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Since 2012, Porto has become, a preferred destination by tourists and investors from all over the world, attracting awards and gathering recognition for 8 consecutive years. INTERNATIONAL TRADE — FYI BEST COUNTRY IN EUROPE — EXPAT INSIDER 2018NO LONGER EUROPE`S BEST KEPT SECRETWHY PORTO
1st
for tech scene and innovation
1st
for expats to live
The attractiveness level increases every year as the country reaches a new stability – the GDP recorded is the lowest since 45 years of democracy (0,5%), and exports grow rate was at 8,7% on May 2019. In 2018, Portugal was rated the 25th best country for business according to Forbes and investors` confidence remains high, helping modernize the city and attract even more investments. At the same time the population’s consciousness of the impact of foreign investors made them invest in their own education – more than 72% of the population speaks a foreign language and people are highly qualified and make for a flexible workforce with competitive labor costs.
PORTUGAL RATINGS
Portugal was deemed the 6th country with the lowest cost of living out of major European cities, with a city life recognized internationally. Porto offers the thrills of a busy capital, cultural and gastronomical variety and leisure by the beach on a daily basis, with a yearly average of 276 sunny days. The timeworn charm of Porto, its medieval feel and people`s manners, traditions and welcoming skills are wed with a sophisticated reinvention of services and a burgeoning of new bars, restaurants and hotels, making it a worthy European contender for outsiders` attention. FASTEST GROWING — EY MOST PEACEFUL COUNTRY — VISIONS OF HUMANITY LOWEST COST — EXPATISTAN BEST CITY LIFE
Lifestyle
3rd
Europe Tech Hub
3rd
Global Peace Index 2019
6th
of living in 2019 out of major cities in western europe
2nd
TimeOut City Life Index 2018 Porto (out of 32 cities)