All the hullabaloo with the IMF and rating agencies is a classic case of not being able to see the forest for the trees. In fact, now is a great time to invest in Portugal. Five simple facts will let you know why:
1.- One euro is the only share capital you need to incorporate a private limited company or LLC. Plus the incorporation of a company can take as little as a day.
2.- Despite its bureaucratic reputation, Portugal has cut through much red tape, so dealing with institutions such as the Revenue Service or the Social Security is much easier nowadays. Licensing procedures have also become swifter due to new measures implemented by the Portuguese Government.
3.- Portugal is the best platform to access such dynamic markets as Brazil, Angola or Mozambique, thanks to its economic, cultural and linguistic ties with these countries.
4.- Wages are among the lowest in Western Europe.
5.- Opportunities abound in renewable energies, aquiculture, tourism, IT and transformation industries.
Please feel free to contact us if you have any queries!