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According to a study by Berkshire Hathaway HomeServices, factors such as low interest rates have contributed to the country becoming a hub for technology and startups.

According to the study “European Summer Market Report”, by Berkshire Hathaway HomeServices, quoted by Dinheiro Vivo, Portugal is attracting more and more foreign investors who have “a growing interest in investing and living” in the country of the stars.

The company says that “the fact that interest rates are low compared to other countries and there are several financial initiatives and possibilities of obtaining residence permits have contributed to the country becoming a technology hub and startups with great relevance.

Portugal provides a “more relaxed lifestyle allied to the possibility of doing remote work”, which boosts the settlement of people and companies in the country.

Despite the existence of some “limitations in terms of real estate supply stock”, Portugal has advantages that make it a “right investment”, according to Berkshire Hathaway. The company’s general manager in Portugal, Joe Pyke, points out that the real estate company has received “clients from all over Europe, and in particular from the United Kingdom, since English is a language spoken very widely here” and “buyers from the United States, especially on the West Coast.

Source: Vida Imobiliária

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