{"id":403,"date":"2023-07-27T18:48:50","date_gmt":"2023-07-27T18:48:50","guid":{"rendered":"https:\/\/hspgroupstg.wpenginepowered.com\/?post_type=country&#038;p=403"},"modified":"2025-01-21T13:27:24","modified_gmt":"2025-01-21T18:27:24","slug":"portugal","status":"publish","type":"country","link":"https:\/\/hsp.com\/country\/portugal\/","title":{"rendered":"Portugal"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-post\" data-elementor-id=\"403\" class=\"elementor elementor-403\" data-elementor-post-type=\"country\">\n\t\t\t\t<div class=\"elementor-element elementor-element-d2771e0 e-con-full e-flex e-con e-parent\" data-id=\"d2771e0\" data-element_type=\"container\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t<div class=\"elementor-element elementor-element-592dd01 e-con-full e-flex e-con e-child\" data-id=\"592dd01\" data-element_type=\"container\">\n\t\t\t\t<div class=\"elementor-element elementor-element-d2f5b2b elementor-position-left elementor-vertical-align-middle elementor-widget elementor-widget-image-box\" data-id=\"d2f5b2b\" data-element_type=\"widget\" data-widget_type=\"image-box.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div class=\"elementor-image-box-wrapper\"><figure class=\"elementor-image-box-img\"><img fetchpriority=\"high\" decoding=\"async\" width=\"4496\" height=\"4496\" src=\"https:\/\/b3392987.smushcdn.com\/3392987\/wp-content\/uploads\/2023\/07\/Flag-Asset-98.png?lossy=1&strip=1&webp=1\" class=\"attachment-full size-full wp-image-405\" alt=\"\" srcset=\"https:\/\/b3392987.smushcdn.com\/3392987\/wp-content\/uploads\/2023\/07\/Flag-Asset-98.png?lossy=1&strip=1&webp=1 4496w, https:\/\/b3392987.smushcdn.com\/3392987\/wp-content\/uploads\/2023\/07\/Flag-Asset-98-300x300.png?lossy=1&strip=1&webp=1 300w, https:\/\/b3392987.smushcdn.com\/3392987\/wp-content\/uploads\/2023\/07\/Flag-Asset-98-1024x1024.png?lossy=1&strip=1&webp=1 1024w, https:\/\/b3392987.smushcdn.com\/3392987\/wp-content\/uploads\/2023\/07\/Flag-Asset-98-150x150.png?lossy=1&strip=1&webp=1 150w, https:\/\/b3392987.smushcdn.com\/3392987\/wp-content\/uploads\/2023\/07\/Flag-Asset-98-768x768.png?lossy=1&strip=1&webp=1 768w, https:\/\/b3392987.smushcdn.com\/3392987\/wp-content\/uploads\/2023\/07\/Flag-Asset-98-1536x1536.png?lossy=1&strip=1&webp=1 1536w, https:\/\/b3392987.smushcdn.com\/3392987\/wp-content\/uploads\/2023\/07\/Flag-Asset-98-2048x2048.png?lossy=1&strip=1&webp=1 2048w\" sizes=\"(max-width: 4496px) 100vw, 4496px\" \/><\/figure><div class=\"elementor-image-box-content\"><h1 class=\"elementor-image-box-title\">Portugal<\/h1><\/div><\/div>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-ba5f746 elementor-widget elementor-widget-text-editor\" data-id=\"ba5f746\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>Among expats, Portugal\u2019s advantageous tax regime is a well-known draw (along with Port wine and 300 days of sunshine a year). The government has for the past decade implemented a range of structural reforms to prioritize foreign investment and an ambitious EU-funded reform agenda aims to accelerate climate and digital transitions. After a deep post-pandemic recession, strong domestic demand and the return of tourists has buoyed the economy.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-08231cc elementor-align-left elementor-mobile-align-center elementor-widget elementor-widget-button\" data-id=\"08231cc\" data-element_type=\"widget\" data-widget_type=\"button.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<div class=\"elementor-button-wrapper\">\n\t\t\t\t\t<a class=\"elementor-button elementor-button-link elementor-size-sm elementor-animation-float\" href=\"\/contact-us\/\">\n\t\t\t\t\t\t<span class=\"elementor-button-content-wrapper\">\n\t\t\t\t\t\t\t\t\t<span class=\"elementor-button-text\">TALK TO AN EXPERT<\/span>\n\t\t\t\t\t<\/span>\n\t\t\t\t\t<\/a>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-c89248f e-con-full e-flex e-con e-child\" data-id=\"c89248f\" data-element_type=\"container\">\n\t\t\t\t<div class=\"elementor-element elementor-element-2e587dd elementor-widget elementor-widget-image\" data-id=\"2e587dd\" data-element_type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img decoding=\"async\" width=\"682\" height=\"517\" src=\"https:\/\/b3392987.smushcdn.com\/3392987\/wp-content\/uploads\/2023\/07\/Portugal-Hero-Image.webp?lossy=1&strip=1&webp=1\" class=\"attachment-large size-large wp-image-506\" alt=\"\" srcset=\"https:\/\/b3392987.smushcdn.com\/3392987\/wp-content\/uploads\/2023\/07\/Portugal-Hero-Image.webp?lossy=1&strip=1&webp=1 682w, https:\/\/b3392987.smushcdn.com\/3392987\/wp-content\/uploads\/2023\/07\/Portugal-Hero-Image-300x227.webp?lossy=1&strip=1&webp=1 300w\" sizes=\"(max-width: 682px) 100vw, 682px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-9a754a7 e-con-full e-flex e-con e-parent\" data-id=\"9a754a7\" data-element_type=\"container\" data-settings=\"{&quot;background_background&quot;:&quot;gradient&quot;}\">\n\t\t\t\t<div class=\"elementor-element elementor-element-25162e7 elementor-invisible elementor-widget elementor-widget-global elementor-global-981 elementor-widget-image-carousel\" data-id=\"25162e7\" data-element_type=\"widget\" data-settings=\"{&quot;slides_to_show&quot;:&quot;6&quot;,&quot;slides_to_show_tablet&quot;:&quot;4&quot;,&quot;slides_to_show_mobile&quot;:&quot;3&quot;,&quot;slides_to_scroll&quot;:&quot;1&quot;,&quot;navigation&quot;:&quot;none&quot;,&quot;pause_on_hover&quot;:&quot;no&quot;,&quot;pause_on_interaction&quot;:&quot;no&quot;,&quot;autoplay_speed&quot;:0,&quot;speed&quot;:12000,&quot;image_spacing_custom&quot;:{&quot;unit&quot;:&quot;px&quot;,&quot;size&quot;:100,&quot;sizes&quot;:[]},&quot;image_spacing_custom_mobile&quot;:{&quot;unit&quot;:&quot;px&quot;,&quot;size&quot;:50,&quot;sizes&quot;:[]},&quot;motion_fx_motion_fx_scrolling&quot;:&quot;yes&quot;,&quot;_animation&quot;:&quot;fadeIn&quot;,&quot;autoplay&quot;:&quot;yes&quot;,&quot;infinite&quot;:&quot;yes&quot;,&quot;image_spacing_custom_tablet&quot;:{&quot;unit&quot;:&quot;px&quot;,&quot;size&quot;:&quot;&quot;,&quot;sizes&quot;:[]},&quot;motion_fx_devices&quot;:[&quot;desktop&quot;,&quot;tablet&quot;,&quot;mobile&quot;]}\" data-widget_type=\"image-carousel.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-image-carousel-wrapper swiper\" role=\"region\" aria-roledescription=\"carousel\" aria-label=\"Image Carousel\" dir=\"ltr\">\n\t\t\t<div class=\"elementor-image-carousel swiper-wrapper\" aria-live=\"off\">\n\t\t\t\t\t\t\t\t<div class=\"swiper-slide\" role=\"group\" aria-roledescription=\"slide\" aria-label=\"1 of 6\"><figure class=\"swiper-slide-inner\"><img decoding=\"async\" class=\"swiper-slide-image\" src=\"https:\/\/b3392987.smushcdn.com\/3392987\/wp-content\/uploads\/2023\/07\/Morpheus-logo-white.png?lossy=1&strip=1&webp=1\" alt=\"Morpheus-logo-white\" \/><\/figure><\/div><div class=\"swiper-slide\" role=\"group\" aria-roledescription=\"slide\" aria-label=\"2 of 6\"><figure class=\"swiper-slide-inner\"><img decoding=\"async\" class=\"swiper-slide-image\" src=\"https:\/\/b3392987.smushcdn.com\/3392987\/wp-content\/uploads\/2023\/08\/Alliance_White.png?lossy=1&strip=1&webp=1\" alt=\"Alliance_White\" \/><\/figure><\/div><div class=\"swiper-slide\" role=\"group\" aria-roledescription=\"slide\" aria-label=\"3 of 6\"><figure class=\"swiper-slide-inner\"><img decoding=\"async\" class=\"swiper-slide-image\" src=\"https:\/\/b3392987.smushcdn.com\/3392987\/wp-content\/uploads\/2023\/08\/acquia.png?lossy=1&strip=1&webp=1\" alt=\"acquia\" \/><\/figure><\/div><div class=\"swiper-slide\" role=\"group\" aria-roledescription=\"slide\" aria-label=\"4 of 6\"><figure class=\"swiper-slide-inner\"><img decoding=\"async\" class=\"swiper-slide-image\" src=\"https:\/\/b3392987.smushcdn.com\/3392987\/wp-content\/uploads\/2023\/08\/ervicenow.png?lossy=1&strip=1&webp=1\" alt=\"ervicenow\" \/><\/figure><\/div><div class=\"swiper-slide\" role=\"group\" aria-roledescription=\"slide\" aria-label=\"5 of 6\"><figure class=\"swiper-slide-inner\"><img decoding=\"async\" class=\"swiper-slide-image\" src=\"https:\/\/b3392987.smushcdn.com\/3392987\/wp-content\/uploads\/2023\/08\/allegromicrosystemswhite.png?lossy=1&strip=1&webp=1\" alt=\"allegromicrosystemswhite\" \/><\/figure><\/div><div class=\"swiper-slide\" role=\"group\" aria-roledescription=\"slide\" aria-label=\"6 of 6\"><figure class=\"swiper-slide-inner\"><img decoding=\"async\" class=\"swiper-slide-image\" src=\"https:\/\/b3392987.smushcdn.com\/3392987\/wp-content\/uploads\/2023\/06\/logo-stackoverflow.png?lossy=1&strip=1&webp=1\" alt=\"logo-stackoverflow\" \/><\/figure><\/div>\t\t\t<\/div>\n\t\t\t\t\t\t\t\n\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-013be36 e-con-full e-flex e-con e-parent\" data-id=\"013be36\" data-element_type=\"container\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t<div class=\"elementor-element elementor-element-ef5cfb4 e-con-full e-flex e-con e-child\" data-id=\"ef5cfb4\" data-element_type=\"container\">\n\t\t\t\t<div class=\"elementor-element elementor-element-8af8aad elementor-widget elementor-widget-heading\" data-id=\"8af8aad\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">At a Glance<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-5b1c327 e-con-full e-flex e-con e-child\" data-id=\"5b1c327\" data-element_type=\"container\">\n\t\t<div class=\"elementor-element elementor-element-67215b8 e-con-full e-flex e-con e-child\" data-id=\"67215b8\" data-element_type=\"container\">\n\t\t\t\t<div class=\"elementor-element elementor-element-109081d toggle-list elementor-widget elementor-widget-toggle\" data-id=\"109081d\" data-element_type=\"widget\" data-widget_type=\"toggle.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-toggle\">\n\t\t\t\t\t\t\t<div class=\"elementor-toggle-item\">\n\t\t\t\t\t<div id=\"elementor-tab-title-1731\" class=\"elementor-tab-title\" data-tab=\"1\" role=\"button\" aria-controls=\"elementor-tab-content-1731\" aria-expanded=\"false\">\n\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-toggle-icon elementor-toggle-icon-right\" aria-hidden=\"true\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-toggle-icon-closed\"><svg class=\"e-font-icon-svg e-fas-plus-circle\" viewBox=\"0 0 512 512\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\"><path d=\"M256 8C119 8 8 119 8 256s111 248 248 248 248-111 248-248S393 8 256 8zm144 276c0 6.6-5.4 12-12 12h-92v92c0 6.6-5.4 12-12 12h-56c-6.6 0-12-5.4-12-12v-92h-92c-6.6 0-12-5.4-12-12v-56c0-6.6 5.4-12 12-12h92v-92c0-6.6 5.4-12 12-12h56c6.6 0 12 5.4 12 12v92h92c6.6 0 12 5.4 12 12v56z\"><\/path><\/svg><\/span>\n\t\t\t\t\t\t\t\t<span class=\"elementor-toggle-icon-opened\"><svg class=\"elementor-toggle-icon-opened e-font-icon-svg e-fas-minus-circle\" viewBox=\"0 0 512 512\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\"><path d=\"M256 8C119 8 8 119 8 256s111 248 248 248 248-111 248-248S393 8 256 8zM124 296c-6.6 0-12-5.4-12-12v-56c0-6.6 5.4-12 12-12h264c6.6 0 12 5.4 12 12v56c0 6.6-5.4 12-12 12H124z\"><\/path><\/svg><\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t<a class=\"elementor-toggle-title\" tabindex=\"0\">Do I need a local bank account?<\/a>\n\t\t\t\t\t<\/div>\n\n\t\t\t\t\t<div id=\"elementor-tab-content-1731\" class=\"elementor-tab-content elementor-clearfix\" data-tab=\"1\" role=\"region\" aria-labelledby=\"elementor-tab-title-1731\"><p>Yes, local bank account needed.<\/p><\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t\t<div class=\"elementor-toggle-item\">\n\t\t\t\t\t<div id=\"elementor-tab-title-1732\" class=\"elementor-tab-title\" data-tab=\"2\" role=\"button\" aria-controls=\"elementor-tab-content-1732\" aria-expanded=\"false\">\n\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-toggle-icon elementor-toggle-icon-right\" aria-hidden=\"true\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-toggle-icon-closed\"><svg class=\"e-font-icon-svg e-fas-plus-circle\" viewBox=\"0 0 512 512\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\"><path d=\"M256 8C119 8 8 119 8 256s111 248 248 248 248-111 248-248S393 8 256 8zm144 276c0 6.6-5.4 12-12 12h-92v92c0 6.6-5.4 12-12 12h-56c-6.6 0-12-5.4-12-12v-92h-92c-6.6 0-12-5.4-12-12v-56c0-6.6 5.4-12 12-12h92v-92c0-6.6 5.4-12 12-12h56c6.6 0 12 5.4 12 12v92h92c6.6 0 12 5.4 12 12v56z\"><\/path><\/svg><\/span>\n\t\t\t\t\t\t\t\t<span class=\"elementor-toggle-icon-opened\"><svg class=\"elementor-toggle-icon-opened e-font-icon-svg e-fas-minus-circle\" viewBox=\"0 0 512 512\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\"><path d=\"M256 8C119 8 8 119 8 256s111 248 248 248 248-111 248-248S393 8 256 8zM124 296c-6.6 0-12-5.4-12-12v-56c0-6.6 5.4-12 12-12h264c6.6 0 12 5.4 12 12v56c0 6.6-5.4 12-12 12H124z\"><\/path><\/svg><\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t<a class=\"elementor-toggle-title\" tabindex=\"0\">Do I need local representation?<\/a>\n\t\t\t\t\t<\/div>\n\n\t\t\t\t\t<div id=\"elementor-tab-content-1732\" class=\"elementor-tab-content elementor-clearfix\" data-tab=\"2\" role=\"region\" aria-labelledby=\"elementor-tab-title-1732\"><p>Yes, local representation is required.<\/p><\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t\t<div class=\"elementor-toggle-item\">\n\t\t\t\t\t<div id=\"elementor-tab-title-1733\" class=\"elementor-tab-title\" data-tab=\"3\" role=\"button\" aria-controls=\"elementor-tab-content-1733\" aria-expanded=\"false\">\n\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-toggle-icon elementor-toggle-icon-right\" aria-hidden=\"true\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-toggle-icon-closed\"><svg class=\"e-font-icon-svg e-fas-plus-circle\" viewBox=\"0 0 512 512\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\"><path d=\"M256 8C119 8 8 119 8 256s111 248 248 248 248-111 248-248S393 8 256 8zm144 276c0 6.6-5.4 12-12 12h-92v92c0 6.6-5.4 12-12 12h-56c-6.6 0-12-5.4-12-12v-92h-92c-6.6 0-12-5.4-12-12v-56c0-6.6 5.4-12 12-12h92v-92c0-6.6 5.4-12 12-12h56c6.6 0 12 5.4 12 12v92h92c6.6 0 12 5.4 12 12v56z\"><\/path><\/svg><\/span>\n\t\t\t\t\t\t\t\t<span class=\"elementor-toggle-icon-opened\"><svg class=\"elementor-toggle-icon-opened e-font-icon-svg e-fas-minus-circle\" viewBox=\"0 0 512 512\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\"><path d=\"M256 8C119 8 8 119 8 256s111 248 248 248 248-111 248-248S393 8 256 8zM124 296c-6.6 0-12-5.4-12-12v-56c0-6.6 5.4-12 12-12h264c6.6 0 12 5.4 12 12v56c0 6.6-5.4 12-12 12H124z\"><\/path><\/svg><\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t<a class=\"elementor-toggle-title\" tabindex=\"0\">What is the payroll frequency?<\/a>\n\t\t\t\t\t<\/div>\n\n\t\t\t\t\t<div id=\"elementor-tab-content-1733\" class=\"elementor-tab-content elementor-clearfix\" data-tab=\"3\" role=\"region\" aria-labelledby=\"elementor-tab-title-1733\"><p>The standard payroll frequency is Monthly.<\/p><\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t\t\t<script type=\"application\/ld+json\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@type\":\"FAQPage\",\"mainEntity\":[{\"@type\":\"Question\",\"name\":\"Do I need a local bank account?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"<p>Yes, local bank account needed.<\\\/p>\"}},{\"@type\":\"Question\",\"name\":\"Do I need local representation?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"<p>Yes, local representation is required.<\\\/p>\"}},{\"@type\":\"Question\",\"name\":\"What is the payroll frequency?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"<p>The standard payroll frequency is Monthly.<\\\/p>\"}}]}<\/script>\n\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-4093e03 e-con-full e-flex e-con e-child\" data-id=\"4093e03\" data-element_type=\"container\">\n\t\t\t\t<div class=\"elementor-element elementor-element-f9e86df toggle-list elementor-widget elementor-widget-toggle\" data-id=\"f9e86df\" data-element_type=\"widget\" data-widget_type=\"toggle.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-toggle\">\n\t\t\t\t\t\t\t<div class=\"elementor-toggle-item\">\n\t\t\t\t\t<div id=\"elementor-tab-title-2621\" class=\"elementor-tab-title\" data-tab=\"1\" role=\"button\" aria-controls=\"elementor-tab-content-2621\" aria-expanded=\"false\">\n\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-toggle-icon elementor-toggle-icon-right\" aria-hidden=\"true\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-toggle-icon-closed\"><svg class=\"e-font-icon-svg e-fas-plus-circle\" viewBox=\"0 0 512 512\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\"><path d=\"M256 8C119 8 8 119 8 256s111 248 248 248 248-111 248-248S393 8 256 8zm144 276c0 6.6-5.4 12-12 12h-92v92c0 6.6-5.4 12-12 12h-56c-6.6 0-12-5.4-12-12v-92h-92c-6.6 0-12-5.4-12-12v-56c0-6.6 5.4-12 12-12h92v-92c0-6.6 5.4-12 12-12h56c6.6 0 12 5.4 12 12v92h92c6.6 0 12 5.4 12 12v56z\"><\/path><\/svg><\/span>\n\t\t\t\t\t\t\t\t<span class=\"elementor-toggle-icon-opened\"><svg class=\"elementor-toggle-icon-opened e-font-icon-svg e-fas-minus-circle\" viewBox=\"0 0 512 512\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\"><path d=\"M256 8C119 8 8 119 8 256s111 248 248 248 248-111 248-248S393 8 256 8zM124 296c-6.6 0-12-5.4-12-12v-56c0-6.6 5.4-12 12-12h264c6.6 0 12 5.4 12 12v56c0 6.6-5.4 12-12 12H124z\"><\/path><\/svg><\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t<a class=\"elementor-toggle-title\" tabindex=\"0\">Do I need local registration to do business?<\/a>\n\t\t\t\t\t<\/div>\n\n\t\t\t\t\t<div id=\"elementor-tab-content-2621\" class=\"elementor-tab-content elementor-clearfix\" data-tab=\"1\" role=\"region\" aria-labelledby=\"elementor-tab-title-2621\"><div class=\"hsp-cards-country__card df sb ac hspshow gbox\" data-anima-delay=\"400\"><div class=\"hsp-cards-country__card-text\"><p class=\"card-bold\">No, local registration isn&#8217;t required.<\/p><\/div><\/div><\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t\t<div class=\"elementor-toggle-item\">\n\t\t\t\t\t<div id=\"elementor-tab-title-2622\" class=\"elementor-tab-title\" data-tab=\"2\" role=\"button\" aria-controls=\"elementor-tab-content-2622\" aria-expanded=\"false\">\n\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-toggle-icon elementor-toggle-icon-right\" aria-hidden=\"true\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-toggle-icon-closed\"><svg class=\"e-font-icon-svg e-fas-plus-circle\" viewBox=\"0 0 512 512\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\"><path d=\"M256 8C119 8 8 119 8 256s111 248 248 248 248-111 248-248S393 8 256 8zm144 276c0 6.6-5.4 12-12 12h-92v92c0 6.6-5.4 12-12 12h-56c-6.6 0-12-5.4-12-12v-92h-92c-6.6 0-12-5.4-12-12v-56c0-6.6 5.4-12 12-12h92v-92c0-6.6 5.4-12 12-12h56c6.6 0 12 5.4 12 12v92h92c6.6 0 12 5.4 12 12v56z\"><\/path><\/svg><\/span>\n\t\t\t\t\t\t\t\t<span class=\"elementor-toggle-icon-opened\"><svg class=\"elementor-toggle-icon-opened e-font-icon-svg e-fas-minus-circle\" viewBox=\"0 0 512 512\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\"><path d=\"M256 8C119 8 8 119 8 256s111 248 248 248 248-111 248-248S393 8 256 8zM124 296c-6.6 0-12-5.4-12-12v-56c0-6.6 5.4-12 12-12h264c6.6 0 12 5.4 12 12v56c0 6.6-5.4 12-12 12H124z\"><\/path><\/svg><\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t<a class=\"elementor-toggle-title\" tabindex=\"0\">What are the employer taxes?<\/a>\n\t\t\t\t\t<\/div>\n\n\t\t\t\t\t<div id=\"elementor-tab-content-2622\" class=\"elementor-tab-content elementor-clearfix\" data-tab=\"2\" role=\"region\" aria-labelledby=\"elementor-tab-title-2622\"><p>The employer taxes are 26% of gross salary.<\/p><\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t\t<div class=\"elementor-toggle-item\">\n\t\t\t\t\t<div id=\"elementor-tab-title-2623\" class=\"elementor-tab-title\" data-tab=\"3\" role=\"button\" aria-controls=\"elementor-tab-content-2623\" aria-expanded=\"false\">\n\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-toggle-icon elementor-toggle-icon-right\" aria-hidden=\"true\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-toggle-icon-closed\"><svg class=\"e-font-icon-svg e-fas-plus-circle\" viewBox=\"0 0 512 512\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\"><path d=\"M256 8C119 8 8 119 8 256s111 248 248 248 248-111 248-248S393 8 256 8zm144 276c0 6.6-5.4 12-12 12h-92v92c0 6.6-5.4 12-12 12h-56c-6.6 0-12-5.4-12-12v-92h-92c-6.6 0-12-5.4-12-12v-56c0-6.6 5.4-12 12-12h92v-92c0-6.6 5.4-12 12-12h56c6.6 0 12 5.4 12 12v92h92c6.6 0 12 5.4 12 12v56z\"><\/path><\/svg><\/span>\n\t\t\t\t\t\t\t\t<span class=\"elementor-toggle-icon-opened\"><svg class=\"elementor-toggle-icon-opened e-font-icon-svg e-fas-minus-circle\" viewBox=\"0 0 512 512\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\"><path d=\"M256 8C119 8 8 119 8 256s111 248 248 248 248-111 248-248S393 8 256 8zM124 296c-6.6 0-12-5.4-12-12v-56c0-6.6 5.4-12 12-12h264c6.6 0 12 5.4 12 12v56c0 6.6-5.4 12-12 12H124z\"><\/path><\/svg><\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t<a class=\"elementor-toggle-title\" tabindex=\"0\">Are there mandatory 13th and 14th salaries?<\/a>\n\t\t\t\t\t<\/div>\n\n\t\t\t\t\t<div id=\"elementor-tab-content-2623\" class=\"elementor-tab-content elementor-clearfix\" data-tab=\"3\" role=\"region\" aria-labelledby=\"elementor-tab-title-2623\"><p>Yes, there are mandatory 13th and 14th salaries.<\/p><\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t\t\t<script type=\"application\/ld+json\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@type\":\"FAQPage\",\"mainEntity\":[{\"@type\":\"Question\",\"name\":\"Do I need local registration to do business?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"<div class=\\\"hsp-cards-country__card df sb ac hspshow gbox\\\" data-anima-delay=\\\"400\\\"><div class=\\\"hsp-cards-country__card-text\\\"><p class=\\\"card-bold\\\">No, local registration isn&#8217;t required.<\\\/p><\\\/div><\\\/div>\"}},{\"@type\":\"Question\",\"name\":\"What are the employer taxes?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"<p>The employer taxes are 26% of gross salary.<\\\/p>\"}},{\"@type\":\"Question\",\"name\":\"Are there mandatory 13th and 14th salaries?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"<p>Yes, there are mandatory 13th and 14th salaries.<\\\/p>\"}}]}<\/script>\n\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-ff2a9c0 e-con-full e-flex e-con e-parent\" data-id=\"ff2a9c0\" data-element_type=\"container\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t<div class=\"elementor-element elementor-element-5b3a387 e-con-full e-flex e-con e-child\" data-id=\"5b3a387\" data-element_type=\"container\">\n\t\t\t\t<div class=\"elementor-element elementor-element-80b1de7 elementor-widget elementor-widget-heading\" data-id=\"80b1de7\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Good to Know<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-ff74d55 e-con-full e-flex e-con e-child\" data-id=\"ff74d55\" data-element_type=\"container\">\n\t\t<div class=\"elementor-element elementor-element-6b0c20c e-con-full e-flex e-con e-child\" data-id=\"6b0c20c\" data-element_type=\"container\">\n\t\t\t\t<div class=\"elementor-element elementor-element-4a304bb elementor-widget elementor-widget-image\" data-id=\"4a304bb\" data-element_type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img decoding=\"async\" width=\"602\" height=\"401\" src=\"https:\/\/b3392987.smushcdn.com\/3392987\/wp-content\/uploads\/2023\/06\/business-handshake-2021-08-29-17-11-22-utc.jpg?lossy=1&strip=1&webp=1\" class=\"attachment-large size-large wp-image-266\" alt=\"\" srcset=\"https:\/\/b3392987.smushcdn.com\/3392987\/wp-content\/uploads\/2023\/06\/business-handshake-2021-08-29-17-11-22-utc.jpg?lossy=1&strip=1&webp=1 602w, https:\/\/b3392987.smushcdn.com\/3392987\/wp-content\/uploads\/2023\/06\/business-handshake-2021-08-29-17-11-22-utc-300x200.jpg?lossy=1&strip=1&webp=1 300w\" sizes=\"(max-width: 602px) 100vw, 602px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-14b5a86 e-con-full e-flex e-con e-child\" data-id=\"14b5a86\" data-element_type=\"container\">\n\t\t\t\t<div class=\"elementor-element elementor-element-57c17a1 elementor-widget elementor-widget-text-editor\" data-id=\"57c17a1\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p><strong style=\"color: #36b278;\">Portugal is a business-friendly country although the setup of a local entity can take weeks.<\/strong>\u00a0 Many entities hire employees in Portugal as remote workers. Registering as a NRE (Non-Resident Employer) is possible as long as there is a very limited number of employees (1-3) and their activity does not imply a PE (Permanent Establishment).<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-d655de4 e-con-full e-flex e-con e-child\" data-id=\"d655de4\" data-element_type=\"container\">\n\t\t<div class=\"elementor-element elementor-element-fb408a1 e-con-full e-flex e-con e-child\" data-id=\"fb408a1\" data-element_type=\"container\">\n\t\t\t\t<div class=\"elementor-element elementor-element-366777e elementor-widget elementor-widget-text-editor\" data-id=\"366777e\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p><strong style=\"color: #36b278;\">It is easy to find advisors and employees that are fluent in English and Spanish (French-speaking people are available as well although not in the same numbers).<\/strong><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-36c64ec e-con-full e-flex e-con e-child\" data-id=\"36c64ec\" data-element_type=\"container\">\n\t\t\t\t<div class=\"elementor-element elementor-element-77b157d elementor-widget elementor-widget-image\" data-id=\"77b157d\" data-element_type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img loading=\"lazy\" decoding=\"async\" width=\"602\" height=\"401\" src=\"https:\/\/b3392987.smushcdn.com\/3392987\/wp-content\/uploads\/2023\/06\/young-students-smiling-on-camera-technology-and-2022-01-12-21-45-27-utc.jpg?lossy=1&strip=1&webp=1\" class=\"attachment-large size-large wp-image-268\" alt=\"\" srcset=\"https:\/\/b3392987.smushcdn.com\/3392987\/wp-content\/uploads\/2023\/06\/young-students-smiling-on-camera-technology-and-2022-01-12-21-45-27-utc.jpg?lossy=1&strip=1&webp=1 602w, https:\/\/b3392987.smushcdn.com\/3392987\/wp-content\/uploads\/2023\/06\/young-students-smiling-on-camera-technology-and-2022-01-12-21-45-27-utc-300x200.jpg?lossy=1&strip=1&webp=1 300w\" sizes=\"(max-width: 602px) 100vw, 602px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-441b031 e-con-full e-flex e-con e-child\" data-id=\"441b031\" data-element_type=\"container\">\n\t\t<div class=\"elementor-element elementor-element-2e02129 e-con-full e-flex e-con e-child\" data-id=\"2e02129\" data-element_type=\"container\">\n\t\t\t\t<div class=\"elementor-element elementor-element-875e9dd elementor-widget elementor-widget-image\" data-id=\"875e9dd\" data-element_type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img loading=\"lazy\" decoding=\"async\" width=\"682\" height=\"517\" src=\"https:\/\/b3392987.smushcdn.com\/3392987\/wp-content\/uploads\/2023\/07\/Costa-Rica-Body-Image-1.webp?lossy=1&strip=1&webp=1\" class=\"attachment-large size-large wp-image-406\" alt=\"\" srcset=\"https:\/\/b3392987.smushcdn.com\/3392987\/wp-content\/uploads\/2023\/07\/Costa-Rica-Body-Image-1.webp?lossy=1&strip=1&webp=1 682w, https:\/\/b3392987.smushcdn.com\/3392987\/wp-content\/uploads\/2023\/07\/Costa-Rica-Body-Image-1-300x227.webp?lossy=1&strip=1&webp=1 300w\" sizes=\"(max-width: 682px) 100vw, 682px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-d582f0f e-con-full e-flex e-con e-child\" data-id=\"d582f0f\" data-element_type=\"container\">\n\t\t\t\t<div class=\"elementor-element elementor-element-5f5a161 elementor-widget elementor-widget-text-editor\" data-id=\"5f5a161\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p><strong style=\"color: #36b278;\">Expats are moving to Portugal to take advantage of the NHR (non-habitual resident) regime which offers lucrative tax breaks to foreign residents for a period of 10 years.<\/strong> A qualifying individual is taxed at 20% for income received as an employee (as long as it is from a high added-value activity) and can receive income from abroad without being taxed, even though it has to be declared (e.g. rents). Pensionists can take advantage of this regime as well, paying only 10% in personal income tax.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-a66d0fb elementor-section-content-middle elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"a66d0fb\" data-element_type=\"section\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-top-column elementor-element elementor-element-c9239cc\" data-id=\"c9239cc\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-323d72b elementor-widget elementor-widget-heading\" data-id=\"323d72b\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\"><strong>Don\u2019t Wait!<\/strong>  Get Connected Today<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-top-column elementor-element elementor-element-15c325d\" data-id=\"15c325d\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-a8d3271 elementor-mobile-align-center elementor-align-center elementor-widget elementor-widget-button\" data-id=\"a8d3271\" data-element_type=\"widget\" data-widget_type=\"button.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<div class=\"elementor-button-wrapper\">\n\t\t\t\t\t<a class=\"elementor-button elementor-button-link elementor-size-sm elementor-animation-float\" href=\"\/contact-us\/\">\n\t\t\t\t\t\t<span class=\"elementor-button-content-wrapper\">\n\t\t\t\t\t\t\t\t\t<span class=\"elementor-button-text\">Let's Chat<\/span>\n\t\t\t\t\t<\/span>\n\t\t\t\t\t<\/a>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t<div class=\"elementor-element elementor-element-4524bd64 e-con-full e-flex e-con e-parent\" data-id=\"4524bd64\" data-element_type=\"container\" data-settings=\"{&quot;background_background&quot;:&quot;gradient&quot;}\">\n\t\t\t\t<div class=\"elementor-element elementor-element-5af37d25 elementor-widget elementor-widget-heading\" data-id=\"5af37d25\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Top Challenges<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-5c5e6d61 e-con-full e-flex e-con e-child\" data-id=\"5c5e6d61\" data-element_type=\"container\">\n\t\t<div class=\"elementor-element elementor-element-dbc43bc e-con-full e-flex e-con e-child\" data-id=\"dbc43bc\" data-element_type=\"container\">\n\t\t\t\t<div class=\"elementor-element elementor-element-b39615e elementor-position-top elementor-widget elementor-widget-image-box\" data-id=\"b39615e\" data-element_type=\"widget\" data-widget_type=\"image-box.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div class=\"elementor-image-box-wrapper\"><figure class=\"elementor-image-box-img\"><img loading=\"lazy\" decoding=\"async\" width=\"295\" height=\"295\" src=\"https:\/\/b3392987.smushcdn.com\/3392987\/wp-content\/uploads\/2023\/06\/Business-Complexity-Icon@2x.png?lossy=1&strip=1&webp=1\" class=\"attachment-full size-full wp-image-270\" alt=\"\" srcset=\"https:\/\/b3392987.smushcdn.com\/3392987\/wp-content\/uploads\/2023\/06\/Business-Complexity-Icon@2x.png?lossy=1&strip=1&webp=1 295w, https:\/\/b3392987.smushcdn.com\/3392987\/wp-content\/uploads\/2023\/06\/Business-Complexity-Icon@2x-150x150.png?lossy=1&strip=1&webp=1 150w\" sizes=\"(max-width: 295px) 100vw, 295px\" \/><\/figure><div class=\"elementor-image-box-content\"><h3 class=\"elementor-image-box-title\">Legal Mandates<\/h3><p class=\"elementor-image-box-description\">Local legal entities (e.g. \"Lda.\") are mandated to appoint a local CC (Certified Accountant) and to use a software compliant with the local rules, namely SAFT-PT (a .xml file). The most common approach is to engage a local accounting firm to comply with these requirements.<\/p><\/div><\/div>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-add3748 e-con-full e-flex e-con e-child\" data-id=\"add3748\" data-element_type=\"container\">\n\t\t\t\t<div class=\"elementor-element elementor-element-5335634 elementor-position-top elementor-widget elementor-widget-image-box\" data-id=\"5335634\" data-element_type=\"widget\" data-widget_type=\"image-box.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div class=\"elementor-image-box-wrapper\"><figure class=\"elementor-image-box-img\"><img loading=\"lazy\" decoding=\"async\" width=\"300\" height=\"276\" src=\"https:\/\/b3392987.smushcdn.com\/3392987\/wp-content\/uploads\/2023\/06\/Paying-Taxes-Icon@2x.png?lossy=1&strip=1&webp=1\" class=\"attachment-full size-full wp-image-271\" alt=\"\" \/><\/figure><div class=\"elementor-image-box-content\"><h3 class=\"elementor-image-box-title\">Billing Regulations<\/h3><p class=\"elementor-image-box-description\">Despite its small market size, Portugal\u2019s extensive local requirements \u2014 especially those related to billing \u2014 tend to surprise multinationals (SAFT-PT rules, certification of software, QR Code, Digital Signature). Every company, regardless of size or type, has to follow strict rules for sales invoicing.\nhe losses in 2020.<\/p><\/div><\/div>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-0e7a639 e-con-full e-flex e-con e-child\" data-id=\"0e7a639\" data-element_type=\"container\">\n\t\t\t\t<div class=\"elementor-element elementor-element-82679e3 elementor-position-top elementor-widget elementor-widget-image-box\" data-id=\"82679e3\" data-element_type=\"widget\" data-widget_type=\"image-box.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div class=\"elementor-image-box-wrapper\"><figure class=\"elementor-image-box-img\"><img loading=\"lazy\" decoding=\"async\" width=\"300\" height=\"276\" src=\"https:\/\/b3392987.smushcdn.com\/3392987\/wp-content\/uploads\/2023\/06\/labor.png?lossy=1&strip=1&webp=1\" class=\"attachment-full size-full wp-image-273\" alt=\"\" \/><\/figure><div class=\"elementor-image-box-content\"><h3 class=\"elementor-image-box-title\">Talent Availability & Cost<\/h3><p class=\"elementor-image-box-description\">The unemployment rate in Portugal is low, so finding and retaining talent is a challenge. Salaries are also rising even though they remain lower than in most western EU countries. Social Security charges come in at 23.75% for the employer and 11% for the employee (without any cap).<\/p><\/div><\/div>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-16f84cf e-con-full e-flex e-con e-parent\" data-id=\"16f84cf\" data-element_type=\"container\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t<div class=\"elementor-element elementor-element-a327ac9 e-con-full e-flex e-con e-child\" data-id=\"a327ac9\" data-element_type=\"container\">\n\t\t<div class=\"elementor-element elementor-element-f6eb550 e-con-full e-flex e-con e-child\" data-id=\"f6eb550\" data-element_type=\"container\">\n\t\t<div class=\"elementor-element elementor-element-c4076a1 e-con-full e-flex e-con e-child\" data-id=\"c4076a1\" data-element_type=\"container\">\n\t\t\t\t<div class=\"elementor-element elementor-element-d692d8c elementor-widget elementor-widget-heading\" data-id=\"d692d8c\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Next Steps<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-bead725 elementor-position-left elementor-vertical-align-top elementor-widget elementor-widget-image-box\" data-id=\"bead725\" data-element_type=\"widget\" data-widget_type=\"image-box.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div class=\"elementor-image-box-wrapper\"><figure class=\"elementor-image-box-img\"><img loading=\"lazy\" decoding=\"async\" width=\"67\" height=\"58\" src=\"https:\/\/b3392987.smushcdn.com\/3392987\/wp-content\/uploads\/2023\/06\/Screenshot_182.jpg?lossy=1&strip=1&webp=1\" class=\"attachment-full size-full wp-image-274\" alt=\"\" \/><\/figure><div class=\"elementor-image-box-content\"><h3 class=\"elementor-image-box-title\">Are you considering the Portuguese market? You don\u2019t know what you don\u2019t know \u2014 and that\u2019s where our local expertise comes in. Our expert-led managed services and technical consulting are designed to help you thrive in Portugal and throughout the world, regardless of regulatory complexity.<\/h3><\/div><\/div>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-b4689c1 elementor-position-left elementor-vertical-align-top elementor-widget elementor-widget-image-box\" data-id=\"b4689c1\" data-element_type=\"widget\" data-widget_type=\"image-box.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div class=\"elementor-image-box-wrapper\"><figure class=\"elementor-image-box-img\"><img loading=\"lazy\" decoding=\"async\" width=\"67\" height=\"58\" src=\"https:\/\/b3392987.smushcdn.com\/3392987\/wp-content\/uploads\/2023\/06\/Screenshot_182.jpg?lossy=1&strip=1&webp=1\" class=\"attachment-full size-full wp-image-274\" alt=\"\" \/><\/figure><div class=\"elementor-image-box-content\"><h3 class=\"elementor-image-box-title\">We back up our expertise with <em>GateWay<\/em>, our pioneering global expansion management system (GXM) that empowers you to effortlessly and compliantly manage your international footprint. This platform is your one-stop-shop for global growth.<\/h3><\/div><\/div>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-172667f e-con-full e-flex e-con e-child\" data-id=\"172667f\" data-element_type=\"container\">\n\t\t\t\t<div class=\"elementor-element elementor-element-e88753a elementor-widget elementor-widget-image\" data-id=\"e88753a\" data-element_type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<a href=\"\/contact-us\/\">\n\t\t\t\t\t\t\t<img loading=\"lazy\" decoding=\"async\" width=\"800\" height=\"716\" src=\"https:\/\/b3392987.smushcdn.com\/3392987\/wp-content\/uploads\/2023\/06\/Book-a-Call@2x.png?lossy=1&strip=1&webp=1\" class=\"attachment-large size-large wp-image-275\" alt=\"\" srcset=\"https:\/\/b3392987.smushcdn.com\/3392987\/wp-content\/uploads\/2023\/06\/Book-a-Call@2x.png?lossy=1&strip=1&webp=1 1008w, https:\/\/b3392987.smushcdn.com\/3392987\/wp-content\/uploads\/2023\/06\/Book-a-Call@2x-300x268.png?lossy=1&strip=1&webp=1 300w, https:\/\/b3392987.smushcdn.com\/3392987\/wp-content\/uploads\/2023\/06\/Book-a-Call@2x-768x687.png?lossy=1&strip=1&webp=1 768w\" sizes=\"(max-width: 800px) 100vw, 800px\" \/>\t\t\t\t\t\t\t\t<\/a>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-c0a974a e-con-full e-flex e-con e-parent\" data-id=\"c0a974a\" data-element_type=\"container\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t<div class=\"elementor-element elementor-element-b3b08a3 e-con-full e-flex e-con e-child\" data-id=\"b3b08a3\" data-element_type=\"container\">\n\t\t<div class=\"elementor-element elementor-element-a3581ba e-con-full e-flex e-con e-child\" data-id=\"a3581ba\" data-element_type=\"container\">\n\t\t<div class=\"elementor-element elementor-element-4726c8a e-con-full e-flex e-con e-child\" data-id=\"4726c8a\" data-element_type=\"container\" data-settings=\"{&quot;animation&quot;:&quot;none&quot;}\">\n\t\t\t\t<div class=\"elementor-element elementor-element-34f0fda elementor-view-stacked elementor-shape-circle elementor-widget elementor-widget-icon\" data-id=\"34f0fda\" data-element_type=\"widget\" data-widget_type=\"icon.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-icon-wrapper\">\n\t\t\t<div class=\"elementor-icon\">\n\t\t\t<svg aria-hidden=\"true\" class=\"e-font-icon-svg e-fas-quote-right\" viewBox=\"0 0 512 512\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\"><path d=\"M464 32H336c-26.5 0-48 21.5-48 48v128c0 26.5 21.5 48 48 48h80v64c0 35.3-28.7 64-64 64h-8c-13.3 0-24 10.7-24 24v48c0 13.3 10.7 24 24 24h8c88.4 0 160-71.6 160-160V80c0-26.5-21.5-48-48-48zm-288 0H48C21.5 32 0 53.5 0 80v128c0 26.5 21.5 48 48 48h80v64c0 35.3-28.7 64-64 64h-8c-13.3 0-24 10.7-24 24v48c0 13.3 10.7 24 24 24h8c88.4 0 160-71.6 160-160V80c0-26.5-21.5-48-48-48z\"><\/path><\/svg>\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-3b8f249 elementor-widget elementor-widget-text-editor\" data-id=\"3b8f249\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>\u201cWhile local vendors tend to primarily care about their sliver of the business, HSP Group is, as the single provider, fully invested in the success of the entire organization.\u201d\u00a0<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-6e20aec elementor-widget elementor-widget-text-editor\" data-id=\"6e20aec\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>Head of Finance and Operations at a fast-growing FinTech<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-dc3da69 elementor-section-content-middle elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"dc3da69\" data-element_type=\"section\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-top-column elementor-element elementor-element-0830dac\" data-id=\"0830dac\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-de6c761 elementor-widget elementor-widget-heading\" data-id=\"de6c761\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\"><strong>Have Questions? <\/strong>  Click Here to Get Them Answered!<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-top-column elementor-element elementor-element-124ab98\" data-id=\"124ab98\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-f09a027 elementor-mobile-align-center elementor-align-center elementor-widget elementor-widget-button\" data-id=\"f09a027\" data-element_type=\"widget\" data-widget_type=\"button.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<div class=\"elementor-button-wrapper\">\n\t\t\t\t\t<a class=\"elementor-button elementor-button-link elementor-size-sm elementor-animation-float\" href=\"\/contact-us\/\">\n\t\t\t\t\t\t<span class=\"elementor-button-content-wrapper\">\n\t\t\t\t\t\t\t\t\t<span class=\"elementor-button-text\">Let's Chat<\/span>\n\t\t\t\t\t<\/span>\n\t\t\t\t\t<\/a>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"<p>Among expats, Portugal\u2019s advantageous tax regime is a well-known draw (along with Port wine and 300 days of sunshine a year). The government has for the past decade implemented a range of structural reforms to prioritize foreign investment and an ambitious EU-funded reform agenda aims to accelerate climate and digital transitions. After a deep post-pandemic [&hellip;]<\/p>\n","protected":false},"author":3,"featured_media":404,"menu_order":0,"template":"","categories":[19],"tags":[],"coauthors":[],"class_list":["post-403","country","type-country","status-publish","has-post-thumbnail","hentry","category-featured"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v25.8 (Yoast SEO v25.8) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Business Opportunities in Portugal - HSP Group<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/hsp.com\/country\/portugal\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Portugal\" \/>\n<meta property=\"og:description\" content=\"Among expats, Portugal\u2019s advantageous tax regime is a well-known draw (along with Port wine and 300 days of sunshine a year). The government has for the past decade implemented a range of structural reforms to prioritize foreign investment and an ambitious EU-funded reform agenda aims to accelerate climate and digital transitions. 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