Portugal is Europe’s most westerly country — famed for port wine, beautiful beaches, arguably the world’s best-known footballer and… cork (yes, Portugal produces over half of the world’s cork!). But there are better reasons to employ there than its geographical position and notable features.
Considered an emerging market, Portugal offers excellent potential for long-term growth and the near-term benefit of lower wage costs than are typical in surrounding countries. Both minimum wage and average wage are among the lowest in the EU. And those with a green agenda will be impressed with the levels of renewable energy the country produces, ranking behind only the Nordic countries among the EU states.
Although there is a lesser prevalence of English speakers than in most other European countries, having native Portuguese speakers may benefit truly international companies. Nine other countries also have Portuguese as their official language, making it the sixth most spoken language in the world. And if you’re hiring expat workers in Portugal, you can be confident they’ll be a happy workforce! The cost of living is low, publicly funded healthcare is considered excellent, and a recent survey found the warm climate ranks highly among reasons given for locating to Portugal from abroad.