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Working in Portugal

Portugal can give you a balance between work and quality of life.

Portugal was hit hard by the global financial crisis a few years ago, but the situation is steadily improving. Unemployment rates are lower and employment opportunities are growing.  There are currently many expats living in Portugal and successfully running their own businesses.

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Business
Culture
Facts

Know more about Business

Portugal is a small economy in the EU. Despite this, it has made an exemplary recovery from the 2008-2013 economic crisis, much like Ireland. The tourism, textiles, shoes and automotive industries are among the biggest employers in Portugal – and it’s a world leader in renewable energy. The agricultural industry has improved thanks to the introduction of modern technological practices and its forestry management has won global recognition. In The World Bank’s 2016 Ease of Doing Business Survey, it was ranked 23rd out of 189 countries, falling only closely behind some of its European neighbours. All indicators point towards an economic recovery and an improvement in the job market, both for locals and for expats

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Easy doing business ranking 2016

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Starting a Business

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Trading Across Boarders

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Dealing with Construction Permits

Business Culture

Portuguese business culture is similar to the rest of Europe, but there are some subtle nuances to be aware of.

Presentation

Social status and personality often carry as much weight as an individual's skills and experience. Not only will a successful businessperson be smartly dressed and well mannered, they’ll also be good company and entertaining.

 

Relationships

Portuguese often prefer to do business with people they know and trust and introductions through friends or family are important. Family life and leisure activities are also very important.

Respect

Portuguese are proud people. If you are not part of the community never mock or belittle their country, its customs or perceived stereotypes, even if you’re trying to make a light-hearted joke. You’ll fit in well if you show patience and humility.

Management

Most managers are authoritative and take a firm but kind approach to leadership. They also place a lot of importance on courage and decisiveness – and they don’t appreciate being undermined or made to look weak.

Business Facts

As a European country, Portugal has a universe of opportunities for investment, work and growth.

Business Language

Usually Portuguese. Don’t expect English to be spoken widely in business circles, although some big corporations use both languages. Always bear in mind that people who have a university degree appreciate being addressed by the title of “Doutor” (Doctor). Don’t be surprised if you are addressed in this manner too.

Business Hours

Usually from 9am to mid-evening, Monday to Friday, with a 1 or 2 hour lunch break taken around 1pm. It is normal for Portuguese executives to start work late (around 10am) and finish their days late (7/8pm). Office hours differ from place to place and from company to company, so it is hard to be precise about this.

Dress

Brand names and designer labels are popular among Portuguese business people, who dress formally and conservatively. Dark suits, white shirts and silk ties are a safe choice for men. Women usually wear smart dresses or tailored suits.

Greetings

A handshake is the usual greeting at business meeting. Commonly Portuguese greet each other with one or two kisses (except men greeting each other), but only once they know each other better.  Be prepared to indulge in small talk before getting down to business.

Gender Equality

Traditionally, Portugal’s business world has been male dominated, with women only rising through the ranks in family firms. But things are changing and an increasing number of women are being appointed to senior positions.

Salaries

Portugal isn’t known for lucrative executive employment packages – and salaries tend to be considerably lower than in other European countries and the United States. However, businessmen and top managers can be very well paid.

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