With an average yearly salary of €22,000, Portugal is among the 10 most affordable countries in Europe. The availability of high-quality accommodation at reasonable prices is another plus for those interested in relocating to Portugal with an IT job offer. Taxes may be slightly higher than what you’re used to, but it’s the standard rate across Europe and unlikely to cause any alarm or significantly affect your take-home pay. As for bank accounts, many ex-pats choose offshore banks because they give excellent rates on international transfers. Almost all Portuguese speak English fluently and are very familiar with foreign cultures and customs which makes integration relatively easy for newcomers from EU countries. In Portugal, there are no restrictions when it comes to working in IT if you’re already an EU citizen. Foreigners will need to obtain a work permit, available for most European citizens, typically for two years with the option to extend or switch to self-employed status.
The IT industry in Portugal is led by many large companies like Microsoft, SAP, Oracle, Computer Associates, and Siemens as well as some smaller companies providing localized services. Ex-pats looking to remain competitive on the market should seek employment with international companies which are likely to have more opportunities for relocation both domestically and internationally – especially if you hold specific niche skills.
Accordingly, there’s no shortage of opportunities within the Portuguese job market if you have the right professional network. Since there are relatively few foreign professionals working in Portugal compared with other EU countries, many companies are accustomed to hiring people from abroad. Regardless of your industry or background, all you need is an international CV and the right tools to find success in Portugal.
Portugal has seen significant economic growth since 2010 – driven by export-led manufacturers including clothing and footwear, ceramics, and cork products, as well as the growing tourism sector which accounts for over 11 percent of GDP. Over 70 percent of Portugal’s export market is within the EU, but it remains a small player on the world stage both economically and geographically.
Is It Hard For Developers To Move To Portugal?
Portugal’s strength is in its highly skilled workforce. Though it might have a small population, Portugal is a developed country with well-educated professionals and a state-of-the-art infrastructure. And unlike some other European countries, Portugal rarely sees much political or economic unrest.
English speakers are a significant minority in Portugal – roughly 10% of the total population so you won’t need to learn Portuguese just to get by although it would certainly help give you an edge when applying for jobs!
What Do IT Professionals Do In Portugal?
The information technology industry employs over 30,000 workers as of 2013, accounting for 8 percent of the country’s overall workforce. In addition to many large multinationals like Microsoft and Hewlett Packard (who both have research and development facilities in the country), there are also many small-to-medium-sized businesses.
The Portuguese economy depends on technology, with exports of this industry accounting for almost 5 percent of Portugal’s overall exports! The top four companies exporting IT products from Portugal were Semafo, Logica CMG, I.N.I.P.E.M., and Neopost. Foreign companies are attracted to Portugal because of its highly skilled workforce, low labor costs (6th cheapest in Europe), generous tax incentives, and strategic location at the western edge of Europe near North Africa and South America, meaning easier access to new markets as well as a gateway into Europe itself – which makes it a base from which to expand your operation across the continent.