Portugal is one of Europe’s leading financial markets and, with its profound cultural, architectural and linguistic influence, ranks a respectable 39 out of 190 in the World Bank’s Index of Ease of Doing Business. Around the globe, today, there are c. 250 million Portuguese speakers, and as one of the founding members of NATO and the OECD, Portugal maintains strong relations with Europe, Africa, and the USA. It retains close ties with all its former colonies (e.g. Brazil, Mozambique, Macao and Angola) – serving as a gateway to many varied global markets and proving an attractive market for international expansion and investment.
Portugal is a world leader in renewable energies, and claims the second largest solar power station in the world. The country is focused on development of large renewable energies projects, specifically solar and wind, and has pledged targets of 80% renewable electricity by 2030 and carbon neutrality by 2050.
As a result of EU legislation, Portugal offers freedom of establishment and equal treatment for domestic and non-resident investors. Foreign investment is available in all Portuguese sectors, though there are restrictions on projects that may affect order, safety, or public health by their nature, form, or conditions of implementation.