Categories: EconomyPolicy

PORTUGAL IN GOOD ECONOMIC SHAPE

&amp;NewLine;<div class&equals;"wp-block-cover has-background-dim-10 has-very-dark-gray-background-color has-background-dim is-layout-flow wp-block-cover-is-layout-flow" style&equals;"background-image&colon;url&lpar;https&colon;&sol;&sol;vivreauportugalconsulting&period;com&sol;wp-content&sol;uploads&sol;2019&sol;02&sol;le-portugal-en-plein-forme&period;jpeg&rpar;"><p class&equals;"wp-block-cover-text">PORTUGAL IN TOP FORM CONTINUES TO SEDUCE<&sol;p><&sol;div>&amp;NewLine;&amp;NewLine;&amp;NewLine;&amp;NewLine;<p>Since emerging from the crisis&amp;comma; in 2014&amp;comma; the strength of the Portuguese economy has not wavered&amp;period; Even if the country&amp;comma; not escaping the general slowdown&amp;comma; suffered a slowdown at the end of&amp;rsquo&amp;semi;year&amp;period;&amp;nbsp&amp;semi;GDP growth comes out for 2018 at 2&amp;comma;1&amp;nbsp&amp;semi;&amp;percnt;&amp;comma; slightly below the 2&amp;comma;3&amp;nbsp&amp;semi;&amp;percnt; anticipated by the government but above the eurozone average of 1&amp;comma;8&amp;nbsp&amp;semi;&amp;percnt;&amp;period;<&sol;p>&amp;NewLine;&amp;NewLine;&amp;NewLine;&amp;NewLine;<p>The <strong>success story<&sol;strong> In recent years, growth has been driven by external factors, boosted by a revival in competitiveness, linked to the internationally-administered economic recovery plans implemented between 2011 and 2014. Foreign investors have also played a major role in this growth; <&sol;p>&amp;NewLine;&amp;NewLine;&amp;NewLine;&amp;NewLine;<h2 class&equals;"wp-block-heading">1&amp;comma;8&amp;percnt; growth in the eurozone<&sol;h2>&amp;NewLine;&amp;NewLine;&amp;NewLine;&amp;NewLine;<p>Economic growth in the&amp;rsquo&amp;semi;eurozone as a whole slowed to 1&amp;comma;8&amp;percnt; in 2018&amp;comma; compared with 2&amp;comma;4&amp;percnt; the&amp;rsquo&amp;semi;previous year&amp;period; Confirmed on Thursday the&amp;rsquo&amp;semi;European statistics office Eurostat&amp;comma; confirming its first estimate at the end of January&amp;period;<&sol;p>&amp;NewLine;&amp;NewLine;&amp;NewLine;&amp;NewLine;<p>For 2019&amp;comma; <strong>the Portuguese government<&sol;strong> continues to forecast growth of 2&amp;comma;2&amp;percnt;&amp;comma; while the central bank predicts GDP growth of 1&amp;comma;8&amp;percnt;&amp;period; Among the main drivers of economic recovery&amp;period; The hotel industry welcomed a record 12&amp;comma;8 million foreign tourists&amp;period; They generated sales of 3&amp;comma;6 billion&amp;semi;euros&amp;comma; according to industry statistics published Thursday by the&amp;rsquo&amp;semi;Ine&amp;period;<&sol;p>&amp;NewLine;&amp;NewLine;&amp;NewLine;&amp;NewLine;<h2 class&equals;"wp-block-heading">Portugal, a welcoming land for entrepreneurs <&sol;h2>&amp;NewLine;&amp;NewLine;&amp;NewLine;&amp;NewLine;<p style&equals;"text-align&colon;left">Portugal's economic dynamism seduces <a rel&equals;"noreferrer noopener" aria-label&equals;"les entrepreneurs &lpar;ouverture dans un nouvel onglet&rpar;" href&equals;"https&colon;&sol;&sol;vivreauportugalconsulting&period;com&sol;kit-creation-entreprise-portugal&sol;" target&equals;"&lowbar;blank">entrepreneurs&amp;nbsp&amp;semi;but also&amp;nbsp&amp;semi;auto-entrepreneurs<&sol;a>The country is attracting an increasing number of foreign investors through reduced corporate taxes, many of whom are French entrepreneurs won over by the Portuguese quality of life&amp;period;<&sol;p>&amp;NewLine;&amp;NewLine;&amp;NewLine;&amp;NewLine;<p>&amp;nbsp&amp;semi;Three regions in particular are experiencing significant growth&amp;nbsp&amp;semi;&amp;colon; those of <strong>Porto&amp;comma; de Lisbonne&amp;nbsp&amp;semi;et&amp;nbsp&amp;semi;Algarve&amp;nbsp&amp;semi;dans&amp;nbsp&amp;semi;le&amp;nbsp&amp;semi;sud&amp;nbsp&amp;semi;du&amp;nbsp&amp;semi;pays<&sol;strong>&amp;period; The North is more industrial&amp;comma; while the South is more conducive to tourism&amp;period; Digital capital&amp;comma; Every year, Lisbon organizes the Web Summit&amp;comma; one of Europe's biggest tech conferences&amp;period; Nearly 2&amp;ThinSpace;000 start-ups at its last edition&amp;period; Real estate&amp;comma; Textiles and mechanical subcontracting are examples of booming sectors&amp;period; Looking for investors or qualified executives&amp;nbsp&amp;semi;from abroad&amp;period;<&sol;p>&amp;NewLine;&amp;NewLine;&amp;NewLine;&amp;NewLine;<h3 class&equals;"wp-block-heading">Investing in Portugal&amp;nbsp&amp;semi;&amp;colon; what&amp;nbsp&amp;semi;advantages&amp;ThinSpace;&amp;quest;<&sol;h3>&amp;NewLine;&amp;NewLine;&amp;NewLine;&amp;NewLine;<p>Portugal is one of Europe&amp;rsquo&amp;semi;s leading countries in terms of foreign investment&amp;period; The country attracts foreign investors in particular thanks to its famous tax exemption. <a rel&equals;"noreferrer noopener" aria-label&equals;"fiscale appliquée au revenu des travailleurs étrangers relevant du statut&nbsp&semi;rnh &lpar;ouverture dans un nouvel onglet&rpar;" href&equals;"https&colon;&sol;&sol;vivreauportugalconsulting&period;com&sol;regime-fiscal-du-resident-non-habituel&sol;" target&equals;"&lowbar;blank">tax applied to the income of foreign workers with RNH status<&sol;a>&amp;period; This status of &amp;OpenCurlyDoubleQuote;non-habitual resident" is intended for people&amp;nbsp&amp;semi;residing in Portugal for more than 183 days a year and who have not lived&amp;nbsp&amp;semi;in the country in the past&amp;period;&amp;nbsp&amp;semi;If these conditions are met&amp;comma; income tax is capped <strong>at&amp;nbsp&amp;semi;20&amp;nbsp&amp;semi;&amp;percnt;<&sol;strong>&amp;period;<&sol;p>&amp;NewLine;&amp;NewLine;&amp;NewLine;&amp;NewLine;<p>Local labor is cheap&amp;comma;&amp;nbsp&amp;semi;<em>&amp;OpenCurlyDoubleQuote;although this is beginning to change"<&sol;em>Moreover, dynamic metropolises such as Porto and Lisbon, which have become expensive, are beginning to displease investors, who are now turning their attention to medium-sized towns. They appreciate the quality of the local workforce;<em>&amp;OpenCurlyDoubleQuote;hard at work".<&sol;em>&amp;period; The Portuguese are a people&amp;nbsp&amp;semi;<em>&amp;OpenCurlyDoubleQuote;conqueror"<&sol;em>&amp;nbsp&amp;semi;because of their history&amp;comma; and are&amp;nbsp&amp;semi;<em>&amp;OpenCurlyDoubleQuote;particularly internationally oriented".<&sol;em>&amp;comma; which would explain their policy in favor of foreign investment&amp;comma; sometimes criticized within the European Union&amp;nbsp&amp;semi;period;<br><&sol;p>&amp;NewLine;&amp;NewLine;&amp;NewLine;<p>&amp;lbrack;arm&amp;lowbar;setup id&amp;equals; "10&amp;Prime&amp;semi;&amp;rsqb;<&sol;p>&amp;NewLine;

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