Portugal, an Eldorado for French investors

<h2>PORTUGAL&amp;comma; AN ELDORADO FOR FRENCH INVESTORS<&sol;h2>&amp;NewLine;<p>Portugal's economic dynamism appeals to entrepreneurs&amp;period; Expatriation professionals&amp;comma; working with French companies or individuals&amp;comma; explain the reasons for this craze&amp;period;<&sol;p>&amp;NewLine;<p>In recent years, Portugal has regained its economic shape&amp;period; With growth of 2&amp;comma;7 &amp;percnt; and a falling unemployment rate of around 8 &amp;percnt;&amp;period; The country is attracting more and more foreign investors thanks to a reduction in corporate taxes&amp;period; Many of these are from <a href&equals;"https&colon;&sol;&sol;vivreauportugalconsulting&period;com&sol;creer-son-entreprise-au-portugal&sol;" target&equals;"&lowbar;blank" rel&equals;"noopener">French entrepreneurs<&sol;a> conquered by the Portuguese quality of life&amp;period; A conference on this subject&amp;comma; &amp;OpenCurlyDoubleQuote;Expatriating and investing in Portugal"&amp;comma; was held in Paris on the occasion of the <a href&equals;"https&colon;&sol;&sol;www&period;leforumexpat&period;com&sol;" target&equals;"&lowbar;blank" rel&equals;"noopener">Expat Forum 2018<&sol;a> on June 5&amp;period;<&sol;p>&amp;NewLine;<h2 class&equals;"ci-subtitle">Good economic health<&sol;h2>&amp;NewLine;<p>At <strong>Portugal<&sol;strong>&amp;comma; three regions in particular are experiencing significant development &amp;colon; those of <strong>Porto<&sol;strong>from <strong>Lisbon<&sol;strong>&amp;comma; and the<strong>Algarve&amp;comma; in the south<&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; Lisbon organizes the annual <a href&equals;"https&colon;&sol;&sol;websummit&period;com" target&equals;"&lowbar;blank" rel&equals;"noopener">Web Summit<&sol;a>one of Europe's largest tech conferences&amp;period; Nearly 2&amp;ThinSpace;000 start-ups attended the last edition&amp;period; The<a href&equals;"http&colon;&sol;&sol;alfimmobilier&period;com" target&equals;"&lowbar;blank" rel&equals;"noopener">real estate<&sol;a>Textiles and mechanical subcontracting are examples of booming sectors&amp;comma; in search of foreign investors or qualified executives&amp;period;<&sol;p>&amp;NewLine;<h2 class&equals;"ci-subtitle">Investing in Portugal &amp;colon; what are the advantages&amp;ThinSpace;&amp;quest;<&sol;h2>&amp;NewLine;<p>One of Europe's leading countries for foreign investment&amp;comma; <em>&amp;OpenCurlyDoubleQuote;Portugal is very competitive".<&sol;em>Laurent Marionnet, General Manager of the Luso-French Chamber of Commerce and Industry, points out;<span class&equals;"caps">CCILF<&sol;span>&amp;rpar;&amp;period; The country is particularly attractive for its famous <a href&equals;"https&colon;&sol;&sol;vivreauportugalconsulting&period;com&sol;faq-statut-de-rnh-portgual&sol;" target&equals;"&lowbar;blank" rel&equals;"noopener">tax exemption<&sol;a> applied to the income of foreign workers under the <strong>status <span class&equals;"caps">RNH<&sol;span><&sol;strong>&amp;period; This &amp;OpenCurlyDoubleQuote status;<a href&equals;"https&colon;&sol;&sol;vivreauportugalconsulting&period;com&sol;kit-expatriation-portugal&sol;" target&equals;"&lowbar;blank" rel&equals;"noopener">non-habitual resident<&sol;a>"is for people living in <i>Portugal more than 183 days a year<&sol;i> and have not lived in the country in the five years preceding the application&amp;period; If these conditions are met&amp;comma; <u>income tax is capped at 20 &amp;percnt;&amp;period;<&sol;u><&sol;p>&amp;NewLine;<p>Local labor is cheap&amp;comma; <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. The latter appreciate the quality of the local workforce; <em>&amp;OpenCurlyDoubleQuote;hard at work".<&sol;em>reassures Alain Muller&amp;period; For Laurent Marionnet&amp;comma; the Portuguese form a people <em>&amp;OpenCurlyDoubleQuote;conqueror"<&sol;em> because of their history&amp;comma; and are <em>&amp;OpenCurlyDoubleQuote;particularly internationally oriented".<&sol;em>This would explain their policy in favor of foreign investment, which is sometimes criticized within the European Union&amp;period;<&sol;p>&amp;NewLine;<h2 class&equals;"ci-subtitle">An undeniable quality of life<&sol;h2>&amp;NewLine;<p>At <strong>Portugal<&sol;strong>Many companies are looking for a French-speaking workforce&amp;period; Due to the presence of major French groups&amp;period; <em>&amp;OpenCurlyDoubleQuote;Speaking French is an asset".<&sol;em>comments Laurent Marionnet at the end of the conference&amp;period; But that shouldn't stop French expatriates from learning the language&amp;period; According to him <em>&amp;OpenCurlyDoubleQuote;essential to integration and the creation of a professional network"&amp;period;<&sol;em><em>&amp;OpenCurlyDoubleQuote;The advantage&amp;comma; is that there are few cultural differences and you quickly feel at ease"&amp;comma; <&sol;em>Quality of life is an undeniable factor&amp;period; Responsible for the influx of foreign workers&amp;period; <em>&amp;OpenCurlyDoubleQuote;It feels perfectly safe"&amp;comma; <&sol;em>Laurent Marionnet also notes&amp;period; This is not always the case in European cities&amp;period; The public healthcare system is, on the other hand <em>&amp;OpenCurlyDoubleQuote;excellent"<&sol;em>&amp;period;<&sol;p>&amp;NewLine;<p>Last but not least, many French retirees also choose to live in Portugal because of the tax advantages available to people covered by the French tax system. <a href&equals;"https&colon;&sol;&sol;vivreauportugalconsulting&period;com&sol;kit-expatriation-portugal&sol;" target&equals;"&lowbar;blank" rel&equals;"noopener"><strong>status <span class&equals;"caps">RNH<&sol;span><&sol;strong><&sol;a>However&amp;comma; this massive influx of wealthy immigrants has had the effect of increasing the cost of living&amp;comma; particularly in Lisbon&amp;period; Some Portuguese even admit to being disappointed with the economic dynamism generated&amp;comma; a vector of uneven regional development&amp;period;<&sol;p>&amp;NewLine;<p><a href&equals;"https&colon;&sol;&sol;www&period;courrierinternational&period;com&sol;article&sol;portugal-un-eldorado-pour-les-investisseurs-francais" target&equals;"&lowbar;blank" rel&equals;"noopener">source<&sol;a><&sol;p>&amp;NewLine;