Keeping Portugal as the preferred destination for digital nomads
ONE Bloomberg reported a few days ago that, according to a survey by the realtor Savills PLC with executives who develop their activity as digital nomadsLisbon tops (followed by Miami and preferred by Dubai) the list of cities, the Algarve will remain in fourth place, out of a total of fifteen.
According to the person responsible for the research at Savills, the reasons for the preference of so many digital nomads for Lisbon and Algarve are the location in the EU (in the Shenghen area), the quality of life, good broadband internet connections, good climate and ease of air connections.
Some pleasantly also for other common ones: Portugal is a safe country, the Portuguese are a safe and friendly country, they speak very English gastronomy and other languages, and it is a surprise. Some of these digital nomads benefit from the tax regime applicable to Non-Habitual Residents (RNH) or retired pensioners. Others don’t even know that the RNH exists.
Many of these digital nomads have translated into real estate for residential tourism, which are already in several benefits for Portugal, as André Jordan has repeatedly explained; although from one savills 2022 does not foresee an appreciation of property values in Lisbon.
But a good part of these digital nomads are investors, business developers or company executives. Some partnerships are launching start ups, promoting business opportunities or partnering with companies and people with a know-how and know-how that they are surprised to find in Portugal. In certain cases, they are linked to the assembly of some of the most business projects that Portugal will have in the coming years.
More nomads can still come under the dorado regime, if they change as recently configured.
known nomads to meet from friends to Portugal based on known information or people. It is important from an infrastructure that allows digital nomads to operate easily in Portugal. And having the agencies is an ideal promotion to set up and manage local companies as business companies are focused on the digital economy. For this purpose, in addition to the government’s execution of its Action Plan for the Digital Transition, must create an appealing business environment for these executives and executives to consider Portugal as their base. Thus allowing a myriad of companies to flourish in areas of the digital economy, namely in areas such as fintech, IoT, cloud computing, AI and data analysis, blockchainNFTs, cryptocurrencies, electronic games, virtual reality, augmented reality, digital platforms. For this flourishing to take place, it is only necessary that in these areas the government does not get in the way and leaves it as wealth before companies start to want to “redistribute” it. Portugal has a fantastic window of opportunity to flourish a new sector that can make a notable contribution to the growth of the national economy. But having the sector where it presents the operational base that can easily change at its convenience to other authorities, is in this one.