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In fact, since 2018 Portugal has recorded a lower unemployment rate than that recorded in both the Eurozone and the EU as a whole. For instance, in 2022 the unemployment rate in Portugal stood at 6%, while for the EU and the Eurozone the recorded values were respectively 6.2% and 6.8%.
[42] [43] Portugal is home to several world class universities and business schools that have been contributing to the creation of a number of highly renowned international managers [44] and are attracting an increasing number of foreign students. [45] Portugal has the highest emigration rate as a proportion of population in the European Union.
The second is a migration of skilled workers from Central and Southeastern Europe into Western Europe, within the EU. [131] While in some countries the trend may be slowing, [132] [133] certain South European countries such as Italy continue to experience extremely high rates of human capital flight. [134]
The country is scrapping the 20% flat tax rate foreign workers pay in ... shift the dial for short-term workers. Portugal clamping down on digital nomads? ... Portuguese citizenship in exchange ...
The Times spoke to Californians who moved to Portugal to ask about their experiences. We also reached out to Portuguese natives about the growing influx of remote workers, retirees and land investors.
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A foreign worker visa is an immigration document that allows a foreign national to temporarily live and work in a country. Ideally, such foreign nationals remedy a skill shortage in the host country, which gains support of business groups.
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