One of the best countries in the world to live and work
Because of its breath-taking coastline and landscapes, because of its vibrant cities, because of its rich history and culture, architecture and culinary delights. Portugal’s high-quality lifestyle provides a variety of experiences that attracts a wide range of individuals and families from simply visitors to resident entrepreneurs and retirees.
The Institute for Economic and Peace, a non-governmental organization recently published the 15th edition of the Global Peace Index , in 2021, where Portugal was ranked the 4th safest country in the world behind Iceland, New Zealand and Denmark. According with the Portuguese annual internal security report, the crime rate in Portugal has continuously been dropping for the past seven years, which further supports how safe and peaceful is Portugal.
Portugal is one of the oldest continuously existing nation state in the world, with its current borders established in 1143. A long and stable border existence and a nation that resulted from many different racial and cultural influences, during more than 8 centuries, has contributed for a very cohesive, free, tolerant and progressive country. Portugal has scored 96 out of 100 and is ranked as #10 in the World Index of Freedom. Portugal was the first country to abolish slavery. Portugal’s drugs decriminalization policy is frequently mentioned as a successful case study that should serve as reference. Same-sex marriage become legal in 2010.
According with UNICEF’s Office of Research, Portugal is among the 5 countries that ranked highest for the best family-friendly policies, in the OECD. This rank focused on two key policies: childcare leave for parents and early childhood education and care for pre-school children.
The crisis that faced the country and the associated financial assistance programs are long gone. The Portuguese Economic Recovery from the COVID crisis has been achieved with a growth in GDP of 4.8% in 2021, a robust growth essentially driven by an increase in domestic demand.
Cost of Living
In terms of purchasing power parity (the factor that measures the number of units of a country’s currency required to buy the same amounts of goods and services in the domestic market as U.S. dollar would buy in the United States), in 2022 Portugal is expected to remain at 0.6 LCU per international dollars, meaning that the cost of living will remain low.
Portugal has a mild and sunny climate.
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Portugal is among world’s best in quality of its accessibilities, telecommunications and infrastructures, featuring an extensive network of high-roads, railway system, international airports and state of the art 5G internet connection. Ranked by the Work Economic Forum as the 15th country in the world with better infrastructures.
Sines has become a beacon of geographic importance within the Global Digital Transformation by being the host connection of a submarine transatlantic fiber optic cable, connecting Europe and the Latin America. Strategically, Sines, is positioned to be the forefront of the development of Subsea Cable Systems and Data Center infrastructures, both at the core of today’s internet.
Portuguese healthcare system is on the forefront of the world medical care both on public and on private hospitals and clinics, since 2000 is ranked 12th on the World Heath Organization Healthcare System Index.
Portuguese Education system ranked 25th in the 2022 Education Global Ranking and featured 5 universities among the best Masters in Finance Program and 3 universities in the Top 70 European Business Schools, according with the Financial Times.
Innovation and technology
Portugal has become a hub for startups and international companies by providing several accelerator programmes and incentives. Government initiatives like Europe Startup Nations Alliance are paving the grounds for upcoming and already established startups to grow.
Web Summit has been the staple of the innovation & technology breakthrough in Portugal as it has become Europe’s biggest technology conference.
Because of its breath-taking coastline and landscapes, because of its vibrant cities, because of its rich history and culture, architecture and culinary delights. Portugal’s high-quality lifestyle provides a variety of experiences that attracts a wide range of individuals and families from simply visitors to resident entrepreneurs and retirees:
Best country in the world to visit:
The world-renowned magazine Condé Nast Traveller, elected Portugal as the 2021 best country in the world.
Best European destination:
Portugal was elected the best European destination to visit in 2021. This ranking was assembled based the European Best Destinations website’s statistics on the most researched places to visit.
Best country for Expats and digital nomads:
Well established infrastructures and public services together with the good weather, sunny beaches and low cost of living have transformed Portugal into the World’s best country for Expats and digital nomads.
InterNations ranked Portugal 5th in 2021 as the best country for Expats and ranked Lisbon 3rd in 2020 as the best city.
Trip advisor ranked Portugal the worlds 7th best place for experiences and Michelin Guide awarded 5 new stars to Portuguese restaurants increasing the overall number to 40 stars.
Best country to retire:
Appealing low cost of living along with the inviting weather, safeness and great healthcare system places Portugal as one of the most attractive destination for retirees according with the 2022 Annual Global Retirement Index.