Lisbon

Lisboa low

Lisbon is a cosmopolitan city in a privileged strategic position, with a rich heritage and a temperate climate, where people feel safe and welcome. But if you are unsure about what the city can offer to investors, companies, entrepreneurs and students, check the facts and what others have to say of Lisboa and Portugal.

 

Lisboa, European & Atlantic Business Hub

Access to Markets 2

Lisbon is a strategic gateway to and from the European, American and African continents.

 

  • Nearshore location in the same time zone as the UK
  • Portugal is a founding member of the EURO currency and a Member State of the Schengen area
  • Portuguese is the 4th most widely spoken language in the world (261 million speakers) and the 5th more used language over the Internet (Source: Observatório da Língua Portuguesa, 2017)
  • Privileged access to:
    • 500 Million European consumers
    • 260 Million Portuguese-speaking consumers (Brazil, Angola, Mozambique…)
    • USA and Canada, to which Portugal is the nearest European country
    • Other markets in South American, Africa and Asia, with whom Portugal has excellent relations
  • Infrastructure and Transport Routes - #13 (Source: The Global Competitiveness Report 2017–2018, World Economic Forum, 137 countries):
    • Quality of roads - #8
    • Quality of port infrastructure - #25 (ports in Lisbon, Setubal and Sines offer access to key shipping routes between the Panama and Suez canals; all mainland seaports are connected to the rail network onwards to Spain and Central Europe)
    • Quality of air transport infrastructure - #29 (daily direct flights from Lisbon International Airport to 110 major cities in the world – Source: ANA/VINCI Airports of Portugal, August 2017
    • Quality of railroad infrastructure - #31

Talent

Human Resources

Portugal puts a high value on Education. The result of this investment is a well-prepared, multilingual population, who embraces change and innovation.

 

  • IMD World Talent Ranking 2017 (Source: IMD World Competitiveness Center, 63 countries):
    • Public Expenditure on Education per Pupil (Secondary) - #4
    • Female Labour Force - #5
    • Management Education – #12
    • Language Skills – #14
    • University Education – #19
    • Skilled Labour - #20
  • Global Talent Competitiveness Index 2018 (Source: INSEAD, The Adecco Group, TATA Communications, 119 countries):
    • Use of virtual professional networks - #16
    • Reading, maths and science - #21
    • Gender earnings gap - #22
    • Researchers - #23
    • Vocational enrolment - #24
    • Professionals - #24
    • Availability of scientists and engineers - #34
    • Female graduates - #39 
  • IMD World Digital Competitiveness Ranking 2017 (Source: IMD World Competitiveness Center, 63 countries):
    • Pupil-teacher Ratio (tertiary education) – #10
    • Digital/Technological Skills - #14
    • Female Researchers – #14
    • Graduates in Sciences - #15
  • FT.com European Business School Rankings 2017 (Source: FT.com):
    • Nova School of Business & Economics - #25 (#17 in Masters in Management)
    • Catolica Lisbon School of Business and Economics - #26
  • US Best Global Universities Rankings 2018 (Europe) (Source: U.S. News & World Report LP, 2017 - 514 Universities)

Portugal is a tremendously viable location for software development because the country has creative and highly educated engineers, a history of embracing new technologies and can produce quality at a price that cannot be beaten anywhere in Europe”. (Source: Microsoft quoted by aicep)

Competitiveness

Business Environment

The operating costs in Lisbon are some of the lowest in Europe, without compromising quality standards and level of service.

 

  • Political Risk Index 2017 - Portugal scores 75,6 (Source: BMI Research’s Country Risk Index/Marsh - the higher the index, the less political risk) 
  • Administrative Modernisation & e-Government (fewer and simplified administrative procedures, delivering public services online 24/7)
  • Other Competitive Advantages
    • 2017 Corporate Income Tax Rate (IRC) – 21%
    • Annual Inflation Rate inferior to 1% (2017)
    • EU Labour Cost Levels in Industry, Construction and Services, 2016 - € 13.70 (Source: EUROSTAT, 2017)
    • Incentives to job creation and hiring:
      • Co-funded Professional Internships
      • Contract-Employment Measure
      • Social Security Tax Reduction
    • Financial and Tax Incentives to Productive and R&D Investment
    • Tax Incentives to attract Talent/Expats – Non-Habitual Resident scheme
  • Global Talent Competitiveness Index 2018 - LISBON (Source: INSEAD, The Adecco Group, TATA Communications - 90 cities):
    • Major universities - #1
    • Forbes Global 2000 companies - #3
    • Tertiary enrolment - #10
    • Gross expenditure on R&D - #15
    • ICT access - #17

Quality of Life and Safety

Quality of Life low
Quality of living combined with high safety records make Lisbon an easy sell when attracting talent. Moreover, sunny weather, great food, stunning architecture, world class surfing and golf and a dynamic cultural life add to the retention of human capital in the city.

 

  • Global Talent Competitiveness Index 2018 (Source: INSEAD, The Adecco Group, TATA Communications, 119 countries):
    • Physician density - #4
    • Tolerance of minorities - #5
    • Environmental performance - #7
    • Pension system - #12
    • Sanitation - #15
    • Tolerance of immigrants - #17
    • Social protection - #29 
  • Top Expat Destinations 2017 – #5 (Source: InterNations – Expat Insider 2017, The InterNations Survey, 188 countries/territories):
    • Quality of Life Index - #1
    • Friendliness and Feeling Welcome - #1
    • Leisure options – #2
    • Personal Happiness – #3
    • Ease of Settling In Index – #4
    • Health & Well-Being - #9
  • Cultural and Creative Cities Monitor 2017 Scores and Rankings, XL Category – #3 Lisboa (Source: EU - The Cultural and Creative Cities Monitor: 2017 Edition)
    • Cultural Vibrancy Index - #1
      • Cultural Venues & Facilities - #1
      • Museums - #1
      • Sights & landmarks - #2
      • Concerts & shows - #2
    • Creative Economy Index - #9
      • Jobs in new Enterprises in Other Creative Sectors - #1
      • New Jobs in Creative Sectors - #2
      • Jobs in New Arts, Culture & Entertainment Enterprises - #4
  • World Travel Awards 2017 (Source: World Travel Awards):
    • Europe's Leading Destination 2017 - Portugal
    • World's Leading Destination 2017 - Portugal
    • World's Leading City Break Destination 2017 - Lisboa
    • Europe's Leading Cruise Port 2017 - Porto de Lisboa

Lisboa, Startup City

Startup City 2

The start-up scene in Lisbon is thriving with record numbers of companies registered in the last few years, and there is a large contingent of foreign entrepreneurs who have taken root in the city. The wide availability of support, low taxes and affordable resources all make Lisbon an ideal launching pad for the young and ambitious. 

  • Incubators & Accelerators  – 32
  • FabLabs/Makers Spaces – 6
  • Co-working Spaces – 41
  • 3 Technological Parks (LISPOLIS, TAGUSPARK e MADANPARK)
  • 90 Higher Education Institutions in the Lisbon Area (Source: DGEEC/Pordata, 2017)
  • 157 Research Centres
  • Dynamic community of business angels, venture capital companies, crowdfunding, meetups.

"Lisbon has the lowest percentage of Founders with an Undergraduate Degree at 12%, and at 82% the highest percentage with a Master’s or PhD. 76% of Lisbon teams have 2-3 founders, 3rd highest in the world. (…) Lisbon has the highest rate of Women Founders in Europe, pointing towards inclusive growth, which could become a competitive advantage over time.", 2017 Global Startup Ecosystem Report

Meet the official community of Lisbon-based innovators at Made of Lisboa. 

Innovation & Technology 

  • The Global Competitiveness Report 2017–2018 (Source: WEF, 137 countries):
    • FDI and Technology Transfer - #15
    • Availability of Latest Technologies– #20
    • Quality of Scientific Research Institutions - #22
    • Internet Bandwidth kb/s/user 25 177.8) – #25
    • Firm-level Technology Absorption – #28
    • Availability of Scientists and Engineers - #28
    • Innovation - #32
    • Intellectual Property Protection - #32
    • PCT Patents Applications/million pop. - #33
    • University-industry Collaboration in R&D - #36
    • Company Spending on R&D - #39
  • Europe's Digital Progress Report 2017  (Source: UE, 28 countries)
    • Subscriptions to Fast Broadband - #4
    • Electronic Information Sharing - #5
    • Fixed NGA coverage (total) - #5 (95% - higher than the EU average of 76%)
    • 4G coverage - #6 (95% - higher than the EU average of 84%)
    • Fixed Broadband coverage - #8
    • Integration of Digital Technology - #9
    • Social Networks - #9
    • Connectivity – #10
  • The Global Innovation Index 2017 - #31 (Source: Cornell University/WIPO/INSEAD, 127 countries):
    • Environmental Performance - #7
    • Computer Software Spending - #11
    • ISO 9001 Certificates - #11
    • Scientific and Technical Articles - #12
    • Industrial Designs - #14
    • Trademarks by origin - #15
    • ICT & Business Model Creativity - #16
    • Country-code TLDs - #18
    • Ecological Sustainability - #18
    • ISO 14001 Certificates - #21
    • Venture Capital Deals - #21
    • Creative Outputs - #21
    • Innovation Output - #31
    • Innovation Input - #33
    • Innovation Efficiency ratio - #33
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CONTACT US

 

Telephone: + (351) 21 322 40 50

Address:  Rua das Portas de Santo Antão, 89
1169-022 LISBOA Portugal