The beautiful climate and relaxed atmosphere allow for Portugal to be the ideal place to set up a business. In fact, establishing a business in Portugal is fast and inexpensive as the country has established a National Trade & Investment Agency to help foreign investors streamline the process once they have procured citizenship by investment.
The application process for citizenship via investment is fast and efficient. Upon procurement of citizenship, one can utilize the Portugal Global Trade & Investment Agency to find everything from the ideal location for a business to help with incorporation. The country prides itself on their simplification of the procedures involved in setting up a business. As long as foreigners are legal residents of Portugal, there are minimal restrictions on setting up a company.
Due to the mild climate and beautiful beaches, Portugal enjoys a steady influx of tourists and the services industry is the cornerstone of the Portuguese economy.