The world became slightly less peaceful in 2016, Portugal, which built on gains last year to rise nine places to fifth globally. Europe was the region that suffered most from terrorism compared with last year, with Turkey, France and Belgium among the most affected.

It now accounts for six of the top seven places in the global rankings. The highest-ranking countries in the world remain unchanged from 2015: Iceland, Denmark and Austria. The largest improvement in the region was recorded by Portugal, which built on gains last year to rise nine places to fifth globally. This reflects continuing improvements in the context of the country’s gradual return to political normality following its EU/ IMF economic and financial adjustment process. Notwithstanding the difficulties faced by the left-of-centre government elected in 2015, Portugal has recorded a second year of improvements across numerous dimensions, notably the likelihood of violent demonstrations, but also the Political Terror Scale and political instability. Among the other Eurozone countries to have exited similar bailout arrangements, there were only minor movements: Ireland roughly maintained its score while Spain and Cyprus saw slight deteriorations, Greece, slipped back …

Watch the 2016 GLOBAL PEACE INDEX


Lisbon’s Startup scene is booming

How to Successfully Relocate Your Young Startup to a New City like Lisbon


Today, this nation with its history of maritime exploration, has set out on a new voyage, a voyage of entrepreneurial discovery! A trend that many expect will continue for many years to come.

The world keeps talking about what’s happening in Lisbon, calling it one of the main Startup Hubs in the world. Foreign investors and entrepreneurs have call Lisbon the new Berlin, Forbes says Lisbon discovered its spirit of entrepreneurial adventure, the Financial Times compares Lisbon to San Francisco and the European Union has awarded Lisbon with the Entrepreneurial Region for 2015,

 

What’s happening here is remarkable. Lisbon is a showcase for startups such as Talkdesk, a company creating digital call centres, which counts Dropbox amongst its over 500 clients;  Uniplaces, an Airbnb version for students, which in less than 2 years has expanded to more than 30 cities across Europe;  Feedzai, the fraud prevention software that raised 17.5 million euros; Unbabel, a company promising to revolutionise the translation industry, which is a recipient of Y Combinator and Google Ventures investment; Codacy, the automated code review tool invested in by Seedcamp and winner of the  last Web Summit pitch competition in Dublin.

And the number of startups created keeps on growing. Just over last year, more than 500 startups were created in Portugal, while 8.2% of Portuguese adults were involved in startups and new businesses, according to this article on Portugal Startups.

For all the above reasons GETiN Relocation Services has introduced a special relocation service targeted specifically at Start-Ups. Our service accomodates your needs for fast growth and low budget.

How to Successfully Relocate Your Young Startup to a New City like Lisbon

Moving is always a hassle, no matter if it’s to a new country, city, or even just down the street. Moving can be even more stressful if you’re not only relocating your life, but also your company. Sometimes, however, moving is necessary to grow your business, especially if you started your company in your home or college town.

If you’ve decided that relocating to a different place will benefit your company and help you grow, than by all means don’t let anyone hold you back.

Here are some tips to help you make the move as smooth as possible:

Pre-Plan Your Move

Although there are the usual things you’ll have to figure out when moving anywhere, such as signing a lease for an apartment, changing your address with your bank and dozens of other organizations, etc., there are even more things to think about when moving a company.

If you have employees, will they move with you, work remotely, or will you need to find new employees in your new city before you move?

Will you need to find new office space? If so, make sure the space is move-in ready and that all your communication channels are up and running. Same thing applies if you’re a home-based business.

Do you have any local suppliers or companies that perform essential business functions that you will have to find in Lisbon?

Will you need to rent temporary storage space until you get situated?

Who will you need to notify of your move? Customers, suppliers, freelance employees, banks, insurance companies, etc.

If you’re not working on your startup full-time yet, will you need a new part-time job? If so, have job interviews lined up or do phone/Skype interviews before you move.

All of these questions should be thought about and figured out long before you actually move. The last thing you want is for your business to be down for a week or two while you scramble to get everything up and running. Better to think about every function of your business and how it will work in your new location before you start packing boxes.

Or you can let budgeted professionals like GETiN take care of all relocation issues, and just focus on your business.

Network Before Moving

After choosing the place you would be relocating to, you begin reaching out to people through Twitter and other channels who already lived there. You should start with people and companies you already know about, then follow people they hang out with and look at the events they were regularly going to in the local startup community. Also visit your soon-to-be new home a couple times before actually committing to the move, making sure you meet with a dozen or more entrepreneurs, companies, and possible mentors.

In this way, you have already started building a new community for yourself weeks before you actually move. Do you know where many of the entrepreneurs hang out and what startup events they are attending? This is critical for most young entrepreneurs because the last thing you want is to not have a clue about who to know or where to go when once you have arrived.

Many startups are also drawn to Lisbon because of its tech talent and they end up setting up their tech teams here. This was the case of Seedrs, for example – you can ask the guys at Landing.jobs, a marketplace for tech jobs based in Lisbon.

The Move

This is the worst part. Depending on how far you’re moving, you’ll have to decide how many trips back and forth you’ll need to take and your method(s) of transportation. Some of us are able to fit our whole life and business into a 16’ Penske moving truck and then tow our car. A moving truck is usually the best idea for a small company move, unless you can hire a moving company, which is even better.

Make sure you pack your belongings strategically, however. You want to be able to access your most essential items first, so pack those last. You don’t want to have an essential item or piece of equipment that you can’t access until you completely unpack everything else!

The move itself is another problem we can help you with, using GETiN’s partner services.

Settling In

Moving is stressful for most entrepreneurs, and once you are moved in and unpacked you’ll probably want to take a day off just to unwind. This is a luxury most of us don’t have, though, and instead you’ll probably be catching up from the last couple of days when you were moving. The more you plan ahead, however, the less catching up you’ll have to do. Then you can spend time making new connections in your new city. If you’ve done your homework, you already know people and places to go to.

You can use Twitter to find new connections and sites like StartupDigest and MeetUp to find people and events in your industry. As long as you’re outgoing, friendly, and not trying to sell your products/services to every new person you meet, you’ll become a well-known local in no time.

To support all this you have many important players within the ecosystem, from incubators to accelerators, everyone is focused on building the next generation of tech entrepreneurs:

Startup Lisbon is an impressive incubator operation, occupying three buildings in downtown Lisbon. The organization is an NGO with strong support from the public sector (Lisbon Municipality) and the private sector as well. There are more than 60 startups with upwards of 200 people working in the current offices, and the organization has supported more than 180 startups since its establishment in 2011.

Lisbon Challenge, the accelerator program from Beta-i, was considered the 4th most active accelerator in Europe by Fundacity.

Fábrica de Startups, an incubator that has been innovating by creating different workshops, networking events and programs for entrepreneurs.

Without forgetting the funding sources like  Faber VenturesCaixa Capital and Portugal Ventures on investing and helping startups succeed.

It is no coincidence that the Web Summit has relocated to Lisbon. It will be on our shores for the next three years, and it is not only here for the sun & surf.

If you want to know more, please contact us!

Duarte Jardine                                         António Vaz Guedes

duartejardine@getin.pt                            antoniovazguedes@getin.pt

Copyright © 2016 GETiNPORTUGAL®, All rights reserved.
This Newsletter concerning the processing of personal data and the protection of privacy in the electronic communications sector (Directive on privacy and
 electronic communications) according with DIRECTIVE 2002/58/EC OF THE EUROPEAN PARLIAMENT AND OF THE COUNCIL of 12 July 2002Contacts :
GETiN- Relocation Services, Praça da Armada, 35-1º 1350-027 Lisboa Portugal


Lisbon’s working hard to support home-grown businesses and attract fledgling entrepreneurs from around the globe, “The change has been dramatic. We saw all-time record investment in real estate, tourism and entrepreneurship in 2015.”

Watch the full article


Portugal O Novo Paraíso Fiscal

Regime fiscal para Residentes Não habituais-RNH


Portugal faz parte da União Europeia, da Zona Euro e do Espaço Schengen. Com um ambiente politico e social estável, uma sociedade segura, uma força de trabalho altamente qualificada e fluente em inglês e principalmente proporciona uma excelente qualidade de vida. Portugal oferece um clima favorável ao Investimento e o próprio país está a tornar-se uma localização turística premium e de compra de imobiliário, também é um dos mais inovadores países da EU em I&D e novas tecnologias.

Resumo dos Benefícios do regime Fiscal Português para Residentes Não Habituais:

  1. Desde 2009 existe uma taxa fixa de 20% para determinados rendimentos obtidos em Portugal (Emprego/Salários e rendimentos de emprego próprio), e uma isenção para quase todos os rendimentos de origem além fronteiras.
  1. A Isenção Fiscal para doações ou heranças ao cônjuge, descendentes ou ascendentes. Heranças ou presentes a outos indivíduos em princípio não serão tributáveis ou ficarão sujeitos a uma taxa fixa de 10% de Imposto de Selo.
  1. Isenção fiscal para transferências financeiras de e para Portugal, com um planeamento fiscal adequado, através do pagamento de uma taxa NIL (crescente por escalões), em vez de uma taxa fixa aplicável de 28%. Possibilidade, ainda de crédito fiscal em impostos cobrados na origem no âmbito de tratados de dupla tributação.
  1. Benefícios no tratamento fiscal de Planos Poupança Reforma (PPR) e Seguros de Vida (incluindo Unit Linked Insurance Plans) com o objectivo de redução da carga fiscal sobre o Capital Investido.
  1. As empresas portuguesas também podem beneficiar das regras de não descriminação e das Directivas Europeias relativas a Fusões, Dividendos, Juros e Royalties, assim como dos tratados de Dupla tributação.
  1. Portugal tem actualmente interessantes oportunidades num ambiente fiscal favorável, pacífico e idóneo:
  • 60 tratados de Dupla Tributação, entre os quais se contam Malta, Macau e Hong Kong;
  • Mais de 50 acordos de Proteção de investimentos;
  • 15 acordos fiscais de troca de informações já assinados e em vigor, como as Bermudas, Cayman ou Guerney;
  • Vários acordos ao nível da Segurança Social.

Portugal providencia uma excelente qualidade de vida para o investidor ou homem de negócios do sec. XXI. O regime fiscal para indivíduos é muito atrativo, ultrapassando outros países de diferentes maneiras. Ao evocar uma imagem de mansões de luxo junto à praia e de campos de golfe de nível internacional, Portugal é um dos mais populares países para os Residentes Não Habituais.

As reduzidas taxas de imposto, reforçado pelo regime aplicável para Residentes Não  Habituais, o livre envio de capitais, o novo regime amigável de Autorização de Residência (permitindo a livre circulação no espaço Schengen) e a possibilidade de solicitação da nacionalidade portuguesa e consequentemente, um passaporte Europeu, fazem de Portugal um país muito atraente.

Os Europeus estão a encontrar uma surpreendente poupança fiscal por viver em Portugal.

O regime especial de tributação para os residentes fiscais não habituais, com uma taxa de imposto fixa de 20% para um tipo de emprego em Portugal assim como para os rendimentos de origem em emprego próprio contribuiem ainda mais para a atratividade de Portugal e mostra o compromisso português em atrair os melhores profissionais internacionais, bem como indivíduos com posses e respetivas famílias.

O sistema fiscal Português oferece oportunidades interessantes em relação às Fortunas, Doações e Imposto Sucessório, bem como ao rendimento de fontes empresariais e imobiliárias, rendimentos de capital, dividendos, juros e pensões.

Indivíduos com Elevado Património e suas famílias, independentemente da nacionalidade portuguesa ou não, deverão olhar de perto o que Portugal tem para oferecer para o planeamento dos seus rendimentos, bem como para uma transmissão hereditária dos seus bens para as próximas gerações.

Para ser considerado um residente fiscal, um individuo deverá permanecer mais de 183 dias em Portugal durante o ano fiscal em referência ou ser, a 31 de Dezembro do mesmo ano, possuidor de uma habitação em Portugal com a intenção de ser a sua residência habitual.

Em 2009, resultado do seu tradicional liberalismo comercial e uma secular abordagem multicultural, mantendo laços muito estreitos com o resto do Mundo, como é o caso de Africa (Angola, Moçambique e Cabo Verde), Ãsia (China, incluindo Macau) e América do Sul (Brasil), Portugal introduziu um regime fiscal com um benefício voluntário do Imposto sobre o Rendimento das Pessoas Singulares (IRS) para os Residentes Não Habituais, com o objetivo de atrair profissionais com atividades de alto valor acrescentado assim como indivíduos detentores de elevados capitais e respetivas famílias para Portugal.

Este regime tem como objetivo aumentar a competitividade Portuguesa tanto em Inovação e Desenvolvimento (R & D), novas tecnologias e outros sectores considerados de alto valor acrescentado.

Individuos detentores de grandes capitais e as suas famílias também podem beneficiar, deste novo regime  que está disponível para o caso de pretenderem tornar-se residentes fiscais em Portugal (e não o tenham sido nos últimos 5 anos), este estatuto é concedido por um período de 10 anos consecutivos.

No entanto, a fiscalidade Portuguesa tem as suas áreas cinzentas, motivo pelo qual é importante procurar ajuda de especialistas, o que pode vir a revelar-se benéfico. Veja por exemplo os “Trustsâ€, não existe o conceito fiscal deste útil veiculo financeiro em Portugal, mas isso não significa que não se possam conseguir vantagens desta situação.

Reorganizar os seus investimentos num veiculo financeiro apropriado que englobe títulos de capitalização (Fundos de investimento), pode trazer ainda significativos benefícios fiscais. O Capital inicial poderá ser retirado do fundo em qualquer altura, provavelmente com uma pequena penalidade, mas livre de impostos, pois pressupondo que os levantamentos não serão feitos numa base regular, só as mais-valias é que serão eventualmente tributadas. No entanto os levantamentos que excedam o capital inicial são sujeitos a uma taxa bonificada, e após cinco anos, apenas 60 % desses levantamentos serão taxados e ao fim de oito anos a percentagem susceptível de ser tributada cai para 20%.

Por exemplo, num investimento inicial de € 100.000, assumindo que 20.000 serão retirados anualmente, em parcelas diferentes, não haverá lugar ao pagamento de impostos nos primeiros 5 anos pois apenas se está a retirar o capital inicial. Entre o sexto e oitavo anos, inclusive, será cobrado imposto sobre € 12.000, a partir do nono ano a base tributável será apenas de € 4.000.

Fiscalidade de Rendimentos sobre o Trabalho

Os Residentes Não Habituais estão sujeitos a uma taxa de IRS reduzida de 20%, seja no salário ou em outros rendimentos profissionais pagos em Portugal provenientes de atividades de Alto Valor Acrescentado, ou de natureza técnica, cientifica ou artística, e serão isentos de IRS nos salários de origem não Portuguesa, quando esses salários forem tributados no país de origem no âmbito de tratado de dupla tributação, ou no caso de não existir este tipo de tratado, sejam sujeitos a imposto noutra jurisdição e não considerados como fonte de rendimento de acordo com a legislação portuguesa.

Reforma e Pensões

As pensões pagas no estrangeiro aos Residentes Não Habituais também estão isentas de IRS, se as mesmas forem sujeitas a imposto no âmbito de acordo de dupla tributação, ou se não tiverem origem em Portugal e se os contribuintes relacionados não usufruem de deduções ao IRS em Portugal.

Impostos sobre Capitais

Investir em Bolsa poderá criar algum nervosismo a investidores mais cautelosos, mas, a longo prazo, a história tem provado a boa rentabilidade desta classe de activos quando comparada com outras opções, e quando realizamos ganhos é importante ter um regime de tributação no mercado de capitais favorável. Neste tipo de rendimentos as mais valias de venda de acções adquiridas há  mais de 12 meses são isentas de impostos, nos restantes casos é aplicada uma taxa favorável de 10 %.

Imposto Sucessório (Heranças)

A contrário de outros países europeus, onde o Imposto Sucessório ainda é um assunto emotivo, em Portugal este imposto foi abolido em 2004 para familiares próximos como cônjuges e filhos, , existindo algumas situações em que poderá ser devido o denominado  Imposto de Selo, à taxa de 10%, mas só para os activos situados em Portugal.

Case Study

Quanto poderá poupar com um planeamento fiscal mais cuidado? Paul Smith, viúvo de 60 anos, está prestes a ser um Residente em Portugal mas por enquanto mantém o seu domicilio fiscal no Reino Unido.

De uma maneira simplificada, os seguintes cálculos a seguir indicados mostram o imposto que o Paul deverá pagar no actual quadro fiscal, mantendo-se como residente fiscal em Manchester, tem um vencimento bruto anual de €200.000 (GBP 160.000) e está sujeito a uma taxa de tributação, em sede de IRS, de 45%, significando um valor anual liquido de vencimento de aproximadamente €110.000.

Com a alteração do Domicílio Fiscal para Portugal, Paul, ao abrigo dos Tratados de Dupla Tributação, opta por ser tributado no novo Domicílio Fiscal a uma taxa fixa de 20%, alcançando um ganho fiscal de €50.000 anuais, considerando que Paul poderá usufruir do estatuto de Residente Não Habitual, pelo menos durante os próximos 10 anos, o seu ganho relativamente à sua actual situação poderá ser, no mesmo período de tempo, de € 500.000.

Paul Smith também poderá vir ter a significativos ganhos se for detentor de um um património superior a €400.000 (GBP 325.000), uma vez que Paul está actualmente sujeito a um Imposto Sucessório de cerca de 40%, imposto este inexistente em Portugal  para parentes em 1º grau e nos restantes casos  sujeito a uma taxa bonificada de 10% de imposto de selo.

Não é uma surpresa que Portugal está a ser a primeira escolha para Indivíduos com Altos Rendimentos que queiram ter uma Residência na União Europeia.

Em conclusão, sobre o regime fiscal dos Residentes Não Habituais, também as multinacionais têm uma clara vantagem em colocar os seus Centros de Excelência em Portugal, nomeadamente os seus departamentos de Pesquisa e Desenvolvimento, e as empresas portuguesas estão a utilizar pacotes de estímulos significativos para atrair os melhores talentos.

Além disso, ao tornarem-se Residentes Não Habituais em Portugal, Indivíduos com Elevados Rendimentos poderão acumular as suas fortunas num ambiente fiscal classificado como aceitável de acordo com as deliberações da OCDE, dispondo dos seus activos  e beneficiando de isenções fiscais, podendo transmitir a sua riqueza ou propriedades sem Imposto Sucessório ou de Doações, e/ou desfrutar da sua reforma sem ver as suas pensões serem fiscalmente consumidas.

Se quiser saber mais, não hesite em contactar:

Duarte Jardine                                         António Vaz Guedes

duartejardine@getin.pt                            antoniovazguedes@getin.pt
Nota: A informação contida nesta Newsletter é baseada na legislação fiscal. No entanto, a informação é de natureza geral e, portanto, recomendamos que procure aconselhamento profissional antes de tomar qualquer decisão nesta área.
Copyright © 2016 GETiNPORTUGAL®, todos os direitos reservados.
Esta Newsletter cumpre os requesitos de processamento da protecção de dados e privacidade do sector de comunicações electrónicas, de acordo com a Directiva 2002/58/CE do Parlamento Europeu e do Conselho de 12 de Julho de 2002Contactos :
GETiN- Relocation Services, Praça da Armada, 35-1º 1350-027 Lisboa Portugal


Relocation in Portugal


Why People Relocate for Work in Portugal

The reasons why people move vary. Your organization may transfer its office to another Country, perhaps to do business more cheaply, and you might have to choose whether to move with it.

You may have the opportunity to earn a promotion if you change role. Perhaps moving would allow you to take a once-in-a-lifetime position that would increase your salary and push your career forward. Or maybe you’ve always wanted to live in a different city or in a Mediterranean Country, or you’re looking for a change in lifestyle, and now seems the perfect time to make this exciting move!

Maybe your reasons for relocating are personal. Perhaps you want to move closer to family members, or maybe you plan to marry someone whose family lives elsewhere. If you have children, you might want them to be closer to their grandparents, or in a different school system.

If you move to a new location for personal reasons and you’re without a job, you may find it difficult to get a new position. And, chances are you won’t have a network of people like GETiN Portugal Relocation Services to support you.
Relocating to a new country like Portugal, sometimes means taking a leap into the unknown. So, consider the possibility that even your dream job might not work out. You may feel homesick and miss your friends or family back home. Or you might not get along with your new boss or colleagues!

So take the time to research your options thoroughly when deciding whether to move, If you have the often-exciting opportunity to relocate for work, you’ll want to consider a number of factors before you decide whether to take it.

Here are just some of the things you should think about before you relocate:

If you have a “significant other” or children, you’ll have to take their job, education and childcare needs into account. You’ll want to get a good feel for what it’s like to live in Portugal, including its climate, safety and culture.

You’ll also have to pay close attention to the expenses associated with the move, and you’ll need to figure out whether you can afford the cost of living in a new Country. Consider how stable your job might be and the unemployment rate there, in case your partner will need to find a job.

Finally, if you’re moving to a new country like Portugal, you’ll want to think about whether it’s a good fit with your language skills, and if you can or want to adapt to portuguese culture.

What exactly makes relocating so complicated?

Among other things, the process requires you to find a new place to call home, become acquainted with your new environment, master a new job, and build a new support network—all at the same time.

Moving house and changing jobs are probably high on most people’s lists two of the most stressful things you can do and trying to do both at the same time can be even more traumatic! But you might have to switch cities or even Countries to keep a job or earn a promotion. So, relocating for work is something you may need to deal with.

Remember today’s real estate market doesn’t make it any easier. Selling a house is one of the biggest complications that relocating homeowners face, the idea of paying two mortgages is daunting, (and often not feasible), which leaves many in the challenging position of selling their current home while securing housing in their new country of employment.

Another challenge faced by two-income families: finding employment for the relocating employee’s spouse or partner.

And if you have children, you’ll probably worry about their transition to the new environment, as well.

It’s extremely difficult to be 100% focused on your new job while dealing with all of the logistics of the move, you want to make great impressions on your new colleagues but everything is new and unfamiliar, so it takes working double time in the beginning to make it all work.

So, if you want to have a successful transition, here’s what you’ll need to do:

It’s wise to get some advise from local experts and that is excacly what GETiN Relocation Services offer: expert advice! Whe help with essentials like house hunting, whether you are buying or renting, school search, practical financial advice and generally help you settle in to your new home. GETiN will also be able to help your spouse look for a job in the new country

Take time to get to know your new environment before you move

If you’re not able to visit the new city before you move, take the time talk to people that live there or used to live there, and get as much perspective as you can on what you’re walking into.

Know the cost of living in the new city

There are significant differences in cost of living among different countries.Typically, these differences will be compensated for in your salary, but it’s still important to check. Do the research and plan accordingly.

Don’t make any long-term commitments

Renting at first is a great way to settle into a new city without making a commitment to a neighborhood you might end up not liking, This is a common mistake many people make, when relocating for a job, they buy a home or commit to a long-term lease immediately, and later find that they don’t like the neighborhood, or the job.

Build a Social support network

Your may need to join clubs and interest groups to meet new people. The faster you can build a support network, the more at home you will feel and the happier you will be with your decision to move.
Establishing a social network in your new town is going to make you feel more grounded and happy, which will allow you to perform better in your new job.
Learn the skills you need for a happy and successful career; and this is just one of the many tools and resources that you’ll find here at GETiN Portugal Relocation ServicesContact us and take charge of your carreer!

If you want to know more, please contact us!

 

Duarte Jardine                                           António Vaz Guedes

duartejardine@getin.pt                            antoniovazguedes@getin.pt

Copyright © 2016 GETiNPORTUGAL®, All rights reserved.
This Newsletter concerning the processing of personal data and the protection of privacy in the electronic communications sector (Directive on privacy and
 electronic communications) according with DIRECTIVE 2002/58/EC OF THE EUROPEAN PARLIAMENT AND OF THE COUNCIL of 12 July 2002Contacts :
GETiN- Relocation Services, Praça da Armada, 35-1º 1350-027 Lisboa Portugal


Lisbon is a multicultural city, thanks in no small part to Portugal’s imperial past. It also offers a good quality of life (the beach is 10 minutes from the city centre) and a cost of living that is much lower than in other European capitals.Support for early-stage ventures is growing now that a cluster of incubator programmes is up and running.

Watch the full article


For the third year running, Algarve, Portugal, is our pick for the world’s best place to retire in 2016, thanks to its low cost of living, low cost of real estate, great weather, established expat community, user-friendly and low-cost retiree residency program, and endless options for how to meaningfully fill your days and evenings.

Watch the full article


The world keeps talking about what’s happening in Lisbon. How can the underdog of startup hubs get so much attention? Forbes says Lisbon discovered its spirit of entrepreneurial adventure, the Financial Times compares Lisbon to San Francisco, Mike Butcher from TechCrunch has just been to Lisbon to get to know the startup scene and select startups for TechCrunch Disrupt, Tech.eu highlights a new generation of entrepreneurs in the Portuguese capital, the EU awarded Lisbon with the Entrepreneurial Region for 2015, while many foreign investors and entrepreneurs keep calling Lisbon, the new Berlin.

http://startupship.org/7-reasons-why-the-web-summit-2016-should-be-in-lisbon/