vehicles or drones, a network of 150 accelerators and incubators, startup vouchers, an incubation voucher and tax incentives for early stage individual investors.
It’s impossible not to fall in love with the views from hilly streets, ample beaches and steep vineyards that coexist within the vicinities of a glamorous downtown. Artist and writers often come to visit and find themselves never leaving Porto.
Forget about comparing Portugal’s cities with Berlin, Paris or London. When you look at other western Europe capital countries, Forbes has ranked Portugal number one in affordability, for 4 years in a row.