BorgWarner broke ground on a new plant in Viana do Castelo, Portugal, where it plans to produce electrification products such as electric motors, inverters and battery management systems for a wide range of global automakers in Europe. Investment in the new facility where production is slated to partially begin in Q3 2022 and at full…
Com um investimento de 60 milhões de euros, o projecto vai reabilitar uma zona industrial em Peso da Régua. Vai ter um hotel, restaurante, marina e 38 residências. Uma zona industrial degradada, localizada junto ao rio Douro, em Peso da Régua, vai ser reabilitada e transformada num empreendimento turístico privado, num investimento de 60 milhões de…
Portugal’s golden visa program raised EUR 52.3 million from 100 investors and 135 family members in February, a month-on-month uptick of 58% in euro terms and of 82% in number of approvals. The disparity between the two figures is explained by a greater share of applicants opting for the alternative (typically cheaper) investment categories in…
During a recent online discussion, viewable in its entirety in the video below, a panel of experts answered questions on Portugal’s new golden visa rules, including: What, precisely, are the new rules and prices and how do these differ by investment categories and geographies? Why did the government eventually change its mind about leaving the…
The Portuguese government today published long-anticipated details on the new terms for its golden visa program, which will apply from 2022 onwards. Minimum investments amounts will rise in several categories. “[…] contrary to what had been voiced by the Portuguese Government,” writes João Cunha Vaz, Senior Partner of Lisbon-based Edge International lawyers, “the amendments now…
The Portuguese Government, having in consideration the policy of territory cohesion, decided to make some alterations in the legal requirements regarding immigration policies of foreign people in Portugal. The new legislation: Decreto- Lei nº14/2021 of 12th of February, will review the program of residence permit with investments, so it can be directed to the inland…
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There is a country where each dawn breaks with talent, innovation and opportunity. A country open for business. This country is Portugal.
The 20 Best Places For Americans To Live, Invest, Work In Europe Portugal Ranked First, Again Even if the fate of Donald Trump isn’t driving your decision, you may be considering a life abroad or dreaming of making a move across the ocean to Europe. Based on various criteria including the presence of an international school,…
Starting tomorrow, children born to foreign parents, at least one of whom has lived – legally or otherwise – in Portugal for a year will be eligible for Portuguese citizenship at birth. This became clear today as the country’s newly amended nationality law was published in the government gazette, the Diário da República, following President de…