Macedo Vitorino has launched a new edition of the Why Portugal investment guide. This annual report contains information on fundamental topics to be taken into account by foreign investors considering investing in Portugal, namely on the creation and organization of companies, labour regulation, tax law, protection of intellectual property, real estate investment and the judicial system.
“The 2023 edition begins by highlighting that Portugal has already overcome the economic impact of the pandemic, but is facing inflationary pressures caused by disruptions in distribution channels, the pressure of labour costs, the excess liquidity that resulted from public support during the pandemic and the war in Ukraine”, says the office in a statement.
The report also underlines that investors continue to be “confident” in long-term investments, namely energy, tourism and real estate.
The Why Portugal report highlights security, low social conflict and the inclusive and open nature of Portuguese society as investment attraction factors, with low levels of racism, religious tensions and sexual prejudice.
“The Why Portugal report reflects the reality of a country still marked by the pandemic and an already chronic dependence on tourism and real estate. The PRR promises significant investments, mainly in public administration and the public sector. We hope that they materialize and bring improvements to the functioning of the administration and justice”, underlined António de Macedo Vitorino, partner responsible for the project.
Macedo Vitorino annually publishes the Why Portugal report, available online since 2018, on a platform that contains legal and economic information, namely: legislation, official forms, international and national reports.