AGPC

From residence visas and permits to healthcare, bank accounts to utilities and telecommunications set-ups, moving to a different country marks the beginning of an exciting new journey that must be meticulously planned. If you’re contemplating relocating to Portugal, there are some matters worth taking your time over.

The conditions for admission into the country differ based on specific criteria and requirements, such as nation of origin - whether it’s EU/EFTA or non-EU/EFTA -, your reason for relocating, and your objectives regarding your stay.

Find out more about our areas of expertise at https://www.agpcinvestments.com/pt/expertise

When relocating to a new country, it’s essential to have a well-prepared plan for your assets, investments, and capital. Reliable banking partners are among the most crucial factors for you to feel comfortable and secure. 🏦

No matter the operation, whether it's opening accounts, managing funds, or accessing financial insights, our banking partnerships are designed to make your relocation process efficient and secure. In our commitment to providing necessary support, we offer extensive advisory and transactional services for both lenders and borrowers, with a deep understanding of the regulatory landscape within which our clients operate, as well as the diverse array of financing structures currently accessible in Portugal.

We're proud to have developed close relationships with partners such as Banco Carregosa, Bison Bank and ATLANTICO Europa.

Migrants play a vital role in shaping and enriching cultures worldwide, bringing experiences beyond borders, and improving cosmopolitanism. In terms of investment, the presence of new cultural dynamics brings diverse skill sets and ideas that fuel innovation and stimulate growth. 🌎

This cross-border mobility acts as a conduit for international connections and investments, bridging markets and streamlining the movement of capital. It contributes to the destination country by establishing businesses that generate employment opportunities and stimulate local economies. Recognizing the unique needs of international investors ensures that legal support navigates immigration regulations and protects their rights.

By fostering a business environment that embraces diversity and provides supportive legal frameworks, we create a more robust and inclusive global investment landscape.

In 2023, Portugal was home to over 43,000 new companies, representing a record growth according to INFORMA D&B.

This rapid development showcases the impact of a thriving entrepreneurial ecosystem, underlining the commitment to fostering innovation and economic growth while solidifying the country's position as a rising tech hub. This unprecedented wave of entrepreneurship is significantly driven by Portugal's collaborative nature, supportive business environment, and international interest in these emerging projects.

Read the complete article at https://blog.informadb.pt/2023/11/https-blog-informadb-pt-ja-foram-criadas-43413-novas-empresas/

As Portugal becomes the hub for innovation and impact, the surge in cutting-edge startups and projects is undeniable. Our collaborative spirit and commitment to groundbreaking initiatives within the entrepreneurial community are core motivations attracting companies to establish and thrive within the country.

Whether you are an entrepreneur looking to launch your startup in Portugal or expand your business into the European market, we can assist with every aspect of the process, from obligations and taxes to potential hidden costs, company setup, and fundraising. Focused on fostering transformation and cooperation, we collaborate with essential entities and stakeholders, including incubators, venture capitalists, and other active players in the ecosystem.

Learn more about how we can help at https://www.agpcinvestments.com/pt/clients-and-culture

Yesterday, the Portuguese government approved the State Budget for 2024, concluding that the Non-Habitual Resident (NHR) regime will see significant alterations for new residents arriving next year.

For those already registered in the NHR program and for those who attain tax resident status by December 31st and opt for NHR status by March 31st, the existing benefits will persist throughout the 10-year period.

However, for new tax residents arriving after January 1st 2024, the conventional NHR regime will no longer be applicable. Nevertheless, the 2024 State Budget introduces specific provisions pertaining to tax incentives for individuals, encompassing tax exemption and incentives for scientific research and innovation.

If you are looking to make this transition into the Portuguese ecosystem, AGPC provides you with tax advice needed and aids you in the planning process.

Learn more about the changes implemented on https://sicnoticias.pt/economia/2023-11-27-Parlamento-aprova-alteracoes-ao-regime-fiscal-do-residente-nao-habitual-ed111853

EF Education First has shared its English Proficiency Index, an analysis and ranking of 113 countries and regions in concern with their English-speaking skills. According to the EPI, Portugal claims a 'Very High Proficiency' rating, earning the 8th position worldwide.

Portugal's proficiency in English is essential as it enhances its access to global markets and collaborations, opening doors to knowledge and investment exchange on an international scale.

Access the full index athttps://www.ef.com/assetscdn/WIBIwq6RdJvcD9bc8RMd/cefcom-epi-site/reports/2023/ef-epi-2023-english.pdf

With the hosting of the Web Summit, Portugal cements its status as a leading center for technological innovation in Europe, transforming into a thriving ecosystem for startups, entrepreneurs, and investors.

As one of the most sought-after destinations, Portugal’s dynamic and pioneering atmosphere is attracting companies that see the Portuguese landscape as an untapped market. In this time of transition, we recognize the potential for tackling bureaucratic challenges, steering toward rewards and growth.

Now more than ever, Portugal is establishing itself as a highly attractive destination, propelled by its technological and innovative environment, earning widespread international recognition.

As per the latest insights from OCDE-OECD's Migration Policy Debates, Portugal ranks 6th place as the most attractive and promising destination for aspiring startup founders, predominantly driven by the search for economic excellence.

This ranking is propelled by a host of advantages, including tax incentives for research and development, a thriving skills ecosystem, reasonable living costs, and impressive scores in the "Future Prospects" and "Inclusiveness" categories. Moreover, well-structured startup visa programs and a revamped immigration policy framework are among the features considered in the study.

Portugal is leading the way in this endeavor, demonstrating that the pursuit of economic excellence is a path shared by everyone.

Discover more athttps://www.oecd.org/migration/mig/What-are-the-top-OECD-destinations-for-start-up-talents-Migration-Policy-Debates-March-2023.pdf

📢 Filipa Pinto de Carvalho, co-founder of AGPC, will be joining the Portugal Tech Week as a Curator for Venture & Investment, connecting with key ecosystem players and ensuring a relevant number of events take place within the industry.

The 2023 edition, scheduled from November 12th to the 22nd, boasts the collaboration of 24 ecosystem partners spanning 12 cities, and it includes a diverse line-up of over 200 events held throughout Portugal in relevant and innovative industries such as AI, Sustainability, and Web3.

This is a valuable opportunity for AGPC to collect insightful knowledge to help those looking to move or invest in any of these areas in Portugal.

Check Portugal's Tech Week agenda at

Portugal Tech Week 2023 - Nov 12 - 22 l +150 Events into Portugal Tech Week is the largest decentralized innovation festivaL in Portugal, with +150 events across + 9 Portuguese Cities !

This week marks the rollout of substantial improvements to the European Union's Blue Card program.

The Blue Card serves as a linchpin in streamlining the entry and movement of highly skilled migrant professionals within the European Union. The program streamlines the visa and residence permit process for both applicants and host countries.

Notable updates include a reduction in the required minimum duration of employment contracts, exemptions from social security registration in certain cases, and revised guidelines regarding labor market access and freelance opportunities. These updates signify a substantial step towards nurturing a dynamic, inclusive, and competitive European labor market.

Warmest congratulations to Unicorn Factory Lisboa and STARTUP LISBOA, the most recent additions to the Founding Companies of RedBridge Lisbon.

In collaboration with the AGPC team, Unbabel, 42 Lisboa, HealthTech Lisboa, LBC, they are determined to strengthen the connections between the Portuguese community and the Californian ecosystem. Their unwavering support of startups, robust collaborations, and engaging networking events will be at the heart of this exciting journey.

Explore more about their programs and areas of focus at https://www.startuplisboa.com/